Contact: +91 9987714747 Email: ---RPSL No: MUM330

FSL Trust


FSL Trust has posted 1 job

0 Review

Rate This Company ( No reviews yet )

Work/Life Balance
Comp & Benefits
Senior Management
Culture & Value

FSL Trust


About Us

First Ship Lease Trust (“FSL Trust” or the “Trust”) is a Singapore-based business trust which owns a diversified fleet of well-maintained, oceangoing vessels across different segments. The current vessel portfolio comprises 12 tankers of different sizes. Of these, 9 vessels are chartered to international shipping companies on fixed-rate period charters, whilst the other 3 vessels are employed in pools.

As at 31 December 2020, more than 36% of the Trust’s revenue is derived from the hire’s received from fixed-rate bareboat charters. The fixed-rate charters provide the Trust with stable and predictable long-term revenue and cash flow, while the vessels employed on shorter-term charters or in pools provide the Trust with flexibility and opportunity to capture any market upsides.

SL Trust is managed by FSL Trust Management Pte. Ltd. (“FSLTM” or the “Trustee-Manager”). The Trustee-Manager is responsible for safeguarding the interests of Unitholders and for FSL Trust’s investment and financing strategies, asset acquisition and disposal policies, and the overall management of the Trust’s portfolio. The Trustee-Manager aims to optimise the returns on the Trust’s vessel portfolio by ensuring that the vessels are well run, managing the various risks and opportunities of the Trust and improving cash flow generation for the Unitholders of the Trust.

FSL Trust (D8DU) is listed on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST).

Contact Us

About Us

Star Sea Management Private Limited is providing exclusive Manning & Crewing Services for its Foreign and Indian shipping clients with equal tie-ups with Ship Owners,Ship Management Companies or Owner’s Representatives and Managers.

Get Any Query

Contact Us

Phone:   +91 9987714747

Email :

Office No S-181, 2nd Floor, Haware Fantasia Business Park, Corporate Wing Plot No. 47, Sector-30A Vashi Navi Mumbai 400703, India
Open chat
Hello Can we help you?
Hello Can we help you?