Crude Oil Tanker Redelivered to FSL Trust

As of July 4, 2013, FSL Trust has taken redelivery of Aqua, one of the two crude oil tankers previously leased to the subsidiary of Geden Holdings Ltd. Aqua will be renamed FSL Hong Kong. FSLTM has appointed Thome Ship Management Pte. Ltd. Singapore, as technical manager and Teekay Chartering Limited as commercial manager for FSL Hong Kong and the vessel will commence voyage employment in the spot market shortly.

The trust expects the redelivery of its second crude oil tanker, Action, to take place within July 2013. Further announcements will be made as and when there are material developments in this matter, the company said.

firstshipleasetrust.com