Singapore shipowner First Ship Lease Trust (FSL Trust)’s earnings were boosted by a tanker sale, as well as reversing the impairment on another vessel.
It posted a second-half profit of $6.9m, up by $5m compared with the same period in 2023. Full-year profits more than doubled year on year to $8.3m.
The sale of the 12,900-dwt product carrier Cumbrian
