Global Ship Lease, Inc. ( NYSE:GSL ), might not be a large cap stock, but it received a lot of attention from a...
As the world tries to unsnarl tangled supply chains, shipping companies are playing a key role. Highly rated Global Ship Lease has been posting amazing growth numbers amid that shift. Last quarter, for example, it reported a 260% year-over-year increase in earnings per share on 111% higher revenue.
New multi-year charter for 8,600 TEU, 2004-built GSL Ningbo generating annualized EBITDA at approximately 3.1 times existing rateLONDON, May 17, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced a forward agreement of a 48-52 month charter for the 8,600 TEU, 2004-built GSL Ningbo. The charter under the new terms is scheduled to commence in July 2023, at a rate generating average annualized EBITDA of approximately $16.6 million, which is 3.1 times that u