Global Ship Lease

Global Ship Lease, Inc. is a holding company, which owns and charters out containerships under long-term and fixed rate charters to container shipping companies. It also focuses on the operation and technical management of each vessel, such as crewing, provision of lubricating oils, maintaining the vessel, periodic dry docking, and performing work required by regulations. The company was founded on May 3, 2007 and is headquartered in London, the United Kingdom.

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Global Ship Lease (GSL) reports strong Q4 performance and growth strategies

Global Ship Lease (GSL) demonstrates financial strength and strategic positioning through secured contracts, diversified charterer base, and disciplined acquisitions.
While facing industry challenges and operational uncertainties, GSL aims to leverage opportunities in a market with decreasing asset values and a focus on sustainability.
The company's balance of deleveraging efforts, cash-building trajectory, and potential shareholder returns reflect a prudent approach to financial management.
GSL's commitment to financial resilience, market resilience, and sustainability initiatives underpin its strategic direction and growth prospects.

Global Ship Lease reports robust Q1 earnings and growth outlook

Global Ship Lease (GSL) delivered strong financial performance, expanded its fleet, and expressed optimism for industry growth.
Despite challenges like rising fuel costs and market competition, GSL's strategic focus on sustainability and financial management positions it well for future opportunities.
Investors can look forward to GSL's continued growth trajectory, with a clear commitment to sustainability and strategic expansion in the container shipping sector.

Global Ship Lease (GSL) reports robust Q2 earnings amidst market uncertainties

Global Ship Lease (GSL) demonstrated strong financial performance and strategic capital allocation in Q2 2023.
Despite market uncertainties, GSL's low idle capacity and manageable order book-to-fleet ratio provide operational resilience.
The company's focus on liquidity, disciplined acquisitions, and maintaining a strong balance sheet position GSL for sustainable growth.

Global Ship Lease (GSL) reports robust Q3 performance and strategic growth outlook

Global Ship Lease (GSL) showcased resilience amidst market challenges, emphasizing financial strength, strategic investments, and commitment to sustainability. The company's focus on disciplined capital allocation and operational efficiency positions them well for future growth and value creation.

Global Ship Lease (GSL) strengthens balance sheet amidst market uncertainties

Global Ship Lease (GSL) navigated market uncertainties in Q4 2023 by focusing on fortifying its balance sheet, maintaining dividends, and pursuing strategic investments. The company reported improved financial performance, highlighted its diversified charter base, and emphasized a proactive approach to capital allocation and debt reduction.

Global Ship Lease (GSL) reports strong Q1 earnings and strategic growth focus

Global Ship Lease (GSL) delivered a robust performance in Q1 2024, driven by positive earnings momentum and strategic financial initiatives. The company's focus on deleveraging, disciplined capital allocation, and sustainable dividends positions them well for future growth and acquisition opportunities. Challenges in managing revenues and debt, along with market dynamics, require careful attention and strategic planning.

Global Ship Lease (GSL) boosts dividend by 20% amid strong market conditions

Global Ship Lease (GSL) navigated through Q2 2024 with strong financial results, strategic dividend decisions, and a focus on financial stability. Despite industry challenges, GSL remains optimistic about market conditions and revenue growth. The company's proactive approach towards deleveraging and investment exploration positions them well for future opportunities and sustained growth.

Global Ship Lease (GSL) reports robust Q3 performance and outlook

Global Ship Lease (GSL) showcased strong financial performance and strategic focus on fleet renewal and shareholder value creation.
While facing market challenges and uncertainties, GSL's robust financial standing and positive momentum position it well for future growth.
Opportunities lie in capitalizing on charter market strength, sustainability initiatives, and strategic partnerships to drive continued success.

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The recent surge in analyst coverage for stocks such as GigaCloud (GCT) and Global Ship Lease (GSL) indicates the potential for significant price appreciation in the near term.

2 Stocks in Focus As New Analysts Initiate Coverage

ATHENS, Greece, June 17, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2024 Annual Meeting of Shareholders was duly held on June 17, 2024, in Athens, Greece (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, Yoram Neugeborn, Ulrike Helfer and Alain Pitner, to serve until the Company's 2027 Annual Meeting of Shareholders and until such time as his successor has been duly elected and qualified, and (ii) ratified the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2024.

Global Ship Lease Announces Results of 2024 Annual Meeting of Shareholders

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Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders Increased dividend payments reflect material outperformance of containership charter markets ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, today announced the introduction of a quarterly supplemental dividend to common shareholders. Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations.

Global Ship Lease Announces Introduction of Quarterly Supplemental Dividend for Common Shareholders

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Global Ship Lease, Inc. (NYSE:GSL ) Q1 2024 Results Conference Call May 16, 2024 10:30 AM ET Company Participants Tom Lister - Chief Executive Officer George Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Chris Robertson - Deutsche Bank Liam Burke - B. Riley Securities Ward Blum - UBS Operator Thank you for standing by.

Global Ship Lease, Inc. (GSL) Q1 2024 Earnings Call Transcript

Global Ship Lease (GSL) came out with quarterly earnings of $2.53 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.12 per share a year ago.

Global Ship Lease (GSL) Tops Q1 Earnings and Revenue Estimates

Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition successful & Chief Compliance Officer appointed Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition successful & Chief Compliance Officer appointed

Global Ship Lease Reports Results for the First Quarter of 2024

ATHENS, Greece, May 10, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a dividend of $0.375 per Class A common share for the first quarter of 2024, to be paid on June 3, 2024 to shareholders of record as of May 24, 2024.

Global Ship Lease Declares Quarterly Dividend per Common Share for First Quarter of 2024

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ATHENS, Greece, May 07, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the first quarter 2024 on Thursday, May 16, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2024 on Thursday, May 16, 2024, before the open of market trading.

Global Ship Lease Announces First Quarter 2024 Earnings Release, Conference Call and Webcast

ATHENS, Greece, May 03, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) has scheduled its Annual Meeting of Shareholders for June 17, 2024, at 10:00 a.m. Eastern Time (the “Annual Meeting”). The record date for determining shareholders entitled to participate at the Annual Meeting is April 18, 2024. The business of the Annual Meeting is to elect three Term I Directors to serve until the 2027 Annual Meeting of Shareholders and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Annual Meeting documentation and instructions for voting were mailed to all shareholders of record on or about May 3, 2024, and will be furnished to the U.S. Securities and Exchange Commission (the “Commission”) and available on the Commission's website at www.sec.gov.

Global Ship Lease Announces Annual Meeting of Shareholders

Global Ship Lease (GSL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Global Ship Lease (GSL) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Global Ship Lease (GSL) reachead $20.30 at the closing of the latest trading day, reflecting a +0.5% change compared to its last close.

Global Ship Lease (GSL) Beats Stock Market Upswing: What Investors Need to Know

Zacks.com users have recently been watching Global Ship Lease (GSL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Global Ship Lease, Inc. (GSL) Is a Trending Stock: Facts to Know Before Betting on It

Global Ship Lease, a containership lessor with a fleet of 68 intermediate-sized ships, recently reported better-than-expected earnings and continued its 12-quarter streak of dividends. Its long contract backlog with staggered expirations provides some shielding against market fluctuations. As of 2023, Global's fleet is, on average, more than 17 years old. Global will need to renew its fleet, as it will soon have scrapping candidates.

Global Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A Concern

In the closing of the recent trading day, Global Ship Lease (GSL) stood at $19.77, denoting a -1.25% change from the preceding trading day.

Why Global Ship Lease (GSL) Dipped More Than Broader Market Today

Global Ship Lease (GSL) closed at $20.02 in the latest trading session, marking a +1.73% move from the prior day.

Global Ship Lease (GSL) Surpasses Market Returns: Some Facts Worth Knowing

ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").

Global Ship Lease Files its Annual Report for 2023 on Form 20-F

In the most recent trading session, Global Ship Lease (GSL) closed at $19.95, indicating a +0.5% shift from the previous trading day.

Global Ship Lease (GSL) Increases Despite Market Slip: Here's What You Need to Know

Global Ship Lease (GSL) concluded the recent trading session at $19.85, signifying a -1.93% move from its prior day's close.

Here's Why Global Ship Lease (GSL) Fell More Than Broader Market

Global Ship Lease (GSL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Global Ship Lease, Inc. (GSL): Here is What You Need to Know

Global Ship Lease has a fleet of 68 containerships and is benefiting from surging charter rates in the Red Sea region. The company's financial results show strong profitability and a robust net income performance. The preferred shares of Global Ship Lease are no longer attractive due to the risk of being called and resulting in a capital loss.

Global Ship Lease: Time To Sell The Preferreds (And Buy The Common Shares)

Global Ship Lease, Inc. (NYSE:GSL ) Q4 2023 Earnings Conference Call March 4, 2024 10:00 AM ET Company Participants Ian Webber - Chief Executive Officer George Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Tom Lister - Chief Commercial Officer Conference Call Participants Liam Burke - B. Riley Securities Chris Robertson - Deutsche Bank Operator Hello and thank you for standing by.

Global Ship Lease, Inc. (GSL) Q4 2023 Earnings Call Transcript

Contracted revenue of $1.72 billion, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities Contracted revenue of $1.72 billion, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities

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