something big coming?
SmallSmall ( Date: 07-Jan-2026 14:06) Posted:
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New high liao $0.054 clear.....Uncharted towards $0.08?
yes.. buy some get ready for bull run. 6 series should come soon 
buy abit keep in pocket
MrBear12 ( Date: 07-Jan-2026 10:20) Posted:
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Recovering maritime industry shld support this one.
Just pray no recession in the next few years
Just pray no recession in the next few years
redbull888 ( Date: 07-Jan-2026 10:10) Posted:
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NAV @ 0.09 is gd
tofudidi ( Date: 07-Jan-2026 09:43) Posted:
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more deals coming... NAV 9c... alot of room for upside...  
SmallSmall ( Date: 31-Dec-2025 09:02) Posted:
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2nd wave push coming.. should go above 5 series towards 6 next 
Great news. Wait for second wave of push. Sure cross 5 series la...
SmallSmall ( Date: 31-Dec-2025 09:02) Posted:
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close the gap towards 60. penny rally. 2026 
trading at discounted price of NAV... next year will be better 
heading back towards 5 series... 
SmallSmall ( Date: 31-Dec-2025 09:02) Posted:
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manage to get some today...
FSL is a real GEM in sgx. 
gave out good dividends and good track records. 
it will have it' s day where people realise their value. 
gave out good dividends and good track records. 
it will have it' s day where people realise their value. 
NAV $0.0905
The Board of Directors announces that it has reached agreement
with James Fisher Everard Ltd. to extend the charters for the product tankers Speciality, Seniority
and Superiority for periods from five months up to four years.
In addition, agreement has been reached for the options to terminate to be removed from the charters
of Shannon Fisher and Solway Fisher, resulting in fixed employment into 2029.
The successful conclusion of the combined negotiations has added USD 12.3 million of contracted future
revenue.
The Trust will continue to enter into longer-term contracts with strong counterparties to manage the
performance of the Trust, providing stable income, when the right market opportunities arise.
The Board of Directors announces that it has reached agreement
with James Fisher Everard Ltd. to extend the charters for the product tankers Speciality, Seniority
and Superiority for periods from five months up to four years.
In addition, agreement has been reached for the options to terminate to be removed from the charters
of Shannon Fisher and Solway Fisher, resulting in fixed employment into 2029.
The successful conclusion of the combined negotiations has added USD 12.3 million of contracted future
revenue.
The Trust will continue to enter into longer-term contracts with strong counterparties to manage the
performance of the Trust, providing stable income, when the right market opportunities arise.
This one closed at the high today on quite good volume $0.042 +$0.005
Managed to buy some at $0.042
Tomorrow likely to open up ....
Managed to buy some at $0.042
Tomorrow likely to open up ....
May have a party tomorrow....close $0.04 +$0.002 Volume 3.1 mil
 
 
SmallSmall ( Date: 14-Oct-2025 17:14) Posted:
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This one got volume today
FSL Trust net profit grows 26.9% y-o-y for 1HFY2025 to US$1.7 mil from gain on disposal of vessels
The manager of First Ship Lease Trust (FSL Trust) has reported a net profit of US$1.7 million ($2.19 million) for the 1HFY2025 ended June 30, up 26.9% y-o-y.
 
This includes a US$0.7 million gain on disposal of vessels.
 
However, the trusts&rsquo adjusted ebitda for 1HFY2025 came in at US$2.04 million, down 33.4% y-o-y, and revenue for the reporting period declined 26.8% y-o-y to US$3 million.
 
As at June 30, the trust has 6 vessels operating under fixed-rate period charters, two less than in the same period a year ago.
 
The trust has contracted future revenue of up to US$13.5 million, including US$7.7 million of firm contracted revenue and US$ 5.8 million of optional contracted revenue. It made a voluntary prepayment of US$2.5 million to reduce the outstanding loan during the first half year 2025.
 
As at June 30, the trust has an outstanding loan of US$2 million.
 
FSL Trust reports 116.1% y-o-y increase in net profit of US$8.3 mil from gain on vessel disposal
 
The trustee-manager of First Ship Lease Trust (FSL Trust) has announced a net profit of US$8.3 million ($11.25 million) for the FY2024 ended Dec 31, 2024, a 116.1% y-o-y increase from the same period a year before. 
 
For 2HFY2024, the group reported a net profit of US$6.9 million. This includes the reversal of impairment on vessels and gain on disposal of vessels. 
 
FSL&rsquo s earnings per unit came in at 0.47 US cents for the full year, a 123.8% y-o-y increase. 
 
The trust sold the product tanker, Cumbrian Fisher in December 2024, for a net cash consideration of about US$6.619 million, resulting in a gain on disposal of US$2.281 million. 
 
For FY2024, the group recognised a reversal of impairment on vessels amounting to US$1.97 million based on fair value less costs of disposal. As at Dec 31, 2024, the carrying amount of the vessels was US$26.7 million. 
 
The group&rsquo s revenue decreased by 1.2% y-o-y to US$4.36 million. 
 
As at Dec 31, with 7 vessels operating under fixed-rate period charters, the Trust has contracted future revenue of up to US$16.5 million, including US$10.7 million of firm contracted revenue and US$ 5.8 million of optional contracted revenue. The Trust ended the year 2024 with zero net debt. 
 
CEO Roger Woods said that all eight vessels in the fleet continued with stable fixed rate employment. &ldquo We are pleased to have disposed of the oldest vessel in our fleet at a
satisfactory level,&rdquo says Woods. 
 
The Trust&rsquo s chairman of the board of directors Stathis Topouzoglou said that they are focused on identifying new projects with the cost for both second hand and new vessels at firm levels although there are signs that prices might soften.