Global Ship Lease buys feeder boxship for CMA CGM charter
Containership charter owner Global Ship Lease has acquired a 2005-built 2,800 teu containership for a price of $11.3m.
The vessel will be renamed and following the completion of its current charter next quarter will commence a new charter with CMA CGM for a period of 12 months at a rate of $9,000 per day.
The acquisition will grow the Global Ship Lease fleet to 19 vessel with a total capacity of 85,112 teu.
“We are pleased to have expanded our fleet in a strengthening market with the acquisition of this high-specification vessel at an attractive price. By utilizing both our strong balance sheet and our well-established commercial relationships, we were able to confidently pursue the acquisition, having already secured the vessel’s subsequent employment with a top-tier counterparty at an EBITDA positive level. We remain optimistic for the continued tightening of the supply/demand balance for mid-sized and smaller vessels, and we will continue to pursue attractive, immediately accretive acquisition opportunities for the benefit of shareholders,” said Ian Webber, chief executive officer of Global Ship Lease.