FSL Trust Pact with Heidmar’s Sigma Pool for Two Vessels

Shailaja A. Lakshmi
Wednesday, August 1, 2018

Singapore-based FSL Trust Management (FSLTM), as trustee-manager of First Ship Lease Trust  announced a new pool agreement for the two LR2 vessels, 2006 built and each 109,672 DWT, FSL Piraeus (ex-Torm Margrethe) and FSL Perth (ex-Torm Marie), which have recently returned from their bareboat charters and have now been renamed.

The Trust has established a new business relationship with Heidmar as these vessels enter into the Sigma Pool.

Heidmar Inc, founded in 1984, is one of the world’s leading commercial tanker operators with a fleet of approximately 80 ships, including VLCC, Suezmax, Aframax / LR2, and Panamax vessels.

Roger Woods, Chief Executive Officer of FSL Trust commented: "We are delighted to be working along with a reputable and knowledgeable partner like Heidmar. This is another positive step forward for the business, providing stable income and strengthening the Trust’s position with this market leader.”

FSL Trust owns a fleet of vessels across major shipping sub-sectors. FSL Trust presently has a diversified portfolio of 19 well-maintained oceangoing, comprising three containerships, twelve product tankers, two chemical tankers and two crude oil tankers.

Categories: Tankers Logistics Contracts Vessels

Related Stories

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

LNG Bunker Vessel Christened

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Current News

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

François Michel Appointed Chief Executive Officer of the GTT Group

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

LNG Bunker Vessel Christened

Subscribe for Maritime Logistics Professional E‑News