Global Ship Lease said it exercised options to build two additional mid-size containerships for a combined $163M contract price, lifting its newbuilding orderbook to 17 ships. The two vessels are ultra-high-reefer, wide-beam, latest-generation containerships scheduled for delivery in Q4 2029. The company said it is in discussions with prospective charterers about employment of the two ships upon delivery, while the first 15 ships in its nearly $1.5B newbuilding program have already secured fixed multi-year charters. Those initial 15 ships are due between Q4 2028 and Q1 2030 on contracts carrying a TEU-weighted average firm period of 7.1 years and are expected to generate more than $1B in adjusted EBITDA. As of June 30, Global Ship Lease operated a fleet of 71 containerships, 41 of them wide-beam post-panamaxes.
Global Ship Lease IncGlobal Ship Lease exercised options to build two more containerships for $163M, expanding its newbuilding program to 17 ships.
