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13 October 2026

Global Ship Lease locks in $1bn loan for boxship spree

Downunder Voices Newsroom

Source reporting: Splash247

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Global Ship Lease locks in $1bn loan for boxship spree

New York-listed containership owner Global Ship Lease (GSL) has secured a $1bn syndicated loan facility to finance its expanding newbuilding programme. The George Youroukos-led company said the seven-year facility carries an interest margin of just 1. 5% over SOFR and will be drawn in stages as its first 15 contracted newbuildings are completed between late 2028 …

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