FSL Trust's vessel portfolio comprises 11 vessels and it is diversified across three shipping sub-sectors, namely crude oil tankers, product tankers and chemical tankers and are employed under different types of employment.

Vessels on Bareboat Charter

Currently, 8 vessels are chartered to international shipping companies on fixed-rate period bareboat charters. The term of each charter was at least 5 years at inception.

Vessels in the Spot Market

FSL Trust's chemical tanker, FSL London, and the MR product tanker, FSL Singapore, are currently employed in the spot market.

Vessels in Revenue Sharing Agreement

FSL Trust's Aframax crude oil tanker, FSL Hong Kong, is employed under Teekay's Aframax Revenue Sharing Agreement (RSA).