Global Ship Lease Announces Second Quarter 2022 Earnings Release, Conference Call and Webcast
July 22 2022 - 8:37AM
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 2022 on
Thursday, August 4, 2022 at 12:00 p.m. Eastern Time. The Company
will issue financial results for the second quarter that ended on
June 30, 2022, on Thursday, August 4, 2022, before the open of
market trading.
What: |
Second Quarter 2022 Conference Call and Webcast |
When: |
Thursday, August 4, 2022 at 12:00
p.m. Eastern Time |
Where: |
There are two ways to access the
conference call:Dial-in: (800) 715-9871 or (646) 307-1963;
Passcode: 2236251Please dial in at least 10 minutes prior to 12:00
p.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 Thursday, August 18, 2022 at (800) 770-2030 or (609)
800-9909. Enter the code 2236251 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 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 17, 2022, Global Ship Lease owned 65
containerships, ranging from 1,118 to 11,040 TEU, with an aggregate
capacity of 342,348 TEU. 32 ships are wide-beam Post-Panamax.
Adjusted to include all charters agreed, and ships contracted to
be purchased, up to May 17, 2022, the average remaining term
of the Company’s charters as at March 31, 2022, 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 $1.76 billion. Contracted revenue
was $2.00 billion, including options under charterers’ control
and with latest redelivery date, representing a weighted average
remaining term of 3.1 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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