Increases GSL’s asset base to over $1.2 billion on a charter-adjusted basis, brings latest generation new-design high reefer eco-widebeam vessels into the fleet and reduces average fleet age by three years
Doubles fleet size to 38 containerships in undersupplied mid-sized and smaller vessel segments
Reduces leverage, increases scale, and strengthens capabilities to execute growth strategy in attractive asset price environment
Global Ship Lease, Inc. (“GSL” or the “Company”), Poseidon Containers...
http://container-news.com/gsl-poseidon-containers-merger-deal/