PRESS RELEASES

Nov 09, 2018
Poseidon Containers to charter four 6,927 TEU containerships to CMA CGM for a period of five years
LONDON, Nov. 09, 2018 (GLOBE NEWSWIRE) —  Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, today announced that Poseidon Containers, with which Global Ship Lease has entered a definitive merger agreement, has agreed five-year charters with CMA CGM for four of its 6,927 TEU containerships, Mary, Kristina, Katherine and Alexandra.  The charters will deliver incremental annualized EBITDA of approximately $11.0 million compared to third quarter 2018 …

The post Global Ship Lease announces new long-term charter agreements between Poseidon Containers and CMA CGM appeared first on The Loadstar.

Source: The Loadstar