Global Ship Lease: Very Undervalued, 7% Yield, Low Leverage

SHanscheLooking for income from marine shipping? Spot rates go up, rates go down, but some shipping companies lock in long-term fixed charter rates, which gives income investors more visibility into future dividends. Global Ship Lease (NYSE:GSL) is one of those companies. It had ~2 years of contract cover for its fleet, worth $1.8B, as of 9/30/24. Company Profile:    GSL is a container ship owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. The Compan ...