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Global Ship Lease Inc. · London United Kingdom ·(NYSE: GSL)

Company Description

Portland House Stag Place
London
SW1E -5RS
United Kingdom (Map)
Phone: +44-20-7869-8006
Fax: +44-20-7869-8119
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    A new contender in the container shipping industry, Global Ship Lease didn't start small. The company was formed in 2007 to acquire a fleet of a dozen containerships from its parent, French marine transportation giant CMA CGM, and then lease the vessels back to CMA CGM on long-term, fixed-rate charters. In August 2008, CMA CGM sold a controlling stake in Global Ship Lease to Marathon Acquisition, a publicly traded "blank check" company. The combined company took the Global Ship Lease name and now owns a fleet of about 20 containerships ranging in size from about 2,200 TEU (twenty-foot equivalent units) to nearly 11,000 TEU, with an overall capacity of more than 74,000 TEU.  To read the full description, subscribe now.
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    Key Global Ship Lease Inc. Financials

    Company Type - NYSE: GSL

    2008 Sales (mil.)$97.1
    2008 Employees4

    Global Ship Lease Inc. Executives

    9 executives listed for Global Ship Lease Inc.'s London,  location.
    TitleName & BioContact
    ChairmanMichael GrossNetwork
    CEOIan WebberNetwork
    CFOSusan CookNetwork

    Competition

    Competitive Landscape for Global Ship Lease Inc.
    Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. To read the full description, subscribe now.
    Top Global Ship Lease Inc. Competitors
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