The 115,000-dwt FSL Hong Kong (built 2007) has entered a two-year contract with a US oil company.

FSL expects to generate revenue of $16.8m over the ship’s 24 months of work, which suggests a daily rate close to $23,000.

According to the company, this represents an increase of 47% on the rate at which its other crude oil tanker – the 116,000-dwt FSL Shanghai (built 2007) - was contracted for one year by US oil company Tesoro last June.

FSL