First Ship Lease Trust ("FSL Trust" or the "Trust") is a Singapore-based business trust which owns a fleet of vessels across major shipping sub-sectors. FSL Trust presently has a diversified portfolio of 16 well-maintained vessels comprising containerships and a variety of tankers. Of these, 10 vessels are leased to international shipping companies on long-term bareboat charters. 6 vessels are employed on short-term time charters or in pools. As at 24 February 2020, 1 vessel was held for sale, and disposal is scheduled to take place before the end of March 2020.