Global Ship Lease(US:GSL) Globenewswireยท2025-05-05 20:15Core Viewpoint - Global Ship Lease, Inc. will hold a conference call on May 19, 2025, to discuss its first quarter 2025 financial results, which will be released before market trading begins on the same day [1]. Company Overview - Global Ship Lease is an independent owner of containerships, operating a diversified fleet of mid-sized and smaller vessels. The company was incorporated in the Marshall Islands and began operations in December 2007, focusing on owning and chartering containerships under fixed-rate charters to top-tier container liner companies. It was listed on the New York Stock Exchange in August 2008 [2]. Fleet Information - 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. The company has recently acquired new vessels, with three delivered in December 2024 and one in January 2025. Additionally, the company has sold older vessels, including Tasman, Akiteta, and Keta, with expected delivery dates in early 2025 [3]. Charter and Revenue Details - The average remaining term of the company's charters, weighted by TEU capacity, was 2.3 years as of December 31, 2024. The contracted revenue on this basis was $1.88 billion. Including options under charterers' control, the total contracted revenue was $2.37 billion, representing a weighted average remaining term of 2.9 years [4].