v3.26.1
Description of Business (Tables)
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Business - Schedule of Vessels (Table)

           
Company Name (1) Country of Incorporation Vessel 
Name
Capacity in TEUs (2) Year
Built
Earliest Charter Expiry Date 
Global Ship Lease 54 LLC Liberia CMA CGM Thalassa 11,040 2008 3Q28
Laertis Marine LLC Marshall Islands Zim Norfolk 9,115 2015 2Q32 (4)
Penelope Marine LLC Marshall Islands Zim Xiamen 9,115 2015 3Q32 (4)
Telemachus Marine LLC Marshall Islands Anthea Y 9,115 2015 4Q28
Global Ship Lease 78 LLC (3) Liberia Sydney Express 9,019 2016 3Q27 (5)
Global Ship Lease 79 LLC (3) Liberia Istanbul Express 9,019 2016 3Q26 (5)
Global Ship Lease 77 LLC (3) Liberia Bremerhaven Express 9,019 2015 2Q27 (5)
Global Ship Lease 76 LLC (3) Liberia Czech 9,019 2015 4Q26 (5)
Global Ship Lease 53 LLC Liberia MSC Tianjin 8,603 2005 3Q30 (6)
Global Ship Lease 52 LLC Liberia MSC Qingdao 8,603 2004 4Q30 (6)
Global Ship Lease 43 LLC Liberia GSL Ningbo 8,603 2004 3Q30 (6)
Global Ship Lease 72 LLC Liberia GSL Alexandra 8,599 2004 2Q28 (7)
Global Ship Lease 73 LLC Liberia GSL Sofia 8,599 2003 3Q28 (7)
Global Ship Lease 74 LLC Liberia GSL Effie 8,599 2003 3Q28 (7)
Global Ship Lease 75 LLC Liberia GSL Lydia 8,599 2003 2Q28 (7)
Global Ship Lease 80 LLC Liberia Lotus A 8,586 2010 2Q26 (8)
Global Ship Lease 81 LLC Liberia Koi 8,586 2011 1Q26 (8)
Global Ship Lease 30 Limited Marshall Islands GSL Eleni 7,847 2004 4Q27 (9)
Global Ship Lease 31 Limited Marshall Islands GSL Kalliopi 7,847 2004 1Q28 (9)
Global Ship Lease 32 Limited Marshall Islands GSL Grania 7,847 2004 1Q28 (9)

 

  

 

1. Description of Business (continued)

 

           
Company Name (1) Country of Incorporation Vessel
Name
Capacity in TEUs (2) Year Built Earliest Charter 
Expiry Date
Alexander Marine LLC Marshall Islands Colombia Express 7,072 2013 4Q28 (10)
Hector Marine LLC Marshall Islands Panama Express 7,072 2013 4Q29 (10)
Ikaros Marine LLC Marshall Islands Costa Rica Express 7,072 2013 2Q29 (10)
Philippos Marine LLC Marshall Islands Nicaragua Express 7,072 2013 3Q29 (10)
Global Ship Lease 48 LLC Liberia CMA CGM Berlioz 7,023 2001 3Q29 (11)
Aristoteles Marine LLC Marshall Islands Mexico Express 6,918 2015 3Q29 (10)
Menelaos Marine LLC Marshall Islands Jamaica Express 6,918 2015 3Q29 (10)
Global Ship Lease 35 LLC Liberia GSL Nicoletta 6,858 2002 1Q28
Global Ship Lease 36 LLC Liberia GSL Christen 6,858 2002 4Q27
Leonidas Marine LLC Marshall Islands Agios Dimitrios 6,572 2011 3Q30 (6)
Global Ship Lease 33 LLC Liberia GSL Vinia 6,080 2004 1Q28 (12)
Global Ship Lease 34 LLC Liberia GSL Christel Elisabeth 6,080 2004 1Q28 (12)
GSL Arcadia LLC Liberia GSL Arcadia 6,008 2000 1Q29 (13)
GSL Melita LLC Liberia GSL Melita 6,008 2001 3Q29 (13)
GSL Maria LLC Liberia GSL Maria 6,008 2001 1Q30 (13)
GSL Violetta LLC Liberia GSL Violetta 6,008 2000 1Q29 (13)
GSL MYNY LLC Liberia GSL MYNY 6,008 2000 1Q29 (13)
GSL Tegea LLC Liberia GSL Tegea 5,994 2001 3Q29 (13)
GSL Dorothea LLC Liberia GSL Dorothea 5,994 2001 3Q29 (13)
Drake Marine LLC Marshall Islands Ian H 5,936 2000 4Q27
Global Ship Lease 68 LLC (3) Liberia GSL Kithira 5,470 2009 4Q27
Global Ship Lease 69 LLC (3) Liberia GSL Tripoli 5,470 2009 3Q27
Global Ship Lease 70 LLC (3) Liberia GSL Syros 5,470 2010 4Q27
Global Ship Lease 71 LLC (3) Liberia GSL Tinos 5,470 2010 3Q27
Zeus One Marine LLC Marshall Islands Orca I 5,308 2006 3Q28
Hephaestus Marine LLC Marshall Islands Dolphin II 5,095 2007 1Q28
Global Ship Lease 47 LLC Liberia GSL Château d’If 5,089 2007 4Q29 (14)
GSL Alcazar Inc. Marshall Islands CMA CGM Alcazar   5,089 2007 3Q29 (14)
Global Ship Lease 55 LLC Liberia GSL Susan 4,363 2008 3Q27
Global Ship Lease 50 LLC Liberia CMA CGM Jamaica    4,298 2006 1Q28
Global Ship Lease 49 LLC Liberia CMA CGM Sambhar 4,045 2006 1Q28
Global Ship Lease 51 LLC Liberia CMA CGM America   4,045 2006 1Q28
Global Ship Lease 57 LLC Liberia GSL Rossi 3,421 2012 1Q26
Global Ship Lease 58 LLC Liberia GSL Alice 3,421 2014 2Q28
Global Ship Lease 60 LLC Liberia GSL Eleftheria 3,421 2013 3Q28
Global Ship Lease 59 LLC Liberia GSL Melina 3,404 2013 4Q26
Pericles Marine LLC Marshall Islands Athena 2,980 2003 2Q27
Global Ship Lease 61 LLC Liberia GSL Mercer 2,824 2007 1Q27
Global Ship Lease 62 LLC Liberia GSL Mamitsa 2,824 2007 1Q28
Global Ship Lease 63 LLC Liberia GSL Lalo 2,824 2006 2Q27
Global Ship Lease 42 LLC Liberia GSL Valerie 2,824 2005 2Q27
Global Ship Lease 64 LLC Liberia GSL Elizabeth 2,741 2006 2Q26
Athena Marine LLC Marshall Islands Newyorker 2,635 2001 2Q27
Aphrodite Marine LLC Marshall Islands Nikolas 2,635 2000 4Q26
Global Ship Lease 65 LLC Liberia GSL Chloe 2,546 2012 1Q27
Global Ship Lease 66 LLC Liberia GSL Maren 2,546 2014 2Q28 (15)
Aris Marine LLC Marshall Islands Maira 2,506 2000 1Q27
Global Ship Lease 38 LLC Liberia Manet 2,288 2001 3Q26
Global Ship Lease 45 LLC Liberia Kumasi 2,220 2002 4Q26
Global Ship Lease 41 LLC Liberia Julie 2,207 2002 3Q27

  

 

 

1. Description of Business (continued)

 

(1) All subsidiaries are 100% owned, either directly or indirectly;  
(2) Twenty-foot Equivalent Units;
(3) Currently, under a sale and leaseback transaction (see Note 2q);
(4) Zim Norfolk and Zim Xiamen were forward extended for 60 – 63 months. The extensions are expected to commence between 2Q-3Q 2027;
(5) Sydney Express, Istanbul Express and Bremerhaven Express delivered in 4Q 2024. Czech, the fourth vessel was delivered on January 9, 2025. Firm charters are followed by three 12-month extension periods at charterer’s option. Bremerhaven Express and Sydney Express options were exercised in 3Q 2025;
(6) MSC Tianjin, MSC Qingdao, Agios Dimitrios and GSL Ningbo were forward fixed in direct continuation for 36 – 38 months. The new charters are expected to commence between 3Q-4Q 2027. MSC Qingdao & Agios Dimitrios are fitted with Exhaust Gas Cleaning Systems (“scrubbers”);
(7) GSL Alexandra, GSL Sofia, GSL Lydia and GSL Effie. Firm charters are followed by one year extension period at charterer’s option. GSL Sofia and GSL Effie options were exercised in January 2025. GSL Alexandra and GSL Lydia options were exercised in February 2025. The vessels were forward fixed for 24 months +/- 30 days. The new charters are expected to commence between 2Q-3Q 2026;
(8) Lotus A and Koi. The charters have flexible durations, with latest redeliveries in mid-2030;
(9) GSL Eleni, GSL Kalliopi and GSL Grania were forward fixed for 35 – 38 months to commence after drydocking, after which the charterer has the option to extend each charter for a further 12 – 16 months;
(10) Colombia Express (ex-Mary), Panama Express (ex-Kristina), Costa Rica Express (ex-Katherine), Nicaragua Express (ex-Alexandra), Mexico Express (ex-Alexis), Jamaica Express (ex-Olivia I). Firm charters are followed by two twelve-month extension periods at charterer’s option;
(11) CMA CGM Berlioz was forward fixed for 36 – 38 months. The new charter is expected to commence in 3Q 2026;
(12) GSL Vinia and GSL Christel Elizabeth are chartered for 36 – 40 months, after which the charterer has the option to extend each charter for a further 12 – 15 months. The new charters both commenced in 1Q 2025;
(13) GSL Maria, GSL Violetta, GSL Arcadia, GSL MYNY, GSL Melita, GSL Tegea and GSL Dorothea. Contract cover for each vessel is for a firm period of at least three years from the date each vessel was delivered in 2021. Thereafter, the charterer has the option to extend each charter for a further 12 months, after which they have the option to extend each charter for a second time – for a period concluding immediately prior to each respective vessel’s 25th year drydocking and special survey. The first extension options have been exercised for all seven ships. Second extension options were exercised in January 2025 for GSL Dorothea, GSL Arcadia, GSL Melita and GSL Tegea, in April 2025 for GSL MYNY and in September 2025 for GSL Maria. The vessels were forward fixed for 36 – 38 months. The new charters are expected to commence between 1Q 2026 and 1Q 2027;
(14) GSL Château d’If and CMA CGM Alcazar were forward fixed for 36 – 38 months. The new charters are expected to commence between 3Q-4Q 2026;
(15) GSL Maren was forward fixed in direct continuation for 24 – 26 months. The new charter is expected to commence in 2Q 2026.