UK shipowner James Fisher has extended bareboat contracts on a trio of small products tankers from Singapore’s First Ship Lease Trust.

It will keep hold of the 4,400-dwt Speciality and Seniority (both built 2006) and the Superiority (built 2007), the Trust told investors today.

Roger Woods, acting chief executive of FSL Trust, said in a statement the agreement would continue to generate stable income during the next few years.