Global Ship Lease (GSL) Reports Q4 Revenues Beat

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Global Ship Lease Reports Results for the Fourth Quarter of 2020

March 4, 2021 8:30 AM EST

LONDON, March 04, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company, Global Ship Lease or GSL), a containership charter owner, announced today its unaudited results for the three months and year ended December 31, 2020.

Full Year 2020 and Year To Date 2021 Highlights

- Reported operating revenue of $70.0 million for the fourth quarter 2020. Operating revenue for the year ended December 31, 2020 was $282.8 million.

- Reported net income available to common shareholders of $10.8 million for the fourth quarter 2020 after $0.5 million premium paid on the redemption in December 2020 of $28.0 million of our... More