Business Strategy

GSL's business strategy is to be a preferred provider of chartered containership tonnage to top tier liner shipping companies generating shareholder value on the back of predictable revenues from long-term, fixed-rate time charters (leases).

Expand our customer base.
GSL's initial charterer is CMA CGM, which is the third largest liner shipping company in the world. We intend to selectively expand our customer base over time, capitalizing on the industry expertise and extensive relationship network of our management team and Board of Directors.

Maintain a diverse fleet of containerships.
We intend to maintain our fleet to high standards, with a mix of geared and gearless containerships across a range of size categories, to meet the diverse needs of our target customer base.

Utilize reputable and expert ship manager partners.
GSL will continue to outsource, under close supervision, the day-to-day technical management of its fleet to well-established ship managers with considerable expertise. This approach facilitates both the tailoring of ship management to the preferences of charterers and effective cost control and risk management.
Be opportunistic.
We aim to preserve financial flexibility so as to be able to take advantage of expansion opportunities at the appropriate time.

Be cost competitive.
GSL will continue to actively manage its capital structure and operating cost base to eliminate inefficiencies and minimize the blended costs of its service offering.

Maintain a portfolio of time charters with staggered durations
Our objective is to maintain a staggered expiration of our time charters in order to reduce re-chartering risk and maintain stable and predictable revenues throughout the market cycle.

Capitalize on accretive acquisitions.
GSL intends to acquire vessels to be deployed on time charters that are accretive to distributable cash flows, meet stringent technical quality requirements, comply with targeted return thresholds and complement the scope of the GSL service offering and portfolio approach to risk management.
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