Fleet

Owning a modern, high quality and well maintained fleet reduces the number of off-hire days, decreases operating costs and improves safety, giving us a competitive strength in maximizing utilization of our ships. The variety of ship sizes, many with on-board cranes, also provides customers with flexibility to operate on a wide range of trading routes.

At the time of listing on August 15, 2008, our on-the-water fleet comprised 12 containerships including 10 secondhand and two new ships with a total capacity of 36,322 TEU and an average age of 6.5 years.

We have contracted to purchase a further four secondhand containerships and three newbuildings, with a combined additional capacity of 38,475 TEU. Four of these ships are scheduled for delivery in the fourth quarter 2008, one in third quarter 2009, and two in fourth quarter 2010.

The total fleet (on-the-water and contracted) ranges from 2,200 TEU to 10,960 TEU with a total capacity of 74,797 TEU and, once all vessels are delivered by fourth quarter 2010, will have at that time an average age of about 5.9 years. All of our vessels will on delivery be time chartered out for periods between 5 and 17 years with an average term of 10 years.

Vessel Name
Size
(TEU)
Year
Built
Time
Charter
(Years)
Actual or Projected
Start
of Charter
On-The-Water-Fleet:
  Ville d'Orion 4,113 1997 5 December 2007
  Ville d’Aquarius 4,113 1996 5 December 2007
  CMA CGM Matisse 2,262 1999 9 December 2007
  CMA CGM Utrillo 2,262 1999 9 December 2007
  MOL Rainbow 2,207 2003 10 December 2007
  Julie Delmas 2,207 2002 10 December 2007
  Kumasi 2,207 2002 10 December 2007
  Marie Delmas 2,207 2002 10 December 2007
  CMA CGM La Tour 2,272 2001 9 December 2007
  CMA CGM Manet 2,272 2001 9 December 2007
  CMA CGM Alcazar 5,100 2007 13 January 2008
  CMA CGM Chateau d’If 5,100 2007 13 January 2008
Contracted Fleet:
  Newbuilding (Hull 4126) 10,960 2008 17 December 2008
  CMA CGM Jamaica 4,298 2006 14 December 2008
  CMA CGM Sambhar 4,045 2006 14 December 2008
  CMA CGM America 4,045 2006 14 December 2008
  CMA CGM Berlioz 6,627 2001 12 July 2009
  Newbuilding (Hull 789) 4,250 2010 7-8 October 2010
  Newbuilding (Hull 790) 4,250 2010 7-8 December 2010
bondbuilt
GSL © 2008