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Global Ship Lease Announces Third Quarter 2024 Earnings Release, Conference Call and Webcast

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Global Ship Lease (NYSE:GSL) has announced its upcoming third quarter 2024 earnings release and conference call scheduled for Monday, November 11, 2024. The financial results will be released before market opening, followed by a conference call at 10:30 a.m. Eastern Time. As of June 30, 2024, the company owns 68 containerships with an aggregate capacity of 376,723 TEU. The fleet's contracted revenue stands at $1.77 billion with an average remaining charter term of 2.2 years on a TEU-weighted basis. Including charterers' options, contracted revenue reaches $2.13 billion with a 2.8-year weighted average remaining term.

Global Ship Lease (NYSE:GSL) ha annunciato il rilascio dei risultati finanziari del terzo trimestre 2024 e la relativa conferenza telefonica prevista per lunedì 11 novembre 2024. I risultati finanziari saranno pubblicati prima dell'apertura del mercato, seguiti da una conferenza telefonica alle 10:30 ora orientale. Al 30 giugno 2024, la società possiede 68 portacontainer con una capacità totale di 376.723 TEU. I ricavi contrattati della flotta ammontano a 1,77 miliardi di dollari, con una durata media residua del contratto di 2,2 anni su base ponderata per TEU. Considerando le opzioni dei noleggiatori, i ricavi contrattati raggiungono 2,13 miliardi di dollari con una durata media residua ponderata di 2,8 anni.

Global Ship Lease (NYSE:GSL) ha anunciado la próxima publicación de resultados financieros del tercer trimestre de 2024 y la conferencia telefónica programada para el lunes 11 de noviembre de 2024. Los resultados financieros se publicarán antes de la apertura del mercado, seguidos de una conferencia telefónica a las 10:30 a.m. hora del Este. Hasta el 30 de junio de 2024, la compañía posee 68 buques porta-contenedores con una capacidad total de 376.723 TEU. Los ingresos contratados de la flota ascienden a 1.77 mil millones de dólares, con un promedio de duración restante del contrato de 2.2 años basado en TEU. Incluyendo las opciones de los arrendatarios, los ingresos contratados alcanzan 2.13 mil millones de dólares con un promedio ponderado de duración restante de 2.8 años.

Global Ship Lease (NYSE:GSL)는 2024년 3분기 실적 발표 및 전화 회의가 2024년 11월 11일 월요일에 예정되어 있다고 발표했습니다. 재무 결과는 시장 개장 전에 발표되며, 이어서 동부 표준시 기준 오전 10:30에 전화 회의가 진행됩니다. 2024년 6월 30일 현재, 회사는 68척의 컨테이너선을 보유하고 있으며, 총 용량은 376,723 TEU입니다. 함대의 계약 수익은 17억 7천만 달러로, TEU 기준으로 평균 잔여 임대 기간은 2.2년입니다. 임대업체의 옵션을 포함하면, 계약된 수익은 21억 3천만 달러에 이르며 평균 잔여 기간은 2.8년입니다.

Global Ship Lease (NYSE:GSL) a annoncé la publication de ses résultats financiers pour le troisième trimestre 2024 et une conférence téléphonique prévue lundi 11 novembre 2024. Les résultats financiers seront publiés avant l'ouverture du marché, suivis d'une conférence téléphonique à 10h30, heure de l'Est. Au 30 juin 2024, la société possède 68 porte-conteneurs avec une capacité totale de 376.723 TEU. Les revenus contractés de la flotte s'élèvent à 1,77 milliard de dollars, avec une durée moyenne restante des contrats de 2,2 ans, pondérée par TEU. En incluant les options des affréteurs, les revenus contractés atteignent 2,13 milliards de dollars avec une durée moyenne pondérée restante de 2,8 ans.

Global Ship Lease (NYSE:GSL) hat die bevorstehende Veröffentlichung der Ergebnisse für das dritte Quartal 2024 und die dazugehörige Telefonkonferenz für Montag, den 11. November 2024, angekündigt. Die finanziellen Ergebnisse werden vor der Markteröffnung veröffentlicht, gefolgt von einer Telefonkonferenz um 10:30 Uhr Eastern Time. Zum 30. Juni 2024 besitzt das Unternehmen 68 Containerschiffe mit einer Gesamtkapazität von 376.723 TEU. Der vertraglich vereinbarte Umsatz der Flotte beläuft sich auf 1,77 Milliarden US-Dollar mit einer durchschnittlichen verbleibenden Charterlaufzeit von 2,2 Jahren, gewichtet nach TEU. Eingerechnet die Optionen der Charterer erreicht der vertraglich vereinbarte Umsatz 2,13 Milliarden US-Dollar mit einer gewichteten durchschnittlichen verbleibenden Laufzeit von 2,8 Jahren.

Positive
  • Fleet of 68 containerships with 376,723 TEU total capacity
  • Secured contracted revenue of $1.77 billion
  • Additional potential revenue of $2.13 billion including charterer options
Negative
  • Relatively short average remaining charter term of 2.2 years

ATHENS, Greece, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company’s results for the third quarter 2024 on Monday, November 11, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the third quarter 2024 on Monday, November 11, 2024 before the open of market trading.

What:Third Quarter 2024 Conference Call and Webcast
  
When:Monday, November 11, 2024 at 10:30 a.m. Eastern Time
  
Where:There are two ways to access the conference call:
  
 Dial-in: (646) 307-1963 or (800) 715-9871; Event ID: 2474206
Please dial in at least 10 minutes prior to 10:30 a.m. Eastern Time to ensure a prompt start to the call.
  
 Live Internet webcast and slide presentation:
http://www.globalshiplease.com
  
The webcast will be archived on the Company’s website: http://www.globalshiplease.com

About Global Ship Lease

Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies. It was listed on the New York Stock Exchange in August 2008.

As of June 30, 2024, Global Ship Lease owned 68 containerships ranging from 2,207 to 11,040 TEU, with an aggregate capacity of 376,723 TEU. 36 ships are wide-beam Post-Panamax.

As of June 30, 2024, the average remaining term of the Company’s charters, to the mid-point of redelivery, including options under the Company’s control and other than if a redelivery notice has been received, was 2.2 years on a TEU-weighted basis. Contracted revenue on the same basis was $1.77 billion. Contracted revenue was $2.13 billion, including options under charterers’ control and with latest redelivery date, representing a weighted average remaining term of 2.8 years.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. These forward-looking statements are based on assumptions that may be incorrect, and the Company cannot assure you that the events or expectations included in these forward-looking statements will come to pass. Actual results could differ materially from those expressed or implied by the forward-looking statements as a result of various factors, including the factors described in “Risk Factors” in the Company’s Annual Report on Form 20-F and the factors and risks the Company describes in subsequent reports filed from time to time with the U.S. Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to reflect the occurrence of unanticipated events.

Investor and Media Contact:
The IGB Group
Bryan Degnan
646-673-9701
or
Leon Berman
212-477-8438


FAQ

When will Global Ship Lease (GSL) release Q3 2024 earnings?

Global Ship Lease will release Q3 2024 earnings on Monday, November 11, 2024, before market opening.

What is Global Ship Lease's (GSL) current contracted revenue as of June 2024?

GSL's contracted revenue is $1.77 billion, or $2.13 billion including charterer options.

How many containerships does Global Ship Lease (GSL) own as of June 2024?

Global Ship Lease owns 68 containerships with an aggregate capacity of 376,723 TEU.

What is the average remaining charter term for Global Ship Lease's (GSL) fleet?

The average remaining charter term is 2.2 years on a TEU-weighted basis, or 2.8 years including charterer options.

Global Ship Lease, Inc.

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