Global Ship Lease closed the third quarter of 2026 with economic results up compared to the same period of the last year. The company, which is based in Athens and is listed on the New York Stock Exchange, recorded base time revenues charter for 194.9 million dollars, with an increase of +2.9% compared to €192.7 million in the third quarter of 2025, on revenues total of €201.4 million (+4.5%). The increase in revenues was mainly due to the effects of higher levels of tariff agreements obtained with the renewals of the rental contracts of the ships owned by the company and at the entry into its fleet of three ships acquired, partially offset by the sale of of the container ship Dimitris Y in the fourth quarter of 2025. Operating profit amounted to €103.3 million (+4.2%) and net profit at $101.5 million (+6.9%).

Operational efficiency also showed improvement: Fleet utilization rate was 96.6%, compared to 95.9% in the third quarter of last year, and days of unavailability of ships have dropped to 221 from the 263 of the third quarter of 2025 despite the increase in days dedicated to scheduled maintenance and basin works.

Considering the entire January-September 2026 period, revenues GSL's base time charters amounted to $579.0 million, up +2.4% compared to €565.6 million in the first nine months of 2025. Operating profit was €294.6 million (-10.6%) and net profit of €287.0 million (-8.5%). The result of the first nine months of 2025 benefited from capital gains of approximately €28.3 million of dollars from the sale of four ships.

Last month GSL signed an agreement for a new line of syndicated credit of one billion dollars. The financing, Signed by a consortium of eight banking institutions will be used to support the construction of of 15 new containerships ordered last June with orders worth a total of approximately $1.33 billion, and will be able to be used progressively in correspondence with deliveries of ships expected between the fourth quarter of 2028 and the first quarter of 2028. quarter of 2030.

As of September 30, the company's fleet consisted of 71 operational container ships and another 17 under construction. Among the The main charterers in GSL's fleet include Maersk, responsible for 29% of revenues in the first nine months of 2026, the CMA CGM with 20% of revenues, Hapag-Lloyd with 19% and MSC with the 15%, as well as COSCO/OOCL, ZIM, ONE and RCL.