Global Ship Lease Announces Results of 2014 Annual Meeting of Shareholders

LONDON, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") announced the election of two Term III Directors at the Company's Annual Meeting of Shareholders, held today in London.

The Directors, Michael Gross and Alain Wils, were elected to serve until the 2017 Annual Meeting of Shareholders and until such time as a successor has been duly elected and qualified.

Additionally, Shareholders ratified the appointment of PricewaterhouseCoopers Audit as the Company's independent public accounting firm for the fiscal year ending December 31, 2014.

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 top tier container liner companies.

Global Ship Lease owns 17 vessels with a total capacity of 66,349 TEU with an average age, weighted by TEU capacity, at June 30, 2014 of 10.3 years. All 17 vessels are currently fixed on time charters, 15 of which are with CMA CGM. The average remaining term of the charters is 6.2 years or 7.3 years on a weighted basis, excluding Ville d'Aquarius and Ville d'Orion, which are deployed in the short term charter market.

CONTACT: Investor and Media Contact: The IGB Group Bryan Degnan 646-673-9701 or Leon Berman 212-477-8438Source:Global Ship Lease, Inc.