first ship lease trust
First Ship Lease Trust unit to sell one vessel
Its wholly owned subsidiary, FSL-1, will be selling the vessel Cumbrian Fisher to an unaffiliated third party

First Ship Lease Trust turns a profit of US$88,000 in Q4, FY2021 DPU up 16.7%
THE manager of First Ship Lease (FSL), in its interim consolidated financial statement issued on Thursday (Feb 3), reported a net profit of US$88,000 for the fourth quarter ended Dec 31, 2021.

First Ship Lease Trust signs US$15m loan deal with Chailease
FIRST Ship Lease Trust on Monday said that six wholly-owned subsidiaries of the trust have entered into a US$15 million facility agreement with Chailease International Financial Services (Singapore) f...


FSL Trust defends sale of vessels for US$52.5m each to Libyan state-owned firm's nominees
THE trustee-manager of First Ship Lease (FSL) Trust has cited weaker earnings prospects as the rationale for its decision to sell two LR2 product tankers, in response to queries from the Singapore Exc...

FSL Trust to sell two vessels
TWO units of First Ship Lease Trust (FSL Trust) have entered an agreement to sell two LR2 product tanker new-building vessels, the FSL Suez and FSL Fos, the firm's trustee-manager announced in a Wedne...

FSL Trust resolves claim against charterer
FIRST Ship Lease (FSL) Trust has "amicably resolved" its claims against Torm Singapore for Torm's breaches of redelivery obligations as a bareboat charterer, FSL said in a bourse filing on Tuesday.

FSL Trust's Q2 net profit drops 34.7%; no distributions due to Covid-19
WITH a weaker showing in its top line, First Ship Lease (FSL) Trust, which leases vessels to the shipping industry, posted a 34.7 per cent drop in net profit to US$1.33 million for Q2 FY2020 ended Jun...

FSL swings back into black in Q4, proposes 1.5 US cents full-year DPU
FIRST Ship Lease (FSL) Trust swung back into the black with a net profit of US$3.5 million for the fourth quarter, versus a US$18.5 million loss previously, on the back of improved charter rates.

Stocks to watch: CDL, Starhill Reit, Oxley, Boardroom, Pacific Star, FSL, Alpha Energy, Accrelist
THE following companies saw new developments that may affect trading of their shares on Monday: