FSL Aframax Tanker Enters Teekay RSA

FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust), announced that the Trust has agreed to employ the 115,000 DWT Aframax crude oil tanker FSL Hong Kong, post dry docking, in the Teekay Group Revenue Sharing Agreement (RSA).

This agreement continues the Trust’s relationship with Teekay, which started back in 2013.

Roger Woods, acting chief executive officer of FSLTM, said, “We are very pleased to announce the employment of FSL Hong Kong in the Teekay RSA, strengthening the Trust’s valued relationship with this market leader in the Aframax segment.”