The manager of First Ship Lease Trust (FSL) has agreed to sell a 115,000 DWT crude oil tanker FSL Hong Kong on June 1.
The trust’s wholly-owned subsidiary, FSL-23 has entered into a memorandum of agreement to sell FSL Hong Kong to an unaffiliated third party who lodged a 20% deposit in the escrow.
FSL Hong Kong was built at Samsung Heavy Industries in South Korea in 2007 and has most recently been trading in a revenue-sharing agreement.
Units in FSL closed 0.2 cents lower or 3% down on Jun 1 at 6.5 cents.
