Global Ship Lease (GSL) Reports $917M in Newbuilding Contracts for 10 Containerships

On June 5, 2026, Global Ship Lease, Inc. (NYSE:GSL) agreed to newbuilding contracts for 10 mid-size, ultra precocious reefer containerships. It is valued astatine astir $917 million, with deliveries scheduled betwixt Q4 2028 and Q1 2030. The institution said the vessels transportation multi-year charters averaging 6.7 years, expected to person astir $665 cardinal successful aggregate adjusted EBITDA.

On May 22, 2026, Global Ship Lease, Inc. (NYSE:GSL) reported Q1 results with gross of $198.1 cardinal and nett income of $91.4 million, oregon $2.54 per share. It besides had an adjusted EBITDA of $133.2 million. The steadfast announced $86.1 cardinal successful contracted revenues, bringing full contracted gross to $2.05 cardinal with a 2.6-year weighted duration.

Executive Chairman George Youroukos said the institution achieved "100% sum for 2026 and 86% for 2027," with stronger request and rising bunker costs, tightening vas supply. CEO Thomas Lister added that the steadfast maintained a "fortress equilibrium sheet."

Global Ship Lease, Inc. (NYSE:GSL), on with its subsidiaries, owns and leases containerships nether fixed-rate charters to instrumentality shipping companies globally.

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