Alan Hatton took the chief executive’s seat at First Ship Lease (FSL) Trust with the company in turmoil. A series of charter defaults for the lease-finance specialist had seen it join some of its former clients in distress and in control of tonnage it had never intended to operate.
Pressure had built up and disagreements over strategy had seen the trust’s former chief executive, Philip Clausius, and chief financial officer, Cheong Chee Tham, quit.
Others
