Global Ship Lease Inc New Class A
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Global Ship Lease Inc. provides containerized vessel chartering services to major container liner companies worldwide. Headquartered in London, United Kingdom, the company operates a fleet of mid-sized and smaller containerships through long-term, fixed-rate charters with established customers including CMA CGM, MSC, Hapag-Lloyd, and other leading shipping lines. As of recent reporting, GSL owns and operates approximately 68 containerships with a total capacity of over 380,000 twenty-foot equivalent units (TEU), with vessel sizes ranging from 2,000 to 11,000 TEU. The company's business model centers on providing predictable cash flows through multi-year charter agreements that typically range from three to twelve years, insulating it from short-term volatility in container shipping spot rates. GSL has actively expanded its fleet through strategic acquisitions, including the 2021 purchase of 12 vessels from Poseidon Containers and the acquisition of 5 vessels in 2022. The company focuses on fuel-efficient, eco-design vessels that meet increasingly stringent environmental regulations. GSL is incorporated in the Marshall Islands and trades on the New York Stock Exchange. The company's chartered fleet serves global trade routes, with vessels deployed across major shipping lanes connecting Asia, Europe, and the Americas, providing essential infrastructure to the international containerized cargo supply chain.