First Ship Leasing Trust has sold the 2005-built Clyde Fisher, the oldest and largest vessel in its fleet, following the end of a long-term charter with James Fisher. This marks the second vessel sale for the company, with the previous sale being the Cumbrian Fisher in December 2021. FSL will now have six tankers on bareboat deals with James Fisher Everard, ranging from 2006 to 2008 builds.
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Navigating the capital winter: Strategies for successful fundraising in a slow market
A panel event in Jakarta discussed the current fundraising winter in the tech industry, highlighting challenges faced by startups in Southeast Asia due to slashed valuations and market conditions. VC investors are now more patient and focused on profitability, emphasizing balanced growth and solid fundamentals. Founders are advised to cut burn, focus on their best product-market fit, and prioritize survival over market share in the tough capital market, thinking like a camel rather than a...
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