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Global Ship Lease Files its Annual Report for 2025 on Form 20-F
Globenewswire· 2026-03-20 21:40
Core Viewpoint - Global Ship Lease, Inc. has filed its Annual Report on Form 20-F for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission, highlighting its operational and financial performance [1]. Company Overview - Global Ship Lease is an independent owner of containerships, operating a diversified fleet of mid-sized and smaller vessels since its inception in December 2007 [3]. - The company was listed on the New York Stock Exchange in August 2008 [3]. Fleet and Operations - As of December 31, 2025, the company operated a fleet of 71 vessels, with an average age weighted by TEU capacity of 17.9 years, including 41 wide-beam Post-Panamax ships [4]. - The company has recently acquired a vessel named Cypress, delivered in January 2026 [4]. Charter Agreements and Revenue - The average remaining term of the company's charters, on a TEU-weighted basis, was 2.7 years, with contracted revenue amounting to $2.24 billion [5]. - Including options under charterers' control, the total contracted revenue was $2.77 billion, representing a weighted average remaining term of 3.6 years [5].