Independent journal on economy and transport policy
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Increase of the quarterly results of the Global Ship Lease thanks to the effect of the fusion with Poseidon
In the period July-september the turnover is increased of +83.8%
November 7, 2019
In the third trimester of the 2019 Global Ship Lease (GSL), that it has a fleet of 40 portacontainer, it has recorded revenues pairs to 65,9 million dollars, with an increment of +83.8% on the same period last year that it has had to the effect of the contribution of the activity of the 19 ships introduced in fleet from on November 15, 2018 as a result of the fusion with the Poseidon Containers(on 30 October 2018). The operating profit is piled to 27,8 million dollars (+82.3%) and the profit clearly to 10,7 million dollars (+131.5%).
In the first nine months of this year the revenues have been pairs to 193,5 million dollars, in increase of +80.8% on the period January-september of 2018. The operating profit has been of 84,2 million dollars (+83.3%) and the profit clearly of 31,1 million dollars (+116.4%).
Alle 40 portacontainer that GSL rents to other shipowning companies and that on 30 September they took part of its fleet last month is addition another ship and others two portacontenitori will be taken in delivery the next month and the next January.
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