Clarksons Platou Securities sees a big upside for Global Ship Lease (GSL) stock after the shipowner bought seven veteran boxships for $116m.

The New York-listed company revealed on 9 February that it had acquired the unnamed 20-year-old 6,000-teu units with charters back to the undisclosed liner operators for three years, with two years of options.

Frode Morkedal, managing director of research at Clarksons Platou, said the deal was "clearly accretive".