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. The firm is focused on mid-size Post-Panamax and smaller containerships which tend to serve the non-Mainlane and intra-regional trades. The firm takes a partnership approach with its customers, providing flexible chartering solutions which enable them to free up capital and management resources to focus on other strategic priorities. As a containership owner, its business is both pro-cyclical - with chartered tonnage used as a growth platform by liner shipping companies, and counter-cyclical - with sale and lease-back structures used by liner companies as a balance sheet management tool. The firm's fleet of 69 vessels has an average age weighted by TEU capacity of 17.5 years. 39 ships are wide-beam Post-Panamax. Its vessels include CMA CGM Thalassa, Zim Norfolk, Zim Xiamen, Anthea Y, Sydney Express, Istanbul Express, GSL Effie and Newyorker.
Follow-Up Questions
What is Global Ship Lease Inc (GSL.PRB)'s P/E Ratio?
The P/E ratio of Global Ship Lease Inc is 3.2679
What is the price performance of GSL.PRB stock?
The current price of GSL.PRB is $27.25, it has increased 0.27% in the last trading day.
What are the primary business themes or industries for Global Ship Lease Inc?
Global Ship Lease Inc belongs to Marine industry and the sector is Industrials
What is Global Ship Lease Inc market cap?
Global Ship Lease Inc's current market cap is $970.3M
Is Global Ship Lease Inc a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for Global Ship Lease Inc, including 2 strong buy, 3 buy, 3 hold, 0 sell, and 2 strong sell
