Global Ship Lease (GSL) has released an update.
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Global Ship Lease, Inc. has received credit rating upgrades from Moody’s, S&P, and KBRA, reflecting its strategic focus on deleveraging and maintaining a low leverage strategy, while also securing revenue stability through long-term charter agreements. The upgrades acknowledge the company’s strong earnings, cash flow, and experienced management team, positioning it well in the mid-sized and smaller containership markets. CEO Thomas Lister expressed satisfaction with these improvements, emphasizing GSL’s resilient business model amidst uncertain geopolitical and economic conditions.
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