Global Ship Lease, Inc. (NYSE:GSL) is one of the 10 Most Profitable Small Cap Stocks to Buy.
On June 5, 2026, Global Ship Lease, Inc. (NYSE:GSL) agreed to newbuilding contracts for 10 mid-size, ultra high reefer containerships
It is valued at about $917 million, with deliveries scheduled between Q4 2028 and Q1 2030. The company said the vessels carry multi-year charters averaging 6.7 years, expected to have around $665 million in aggregate adjusted EBITDA. On May 22, 2026, Global Ship Lease, Inc. (NYSE:GSL) reported Q1 results with revenue of $198.1 million and net income of $91.4 million, or $2.54 per share.
It also had an adjusted EBITDA of $133.2 million. The firm announced $86.1 million in contracted revenues, bringing total contracted revenue to $2.05 billion with a 2.6-year weighted duration. Executive Chairman George Youroukos said the company achieved “100% coverage for 2026 and 86% for 2027,” with stronger demand and rising bunker costs, tightening vessel supply.