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i wonder what the recharter rate would have been for like 6 years? I understand why they just did 8 months though.
Thanks for the post.It seems rather disappointing that we have to buy back our preferred stock in order to let these vessels at these rates.I could be wrong, but I don't see how retiring our equity will help with the LTV tests. Seems like GSL is putting CMA CGM first in line and us last in line, as usual.Am I wrong?
Anyone know what the existing day rates for those ships are?