Independent journal on economy and transport policy
07:44 GMT+1
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Global Ship Lease's second quarter was positive
Youroukos: The high capacity of refrigerated cargo transport in our fleet has led to good performance
August 7, 2020
Commenting on these results, the executive chairman of GSL, George Youroukos, pointed out that if the world economy continues under pressure due to the Covid-19 pandemic, existing contractual agreements and the characteristics of the fleet company's container carriers, including that of having a high transport capacity of refrigerated cargo, good performance. About the outlook Youroukos expressed cautious optimism: "after a significant decline during much of the first half of the year - he explained - in recent weeks the rental instalments rentals have both bounced and this rise has been warned first by specific post-Panamax ships, in particular those with high reefer capacity like those in our fleet, just as we found during the recovery of the market in 2019.' Youroukos specified that, even As part of a prudent recovery scenario, characteristics of the GSL fleet should generate benefits.
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Commenting on these results, the executive chairman of GSL, George Youroukos, pointed out that if the world economy continues under pressure due to the Covid-19 pandemic, existing contractual agreements and the characteristics of the fleet company's container carriers, including that of having a high transport capacity of refrigerated cargo, good performance. About the outlook Youroukos expressed cautious optimism: "after a significant decline during much of the first half of the year - he explained - in recent weeks the rental instalments rentals have both bounced and this rise has been warned first by specific post-Panamax ships, in particular those with high reefer capacity like those in our fleet, just as we found during the recovery of the market in 2019.' Youroukos specified that, even As part of a prudent recovery scenario, characteristics of the GSL fleet should generate benefits.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
