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Singapore Tankers and Gas Fuels

FSL in the black despite weak tanker market

Singapore-listed trust avoids red ink sweeping the tanker sector through prioritising longer-term charters that limit market exposure

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The result was 59% lower than in the same quarter last year and comes on top of a 57% fall in revenues attributable to weak tanker markets as well as a sharp reduction in FSL’s tanker fleet capacity

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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