Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/boats/fsl-trust-enters-into-new-time-charter-agreement-w.shtmlFSL Trust enters into new time charter agreement with leading oil
FSL Trust Management Pte. Ltd. has entered into a time charter agreement with Tesoro Far East Maritime Company, a wholly-owned
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FSL Trust Management Pte. Ltd. has entered into a time charter agreement with Tesoro Far East Maritime Company, a wholly-owned subsidiary of Tesoro Corporation for the FSL Shanghai, a 115,000 dwt crude oil tanker built in 2007.
The new employment is anticipated to generate approximately US$5.7 million of headline revenues over the next 12 months. This represents an increase of US$1.6 million over the previous time charter contract, representing a 40% increase in net revenue year-on-year.
