GSL Fixes Keta with OOCL

Maritime Activity Reports, Inc.

July 18, 2019

Pic: Global Ship Lease

Pic: Global Ship Lease

Marshall Islands-incorporated Global Ship Lease (GSL) has agreed a new charter for the 2003-built, 2,207 TEU GSL Keta.

The containership charter owner said in a press release that commencing in late July, the vessel will be chartered for minimum 50 days / maximum 90 days to Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) at a fixed rate of $8,700 per day.

Ian Webber, Chief Executive Officer of Global Ship Lease, said, “We are pleased to have signed this charter at an improved rate with a top-tier counterparty in OOCL. With strong fundamentals driving continuing improvements across the ship sizes that make up our fleet of high-quality, mid-sized and smaller containerships, Global Ship Lease is in an excellent position to realize additional benefits for our shareholders.”

Global Ship Lease owns 41 ships ranging from 2,207 to 11,040 TEU, of which nine are fuel efficient new-design wide beam, with a total capacity of 224,162 TEU and an average age, weighted by TEU capacity, of 11.9 years as at June 30, 2019, including subsequent announcements.

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