Global Ship Lease

Global Ship Lease, Inc. is a holding company, which owns and charters out containerships under long-term and fixed rate charters to container shipping companies. It also focuses on the operation and technical management of each vessel, such as crewing, provision of lubricating oils, maintaining the vessel, periodic dry docking, and performing work required by regulations. The company was founded on May 3, 2007 and is headquartered in London, the United Kingdom.

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Earnings data Q4 2024

Global Ship Lease (GSL) reports strong Q4 performance and growth strategies

Global Ship Lease (GSL) demonstrates financial strength and strategic positioning through secured contracts, diversified charterer base, and disciplined acquisitions.
While facing industry challenges and operational uncertainties, GSL aims to leverage opportunities in a market with decreasing asset values and a focus on sustainability.
The company's balance of deleveraging efforts, cash-building trajectory, and potential shareholder returns reflect a prudent approach to financial management.
GSL's commitment to financial resilience, market resilience, and sustainability initiatives underpin its strategic direction and growth prospects.

Global Ship Lease reports robust Q1 earnings and growth outlook

Global Ship Lease (GSL) delivered strong financial performance, expanded its fleet, and expressed optimism for industry growth.
Despite challenges like rising fuel costs and market competition, GSL's strategic focus on sustainability and financial management positions it well for future opportunities.
Investors can look forward to GSL's continued growth trajectory, with a clear commitment to sustainability and strategic expansion in the container shipping sector.

Global Ship Lease (GSL) reports robust Q2 earnings amidst market uncertainties

Global Ship Lease (GSL) demonstrated strong financial performance and strategic capital allocation in Q2 2023.
Despite market uncertainties, GSL's low idle capacity and manageable order book-to-fleet ratio provide operational resilience.
The company's focus on liquidity, disciplined acquisitions, and maintaining a strong balance sheet position GSL for sustainable growth.

Global Ship Lease (GSL) reports robust Q3 performance and strategic growth outlook

Global Ship Lease (GSL) showcased resilience amidst market challenges, emphasizing financial strength, strategic investments, and commitment to sustainability. The company's focus on disciplined capital allocation and operational efficiency positions them well for future growth and value creation.

Global Ship Lease (GSL) strengthens balance sheet amidst market uncertainties

Global Ship Lease (GSL) navigated market uncertainties in Q4 2023 by focusing on fortifying its balance sheet, maintaining dividends, and pursuing strategic investments. The company reported improved financial performance, highlighted its diversified charter base, and emphasized a proactive approach to capital allocation and debt reduction.

Global Ship Lease (GSL) reports strong Q1 earnings and strategic growth focus

Global Ship Lease (GSL) delivered a robust performance in Q1 2024, driven by positive earnings momentum and strategic financial initiatives. The company's focus on deleveraging, disciplined capital allocation, and sustainable dividends positions them well for future growth and acquisition opportunities. Challenges in managing revenues and debt, along with market dynamics, require careful attention and strategic planning.

Global Ship Lease (GSL) boosts dividend by 20% amid strong market conditions

Global Ship Lease (GSL) navigated through Q2 2024 with strong financial results, strategic dividend decisions, and a focus on financial stability. Despite industry challenges, GSL remains optimistic about market conditions and revenue growth. The company's proactive approach towards deleveraging and investment exploration positions them well for future opportunities and sustained growth.

Global Ship Lease (GSL) reports robust Q3 performance and outlook

Global Ship Lease (GSL) showcased strong financial performance and strategic focus on fleet renewal and shareholder value creation.
While facing market challenges and uncertainties, GSL's robust financial standing and positive momentum position it well for future growth.
Opportunities lie in capitalizing on charter market strength, sustainability initiatives, and strategic partnerships to drive continued success.

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The macro environment is the friendliest it has been to containerships in years.

Global Ship Lease: Sailing With The Wind At Their Backs

5,470 TEU containerships with best-in-class reefer capability to be employed on three-year charters with leading liner operator 5,470 TEU containerships with best-in-class reefer capability to be employed on three-year charters with leading liner operator

Global Ship Lease Announces Agreement to Acquire Four Ultra-High Reefer Containerships on Multi-Year Charters

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Global Ship Lease (GSL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Global Ship Lease (GSL) Soars to 52-Week High, Time to Cash Out?

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Top containership stocks have enjoyed a remarkable run since last fall; however, the stock prices have significantly lagged the surging underlying values and business transformations. Almost all of the major companies are now cheaper today than they were last year in terms of EV/EBITDA, P/NAV, and forward P/E.

Time To Load The Wagons With Containerships (Again)

Vessels averaging 3,000 TEU chartered to leading liner operators with significant near-term upside potential in strong charter market Vessels averaging 3,000 TEU chartered to leading liner operators with significant near-term upside potential in strong charter market

Global Ship Lease Announces Agreement to Acquire 12 Containerships

If you are looking for stocks that are well positioned to maintain their recent uptrend, Global Ship Lease (GSL) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Global Ship Lease (GSL) is on the Move, Here's Why the Trend Could be Sustainable

Global Ship Lease has been able to make the most out of the current COVID-induced market fluctuations.

Global Ship Lease: Showing Grace In The COVID Storm

Global Ship Lease: 8.7% Yielding 'B' Preferred Equity In A Booming Container Shipper

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Global Ship Lease's (GSL) CEO Ian Webber on Q1 2021 Results - Earnings Call Transcript

Shares of Global Ship Lease (NYSE:GSL) moved higher by 0.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 16.95% year over year to $0.49, which missed the estimate of $0.51.

Global Ship Lease: Q1 Earnings Insights

Declares Dividend of $0.25 per Common Share Declares Dividend of $0.25 per Common Share

Global Ship Lease Reports Results for the First Quarter of 2021

On Monday, May 10, Global Ship Lease (NYSE:GSL) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Preview: Global Ship Lease's Earnings

High container rates are likely to have aided Global Ship Lease's (GSL) Q1 performance.

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LONDON, April 30, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the first quarter 2021 on Monday, May 10, 2021 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter ended March 31, 2021 on Monday, May 10, 2021 before the open of market trading.

Global Ship Lease Announces First Quarter 2021 Earnings Release, Conference Call and Webcast

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Listed container-ship owners and operators won't report final Q1 results for another month, but three early disclosures give a taste of what's to come. The signals are flashing bright green.

Container shipping is about to report blockbuster Q1 earnings

LONDON, April 09, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today the pricing of the previously announced secondary offering by certain shareholders of the Company (the “Offering”) of shares of Class A common stock, par value $0.01 per share (the “Common Shares”). KEP VI (Newco Marine), Ltd. and KIA VIII (Newco Marine), Ltd., both affiliates of Kelso & Company, a U.S. private equity firm, and Maas Capital Investments B.V. (together, the “Selling Shareholders”) have agreed to sell an aggregate of 4.5 million Common Shares in the Offering at a public offering price of $12.50 per Common Share. The Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 675,000 Common Shares. The Company will not receive any proceeds from the sale of Common Shares by the Selling Shareholders.

Global Ship Lease Announces Pricing of Secondary Offering of its Class A Common Shares by Certain Shareholders

LONDON, April 08, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that KEP VI (Newco Marine), Ltd. and KIA VIII (Newco Marine), Ltd., both affiliates of Kelso & Company, a U.S. private equity firm (together, the “Selling Shareholders”), intend to offer for sale in an underwritten public offering (the “Offering”) Class A common shares, par value $0.01 per share, of the Company (the “Common Shares”). The Selling Shareholders expect to grant the underwriters a 30-day option to purchase up to an additional 15% of the Common Shares offered in the Offering. The Company will not receive any proceeds from the sale of Common Shares by the Selling Shareholders.

Global Ship Lease Announces Secondary Offering of its Class A Common Shares by Certain Shareholders

Freight rates in container shipping industry jumped significantly. Containership demand exceeds supply considerably.

Global Ship Lease: A Great Stock To Get Exposure In A Booming Industry

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