
In the first quarter of 2026, Global Ship Lease, a company
chartering its own fleet of container ships currently
consisting of 71 units for a load capacity of
423 thousand TEUs, again recorded record revenues of 198.1
million dollars, with an increase of +3.7% over the same period
of last year, of which 191.8 million in base time charter revenues
(+2,2%).
Commenting on the quarterly performance, the Executive Chairman
of GSL, George Youroukos, noted that, 'with the
persistent de facto closure of the Strait of Hormuz, the
Fragmented supply chains have become even more complex
and dynamic, increasing both aggregate demand for container ships
and the value of flexibility and elasticity
operational. The significant increase in fuel costs has
induced shipowners who bear these costs to slow down
ships to reduce fuel consumption, reducing
the real supply of ships on the charter market.
Thanks to a highly flexible and well-equipped fleet, in
ability to meet the needs of flexibility and capacity
of adaptation of shipping companies - underlined
Youroukos - we have continued to increase our coverage with rentals
at attractive rates. We now have 100% coverage for
2026 and 86% for 2027, for a total of over two billion
of dollars of contracted revenues in 2.6 years. This broad
Long-term visibility into the generation of data flows
cash register, combined with our highly demanded fleet and
to a prudent and opportunistic strategy, puts us in a position
to create value throughout the economic cycle and in
an increasingly unpredictable global context".
In the first three months of 2026, the value of operating profit was
Profit of $97.4 million, down -24.2% on the previous year.
corresponding period of 2025, and that of net profit of 93.8
million (-24.0%).