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27-04-2017, 09:20 AM
(27-04-2017, 09:14 AM)wonghw12 Wrote:(26-04-2017, 09:13 PM)Boon Wrote: Leases of 9 vessels expiring within this year.
So far so good, one has been redeployed and three with contracts extended.
Vessel (leases expiring)
FSL Hong Kong (1Q FY2017) - on revenue sharing basis with Teekay Group
Speciality (2Q FY2017) - contract extended
Superiority (2Q FY2017) - contract extended
Seniority (2Q FY2017) - contract extended
FSL Shanghai (3Q FY2017)
FSL Hamburg (4Q FY2017)
FSL Singapore (4Q FY2017)
Cumbrian Fisher (4Q FY2017)
Clyde Fisher (4Q FY2017)
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FSL Trust announces agreement to extend bareboat charters for three vessels
http://fsltrust.listedcompany.com/newsro...K770.1.pdf
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I am skeptical on the charter rates for these extended charters. Hopefully they'll share more information during results.
Exactly , extended but at what chartered rates ? Can the new chartered rates generate enough cash flow to meet expenses ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.