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Saturday, September 13, 2025
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Home Container Shipping News

Global Ship lease declares series B dividend

September 13, 2025
in Container Shipping News, Logistics News, Maritime & Ocean News
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Global Ship Lease, a leading independent containership owner, has declared a cash dividend of US$0.546875 per depositary share for its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares.

The dividend covers the period from 1 July to 30 September 2025 and will be paid on 1 October 2025 to shareholders of record as of 24 September 2025. Each depositary share represents 1/100th interest in a Series B Preferred Share.

Global Ship Lease owns a diversified fleet of 69 mid-sized and smaller containerships, including 39 wide-beam Post-Panamax vessels. As of 30 June 2025, the fleet had an average age of 17.7 years weighted by TEU capacity. The company’s average remaining charter term is 2.1 years, with contracted revenue of US$1.73 billion, rising to US$2.23 billion when including charterer options.

Since its incorporation in December 2007 and listing on the NYSE in August 2008, Global Ship Lease has focused on fixed-rate charters to top-tier container liner companies, maintaining a stable and diversified portfolio.

The post Global Ship lease declares series B dividend appeared first on Container News.

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