Global Ship Lease delivered another quarter of strong results, driven by attractive charter signings and the addition of new vessels. The company increased its operating revenue by 9.7% and net income by 8.8% year-over-year, while also adding $397 million in contracted revenues during the first half of 2025. The company maintains a robust balance sheet and extensive forward charter cover, positioning it well despite a complex and volatile macro environment.
Global Ship Lease delivered solid Q1 2025 performance with EPS rising to $3.40, backed by increased charter revenues, vessel sales, and expanded contract coverage.
Global Ship Lease posted Q4 2024 revenue of $182.4 million, up 2% year-over-year. Net income surged to $90.2 million, reflecting higher vessel utilization and fleet expansion. Adjusted EBITDA stood at $123.7 million. The company added $884.8 million in contracted revenue and announced a dividend increase to $2.10 per share annually.