Global Ship Lease (GSL) Reports Q1 Revenues Beat

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Global Ship Lease Reports Results for the First Quarter of 2021

May 10, 2021 8:00 AM EDT

LONDON, May 10, 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 ended March 31, 2021.

First Quarter 2021

- Reported operating revenue of $73.0 million for the first quarter 2021.

- Reported net income available to common shareholders of $4.2 million for the first quarter 2021 after $5.8 million premium paid on the full optional redemption of our outstanding 9.875% Senior Secured Notes due 2022 (2022 Notes) on January 20, 2021, an associated non-cash write off... More