Global Ship Lease

Global Ship Lease announces new charter

Global Ship Lease, Inc. (the “Company”), a containership charter owner, on Nov. 13 announced a new time charter with ANL, a wholly owned subsidiary of CMA CGM, for the 2003-built, 2,207 TEU containership GSL Keta (formerly Delmas Keta). The new charter, commencing on or around November 20, 2018, is for a period of between seven and 10 months (at charterer’s option) at a rate of $8,450 per day, up from $7,800 per day under the preceding charter.

The Company has also exercised options to extend...

http://container-news.com/global-ship-lease-new-charter/

GSL and Poseidon Containers announce merger deal

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/

Shipowners Global Ship Lease and Poseidon Containers to merge

Non-operating shipowners Global Ship Lease and Poseidon Containers are to merge in a deal worth some $780m.
The deal will create a company with a fleet of 38 vessels, capacity of 198,793 teu and contracted revenue of $528m.
The deal will see privately owned Poseidon Containers take a 70% stake in GSL and its major shareholder, CMA CGM, retain a minority stake.
It brings to an end GSL’s search for a merger partner after revealing it would undertake …

The post Shipowners Global Ship Lease and...

https://theloadstar.co.uk/shipowners-global-ship-lease-poseidon-containers-merge/

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