Global Ship Lease reported first-quarter earnings that blew past analyst expectations, as the company worked to capitalise on a rising boxship charter market in a volatile freight environment.
The New York-listed container ship owner reported net income of $89.5m in the latest quarter, which was up from $72.2m in the first three months of 2023.
With items typically excluded by analysts factored out, normalised net income rose 17.9%
