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Global Ship Lease exercises option to build two containerships for $163M

Seeking Alpha ·

Seeking Alpha reports: Global Ship Lease slips 1.7% in Tuesday's trading after saying it exercised options to build two additional mid-size containerships for a combined $163M contract price, raising its newbuilding orderbook to 17 ships. The two vessels are described as ultra-high-reefer, wide-beam, latest-generation containerships scheduled for delivery in Q4 2029, designed and specified to ensure a superior fit for existing and anticipated future market needs, the company said. Global…

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