Charters

The average remaining term of the charters at December 31, 2018 was 2.5 years on a TEU-weighted basis.

Our time charter portfolio as at December 31, 2018 is shown below.

charters

 

1Increased from 11,900 per day from 26-January 2019

2Rate increases to $12,400 per day from April 21, 2019 and to $18,000 per day from September 21, 2019.

3Thereafter, five years to CMA CGM at $25,910 per day

4Thereafter, option for four years at $20,000 per day, callable by GSL

5Extended after December 31, 2018 at $11,500 per day to July 17, 2019 plus or minus 30 days.

6Rate increases to $11,500 per day from 15-August-19

7Extended after December 31, 2018 at $8,500 per day to August 17, 2020 plus or minus 30 days.

8Rate $7,800 per day and, agreed after December 31, 2018, $7,200 per day from March 16, 2019 to between August 16, 2019 and October 16, 2019, at charterer’s option, with an option in favour of charterer to extend from October 16, 2019 at $8,500 per day for six months plus or minus 30 days.

9Option at $9,800 per day to 31-December-20 +/- 90 days, callable by GSL

10To be renamed as M/V Olivia I effective March 19, 2019.

GSL © 2019