Global Ship Lease Issues Statement Regarding China-Specific Port Fees and US Ownership

Core Viewpoint - Global Ship Lease, Inc. (GSL) responds to China's Implementation Measures on Special Port Charges for U.S. Vessels, emphasizing its status as a foreign private issuer and clarifying its ownership structure and vessel management [1][2]. Company Overview - Global Ship Lease is an independent owner of containerships, incorporated in the Marshall Islands, and commenced operations in December 2007, focusing on owning and chartering containerships under fixed-rate charters [3]. - The company was listed on the New York Stock Exchange in August 2008 [3]. Fleet Details - As of June 30, 2025, GSL's fleet consists of 69 vessels with an average age weighted by TEU capacity of 17.7 years, including 39 wide-beam Post-Panamax ships [4]. - The average remaining term of the company's charters is 2.1 years on a TEU-weighted basis, with contracted revenue amounting to $1.73 billion [5]. Financial Metrics - Contracted revenue, including options under charterers' control, totals $2.23 billion, representing a weighted average remaining term of 2.8 years [5].