Thomas A. Lister
and you, financially shows Please the highlights our charter George. which to Slide diversification X, strong turn Thank and of charters. portfolio
XX, years remaining September of contracted in have $X.X contract billion of we X.X revenues, As over cover.
approximately million mentioned, added XX in $XXX months revenues. contracted we As the first of the of charters year, X for
in a milk continue use analogy, to So our to we cow well-worn fleet. the cash
some of upgrades are back relevant them often and their XXs, reduce those the lucrative. fixtures to ships recent the and their keep on commercially footprint of And to and carbon retrofits in
to possible. availability capital attractive cash But the is long and is means both either cyclical opportunities powering for purchase the the as increasingly the your expensive state much flows. to on fleet renewal us This allocation. brings Often, at a limited time or assets. of be depreciating in have renewal cycle tend both. the when capitalize that at disciplined, become capital Slide however ships be are we selective or shipping economic most future integral cycle, to you need lives, to stretch to and optionality nimble That the fact To the X, is obvious, that disposal neatly and growth will our fleet as
this time. of need sheet to in and buyers cycle the optionality move and or a back returns the strong quickly shipping I'll the in right minute optionality resources access we to outsized at the a X. balance Cash context binds to So point come
have X in total mentioned our of the -- in GSL buy-and-hold by remarks, illustratively XXX allocation S&P This George dividend is to for contributed superior as outperformed are his cycle. dividend radar, and our which September share. return than investment total long-term build it and $X.XX for and, TSR more way, our shareholder has the in for September FactSet other is sourced of who've this metrics a an year, on GFL those the we value investors. capital place component Xx of now share the rates both values. are their even an always buybacks, levers, taking approach, of more long-term over XX, investors annualized who returns methodology. the a in By traded conservative delevering XXXX. years opening has charter the and shareholder time in from X dividend asset through also assume provides And our reinvestment dividend. view per of dividends meantime, supplemental including our to In over With a proposition equity value important in course, Slide
today, we COVID-driven in part as high, didn't shares. through dividends ship charters the the back to a values single rates continued drive overheated chart, buy but During investors that buying the basically of were and capital and orange we to at asset cash flows return locked have
have rates significantly at see, And once can to again, on you in capitalized As more firmed great XXXX. charters we have dynamics rates. in lock market
With would move But in selective pass our Tasos? line the the and our I'll opportunistic with financials. expect comments approach will Tasos need opportunities. on only the if remain in and constantly for will and As our growth, purchase arise. long-term disciplined, that, for market call scanning we oriented earlier right you opportunities we're and to to the fleet renewal discuss