Global Ship Lease Announces Third Quarter 2017 Earnings Release, Conference Call and Webcast

Oct 23, 2017

LONDON, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2017 on Thursday, November 2, 2017 at 10:30 a.m. Eastern Time. The Company will issue financial results for the third quarter ended September 30, 2017 on Thursday, November 2, 2017 before the open of market trading.

What:  Third Quarter 2017 Conference Call and Webcast
    
When:  Thursday, November 2, 2017 at 10:30 a.m. Eastern Time
    
Where:  There are two ways to access the conference call:
    
   Dial-in: (877) 445-2556 or (908) 982-4670; Passcode: 6299768
Please dial in at least 10 minutes prior to 10:30 a.m. Eastern Time to ensure a prompt start to the call.
    
   Live Internet webcast and slide presentation:
http://www.globalshiplease.com

If you are unable to participate at this time, a replay of the call will be available through Saturday, November 18, 2017 at (855) 859-2056 or (404) 537-3406. Enter the code 6299768 to access the audio replay. The webcast will also be archived on the Company's website:
http://www.globalshiplease.com

About Global Ship Lease

Global Ship Lease is a containership charter owner. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under mainly long-term, fixed-rate charters to top tier container liner companies.

Global Ship Lease owns 18 vessels with a total capacity of 82,312 TEU and an average age, weighted by TEU capacity, at August 31, 2017 of 12.7 years. All 18 vessels are currently fixed on time charters, 15 of which are with CMA CGM. The average remaining term of the charters at August 31, 2017 is 3.1 years or 3.4 years on a TEU weighted basis, taking into account the two charter extensions announced on September 11, 2017 and the new charter for the OOCL Tianjin, announced on October 19, 2017.

      CONTACT: Investor and Media Contact:
         The IGB Group
         Bryan Degnan
         646-673-9701
         or
         Leon Berman
         212-477-8438