FSL Trust has managed to maintain its positive momentum as it improved its bottom line in the third quarter.
The diversified shipowner reported net profit of $3.5m, an improvement of 24% from the same stage of 2015.
Alan Hatton, chief executive at FSL, said: “We are pleased to post another profitable and cash generative quarter, despite the challenging shipping market and three dry dockings falling in 3QFY16.
“This
