April28 , 2026

    FSL ships out another product tanker

    Related

    Karnataka Govt Polytechnic in Mangaluru to Get ₹75 Crore Logistics CoE

    Karnataka Government Polytechnic (KPT) has been selected by the...

    Basmati Exporters Slam Shipping Lines Over ‘Hypocritical’ Force Majeure Claims Amid Gulf Crisis

    India’s basmati rice exporters have sharply criticised global shipping...

    Gateway Cargo Operations at Vizhinjam Port Set for Early May Launch

    Vizhinjam International Seaport is poised to begin export-import (Exim),...

    Share

    Singapore-listed product tanker owner First Ship Leasing Trust (FSL) has sold a second vessel coming off a long-term bareboat charter.

    The company has agreed to offload the 2005-built 12,984 dwt Clyde Fisher for an undisclosed sum.

    The oldest and the largest vessel in FSL’s fleet is estimated by VesselsValue at about $8.3m.

    The 20-year-old unit built at Samho Tongyoung in South Korea came off charter with James Fisher earlier this year.

    In December, FSL disposed of its oldest tanker at the time, the Cumbrian Fisher, built in 2004, for a net cash consideration of about $6.6m, and a profit of $2.3m.

    The trust will, following the sale, have six tankers of different sizes built between 2006 and 2008, all fixed on bareboat deals to James Fisher Everard, part of the James Fisher Group.

    spot_img