October24 , 2026

    FSL ships out another product tanker

    Related

    Rail Container Movement Picks Up at Vallarpadam ICTT After Years of Underutilisation

    Container movement by rail to the Vallarpadam International Container...

    Indian Railways Launches Specialised Salt Container Train in Kutch, Targets 11% Logistics Savings

    Indian Railways has introduced the country’s first specialised salt...

    India–US East Coast Spot Freight Rates Fall as Carriers Compete for Cargo

    India–US East Coast spot freight rates have dropped sharply,...

    Southern Railway Approves Container Handling at Trichy Goods Shed

    Southern Railway has approved lift-on, lift-off (Lo-Lo) container handling...

    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.