The manager of First Ship Lease Trust (FSL Trust) has successfully sold FSL Osaka to an unaffiliated third party on March 23.

The sale realised unaudited net sale proceeds of US$10.7 million ($14.4 million), which will go towards FSL’s general corporate purposes.

SEE:FSL Trust to sell product tanker

FSL Trust first announced the disposal on March 2.

Shares in FSL Trust closed flat at 8.5 cents on March 23.

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See: FSL Trust to sell product tanker