First Ship Lease Trust ("FSL Trust" or the "Trust") is a Singapore-based business trust which owns a diversified fleet of well-maintained product tankers which are chartered to an international shipping company on fixed-rate period charters.

As at 31 December 2024, approx. 100% of the Trust's revenue were derived from fixed-rate period charters. The Trust has contracted and optional future revenue from fixed-rate period charters of US$ 10.7 million and US$ 5.8 million respectively. The fix-rate period charters provide the Trust with stable and predictable long-term cash flow.

FSL Trust is managed by FSL Trust Management Pte. Ltd. ("FSLTM" or the "Trustee-Manager"). The Trustee-Manager is responsible for safeguarding the interests of Unitholders and for FSL Trust's investment and financing strategies, asset acquisition and disposal policies, and the overall management of the Trust's portfolio. The Trustee-Manager aims to optimise the returns on the Trust's vessel portfolio by ensuring that the vessels are well run, managing the various risks and opportunities of the Trust and improving cash flow generation for the Unitholders of the Trust.

FSL Trust (D8DU) is listed on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST).