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.
Vessel in Revenue Sharing Agreement
FSL Trust's Aframax crude oil tanker, FSL Hong Kong, is currently employed under Revenue Sharing Agreement.