A writedown on axed ship purchases and a loss on derivates devoured “record revenues” to send containership owner Global Ship Lease to a full-year deficit.
The New York-quoted company did, however, report strong ulitisation figures despite one ship having to take a week-long detour to take care of a sick crew member.
GSL, which charters all of its 17 ships to France’s CMA CGM, in November quashed the intended purchase of a pair of 4,250-teu newbuildings for nearly $155m as it could not provide the financing.
