Core Viewpoint - Global Ship Lease, Inc. has received stable credit ratings from leading agencies, reflecting its strong financial performance and strategic positioning in the containership industry [1][2][3]. Group 1: Credit Ratings - Moody's has maintained a Ba2 Corporate Family Rating with a stable outlook for Global Ship Lease [1] - S&P Global Ratings affirmed a long-term issuer credit rating of BB+ with a stable outlook [1] - Kroll Bond Rating Agency kept the corporate rating at BB+ and affirmed the BBB/stable investment grade rating for the company's 5.69% Senior Secured Notes due 2027 [1][2] Group 2: Financial Performance - The credit rating agencies highlighted the company's strong cash flow used for deleveraging and a disciplined low leverage strategy [2] - GSL has demonstrated revenue stability through attractive multi-year time charter agreements [2] - The company has shown resilience during industry disruptions, maintaining strong earnings and cash flow through market cycles [2] Group 3: Strategic Positioning - GSL's management team is experienced, and the company has a conservative chartering policy [2] - The focus on mid-sized and smaller containerships positions GSL in sub-segments less exposed to fleet growth, enhancing value through high-reefer capacity [2] - The average age of the fleet is 17.5 years, with 39 ships classified as wide-beam Post-Panamax as of March 31, 2025 [5] Group 4: Contracted Revenue - As of March 31, 2025, the average remaining term of the company's charters was 2.3 years on a TEU-weighted basis, with contracted revenue of $1.87 billion [6] - Including options under charterers' control, contracted revenue was $2.37 billion, representing a weighted average remaining term of 3.0 years [6]