Global Ship Lease to Buy 3 Containerships for $90 Million

MT Newswires Live12-01

Global Ship Lease (GSL) said Monday it agreed to buy three 8,600-twenty-foot equivalent unit, or TEU, containerships for a total price of $90 million.

The company said the vessels come with existing charters that could generate $88 million if they run to their mid-2030 full terms.

Global Ship Lease estimated the ships would have a combined scrap value of about $40 million at a scrap price of $400 per lightweight-tonnage, or LWT.

The company said the vessels are expected to be delivered near the end of the year and plans to use cash on hand at closing, with potential financing added later.

Global Ship Lease said the acquisition will increase its fleet to 71 ships with a capacity of 422,567 TEU.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588773114?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-01 22:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588773114","market":"hk","top_or_hot":-1,"title":"Global Ship Lease to Buy 3 Containerships for $90 Million","media":"MT Newswires Live","content":"<html><body><p> Global Ship Lease (GSL) said Monday it agreed to buy three 8,600-twenty-foot equivalent unit, or TEU, containerships for a total price of $90 million.</p><p>The company said the vessels come with existing charters that could generate $88 million if they run to their mid-2030 full terms.</p><p>Global Ship Lease estimated the ships would have a combined scrap value of about $40 million at a scrap price of $400 per lightweight-tonnage, or LWT.</p><p>The company said the vessels are expected to be delivered near the end of the year and plans to use cash on hand at closing, with potential financing added later.</p><p>Global Ship Lease said the acquisition will increase its fleet to 71 ships with a capacity of 422,567 TEU.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Ship Lease to Buy 3 Containerships for $90 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Ship Lease to Buy 3 Containerships for $90 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-01 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Global Ship Lease (GSL) said Monday it agreed to buy three 8,600-twenty-foot equivalent unit, or TEU, containerships for a total price of $90 million.</p><p>The company said the vessels come with existing charters that could generate $88 million if they run to their mid-2030 full terms.</p><p>Global Ship Lease estimated the ships would have a combined scrap value of about $40 million at a scrap price of $400 per lightweight-tonnage, or LWT.</p><p>The company said the vessels are expected to be delivered near the end of the year and plans to use cash on hand at closing, with potential financing added later.</p><p>Global Ship Lease said the acquisition will increase its fleet to 71 ships with a capacity of 422,567 TEU.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GSL.AU","symbol_name":"Dyesol","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2588773114","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588773114","pubTimestamp":1764597999,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Global Ship Lease  said Monday it agreed to buy three 8,600-twenty-foot equivalent unit, or TEU, containerships for a total price of $90 million.The company said the vessels come with existing charters that could generate $88 million if they run to their mid-2030 full terms.Global Ship Lease estimated the ships would have a combined scrap value of about $40 million at a scrap price of $400 per lightweight-tonnage, or LWT.The company said the vessels are expected to be delivered near the end of the year and plans to use cash on hand at closing, with potential financing added later.Global Ship Lease said the acquisition will increase its fleet to 71 ships with a capacity of 422,567 TEU.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GSL.AU":"Dyesol","BK4021":"海运","GSL":"环球租船"},"translate_title":"Global Ship Lease将以9000万美元购买3艘集装箱船","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GSL.AU":1,"GSL":1},"content_text":"Global Ship Lease (GSL) said Monday it agreed to buy three 8,600-twenty-foot equivalent unit, or TEU, containerships for a total price of $90 million.The company said the vessels come with existing charters that could generate $88 million if they run to their mid-2030 full terms.Global Ship Lease estimated the ships would have a combined scrap value of about $40 million at a scrap price of $400 per lightweight-tonnage, or LWT.The company said the vessels are expected to be delivered near the end of the year and plans to use cash on hand at closing, with potential financing added later.Global Ship Lease said the acquisition will increase its fleet to 71 ships with a capacity of 422,567 TEU.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588773114","isCrawlerRequest":true}