Independent journal on economy and transport policy
13:16 GMT+1
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Global Ship Lease has closed the second trimester of 2017 with a profit clearly of 7,6 million dollars (+11.5%)
the company considers that the market in which work an ulterior improvement will show
August 1, 2017
Global Ship Lease (GSL), company with center in the Marshall Islands that a fleet of 18 portacontainer of which 15 rented to the French shipowning group CMA CGM and three to the Orient Overseas has Container Linens of Hong Kong, has closed the second trimester of 2017 with a profit clearly of 7,6 million dollars, with an increment of +11.5% on the correspondent period of 2016. The revenues are diminished of the -2,6% coming down to 40,3 million dollars and the operating profit is piled to 18,5 million dollars (+3.4%).
In the first half of the 2017 GSL it has recorded revenues pairs to 79,9 million dollars, down of the -4,8% regarding 83,9 million dollars in the first six months of 2016. The operating profit has attested to 37,0 million dollars (+1.8%) and the profit clearly to 15,1 million dollars (+24.9%).
Global Ship Lease previews an ulterior improvement of the market in which work the company, positive trend - the managing director Ian Webber has explained - determined from a more rational programming of the orders for the construction of new ships, from a orderbook that strongly it is canted towards portacontainer of large-capacity while meanwhile it turns out elevated the activity of demolition of ships of average and small dimension that is the market segment in which work GSL (containerized cargo the total ability of the fleet of the company is pairs to about 82 thousand teu, for a medium ability/ship of about 4.500 teu).
Webber has specified that moreover the increase of the question is advanced to the waits and that the company has found an improvement in the course of this year of the market of the charterings ad, tendency of which could benefit those ships of the GSL whose contracted of chartering it will have term between the remaining part of 2017 and the beginning of the next year.
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Global Ship Lease (GSL), company with center in the Marshall Islands that a fleet of 18 portacontainer of which 15 rented to the French shipowning group CMA CGM and three to the Orient Overseas has Container Linens of Hong Kong, has closed the second trimester of 2017 with a profit clearly of 7,6 million dollars, with an increment of +11.5% on the correspondent period of 2016. The revenues are diminished of the -2,6% coming down to 40,3 million dollars and the operating profit is piled to 18,5 million dollars (+3.4%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
