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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Earnings data Q4 2024

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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Here is how Global Ship Lease (GSL) and Ryder (R) have performed compared to their sector so far this year.

Is Global Ship Lease (GSL) Outperforming Other Transportation Stocks This Year?

With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you might think nobody would be chartering more ships. In fact, the container-ship charter market is far from dead.

Container lines still chartering ships despite drop in cargo demand

Global Ship Lease, Inc. (NYSE:GSL ) Q4 2022 Earnings Conference Call March 1, 2023 10:30 AM ET Company Participants Ian Webber - CEO Georgios Youroukos - Executive Chairman Anastasios Psaropoulos - CFO & Treasurer Thomas Lister - Chief Commercial Officer Conference Call Participants Christopher Robertson - Deutsche Bank Liam Burke - B. Riley Securities Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Good morning, and welcome to the Global Ship Lease Q4 2022 Earnings Conference Call.

Global Ship Lease, Inc. (GSL) Q4 2022 Earnings Call Transcript

Global Ship Lease (GSL) delivered earnings and revenue surprises of 14.44% and 8.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Global Ship Lease (GSL) Q4 Earnings and Revenues Top Estimates

Significant contract cover, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per Common Share Significant contract cover, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per Common Share

Global Ship Lease Reports Results for the Fourth Quarter of 2022

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 Next Week's Release

LONDON, Feb. 21, 2023 (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 fourth quarter and full year 2022 on Wednesday, March 1, 2023 at 10:30 a.m. Eastern Time. The Company will issue financial results for the fourth quarter and full year 2022, on Wednesday, March 1, 2023, before the open of market trading.

Global Ship Lease Announces Fourth Quarter and Full Year 2022 Earnings Release, Conference Call and Webcast

LONDON, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company's Board of Directors has declared a dividend of $0.375 per Class A common share for the fourth quarter of 2022, to be paid on March 6, 2023 to shareholders of record as of February 22, 2023.

Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2022

LONDON, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) announced that today its 2022 Annual Meeting of Shareholders was reconvened for a second time (the “Meeting”) for the sole purpose of voting on one outstanding proposal - to approve the adoption of an amendment to the Company's Amended and Restated Articles of Incorporation establishing a quorum for all meetings of shareholders of the Company of one-third (1/3) of the shares, present either in person or by proxy, issued and outstanding and entitled to vote at such meetings (“Proposal Three”). Although Proposal Three was supported by approximately 89% of the Class A common shares voted, it did not achieve the requisite affirmative vote of the holders of at least a majority of the Class A common shares outstanding, and accordingly, Proposal Three was not approved. The Meeting has not been further adjourned.

Global Ship Lease Announces Result of Reconvened Shareholder Meeting

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Global Ship Lease provides long-term, fixed-rate shipping services to liner companies through charter agreements. Despite the bleak economic forecast, savvy investors seized the opportunity and bought the dips in GSL recently.

Global Ship Lease: A Beacon Of Hope In Stormy Seas

GSL yields 8.4% with a very conservative 18% payout ratio. Its trailing and forward P/Es are much lower than industry averages.

Global Ship Lease: Undervalued, Well-Covered 8% Yield, Long-Term Charters

The Company to Reconvene the 2022 Annual Meeting on February 2, 2023 for Shareholders to Act on One Outstanding Proposal The Company to Reconvene the 2022 Annual Meeting on February 2, 2023 for Shareholders to Act on One Outstanding Proposal

Global Ship Lease Announces Further Adjourned 2022 Annual Meeting of Shareholders

Global Ship Lease is a quality container ship company with high visibility into near-term profits. Existing contracts make it very likely that 2023 and 2024 will be two strong years earnings-wise.

Global Ship Lease: This Massive 9% Yield Is A Buy

The Company to Reconvene the 2022 Annual Meeting on January 5, 2023 for Shareholders to Act on One Outstanding Proposal The Company to Reconvene the 2022 Annual Meeting on January 5, 2023 for Shareholders to Act on One Outstanding Proposal

Global Ship Lease Announces Results of 2022 Annual Meeting of Shareholders

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Danaos Or Global Ship Lease? A Look At Key Factors

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Global Ship Lease, Inc. (NYSE:GSL ) Q3 2022 Earnings Conference Call November 9, 2022 10:30 AM ET Company Participants Ian Webber - CEO Georgios Youroukos - Executive Chairman Anastasios Psaropoulos - CFO & Treasurer Thomas Lister - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Liam Burke - B. Riley Securities Frode Morkedal - Clarksons Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the Global Ship Lease Q3 2022 Earnings Conference Call.

Global Ship Lease, Inc. (GSL) Q3 2022 Earnings Call Transcript

Global Ship Lease (GSL) delivered earnings and revenue surprises of 33.71% and 17.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Global Ship Lease (GSL) Tops Q3 Earnings and Revenue Estimates

Declares Dividend of $0.375 per Common Share Declares Dividend of $0.375 per Common Share

Global Ship Lease Reports Results for the Third Quarter of 2022

Global Ship Lease's (GSL) bottom-ine performance in third-quarter 2022 is likely to have been dented by high fuel costs.

What's in Store for Global Ship Lease (GSL) in Q3 Earnings?

LONDON, Oct. 31, 2022 (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 third quarter 2022 on Wednesday, November 9, 2022 at 10:30 a.m. Eastern Time. The Company will issue financial results for the third quarter that ended on September 30, 2022, on Wednesday, November 9, 2022, before the open of market trading.

Global Ship Lease Announces Third Quarter 2022 Earnings Release, Conference Call and Webcast

GSL yields 8.70%. It's selling at a 24% discount to book value.

Global Ship Lease: 9% Yield, Strong Earnings, Undervalued

Shipping investors have bailed out rapidly as the market wiped out their gains for 2022. We believe the de-rating is justified to reflect near-term macroeconomic headwinds. Therefore, investors need to ask whether these headwinds have been reflected in Global Ship Lease's valuation, as it remains nearly 45% below its 2022 highs.

Global Ship Lease: Pummeled By Recession Fears For Strong Buyers To Accumulate

LONDON, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) today announced that its adjourned Annual Meeting of Shareholders was convened on October 7, 2022, but failed to reach the requisite quorum.

News for Global Ship Lease Stock (GSL)