Two New Directors Appointed at FSL Trust
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust), announced the appointment of Mr. Simon Davidson and Mr. Timothy James Reid to its Board of Directors. Simon Davidson joins the Board of FSLTM as independent and non-executive director. He is a partner at Holman Fenwick Willan in Singapore and has practiced in the areas of shipping, commodity and other litigation in the High Court in London, the High Court in Hong Kong and in arbitration in London, Hong Kong, Singapore and numerous other jurisdictions over a period of nearly three decades. Timothy James Reid will serve as non-independent and non-executive director on the Board of FSLTM. He is currently a Director of FSL Holdings Pte. Ltd., the sponsor of FSL Trust. Mr.
Hong Kong Container Terminal Strike Latest
The High Court in Hong Kong has ruled in favour of extending the temporary injunction, but acknowledges the workers' right to strike. According to the ITF, the injunction against the Union of Hong Kong Dockers (HKDU) aims to halt action at the Kwai Tsing Container Terminal in the Port of Hong Kong, where the Industrial action began on 30, March 2013. The strike is seen as a last resort measure by the union in their attempts to secure transparent, good faith dialogue with their employer Hong Kong International Terminals (HIT)…
