Global Ship Lease exercises conditional ~$163M ship options
The vessels are scheduled for fourth-quarter 2029 delivery, while Global Ship Lease discusses their post-delivery employment with prospective charterers.
Sentiment and the balance of points
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Form Type
6-K
Rhea-AI Filing Summary
Global Ship Lease, Inc. exercised options, subject to certain conditions precedent being met, to build two additional mid-size, ultra-high-reefer, wide-beam, latest-generation containerships for an aggregate contract price of approximately $163 million. The vessels are scheduled for delivery in the fourth quarter of 2029, and the company is discussing their employment upon delivery with prospective charterers.
With the additional vessels, the company said its newbuilding orderbook is 17 ships. As of June 30, 2026, its operating fleet was 71 containerships, including 41 wide-beam Post-Panamax ships, and 15 newbuildings were under construction with scheduled deliveries from the fourth quarter of 2028 through the first quarter of 2030. The fleet’s average age, weighted by TEU capacity, was 18.4 years.
Key Figures
Aggregate contract price: Approximately $163 million
Additional containerships: 2 ships
Scheduled delivery: Fourth quarter of 2029
+4 more
7 metrics
Aggregate contract price
Approximately $163 million
Two additional containerships
Additional containerships
2 ships
Options exercised subject to certain conditions precedent being met
Scheduled delivery
Fourth quarter of 2029
Additional containerships
Newbuilding orderbook
17 ships
Including the additional containerships
Operating fleet
71 containerships
As of June 30, 2026
Newbuildings under construction
15 ships
As of June 30, 2026
Average fleet age
18.4 years
Weighted by TEU capacity
Key Terms
ultra-high-reefer, wide-beam Post-Panamax, TEU-weighted basis
3 terms
ultra-high-reefer technical
"mid-size, ultra-high-reefer, wide-beam, latest-generation containerships"
wide-beam Post-Panamax technical
"41 ships are wide-beam Post-Panamax"
TEU-weighted basis technical
"3.3 years on a TEU-weighted basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the contract price for GSL’s two additional containerships?
Global Ship Lease exercised options to build two additional containerships for an aggregate contract price of approximately $163 million, subject to certain conditions precedent being met.
When are GSL’s additional containerships scheduled for delivery?
The two additional containerships are scheduled for delivery in the fourth quarter of 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number: 001-34153
GLOBAL SHIP LEASE, INC.
(Translation of registrant’s name into English)
c/o GSL Enterprises Ltd.
9 Irodou Attikou Street
Kifisia, Athens
Greece, 14561
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
Attached to this Report on Form 6-K (this “Report”) as Exhibit 99.1 is a copy of the press release of Global Ship Lease, Inc. (the “Company”), dated October 6, 2026, announcing that
it has exercised options for the construction of two additional mid-size, ultra-high-reefer, wide-beam, latest-generation containerships.
The information contained in this Report, except for the commentary of George Youroukos contained in Exhibit 99.1, is hereby incorporated by reference
into the Company’s registration statements on Form F-3 (File Nos. 333-231509 and 333-290461) and on Form S-8 (File Nos. 333-258992, 333-264113 and 333-294357).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
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GLOBAL SHIP LEASE, INC.
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(Registrant)
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Dated: October 7, 2026
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By:
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/s/ Thomas Lister
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Thomas Lister
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Chief Executive Officer
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Exhibit 99.1
Investor and Media Contact:
IGB Group
Bryan Degnan
646-673-9701
or
Leon Berman
212-477-8438
Global Ship Lease Announces Exercise of Newbuild Options
Company exercises options for two additional, attractively priced mid-size newbuildings delivering 4Q29
ATHENS, Greece, Oct. 6, 2026 – Global Ship Lease, Inc. (NYSE:GSL) (the “Company” or “Global Ship Lease”), a containership owner and lessor, today
announced that, subject to certain conditions precedent being met, the Company has exercised options to build two additional mid-size, ultra-high-reefer, wide-beam, latest-generation containerships (the “Additional Newbuilds”) for an aggregate
contract price of approximately $163 million. These highly flexible ships have been designed and specified to ensure a superior fit for existing and anticipated future market needs. The Additional Newbuilds are scheduled to be delivered in the fourth
quarter of 2029, and the Company is in discussions with prospective charterers regarding their employment upon delivery. With these Additional Newbuilds, the Company’s newbuilding orderbook is 17 ships.
George Youroukos, Executive Chairman of Global Ship Lease, commented: “We are strong believers in the value proposition of high specification, highly
flexible, mid-sized containerships and expect them to play a crucial role for our industry for many years to come. By exercising these additional newbuild options, we are very pleased to be growing our exposure to this increasingly valuable vessel
class on attractive terms agreed earlier this year and at prices no longer available in the market for comparably specified ships with 2029 deliveries.”
About Global Ship Lease
Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in
the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies. It was listed on the New York Stock Exchange
in August 2008.
Our operating fleet of 71 containerships as of June 30, 2026, had an average age weighted by TEU capacity of 18.4 years. 41 ships are wide-beam
Post-Panamax. As of June 30, 2026, our fleet also included 15 newbuilding containerships under construction with scheduled deliveries between the fourth quarter of 2028 and the first quarter of 2030 (the “Initial Newbuilds”).
As of June 30, 2026, the average remaining term of the Company’s charters, to the mid-point of redelivery, including options under the Company’s
control and other than if a redelivery notice has been received, including the Initial Newbuilds, was 3.3 years on a TEU-weighted basis. Contracted revenue on the same basis was $3.2 billion. Contracted revenue was $4.1 billion, including options
under charterers’ control and with latest redelivery date, representing a weighted average remaining term of 4.4 years.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements provide the Company’s current expectations or forecasts of future
events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as “anticipate,” “believe,”
“continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of
these words does not necessarily mean that a statement is not forward-looking. These forward-looking statements are based on assumptions that may be incorrect, and the Company cannot assure you that the events or expectations included in these
forward-looking statements will come to pass. Actual results could differ materially from those expressed or implied by the forward-looking statements as a result of various factors, including the factors described in “Risk Factors” in the
Company’s Annual Report on Form 20-F and the factors and risks the Company describes in subsequent reports filed from time to time with the U.S. Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking
statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to reflect the
occurrence of unanticipated events.