Recent Updates — GSL
Global Ship Lease has agreed to a $1 billion seven-year syndicated loan facility bearing an interest rate of SOFR plus 1.5%. The oversubscribed eight-bank facility is led by Bank of America and includes Bank of China (Hong Kong), KfW IPEX, ABN-AMRO, CTBC, CaixaBank, BOCOM (HK), and First Citizens Bank. The company intends to draw on the facility in tranches corresponding to the delivery of 15 newbuildings scheduled between late 2028 and 2030. Global Ship Lease is a leading independent owner and lessor of containerships.
Global Ship Lease, Inc. has exercised options to construct two additional mid-size, ultra-high-reefer, wide-beam containerships for an aggregate contract price of approximately $163 million. The vessels are scheduled for delivery in the fourth quarter of 2029, bringing the company's total newbuilding orderbook to 17 ships. Global Ship Lease is a leading independent owner and lessor of mid-sized containerships.
On June 24, 2026, Global Ship Lease, Inc. announced it has agreed to individual newbuilding contracts for five additional mid-size, ultra-high-reefer, wide-beam, latest-generation containerships, subject to certain conditions precedent. The company operates in the shipping industry and owns and operates containerships.
On June 17, 2026, Global Ship Lease, Inc. held its Annual Meeting of Shareholders, where shareholders elected Michael S. Gross, Menno van Lacum, and Alain Wils as Term III Directors, ratified PricewaterhouseCoopers S.A. as the independent auditor for fiscal year 2026, and approved the Second Amended and Restated Articles of Incorporation. Additionally, the company announced on June 16, 2026, that its credit ratings were affirmed and its outlook was upgraded. The company operates in the shipping industry and owns and operates containerships.
Global Ship Lease, Inc. declared a quarterly dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares. The company operates in the maritime shipping industry, specifically focusing on containership shipping services. containership shipping services.