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>

<< Jan 2020 >>
MTWTFSS
30 31 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 31 1 2

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >