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17 January 2021 The on-line newspaper devoted to the world of transports 23:39 GMT+1

May 12, 2020

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Original news
Global's quarterly financial performance declines Ship Lease, New1001

In the first three months of 2020, revenues grew by 10%

Global Ship Lease (GSL), a company that owns a fleet 45 container carriers rented at primary filed the first quarter of this year with a revenues of US 70.9 million, up 10.0% on same period in 2019. Operating profit was 20.4 million dollars (-29.2%) net profit at 1.5 million U.S. dollars (-85,6%). The decline in results was determined mainly by the increase in fleet charges, USD 25.5 million, or 21.7%, and the registration in a loss of US 7.6 million dollars per reduction in the cost of value of the fleet.

Commenting today on the economic performance recorded in the first Global Ship Lease executive chairman George Youroukos, specified that during the period the activity company has been limitedly affected by the impact Covid-19 pandemic.

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