Independent journal on economy and transport policy
12:27 GMT+1
This page has been automatically translated by Original news
Decrease of the economic results of Global Ship Lease on whose hung the devaluation of ships of the fleet
exercise 2016 has been archived item with a net loss of -28,9 million dollars
March 8, 2017
The Global American Ship Lease (GSL), that she has a fleet of 18 portacontenitori ships of ability comprised between 2.200 and 11.000 teu of which 15 rented to the French company CMA CGM and three to the Orient Overseas Container Linens (OOCL) of Hong Kong, has closed the 2016 with a net loss of -65,1 million dollars respect to a net loss of -28,9 million dollars in the exercise anniversary precedence. Turned out Sul of the 2016 weighs burdens for reduction of the value of the ships of the fleet pairs to -92,4 million dollars respect to analogous burdens for -44,7 million dollars in 2015.
Last year the revenues are piled to 166,5 million dollars, in increase of +1.0% on the year precedence. The operating result has been of sign negative for -20,5 million dollars respect to an operating profit of 19,2 million dollars in 2015.
In the solo fourth trimester of the 2016, period in which is recorded impairment loss for the devaluation of ships of the fleet pairs to -63,1 million dollars regarding no devaluation recorded in the correspondent period of 2015, Global Ship Lease has totaled revenues pairs to 41,4 million dollars, with a decrease of the -5,9% on the trimester October-December of the year precedence. Operating result and result clearly have been both of sign negative and pairs respective to -44,9 million and -54,3 million dollars regarding results of positive sign for 19,4 million and 7,0 million dollars in the last trimester of 2015.
The managing director of the American company considers that soon the state of the market in which work GSL he will show of the improvements: "if totally the continuous market to experience a meaningful pressure - Ian Webber has explained - we continue to being encouraged from the perspectives in the long term for the ships of medium dimension and the ships of inferior class that are to the center of the strategy of Global Ship Lease. Dynamics of the question and the offer for these ships - it has clarified - continues to move towards an equilibrium state as a result of the levels record of the demolition of ships, a orderbook strongly canted towards very large ships and of the continuous increase of the traffics on not primary routes on which our ships are employed".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The Global American Ship Lease (GSL), that she has a fleet of 18 portacontenitori ships of ability comprised between 2.200 and 11.000 teu of which 15 rented to the French company CMA CGM and three to the Orient Overseas Container Linens (OOCL) of Hong Kong, has closed the 2016 with a net loss of -65,1 million dollars respect to a net loss of -28,9 million dollars in the exercise anniversary precedence. Turned out Sul of the 2016 weighs burdens for reduction of the value of the ships of the fleet pairs to -92,4 million dollars respect to analogous burdens for -44,7 million dollars in 2015.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
