FSL offloads product tanker – Splash247

Singapore’s First Ship Lease Belief (FSL) has introduced the sale of 2006-built (Hyundai Mipo) product tanker
FSL Singapore to an unaffiliated third occasion.

The vessel was the one ship within the FSL fleet buying and selling within the spot market, and leaves the corporate with eight product tankers that are all chartered by James Fisher.

Earlier this week, FSL introduced it was trying to broaden its portfolio into renewables and energy-related offshore property that generate long-term money flows and revenue. The proprietor stated that volatility and fierce competitors, amongst different issues, make it troublesome to develop a aggressive benefit in current transport markets.