Neptune Maritime Leasing Ltd., Jersey (“Neptune”), announced today, it has concluded a sale and leaseback transaction with a subsidiary of Global Ship Lease, Inc. (“GSL”), a NYSE-listed containership owner.
This is GSL’s first sale and leaseback financing transaction and was used for the financing of M/V GSL Violetta, which is subject to a long-term charter with Maersk Line A/S.
Founded in 2007 and NYSE-listed, GSL is a leading independent owner with a diversified fleet of mid-sized and smaller containerships which are chartered under fixed-rate time charters to top tier container liner companies.
Neptune is a growth-oriented maritime leasing platform with the mission to provide shipowners with access to a flexible financing tool and investors with secure access to an under-invested asset class and attractive real yield.
Anastasios Psaropoulos, Chief Financial Officer at GSL, said: “This is the first sale and leaseback financing transaction in GSL’s history and the first transaction for Neptune. We hope that more will come and we would like to express our thanks to all the parties involved for their hard work in getting the transaction over the line”.
Harris Antoniou, Founder and Managing Director at Neptune, said: “We are delighted to have concluded this transaction with such distinguished names in the maritime community and expect this to be a precursor of more to come. We firmly believe that our leasing solutions will assist owners achieve their growth plans in this exciting market. We would like to express our appreciation to GSL for trusting us with their business and thank all parties involved for their commitment in the process”.
For more information please contact:
Neptune Maritime Leasing
Investor Relations / Media Advisor
Capital Link – New York