First Ship Lease Trust (the Trust) is a Singapore-based business trust, which owns a diversified fleet of product tankers. The Trust's vessel portfolio consists of approximately eight tankers of different sizes which are chartered to an international shipping company on fixed-rate period charters. The Trust's vessel portfolio includes product tankers. Its product tankers include Cumbrian Fisher, Clyde Fisher, Shannon Fisher, Solway Fisher, Speciality, Seniority, Superiority and Pelican Fisher. The Trust's manager is FSL Trust Management Pte. Ltd.