Brief: First Ship Lease Trust Says Units Entered Into Shipbuilding Contracts With Cosco Shipping Heavy Industry (Yangzhou) Co

First Ship Lease Trust

12/12/2018 18:18

Dec 12 (Reuters) - First Ship Lease Trust  FSLT.SI :
    * UNITS ENTERED INTO SEPARATE SHIPBUILDING CONTRACTS WITH
COSCO
SHIPPING HEAVY INDUSTRY (YANGZHOU) CO LTD
    * CONTRACTS FOR CONSTRUCTING, SELLING, DELIVERING TWO
114,000 DWT
SCRUBBER FITTED TIER III LR2 PRODUCT TANKERS FOR US$97,600,000
    * TO SELL AGEING VESSELS FROM EXISTING FLEET & $21.3 MILLION
FROM
PROCEEDS FROM SALES TO BE APPLIED TO NEWBUILDING ACQUISITION

Source text for Eikon:  ID:nSN4L8l4l 
Further company coverage:  FSLT.SI 

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