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Global Ship Lease: Q2 Earnings Snapshot

Global Ship Lease: Q2 Earnings Snapshot
sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.

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Global Ship Lease: Q1 Earnings Snapshot

Global Ship Lease: Q1 Earnings Snapshot
May 13, 2021
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MAJURO, Marshall Islands (AP) Global Ship Lease Inc. (GSL) on Wednesday reported first-quarter profit of $5.6 million.
The Majuro, Marshall Islands-based company said it had profit of 13 cents per share. Earnings, adjusted for non-recurring costs, came to 55 cents per share.
The containership owner posted revenue of $73 million in the period.
Global Ship Lease shares have climbed 26% since the beginning of the year. The stock has more than tripled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSL at https://www.zacks.com/ap/GSL ....

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Word Baskets and Witness Bearing: A Talk Story with Julian Aguon and Kathy Jetñil-Kijiner

Word Baskets and Witness Bearing: A Talk Story with Julian Aguon and Kathy Jetñil-Kijiner
eastwestcenter.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastwestcenter.org Daily Mail and Mail on Sunday newspapers.

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Security For Shipping Dispute Improper, Coal Co. Says

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Security For Shipping Dispute Improper, Coal Co. Says
Law360 (February 5, 2021, 9:34 PM EST) Xcoal Energy and Resources asked a New York federal judge to vacate an order granting a request by a Marshall Islands-based shipping company to seize nearly $6 million as security in an ongoing dispute over coal shipments, arguing basic requirements for that security aren t met.
Xcoal said Thursday that the Feb. 1 order establishing the security can only remain in place in part when a defendant is not found within the district. Xcoal, however, said the company qualifies as being found in New York state, according to the motion to vacate the writ of attachment filed Thursday. ....

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Shipper Asks Judge To Seize $6M In Coal Co.'s Assets

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Shipper Asks Judge To Seize $6M In Coal Co. s Assets
Law360 (January 29, 2021, 6:34 PM EST) A Marshall Islands-based shipping company asked federal judges in New York and Texas for permission to seize nearly $6 million from its former business partner in an attempt to force it to arbitrate a dispute over undelivered shipments of coal.
In a pair of complaints filed Wednesday in New York and Friday in Houston, Classic Maritime accused XCoal Energy and Resources, which is based in Pennsylvania but maintains bank accounts and other assets in New York City and Houston, of reneging on an agreement to ship over 800,000 tons of coal to Korea worth over $7 million. ....

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