News / Impairment charges keep GSL floating in red ink for 2016

08/03/2017

Containership owner Global Ship Lease (GSL) posted a net loss of $68.2m for 2016, following a $32m deficit the previous year.

The blame, said the firm, rested with vessel impairment charges of $92.4m.

Revenue from time-charters went up slightly to $166.5m in the year, from $165m in 2015.

The value ...

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