News / GSL agrees 'strong' deal with 'top-tier' carrier for post-panamax quartet

Photo: VesselFinder

Despite weak fundamentals and uncertainty in liner markets, ocean carriers are still prepared to commit to long-term charters for containerships that become open.

However, the dearth of available uncommitted tonnage is prompting ambitious owners with available funds to consider new ways of increasing their fleets and adding charter hire backlog revenue by way of purchase lease-back agreements.

Non-operating containership owner (NOO) Global Ship Lease (GSL) said yesterday it had agreed to purchase and charter back four 8,500 teu post-panamax ships to “a ...