First Ship Lease Trust, a business trust, owns a fleet of vessels in various shipping sub-sectors in the Americas, Asia, Europe, and internationally. The company is involved in leasing and chartering vessels on a bareboat charter basis to the international shipping industry; and on short-term time charters or in pools. As of December 31, 2016, it had 22 vessels, including 12 product tankers, 5 containerships, 3 chemical tankers, and 2 crude oil tankers. The company was incorporated in 2007 and is based in Singapore.