Global Ship Lease Q2 and H1 2025 profits rise on strong charter revenue

Vessel operating expenses, a primary outgoing, rose by seven per cent to $50.5 million for the quarter, which the company attributed to the addition of new vessels, increased crew expenses, and inflation.

The positive performance continued for the full first half of the year. Operating revenues for the six-month period grew by eight per cent to $382.8 million, while net income available to common shareholders jumped 22.3 per cent to $214.1 million.