Ships & Contract Cover

The mix of ship sizes within our fleet provides flexibility to deploy our vessels on a wide range of trading routes.

Global Ship Lease owns 43 ships, ranging from 2,207 to 11,040 TEU, of which nine are fuel efficient new-design wide beam, with a total capacity of 245,280 TEU and an average age, weighted by TEU capacity, of 13.7 years as at December 31, 2020. We have contracted to purchase seven additional ships, which are scheduled to deliver during 2Q & 3Q 2021.

Charter data last updated March 29, 2021.

= Firm Employment = Option Period
Vessel Name
Size (TEU)
Charterer
Rate
Contract Cover
11,040
CMA CGM
$47,200

Built: 2008

Yard: Daewoo

TEU - Nominal: 11,040

TEU - 14 mt: 7,990

Reefers: 700 

LWT: 38,577

Flag: Malta

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q07

Earliest Expiry: 4Q25

Latest Expiry: 1Q26

Additional Information

Bulbous bow optimized for fuel efficiency at low operating speeds. Ship has sufficient onboard power to support significant up-sizing of reefer capacity

Image of   CMA CGM Thalassa
9,115
Hapag-Lloyd
$34,000

Built: 2015

Yard: Hanjin

TEU - Nominal: 9,115

TEU - 14 mt: 7,578

Reefers: 1500

LWT: 31,764

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 1Q19

Earliest Expiry: 1Q22

Latest Expiry: 2Q22

Additional Information

Ship has sufficient onboard power to support significant up-sizing of reefer capacity

Image of   UASC Al Khor
9,115
COSCO
$38,000

Built: 2015

Yard: Hanjin

TEU - Nominal: 9,115

TEU - 14 mt: 7,578

Reefers: 1,500

LWT: 31,890

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q20

Earliest Expiry: 3Q23

Latest Expiry: 4Q23

Additional Information

Ship has sufficient onboard power to support significant upsizing of reefer capacity.

Image of   Anthea Y
9,115
ONE
$38,000

Built: 2015

Yard: Hanjin

TEU - Nominal: 9,115

TEU - 14 mt: 7,578

Reefers: 1,500

LWT: 31,820

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q20

Earliest Expiry: 2Q22

Latest Expiry: 3Q22

Additional Information

Ship has sufficient onboard power to support significant upsizing of reefer capacity. Charter rate of $24,990 per day to 1Q21; thereafter $31,650 per day.

Image of   Maira XL
8603
MSC

Built: 2005

Yard: Samsung

TEU - Nominal: 8603

TEU - 14 mt: 6590

Reefers: 710

LWT: 34,325

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 2Q24

Latest Expiry: 3Q24

Additional Information

Charter rate of $23,000 per day through 1Q2021. Thereafter $19,000 per day, due to cancellation of scrubber installation. Ship has sufficient onboard power to support significant up-sizing of reefer capacity.

Image of   MSC Tianjin
8,603
MSC
$23,000

Built: 2004

Yard: Samsung

TEU - Nominal: 8,603

TEU - 14 mt: 6,590

Reefers: 710

LWT: 34,305

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 2Q24

Latest Expiry: 3Q24

Additional Information

Ship has sufficient onboard power to support significant up-sizing of reefer capacity.

Image of   MSC Qingdao
8,603
MSC
$22,500

Built: 2004

Yard: Samsung

TEU - Nominal: 8,603

TEU - 14 mt: 6,590

Reefers: 710

LWT: 34,340

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q20

Earliest Expiry: 1Q23

Latest Expiry: 3Q23

Additional Information

Charter with Maersk at $18,000 per day until early November 2020. Thereafter a 28 – 32 months charter with MSC at $22,500 per day.

Image of   GSL Ningbo
7,847
Maersk
$16,500

Built: 2004

Yard: Hyundai

TEU - Nominal: 7,849

TEU - 14 mt: 6,038

Reefers: 814

LWT: 29,261

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 3Q24

Latest Expiry: 4Q24

Additional Information

Approximately $14.1 million of Adjusted EBITDA is expected to be generated for the median period remaining on the charter from June 30, 2020

Image of   GSL Eleni
7,847
Maersk
$14,500

Built: 2004

Yard: Hyundai

TEU - Nominal: 7,849

TEU - 14 mt: 6,038

Reefers: 814

LWT: 29,105

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q19

Earliest Expiry: 4Q22

Latest Expiry: 4Q24

Additional Information

Charter rate for the firm period is $14,500 per day. Charter rate for option period is $18,900 per day.

Image of   GSL Kalliopi
7,847
Maersk
$14,500

Built: 2004

Yard: Hyundai

TEU - Nominal: 7,849

TEU - 14 mt: 6,038

Reefers: 814

LWT: 29,190

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q19

Earliest Expiry: 4Q22

Latest Expiry: 4Q24

Additional Information

Charter rate for the firm period is $14,500 per day. Charter rate for option period is $17,750 per day.

Image of   GSL Grania
6,927
CMA CGM
$25,910

Built: 2013

Yard: Hyundai

TEU - Nominal: 6,927

TEU - 14 mt: 5,120

Reefers: 1,200

LWT: 23,424

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q18

Earliest Expiry: 3Q23

Latest Expiry: 4Q23

 

Additional Information

Ship has sufficient onboard power to support significant up-sizing of reefer capacity

Image of   Mary
6,927
CMA CGM
$25,910

Built: 2013

Yard: Hyundai

TEU - Nominal: 6,927

TEU - 14 mt: 5,120

Reefers: 1,600

LWT: 23,421

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q18

Earliest Expiry: 2Q24

Latest Expiry: 3Q24

Additional Information

Image of   Kristina
6,927
CMA CGM
$25,910

Built: 2013

Yard: Hyundai

TEU - Nominal: 6,927

TEU - 14 mt: 5,120

Reefers: 1,600

LWT: 23,403

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q18

Earliest Expiry: 1Q24

Latest Expiry: 2Q24

Additional Information

Image of   Katherine
6,927
CMA CGM
$25,910

Built: 2013

Yard: Hyundai

TEU - Nominal: 6,927

TEU - 14 mt: 5,120

Reefers: 1,600

LWT: 23,348

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q18

Earliest Expiry: 1Q24

Latest Expiry: 2Q24

Additional Information

Image of   Alexandra
6,882
CMA CGM
$25,910

Built: 2015

Yard: Hanjin

TEU - Nominal: 6,882

TEU - 14 mt: 5,105

Reefers: 1,600

LWT: 23,919

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q18

Earliest Expiry: 1Q24

Latest Expiry: 2Q24

Additional Information

Image of   Alexis
6,882
CMA CGM
$25,910

Built: 2015

Yard: Hanjin

TEU - Nominal: 6,882

TEU - 14 mt: 5,105

Reefers: 1,600

LWT: 23,864

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q18

Earliest Expiry: 1Q24

Latest Expiry: 2Q24

Additional Information

Image of   Olivia I
6,840
Maersk

Built: 2002

Yard: Samsung

TEU - Nominal: 6,840

TEU - 14 mt: 4,990

Reefers: 600

LWT: 27,954

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q20

Earliest Expiry: 3Q23

Latest Expiry: 4Q23

Additional Information

Escalating charter rate, with average rate (assuming median charter term) of $12,830 per day through May 2021. On expiry of the existing charter GSL Christen will be chartered to Maersk at a rate of $35,000 per day.

Image of   GSL Christen
6,840
MSC

Built: 2002

Yard: Samsung

TEU - Nominal: 6,840

TEU - 14 mt: 4,990

Reefers: 600

LWT: 28,070

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q20

Earliest Expiry: 3Q24

Latest Expiry: 4Q24

Additional Information

Chartered to MSC at $13,500 per day to 2Q/3Q2021. On expiry of the existing charter GSL Nicoletta will be chartered to Maersk at a rate of $35,750 per day.

Image of   GSL Nicoletta
6,621
CMA CGM
$34,000

Built: 2001

Yard: Hanjin

TEU - Nominal: 6,621

TEU - 14 mt: 4,555

Reefers: 500

LWT: 26,776

Flag: Bahamas

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q09

Earliest Expiry: 2Q21

Latest Expiry: 4Q21

Additional Information

Image of   CMA CGM Berlioz
6,572
MSC
$20,000

Built: 2011

Yard: Hanjin

TEU - Nominal: 6,572

TEU - 14 mt: 5,002

Reefers: 500

LWT: 24,746

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 4Q23

Latest Expiry: 1Q24

Image of   Agios Dimitrios
6,080
Maersk
$13,250

Built: 2004

Yard: Samsung

TEU - Nominal: 6,080

TEU - 14 mt: 4,527

Reefers: 500

LWT: 23,737

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q19

Earliest Expiry: 2Q24

Latest Expiry: 1Q25

Image of   GSL Vinia
6,080
Maersk
$13,250

Built: 2004

Yard: Samsung

TEU - Nominal: 6,080

TEU - 14 mt: 4,527

Reefers: 500

LWT: 23,745

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q19

Earliest Expiry: 2Q24

Latest Expiry: 1Q25

Image of   GSL Christel Elisabeth
5,936
Maersk
$12,500

Built: 2000

Yard: Kvaerner

TEU - Nominal: 5,936

TEU - 14 mt: 4,312

Reefers: 500

LWT: 25,010

Flag: MI

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 1Q22

Latest Expiry: 3Q23

Rate Details

Charter rate of $12,500 per day to 2Q22, followed by 12 months at option of charterer at $20,000 per day. Hull optimized for fuel efficiency at lower operating speeds.

Image of   Tasman
5,936
ZIM

Built: 2000

Yard: Kvaerner

TEU - Nominal: 5,936

TEU - 14 mt: 4,312

Reefers: 500

LWT: 25,010

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 1Q24

Latest Expiry: 2Q24

Additional Information

Hull optimized for fuel efficiency at lower operating speeds. Chartered at a rate of $14,500 per day to May 2022; thereafter at a rate of $24,250 per day.

Image of   Dimitris Y
5,936
ZIM

Built: 2000

Yard: Kvaerner

TEU - Nominal: 5,936

TEU - 14 mt: 4,312

Reefers: 500

LWT: 25,128

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 2Q24

Latest Expiry: 3Q24

Additional Information

Hull optimized for fuel efficiency at lower operating speeds. Chartered at a rate of $14,500 per day to May 2021; thereafter $32,500 per day.

Image of   Ian H
5,095
Sea-Lead

Built: 2007

Yard: Hyundai

TEU - Nominal: 5,095

TEU - 14 mt: 3,434

Reefers: 330

LWT: 20,596

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q20

Earliest Expiry: 1Q22

Latest Expiry: 2Q22

Additional Information

Charter with Sea-Lead at rate of $7,000 per day through December 2020. Thereafter, new charter with OOCL to 1Q22 (assuming median delivery) at a new rate of $24,500 per day

Image of   Dolphin II
5,095
Maersk

Built: 2006

Yard: Hyundai

TEU - Nominal: 5,095

TEU - 14 mt: 3,434

Reefers: 330

LWT: 20,633

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q19

Earliest Expiry: 2Q24

Latest Expiry: 3Q25

Additional Information

Chartered to Maersk at a rate of $10,000 per day through April 2021. On expiry of the existing charter Orca I will be chartered to Maersk at a rate of $21,000 per day until 2Q24 (assuming median expiry). Thereafter the charterer has the option to extend the charter by a further 12 – 14 months.

Image of   Orca I
5,089
CMA CGM
$16,000

Built: 2007

Yard: Hanjin

TEU - Nominal: 5,089

TEU - 14 mt: 3,350

Reefers: 386

LWT: 20,087

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q20

Earliest Expiry: 3Q21

Latest Expiry: 4Q21

Additional Information

Original sale & leaseback charter (from 2008) with CMA CGM to October 2020 at a rate of $33,750 per day; thereafter a charter extension in direct continuation at a rate of $16,000 per day.

Image of   CMA CGM Alcazar
5,089
Hapag-Lloyd
$14,500

Built: 2007

Yard: Hanjin

TEU - Nominal: 5,089

TEU - 14 mt: 3,350

Reefers: 386

LWT: 19,994

Flag: Malta

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q20

Earliest Expiry: 4Q21

Latest Expiry: 4Q21

Additional Information

Original sale & leaseback charter (from 2008) with CMA CGM to October 2020 at a rate of $33,750 per day; thereafter a new charter to Hapag-Lloyd at a rate of $14,500 per day.

Image of   GSL Chateau d’If
4,298
CMA CGM
$25,350

Built: 2006

Yard: Hyundai

TEU - Nominal: 4,298

TEU - 14 mt: 2,810

Reefers: 600

LWT: 17,272

Flag: Cyprus

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 1Q08

Earliest Expiry: 3Q22

Latest Expiry: 1Q23

Additional Information

Image of   CMA CGM Jamaica
4,045
CMA CGM
$25,350

Built: 2006

Yard: CSBC

TEU - Nominal: 4,045

TEU - 14 mt: 2,881

Reefers: 700

LWT: 17,429

Flag: Malta

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q08

Earliest Expiry: 3Q22

Latest Expiry: 1Q23

Additional Information

Image of   CMA CGM Sambhar
4,045
CMA CGM
$25,350

Built: 2006

Yard: CSBC

TEU - Nominal: 4,045

TEU - 14 mt: 2,881

Reefers: 700

LWT: 17,428

Flag: Malta

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 2Q08

Earliest Expiry: 3Q22

Latest Expiry: 1Q23

Additional Information

Image of   CMA CGM America
2,824
ZIM
$13,250

Built: 2005

Yard: Hyundai

TEU - Nominal: 2,824

TEU - 14 mt: 2,029

Reefers: 566

LWT: 11,971

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q20

Earliest Expiry: 3Q21

Latest Expiry: 1Q22

 
Image of   GSL Valerie
2,762
MSC

Built: 2003

Yard: Koyo

TEU - Nominal: 2,762

TEU - 14 mt: 2,330

Reefers: 300

LWT: 13,538

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 1Q19

Earliest Expiry: 2Q24

Latest Expiry: 2Q24

Additional Information

Chartered to MSC at a rate of $9,000 per day through April 2021; On expiry of the existing charter Athena will be chartered to Hapag-Lloyd at a rate expected to generate Adjusted EBITDA of approximately $15.5 million through to the median expiry of the charter in 2Q24.

Image of   Athena
2,506
Hapag-Lloyd
$14,500

Built: 2000

Yard: Samsung

TEU - Nominal: 2,506

TEU - 14 mt: 1,805

Reefers: 420

LWT: 11,453

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 1Q19

Earliest Expiry: 1Q23

Latest Expiry: 2Q23

 
Image of   Maira
2,506
CMA CGM
$16,000

Built: 2000

Yard: Samsung

TEU - Nominal: 2,506

TEU - 14 mt: 1,805

Reefers: 420

LWT: 11,370

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q19

Earliest Expiry: 1Q23

Latest Expiry: 2Q23

 
Image of   Nikolas
2,506
MSC
$8,000

Built: 2001

Yard: Samsung

TEU - Nominal: 2,506

TEU - 14 mt: 1,805

Reefers: 420

LWT: 11,463

Flag: Panama

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 1Q19

Earliest Expiry: 1Q21

Latest Expiry: 1Q21

Image of   Newyorker
2,272
MSC
$7,250

Built: 2001

Yard: CSBC

TEU - Nominal: 2,272

TEU - 14 mt: 1,735

Reefers: 446

LWT: 11,742

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q19

Earliest Expiry: 2Q21

Latest Expiry: 2Q21

Additional Information

Charter extended in direct continuation. Previous rate of $8,800 applicable until October 30, 2020, after which rate becomes $7,250 per day

Image of   La Tour
2,272
Sea-Lead
$12,850

Built: 2001

Yard: CSBC

TEU - Nominal: 2,272

TEU - 14 mt: 1,735

Reefers: 446

LWT: 11,727

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q20

Earliest Expiry: 4Q20

Latest Expiry: 4Q21

 
Image of   Manet
2,207
OOCL
$9,400

Built: 2003

Yard: CSBC

TEU - Nominal: 2,207

TEU - 14 mt: 1,718

Reefers: 350

LWT: 11,731

Flag: Bahamas

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 4Q19

Earliest Expiry: 3Q21

Latest Expiry: 3Q21

Additional Information

Charter extended in direct continuation. Previous rate of $8,000 to applicable until October 10, 2020, after which rate increases to $9,400 per day.

Image of   Keta
2,207
Sea Consortium
$9,250

Built: 2002

Yard: CSBC

TEU - Nominal: 2,207

TEU - 14 mt: 1,718

Reefers: 350

LWT: 11,731

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q20

Earliest Expiry: 2Q21

Latest Expiry: 2Q21

Image of   Julie
2,207
CMA CGM
$9,300

Built: 2002

Yard: CSBC

TEU - Nominal: 2,207

TEU - 14 mt: 1,718

Reefers: 350

LWT: 11,791

Flag: Bahamas

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q16

Earliest Expiry: 3Q21

Latest Expiry: 4Q21

Additional Information

Charter extended in direct continuation. Previous rate of $9,800 applicable until October 15, 2020, after which rate becomes $9,300 per day.
Image of   Kumasi
2,207
CMA CGM
$9,300

Built: 2002

Yard: CSBC

TEU - Nominal: 2,207

TEU - 14 mt: 1,718

Reefers: 350

LWT: 11,731

Flag: Liberia

Post-Panamax

Geared

Wide Beam (New Design)

Eco

Scrubber-Fitted

Charter Start: 3Q16

Earliest Expiry: 3Q21

Latest Expiry: 4Q21

Additional Information

Charter extended in direct continuation. Previous rate of $9,800 applicable until October 25, 2020, after which rate becomes $9,300 per day.

Image of   Marie Delmas

Ships Contracted for Purchase

As announced on February 9, 2021, GSL agreed the purchase and charter-back of seven 6,000 TEU Post-Panamax containerships, with an average age of approximately 20 years, for an en-bloc acquisition price of $116 million

The ships are scheduled for phased delivery in 2Q & 3Q 2021, and are contracted to be chartered to leading liner operators for three-to-five years (with a minimum firm period of three years)

Upon delivery, the ships will be re-named GSL Arcadia, GSL Dorothea, GSL Maria, GSL Melita, GSL MYNY, GSL Tegea, and GSL Violetta

Once all seven ships have been delivered, the charters are expected to generate average aggregate annualized Adjusted EBITDA of approximately $29 million over the firm period


 

Geared ships are equipped with onboard cranes, allowing them to load and discharge in ports where shoreside infrastructure is limited.

Wide beam improves vessel stability and reduces the need for ballast water, resulting in lower fuel consumption and higher cargo carrying capacity.

At standard operating speeds, fully laden eco-vessels consume 20 - 30 mt per day less fuel than non-eco tonnage, reducing daily running costs for charterers.

High reefer count allows charterers to carry high-margin refrigerated cargo.

Ships fitted with “scrubbers” (Exhaust Gas Cleaning Systems) are permitted to burn fuel with a higher Sulphur content, while still complying with IMO 2020 emission regulations