Global Ship Lease(US:GSL) Globenewswireยท2025-03-18 20:15Company Overview - Global Ship Lease, Inc. is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships [3] - The company commenced operations in December 2007 and was listed on the New York Stock Exchange in August 2008 [3] Fleet and Operations - As of December 31, 2024, the company had a fleet of 71 vessels with an average age weighted by TEU capacity of 17.6 years [4] - The company agreed to purchase newly acquired vessels, with three delivered in December 2024 and one in January 2025 [4] - The company sold an older vessel, Tasman, with expected delivery in late March 2025, and two more vessels, Akiteta and Keta, with deliveries in February and March 2025 respectively [4] Charter Agreements and Revenue - The average remaining term of the company's charters, on a TEU-weighted basis, was 2.3 years as of December 31, 2024 [5] - Contracted revenue on a TEU-weighted basis was $1.88 billion, while total contracted revenue, including options under charterers' control, was $2.37 billion, representing a weighted average remaining term of 2.9 years [5]