Global Ship Lease (GSL), a company chartering a fleet of 69 owned container ship, closed the second quarter of 2025 with record revenues of $191.9 million, with a increase of +9.6% over the same period last year and a increase of 884 thousand dollars compared to the previous record set in the first quarter of 2025. In the period April-June of This year, base Time Charter revenues amounted to 188.5 million (+8.7%). Operating profit amounted to 101.8 million (+8.4%) and net profit at $95.4 million (+8.4%).

Commenting on these results, GSL's Executive Chairman, George Youroukos, announced that in the first half of 2025 The company has entered into rental contracts worth of almost 400 million dollars, raising the contracted turnover of 1.73 billion dollars and ensuring 96% contract coverage for 2025 and 96% for 2026 equal to 75%. As of March 31, the largest share of the 1.87 billion of dollars of contracted revenues was towards the German shipping company Hapag-Lloyd (27% of the total) followed by Denmark's Maersk (25%), French CMA CGM (18%), the Swiss MSC (13%), the Israeli ZIM (8%), the Chinese COSCO/OOCL (7%) and the Singaporean ONE (2%).

Youroukos stressed that the future prospects for the activities of the GSL are also promising in view of the of the current world scenario. "In the volatile context following Liberation Day at the beginning of April, which in turn preceded by a surge in freight shipments aimed at anticipating the imminent tariffs - he explained, referring to the day when the US President Donald Trump has announced a programme of application of "reciprocal duties" ( of 3 April 2025) - and the freight transport market that of freight rates have experienced a sort of void of air, as supply chain parts have focused almost exclusively on solving short-term tactical challenges by suspending long-term commitments related to the transport capacity or capital beyond what seemed necessary for the immediate future. Meanwhile, with the recent cautious optimism about the Red Sea and a potential path to normalization that have been undermined by multiple attacks Houthis, it seems likely that the extensive detour around the Cape of Good Hope will continue to extend the duration of journeys, while macroeconomic volatility continues to affect supply chain efficiency, thus increasing the number of of ships necessary to carry a certain quantity of goods. Given these dynamics, as well as the continuous reaction of ups and downs in freight transport demand to taxation, to the modification or postponement of duties, we are extremely pleased to have a wide coverage of forward freight rates, a budget and a fleet that offers our customers the flexibility and the options they need."

In the entire first half of 2025, GSL's revenues amounted to $382.8 million, up +8.0% on the previous year. first half of last year, of which 376.3 million generated rental contracts (+7.0%). Operating profit was of €230.3 million (+20.6%) and net profit of €218.8 million dollars (+21.6%).