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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Global Ship Lease, Inc.'s Q1 results were strong, showcasing its highly predictable charter backlog. Capital allocation appears excellent, featuring a nice blend of deleveraging, capital returns, and accretive acquisitions.

Global Ship Lease: 8.1% Yield, Notable Buybacks, Discounted Valuation, Still Bullish

Global Ship Lease, Inc. (NYSE:GSL ) Q1 2023 Earnings Conference Call May 10, 2023 10:30 AM ET Company Participants Ian Webber - CEO Georgios Youroukos - Executive Chairman Anastasios Psaropoulos - CFO & Treasurer Thomas Lister - Chief Commercial Officer & Head, ESG Conference Call Participants Liam Burke - B. Riley Securities Omar Nokta - Jefferies Christopher Robertson - Deutsche Bank Operator Good day, and welcome to Global Ship Lease Q1 2023 Earnings Call.

Global Ship Lease, Inc. (GSL) Q1 2023 Earnings Call Transcript

Global Ship Lease (GSL) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.91 per share a year ago.

Global Ship Lease (GSL) Beats Q1 Earnings and Revenue Estimates

Value-focused growth adds to significant contract cover, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share Value-focused growth adds to significant contract cover, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share

Global Ship Lease Reports Results for the First Quarter of 2023

LONDON, May 08, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) a leading independent owner of containerships, announced today that it has agreed to purchase and charter back four 8,500 TEU Post-Panamax containerships with an average age of approximately 20 years for an aggregate purchase price of $123.3 million. The charters are to a leading liner operator for a minimum firm period of 24 months each, followed by a 12-month extension at the charterer's option. The vessels are expected to generate aggregate Adjusted EBITDA of approximately $76.6 million over the minimum firm period, implying an attractive average Purchase Price / Annual Adjusted EBITDA multiple of approximately 3.2x. If all options are exercised, the vessels are expected to generate approximately $95.3 million of aggregate Adjusted EBITDA. With these additions, the Company's fleet will comprise 68 vessels with a total capacity of 375,406 TEU.

Global Ship Lease Announces Agreement to Acquire Four Post-Panamax Containerships on Multi-Year Charters

Global Ship Lease (GSL) first-quarter 2023 revenues are likely to have declined year over year.

What's in Store for Global Ship Lease (GSL) in Q1 Earnings?

LONDON, May 01, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the first quarter 2023 on Wednesday, May 10, 2023 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2023, on Wednesday, May 10, 2023, before the open of market trading.

Global Ship Lease Announces First Quarter 2023 Earnings Release, Conference Call and Webcast

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Is Global Ship Lease (GSL) Stock Outpacing Its Transportation Peers This Year?

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Container shipping has been very volatile of late. Individual lessors can offer significant value still.

Global Ship Lease: Solid Buy

GSL yields 8.15%, with a conservative 19% dividend payout ratio. Its trailing and forward P/Es are much lower than industry averages.

Global Ship Lease: 8% Yield, Undervalued, 93% Chartered For 2023

Global Ship Lease (GSL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Global Ship Lease (GSL) Upgraded to Strong Buy: What Does It Mean for the Stock?

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Global Ship Lease (GSL) possesses solid growth attributes, which could help it handily outperform the market.

Is Global Ship Lease (GSL) a Solid Growth Stock? 3 Reasons to Think "Yes"

LONDON, March 23, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F for the year ended December 31, 2022 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").

Global Ship Lease Files its Annual Report for 2022 on Form 20-F

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Danaos has significantly underperformed GSL. Danaos beats GSL on all fundamental metrics.

Danaos Vs. Global Ship Lease, 20% Potential With Pair Trade

Global Ship Lease (GSL) could produce exceptional returns because of its solid growth attributes.

Global Ship Lease (GSL) is an Incredible Growth Stock: 3 Reasons Why

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GSL, MBGAF and SIGI made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 10, 2023.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Global Ship Lease (GSL) Stock?

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Is Global Ship Lease (GSL) Outperforming Other Transportation Stocks This Year?

With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you might think nobody would be chartering more ships. In fact, the container-ship charter market is far from dead.

Container lines still chartering ships despite drop in cargo demand

Global Ship Lease, Inc. (NYSE:GSL ) Q4 2022 Earnings Conference Call March 1, 2023 10:30 AM ET Company Participants Ian Webber - CEO Georgios Youroukos - Executive Chairman Anastasios Psaropoulos - CFO & Treasurer Thomas Lister - Chief Commercial Officer Conference Call Participants Christopher Robertson - Deutsche Bank Liam Burke - B. Riley Securities Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Good morning, and welcome to the Global Ship Lease Q4 2022 Earnings Conference Call.

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