Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
First Ship Lease Trust or FSL is a Singapore-based firm engaged in the shipping business. The company operates a portfolio of approximately 20 ocean-going vessels comprising container ships and a variety of tankers. It holds vessels acquired through special purpose companies, on trust for unitholders of FSL Trust. Bareboat charter lease income relates to lease income derived from operating leases which accounts for the majority of its revenues through its operations in Europe and Asia.
Singapore, 038989, Singapore