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Container Ship Scores ‘Off The Charts,’ ‘Fantasy’ Charter Rate: $135,000/Day

In a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs). "Charter rates for short employment … have gone out of control," said Alphaliner in its new weekly report.

ATCO

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Global Ship Lease: Q1 Earnings Insights

  Shares of Global Ship Lease (NYSE:GSL) moved higher by 0.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 16.95% year over year to $0.49, which missed the estimate of $0.51.

GSL

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Earnings Scheduled For May 10, 2021

  Companies Reporting Before The Bell • Revlon (NYSE:REV) is likely to report earnings for its first quarter. • Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter.

ACEL