Global Ship Lease to Present at Jefferies 5th Annual Shipping, Logistics & Offshore Services ConferenceLONDON, ENGLAND--(Marketwire - Sept. 10, 2008) - Global Ship Lease, Inc (NYSE:GSL)(NYSE:GSL.U)(NYSE:GSL.WS), a rapidly growing containership owner and the twentieth largest in the industry, today announced that the Company's Chief Executive Officer, Ian Webber, is scheduled to present at the Jefferies 5th Annual Shipping, Logistics & Offshore Services Conference in New York on Wednesday, September 17, 2008 at 1:30 p.m. ET.
The presentation will be broadcast live over the Internet and can be accessed at http://www.wsw.com/webcast/jeff29/gsl. In addition, the accompanying slide presentation and webcast will be available in the Investor Relations section of Global Ship Lease's Web site at www.globalshiplease.com.
About Global Ship Lease
Global Ship Lease is a rapidly growing 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 long-term, fixed rate charters to world class container liner companies.
Global Ship Lease currently owns 12 vessels and has contracts in place to purchase an additional five vessels for $437 million from CMA CGM, four of which are expected to be delivered in December 2008 and one in July 2009.
Once all of the contracted vessels have been delivered, Global Ship Lease will have a 17 vessel fleet with total capacity of 66,297 TEU and a weighted average age of 5.5 years. All of the contracted vessels are under long-term charters to CMA CGM with an average remaining charter term of approximately 11 years.
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The IGB Group