Global Ship Lease Inc is a Republic of the Marshall Islands Corporation which was formed in 2007. It owns a fleet of modern containerships of diverse sizes and charters the vessels out under long-term, fixed-rate charters to reputable container shipping companies. As of December 31, 2013, its fleet consisted of 17 containerships with an aggregate capacity of 66,349 TEU and a TEU weighted average age of approximately 9.8 years and a non-weighted average age of 10.9 years. The Company is subject to international conventions and codes, and national, state and local laws and regulations in force in the countries in which its vessels might operate or are registered, including those governing the management and disposal of hazardous substances and wastes, the cleanup of oil spills and other contamination, air emissions, and water discharges and ballast water management.
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