First Ship Lease Trust (FSL Trus”), said it has acquired two product tankers from two affiliates of privately held Groda Shipping & Transportation Ltd for a total of US$113 million. These vessels were concurrently leased back to the sellers for a base lease term of seven years. The sellers will continue to employ the vessels…
SINGAPORE: FSL Trust acquires two product tankers for US$113 million, boost yield to 11.7%
Posted on November 14, 2007 by EnergyAsia