New York-listed containership owner and lessor Global Ship Lease has expanded its fleet in a $90 deal for three 8,600 TEU containerships.
The company has agreed to acquire three 2010/2011 Korean-built
New York-listed containership owner and lessor Global Ship Lease has expanded its fleet in a $90 deal for three 8,600 TEU containerships.
The company has agreed to acquire three 2010/2011 Korean-built vessels with ECO upgrades.
The newly acquired vessels have attached charters with a “leading liner company.” The charters are at below-market rates and have flexible durations, Global Ship Lease said, with latest redeliveries in mid-2030.
If the charters run to their full terms, Global Ship Lease said it expects them to generate aggregate revenues of around $88m; and at a through-cycle scrap price of $400 per LWT, the ships would have a combined scrap value of approximately $40m.
With these additions, the company’s fleet will comprise 71 vessels with a total capacity of 422,567 TEU.
The vessels are expected to be delivered around year-end 2025. Global Ship Lease said it plans to fund the acquisition initially with cash on
Content Original Link:
Read full article from Original Source TELEGRAPH HELLENIC SHIPPING
" target="_blank">Read full article from Original Source TELEGRAPH HELLENIC SHIPPING
