NYSE:GSLShipping
Did GSL's $917 Million Charter-Backed Newbuild Bet Just Shift Its Investment Narrative?
Global Ship Lease recently announced that its Board declared a cash dividend of $0.546875 per Series B preferred depositary share for the April–June 2026 period, while also agreeing contracts for 10 new mid-size, ultra-high-reefer, wide-beam containerships with an aggregate purchase price of about US$917 million and deliveries from late 2028 to early 2030.
Because these newbuilds are already backed by multi-year charters expected to contribute about US$665 million in aggregate Adjusted...