FSL Trust Eyes Refinancing for Tanker Duo

CoinsIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license

FSL Trust Management, the trustee-manager of Singapore-based First Ship Lease Trust, is looking to secure refinancing for the Trust’s two chemical tankers, FSL New York and FSL London.

After considering sale or refinancing options, the trustee-manager informed that the company is exploring the refinancing “in view of the current poor market conditions for vessel disposals.”

As such, discussions with banks to refinance the chemical tankers are now in progress.

FSL Trust Management said that the board and management are continuing to pursue a full refinancing of the Trust’s existing loan facilities in order to fully repay current lenders.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >