Freight News, Sea

Global Ship Lease Announces Agreement With OOCL to Acquire Third 8,063 TEU Vessel

[ September 21, 2015   //   ]

Containership charter owner Global Ship Lease, Inc., announced that it has taken delivery today of a 2004-built, 8,063 TEU containership, the OOCL Ningbo. Upon delivery, the vessel commenced a time charter back to Orient Overseas Container Line UK Limited for 36 to 39 months at a rate of $34,500 per day. With this addition, the Company’s fleet stands at 20 vessels with a total capacity of 90,538 TEU.
Global Ship Lease owns 20 vessels with a total capacity of 90,538 TEU and an average age, weighted by TEU capacity, at September 17, 2015 of 11.4 years. All 20 vessels are currently fixed on time charters, 15 of which are with CMA CGM. The average remaining term of the charters at Sept. 17, 2015 was 4.9 years or 5.1 years on a weighted basis, excluding Ville d’Aquarius, and Ville d’Orion, which are deployed in the short-term charter market.

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