Independent journal on economy and transport policy
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Global Ship Lease with the wind in its sails
The company believes that the outlook for the container rental market is very positive
May 9, 2022
George Youroukos, the executive chairman of Global Ship Lease, provides that, in view of the expected evolution of the market, the future prospects for the company will continue to be promising: «of the entire world rental fleet - has explained - currently the vast majority of container ship is used in the context of long charters term, with a consequent very reduced activity of the rental market. However those few rentals that there have been they continued to demonstrate how much the market is under pressure. For the future, we expect very limited supply growth for all container ships, with the exception of the most large, and a high probability of interruptions and supply chain congestions that, almost independently of the growth in demand, make us confident about our ability to continue to safeguard and increase in the long run term contracted and reliable revenues generated by our fleet of absolute quality».
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George Youroukos, the executive chairman of Global Ship Lease, provides that, in view of the expected evolution of the market, the future prospects for the company will continue to be promising: «of the entire world rental fleet - has explained - currently the vast majority of container ship is used in the context of long charters term, with a consequent very reduced activity of the rental market. However those few rentals that there have been they continued to demonstrate how much the market is under pressure. For the future, we expect very limited supply growth for all container ships, with the exception of the most large, and a high probability of interruptions and supply chain congestions that, almost independently of the growth in demand, make us confident about our ability to continue to safeguard and increase in the long run term contracted and reliable revenues generated by our fleet of absolute quality».
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
