Global Ship Lease Announces Second Quarter 2023 Earnings Release, Conference Call and Webcast
July 20 2023 - 4:15PM
Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership
charter owner, announced today that it will hold a conference call
to discuss the Company’s results for the second quarter 2023 on
Thursday, August 3, 2023 at 10:30 a.m. Eastern Time. The Company
will issue financial results for the second quarter 2023, on
Thursday, August 3, 2023, before the open of market trading.
What: |
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Second Quarter 2023 Conference Call and Webcast |
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When: |
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Thursday, August 3, 2023 at 10:30 a.m. Eastern Time |
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Where: |
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There are two ways to access the conference call: |
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Dial-in: (646) 307-1963 or (800) 715-9871; Event ID:
8238520 |
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Please dial in at least 10 minutes prior to 10:30 a.m. Eastern
Time to ensure a prompt start to the call. |
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Live Internet webcast and slide presentation: |
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http://www.globalshiplease.com |
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The webcast will be archived on the Company’s website:
http://www.globalshiplease.com
About Global Ship Lease
Global Ship Lease is a leading independent owner of
containerships with a diversified fleet of mid-sized and smaller
containerships. Incorporated in the Marshall Islands, Global Ship
Lease commenced operations in December 2007 with a business of
owning and chartering out containerships under fixed-rate charters
to top tier container liner companies. It was listed on the New
York stock Exchange in August 2008.
As at May 9, 2023, Global Ship Lease owned 64 containerships and
had contracted to purchase a further four ships, ranging from 2,207
to 11,040 TEU, with an aggregate capacity (when fully delivered) of
375,406 TEU. 36 ships are wide-beam Post-Panamax.
Adjusted to include all charters agreed up to May 9, 2023, and
the four ships to be acquired, the average remaining term of the
Company’s charters as at March 31, 2023, to the mid-point of
redelivery, including options under the Company’s control and other
than if a redelivery notice has been received, was 2.5 years on a
TEU-weighted basis. Contracted revenue on the same basis was $2.11
billion. Contracted revenue was $2.54 billion, including options
under charterers’ control and with latest redelivery date,
representing a weighted average remaining term of 3.3 years.
Forward-Looking Statements
This press release contains forward-looking
statements. Forward-looking statements provide the Company’s
current expectations or forecasts of future events. Forward-looking
statements include statements about the Company’s expectations,
beliefs, plans, objectives, intentions, assumptions and other
statements that are not historical facts. Words or phrases such as
“anticipate,” “believe,” “continue,” “estimate,” “expect,”
“intend,” “may,” “ongoing,” “plan,” “potential,” “predict,”
“project,” “will” or similar words or phrases, or the negatives of
those words or phrases, may identify forward-looking statements,
but the absence of these words does not necessarily mean that a
statement is not forward-looking. These forward-looking statements
are based on assumptions that may be incorrect, and the Company
cannot assure you that the events or expectations included in these
forward-looking statements will come to pass. Actual results could
differ materially from those expressed or implied by the
forward-looking statements as a result of various factors,
including the factors described in “Risk Factors” in the Company’s
Annual Report on Form 20-F and the factors and risks the Company
describes in subsequent reports filed from time to time with the
U.S. Securities and Exchange Commission. Accordingly, you should
not unduly rely on these forward-looking statements, which speak
only as of the date of this press release. The Company undertakes
no obligation to publicly revise any forward-looking statement to
reflect circumstances or events after the date of this press
release or to reflect the occurrence of unanticipated events.
Investor and Media Contact: The IGB GroupBryan
Degnan646-673-9701or Leon Berman 212-477-8438
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