Global Ship Lease owns and charters out containerships under fixed-rate charters to container liner companies globally. As of March 12, 2026, it owned 71 mid-sized and smaller containerships, ranging from 2,207 to 11,040 (TEU), with an aggregate capacity of 423,003 TEU. Founded in 2007, Global Ship Lease is based in Athens, Greece.
Global Ship Lease, Inc. (GSL) is a marine shipping company that owns and charters out containerships under fixed-rate charters to container liner companies around the world. As of March 12, 2026, the company owned a fleet of 71 mid-sized and smaller containerships, with capacities ranging from 2,207 to 11,040 twenty-foot equivalent units (TEU). The aggregate capacity of its fleet is 423,003 TEU. By providing vessels on long-term, fixed-rate charters, Global Ship Lease generates stable revenue streams from leading container liner operators, which use the ships to transport containerized cargo across global trade routes.
Where is Global Ship Lease (GSL) listed and what currency does it use?
Global Ship Lease, Inc. (GSL) is listed on the New York Stock Exchange (NYSE) under the ticker symbol GSL. The company trades in U.S. dollars (USD), which is its reporting currency. Being listed on a major U.S. exchange provides liquidity and visibility to a broad base of international investors, while the use of USD aligns with the global nature of the shipping industry, where charter contracts and operating expenses are often denominated in dollars.
What sector and industry does Global Ship Lease (GSL) belong to?
Global Ship Lease, Inc. (GSL) operates in the Industrials sector, specifically within the Marine Shipping industry. This classification reflects the company's core business of owning and operating containerships, which are essential assets for global trade. As a marine shipping company, GSL provides transportation services for containerized goods, linking manufacturers, suppliers, and consumers across continents. The Industrials sector encompasses companies involved in transportation, infrastructure, and industrial services, making marine shipping a key subsector that facilitates international commerce.
Where is Global Ship Lease (GSL) headquartered and what is its background?
Global Ship Lease, Inc. (GSL) is headquartered in Athens, Greece, and was founded in 2007. The company's location in Greece, a traditional maritime hub, provides access to a deep pool of shipping expertise and a favorable business environment for ship owners. With a fleet of 71 containerships as of March 12, 2026, GSL focuses on mid-sized and smaller vessels, which are well-suited for a variety of trade routes and customer needs. The company's long history in the industry, combined with its strategic base in Athens, positions it as a reliable partner for container liner companies seeking stable charter arrangements.
How does Global Ship Lease (GSL) generate revenue?
Global Ship Lease, Inc. (GSL) generates revenue by chartering out its containerships to container liner companies under fixed-rate charters. This business model provides predictable, long-term income streams, as the charter rates are agreed upon upfront and typically cover multi-year periods. The company's fleet of 71 mid-sized and smaller containerships, with capacities from 2,207 to 11,040 TEU and an aggregate capacity of 423,003 TEU, is deployed to serve major liner operators. By owning a modern and diversified fleet, GSL can meet the specific needs of its customers, such as route optimization and cargo volume requirements, while minimizing exposure to spot market volatility.
At the 2026 Annual Meeting of Shareholders held on June 17, 2026, shareholders elected directors Michael S. Gross, Menno van Lacum and Alain Wils, ratified PricewaterhouseCoopers as auditor, and approved the Second Amended and Restated Articles of Incorporation.