Global Ship Lease, Inc. Announces Board Appointments
May 12, 2014 at 04:15 pm EDT
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Global Ship Lease, Inc. announced the appointment of Alain Wils and John van de Merwe to the company's Board of Directors, increasing the Board to six members. Mr. Wils and Mr. van de Merwe were appointed by the existing Board of Directors following their nomination by the company's shareholder, CMA CGM. Mr. Wils currently serves as a consultant in the shipping and logistics industries, with more than 40 years of experience.
After serving as Chairman and CEO of Sceta International, Mr. Wils was a Managing Director and then Executive Board member of CMA CGM from 1996 to 2008. Mr. van de Merwe provides consultancy services in transportation and logistics, also with more than 40 years of industry experience. Following a 28-year tenure at Sea-Land Service Inc, serving in various executive capacities in the United States and Europe, Mr. van de Merwe served from 2000-2006 as President and CEO of CMA CGM (America).
Global Ship Lease, Inc. is a United Kingdom-based containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. The Company focuses on mid-size Post-Panamax and smaller containerships. As a containership owner, its business is both procyclical with chartered tonnage and counter-cyclical with sale and lease-back structures. The Company owns 68 containerships, ranging from 2,207 to 11,040 TEU, with a combined capacity of 375,406 TEU. 36 ships are wide beam Post-Panamax. The mix of ship sizes within its fleet provides flexibility to deploy its vessels on a range of trading routes. Its portfolio of vessels includes CMA CGM Thalassa, ZIM Norfolk, Anthea Y, ZIM Xiamen, MSC Tianjin, MSC Qingdao, GSL Ningbo, GSL Alexandra, GSL Effie, GSL Lydia, GSL Sofia, GSL Kalliopi, GSL Grania, GSL Eleni, Mary, Kristina, Katherine, Alexandra, Alexis, Olivia I, CMA CGM Berlioz, Agios Dimitrios, and GSL Christel Elisabeth, among others.