Global Ship Lease Announces Second Quarter 2009 Earnings Release, Conference Call and Webcast
July 20 2009 - 8:30AM
Marketwired
Global Ship Lease, Inc. (NYSE: GSL)(NYSE: GSL.U)(NYSE: GSL.WS), a
containership charter owner, announced today that it will hold a
conference call to discuss the Company's results for the second
quarter of 2009 on Monday, August 10, 2009 at 10:30 a.m. Eastern
Time. The Company will issue financial results for the second
quarter ended June 30, 2009 on Monday, August 10, 2009 before the
open of market trading.
What: Second Quarter 2009 Conference Call and Webcast
When: Monday, August 10, 2009 at 10:30 a.m. Eastern Time
Where: There are two ways to access the conference call:
Dial-in: (877) 741-4249 or (719) 325-4817; Passcode: 3471820
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 Monday, August 24, 2009 at (888)
203-1112 or (719) 457-0820. Enter the code 3471820 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 long-term, fixed rate charters to world class
container liner companies.
Global Ship Lease currently owns 16 vessels and has contracted
to purchase an additional three vessels. The Company has a contract
in place to acquire an additional vessel for $82 million from CMA
CGM, which is scheduled to be purchased in July of 2009 and also
has contracts in place to purchase two newbuildings from German
interests for approximately $77 million each which are scheduled to
be delivered in the fourth quarter of 2010.
Once all of the contracted vessels have been delivered by the
end of 2010, Global Ship Lease will have a 19 vessel fleet with
total capacity of 74,797 TEU and a weighted average age at that
time of 6.1 years and an average remaining charter term of
approximately eight years. All of the vessels including those
contracted for future delivery are fixed on long-term charters.
For additional information regarding Global Ship Lease, please
visit http://www.globalshiplease.com/.
Contacts: Investor and Media Contact: Michael Cimini The IGB
Group 212-477-8261
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