Global Ship Lease Responds to China's Special Port Charges for U.S. Vessels

Global Ship Lease, Inc. (GSL) issued a statement in response to the Implementation Measures on the Special Port Charges for U.S. Vessels issued by the Ministry of Transport of China. GSL clarified that it is a corporation formed under the laws of the Republic of the Marshall Islands, with its principal executive office and executive management located in Greece. The company is listed on the New York Stock Exchange and qualifies as a 'foreign private issuer' under SEC rules. GSL emphasized that it is not owned, operated, or controlled by any U.S. enterprise, organization, or individual. The company also confirmed that none of its vessels fly the United States flag or were built in the United States. All of GSL’s vessels are managed by a company located in Greece, which is 100% owned and controlled by Greek citizens.