<SEC-DOCUMENT>0000919574-19-007526.txt : 20191127
<SEC-HEADER>0000919574-19-007526.hdr.sgml : 20191127
<ACCEPTANCE-DATETIME>20191127172925
ACCESSION NUMBER:		0000919574-19-007526
CONFORMED SUBMISSION TYPE:	F-3
PUBLIC DOCUMENT COUNT:		6
FILED AS OF DATE:		20191127
DATE AS OF CHANGE:		20191127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Global Ship Lease, Inc.
		CENTRAL INDEX KEY:			0001430725
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-235305
		FILM NUMBER:		191259167

	BUSINESS ADDRESS:	
		STREET 1:		TRUST COMPANY COMPLEX
		STREET 2:		AJELTAKE ROAD, AJELTAKE ISLAND
		CITY:			MAJURO
		STATE:			1T
		ZIP:			MH96960
		BUSINESS PHONE:		44 (0) 20 3998 0060

	MAIL ADDRESS:	
		STREET 1:		C/O GLOBAL SHIP LEASE SERVICES LTD.
		STREET 2:		25 WILTON ROAD
		CITY:			LONDON
		STATE:			X0
		ZIP:			SW1V 1LW

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GSL Holdings, Inc.
		DATE OF NAME CHANGE:	20080326
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-3
<SEQUENCE>1
<FILENAME>d8420689_f-3.htm
<TEXT>
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    <div style="text-align: center; font-weight: bold;">As filed with the Securities and Exchange Commission on November 27, 2019</div>
    <div><br>
    </div>
    <div style="text-align: right; font-weight: bold;">Registration Statement No. 333- &#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
    </div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">Washington, D.C. 20549</div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">FORM F-3</div>
    <div style="text-align: center; font-style: italic; font-weight: bold;">REGISTRATION STATEMENT<br>
      UNDER</div>
    <div style="text-align: center; font-style: italic; font-weight: bold;">THE SECURITIES ACT OF 1933</div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">GLOBAL SHIP LEASE, INC.</div>
    <div style="text-align: center; font-weight: bold;">(Exact name of registrant as specified in its charter)</div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
    <table cellspacing="0" cellpadding="0" id="z76225a42a3044e21b1a91e8ec4ea9c67" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 48.94%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Republic of the Marshall Islands</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 48.94%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">
            <div style="text-align: center;">(State or other jurisdiction of</div>
            <div style="text-align: center;">incorporation or organization)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 48.94%; vertical-align: top;">
            <div style="text-align: center;">(I.R.S. Employer</div>
            <div style="text-align: center;">Identification No.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 50.94%; vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">c/o Global Ship Lease Services Limited</div>
            <div style="text-align: center; font-weight: bold;">25 Wilton Road</div>
            <div style="text-align: center; font-weight: bold;">London SW1V 1LW</div>
            <div style="text-align: center; font-weight: bold;">United Kingdom</div>
            <div style="text-align: center; font-weight: bold;">+44 (0) 20 3998 0063</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 48.94%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">Seward &amp; Kissel LLP</div>
            <div style="text-align: center; font-weight: bold;">Attention: Gary J. Wolfe, Esq.</div>
            <div style="text-align: center; font-weight: bold;">One Battery Park Plaza</div>
            <div style="text-align: center; font-weight: bold;">New York, New York 10004</div>
            <div style="text-align: center; font-weight: bold;">(212) 574-1200</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.06%; vertical-align: top;">
            <div style="text-align: center;">(Address and telephone number of Registrant's</div>
            <div style="text-align: center;">principal executive offices)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 48.94%; vertical-align: top;">
            <div style="text-align: center;">(Name, address and telephone number of agent</div>
            <div style="text-align: center;">for service)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">&#160;</td>
        </tr>

    </table>
    <div style="text-align: center; font-style: italic;">Copies to:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Gary J. Wolfe, Esq.</div>
    <div style="text-align: center; font-weight: bold;">Seward &amp; Kissel LLP</div>
    <div style="text-align: center; font-weight: bold;">One Battery Park Plaza</div>
    <div style="text-align: center; font-weight: bold;">New York, New York 10004</div>
    <div style="text-align: center; font-weight: bold;">(212) 574-1200</div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: justify;"><font style="font-weight: bold;">Approximate date of commencement of proposed sale to the public: </font>From time to time after this registration statement becomes effective as determined by market conditions and
      other factors.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box.&#160; &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box.&#160; &#9746;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the
      earlier effective registration statement for the same offering.&#160; &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration
      statement for the same offering. &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If this Form is a registration statement pursuant to General Instruction I.C. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the
      Securities Act, check the following box.&#160; &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or additional classes of securities pursuant to Rule 413(b)
      under the Securities Act, check the following box.&#160; &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933. &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
      new or revised financial accounting standards&#8224; provided pursuant to Section 7(a)(2)(B) of the Securities Act. &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">&#8224; The term "new or revised financial accounting standard" refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.</div>
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    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">CALCULATION OF REGISTRATION FEE</div>
    <table cellspacing="0" cellpadding="0" id="z275803258997487795b9920004b6aa89" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 47.06%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="font-weight: bold;">Title of Each Class of</div>
            <div style="font-weight: bold;">Securities to be Registered</div>
          </td>
          <td style="width: 0.91%; vertical-align: bottom;">&#160;</td>
          <td style="width: 16.75%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Amount</div>
            <div style="text-align: center; font-weight: bold;">to be</div>
            <div style="text-align: center; font-weight: bold;">Registered</div>
          </td>
          <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
          <td style="width: 17.07%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Proposed</div>
            <div style="text-align: center; font-weight: bold;">Maximum</div>
            <div style="text-align: center; font-weight: bold;">Aggregate</div>
            <div style="text-align: center; font-weight: bold;">Offering Price</div>
          </td>
          <td style="width: 2.49%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 12.35%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div>&#160;</div>
            <div style="text-align: center; font-weight: bold;">Amount of</div>
            <div style="text-align: center; font-weight: bold;">Registration Fee</div>
          </td>
          <td style="width: 1.62%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 47.06%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>Preferred Shares</div>
          </td>
          <td style="width: 0.91%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 16.75%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 17.07%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 2.49%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 0.97%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 12.35%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 1.62%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 47.06%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
            <div>Depositary Shares<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></div>
          </td>
          <td style="width: 0.91%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 16.75%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 0.77%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 17.07%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 2.49%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 0.97%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 12.35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          <td style="width: 1.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 47.06%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="font-weight: bold;">Total</div>
          </td>
          <td style="width: 0.91%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 16.75%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 0.77%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 17.07%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">$150,000,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)(2)</sup></div>
          </td>
          <td style="width: 2.49%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 0.97%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 12.35%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">$19,470</div>
          </td>
          <td style="width: 1.62%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z5d00cb76934a4df594cc0bc2884694a0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right; font-size: 8pt;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 8pt;">Such amount in U.S. dollars or the equivalent thereof in foreign currencies as shall result in an aggregate public offering price for all securities of $150,000,000. This registration statement also includes
                  such indeterminate amount of securities of the types listed above that are convertible or exchangeable into one or more of the securities listed above. Separate consideration may or may not be received for securities that are issuable
                  upon conversion of, or in exchange for, convertible or exchangeable securities, and shall also cover any additional securities to be offered or issued from share splits, share dividends, recapitalizations or similar transactions.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zef2232aee2514ec59d62ed6e10a26c2f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right; font-size: 8pt;">(2)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 8pt;">Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act of 1933, as amended (the "Securities Act"). Pursuant to General Instruction II.C of Form F-3,
                  the table does not specify by each class information as to the proposed maximum aggregate offering price. Any securities registered hereunder may be sold separately or together with other securities registered hereunder. In no event will
                  the aggregate offering price of all securities sold by Global Ship Lease, Inc. pursuant to this registration statement exceed $150,000,000.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z832544d1ebd44a3dbe65b0b59ee6abf5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right; font-size: 8pt;">(3)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-size: 8pt;">Calculated in accordance with Rule 457(o) under the Securities Act using the current SEC fee rate of 0.0001298.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z23b9546e2c4243079bb27538fa41e1aa" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right; font-size: 8pt;">(4)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 8pt;">Such indeterminate number of depositary shares to be evidenced by depositary receipts issued pursuant to a deposit agreement. In the event Global Ship Lease, Inc. elects to offer to the public fractional
                  interests in preferred shares of Global Ship Lease Inc., depositary receipts will be distributed to those persons purchasing such fractional interests and the preferred shares will be issued to the depositary under the deposit agreement.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="zcab43d599d914ce387307939ac88d597" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; font-size: 8pt; font-weight: bold;">The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further
              amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act, or until the Registration Statement shall become effective on such date as the
              Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(255, 0, 0); font-family: 'Times New Roman',Times,serif; font-style: normal; font-variant: normal; text-transform: none;">The
      information in this prospectus is not complete and may be changed. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy or sell these securities in any jurisdiction where the offer or sale is not
      permitted. These securities may not be sold until the registration statement filed with the Securities and Exchange Commission is effective.</div>
    <div style="margin-bottom: 12pt; font-weight: bold;">Prospectus</div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; margin-bottom: 12pt;">Subject to completion, dated November 27, 2019</div>
      <div><br>
      </div>
    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">$150,000,000</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Preferred Shares</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Depositary Shares</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center;"><img width="145" height="73" src="image0.jpg"></div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 18pt; font-weight: bold;">Global Ship Lease, Inc.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Through this prospectus, we may periodically offer preferred shares of Global Ship Lease, Inc. or depositary shares that represent preferred shares. The aggregate offering price
      of all securities issued and sold by us under this prospectus may not exceed $150,000,000.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Our Class A common shares are listed on the New York Stock Exchange, or the NYSE, under the symbol "GSL." Our currently outstanding depositary shares, each of which represents a
      1/100th interest in a share of our Series B Preferred Shares, are listed on the NYSE under the symbol "GSL-B."</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-weight: bold;">An investment in these securities involves a high degree of risk. Before you make an investment in our securities, you should carefully consider the section
      entitled "Risk Factors" beginning on page 3 of this prospectus, and other risk factors contained in any applicable prospectus supplement and in the documents incorporated by reference herein and therein.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-weight: bold;">Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this
      prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</div>
    <div style="text-align: center; margin-bottom: 6pt;">The date of this prospectus is&#160; &#160; &#160;&#160; , 2019.</div>
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      <div id="DSPFPageBreak" style="page-break-after:always;">
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    <!--PROfilePageNumberReset%LCR%1%%%-->
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">TABLE OF CONTENTS</div>
    <div style="text-align: right; margin-bottom: 12pt; font-weight: bold;">Page</div>
    <table cellspacing="0" cellpadding="0" id="z39a46c47ca7549fd882e34904f453f00" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>ABOUT THIS PROSPECTUS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">ii</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>PROSPECTUS SUMMARY</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>CORPORATE INFORMATION</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>OTHER INFORMATION</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>RISK FACTORS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">4</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>USE OF PROCEEDS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>CAPITALIZATION</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>ENFORCEMENT OF CIVIL LIABILITIES</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>PLAN OF DISTRIBUTION</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>DESCRIPTION OF PREFERRED SHARES</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>DESCRIPTION OF DEPOSITARY SHARES</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>TAX CONSIDERATIONS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">12</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>EXPENSES</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>LEGAL MATTERS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>EXPERTS</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.32%; vertical-align: top;">
            <div>WHERE YOU CAN FIND ADDITIONAL INFORMATION</div>
          </td>
          <td style="width: 6.68%; vertical-align: top;">
            <div style="text-align: right;">13</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt;">___________________________________________</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">You should rely only on the information contained or incorporated by reference in this prospectus and in any prospectus supplement. We have not authorized any other person to
      provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. We will not make any offer to sell these securities in any jurisdiction where the offer or sale is not permitted.
      You should assume that the information appearing in this prospectus and the applicable supplement to this prospectus is accurate as of the date on its respective cover, and that any information incorporated by reference is accurate only as of the
      date of the document incorporated by reference, unless we indicate otherwise. Our business, financial condition, results of operations and prospects may have changed since those dates.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">i</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ABOUT THIS PROSPECTUS</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 12pt; margin-bottom: 12pt;">This prospectus is part of a registration statement that we filed with the U.S. Securities and Exchange Commission, or the Commission, using a shelf
      registration process. Under the shelf registration process, we may sell preferred shares and the depositary shares described in this prospectus in one or more offerings up to a total dollar amount of $150,000,000. This prospectus provides you with a
      general description of the securities that we may offer. We will provide updated information if required whenever we offer our preferred shares or depositary shares pursuant to this prospectus. This may include a prospectus supplement that will
      describe the specific amounts, prices and terms of the offered securities. The prospectus supplement may also add, update or change the information contained in this prospectus. If there is any inconsistency between the information in this prospectus
      and any prospectus supplement, you should rely on the prospectus supplement. Before purchasing any securities, you should read carefully both this prospectus and any prospectus supplement, together with the additional information described below.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">This prospectus and any prospectus supplement do not and will not contain all the information provided in the registration statement that we filed with the Commission. Statements
      in this prospectus or any prospectus supplement about these documents are summaries and each statement is qualified in all respects by reference to the document to which it refers. You should refer to the actual documents for a more complete
      description of the relevant matters. For further information about us or the securities offered hereby, you should refer to the registration statement, which you can obtain from the Commission as described below under "Where You Can Find Additional
      Information."</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">Unless the context otherwise requires, references to the "Company," "we," "us," "our" or "Global Ship Lease" refer to Global Ship
      Lease, Inc. and "Poseidon Containers" refers to Poseidon Containers Holdings LLC and K&amp;T Marine LLC, collectively, with whom we completed a strategic combination on November 15, 2018. Unless otherwise indicated, all references to "$" and
      "dollars" in this prospectus are to U.S. dollars. We use the term "TEU", meaning twenty-foot equivalent unit, the international standard measure of container size, in describing volumes in world container trade and other measures, including the
      capacity of our containerships, which we also refer to as ships. Unless otherwise indicated, we calculate the average age of our vessels on a weighted average basis, based on TEU capacity. All share and per share amounts disclosed in this prospectus
      give retroactive effect, for all periods presented, to the one-for-eight reverse stock split of our Class A common shares effected on March 25, 2019.</div>
    <div><br>
    </div>
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      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">ii</font></div>
      <div style="page-break-after: always;" id="DSPFPageBreak">
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    </div>
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    <div style="border: 2px solid rgb(0, 0, 0); padding: 5px; width: 99%;">
      <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">PROSPECTUS SUMMARY</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-style: italic;">This section summarizes some of the information that is contained later in this prospectus or in other documents incorporated by reference into this
        prospectus.&#160; This summary may not contain all of the information that may be important to you. As an investor or prospective investor, you should review carefully the risk factors and the more detailed information that appears later in this
        prospectus or is contained in the documents that we incorporate by reference into this prospectus.</div>
      <div style="margin-bottom: 12pt; font-weight: bold;">The Company</div>
      <div style="text-align: justify; text-indent: 36pt;">Global Ship Lease, Inc. is a Marshall Islands corporation that owns a fleet of mid-sized and smaller containerships which are chartered out under fixed-rate charters to reputable container shipping
        companies ("liner companies" or "liner operators").</div>
      <div style="text-align: justify; text-indent: 24.5pt; margin-top: 12pt;">As of the date of this prospectus, we owned 41 mid-sized and smaller containerships of which nine (representing 31% of our fleet by TEU capacity) are new-design,
        high-specification, fuel-efficient, and wide-beam, and have agreed to acquire four further ships. Our fleet, excluding the four ships we have agreed to acquire, has a total capacity of 224,162 TEU. With the inclusion of the four ships, our fleet
        size would increase to 45 ships, with a total capacity of 249,622, with an average size is 5,547 TEU, and a TEU weighted average age of 12.6 years as of September 30, 2019.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Our Class A common shares began trading on the NYSE under the symbol "GSL" on August 15, 2008. Our currently outstanding depositary shares, each of which represents a 1/100th
        interest in a share of our Series B Preferred Shares, began trading on the NYSE under the symbol "GSL-B" on August 20, 2014.</div>
    </div>
    <div><br>
    </div>
    <br>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">1</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="border: 2px solid #000000; padding: 5px; width: 99%;">
      <div>
        <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">CORPORATE INFORMATION</div>
        <div style="text-indent: 24.5pt; margin-bottom: 12pt;">We were incorporated in the Republic of the Marshall Islands on March 14, 2008 as GSL Holdings Inc.</div>
        <div style="text-indent: 24.5pt; margin-bottom: 12pt;">On August 14, 2008, we merged with Marathon Acquisition Corp., a company then listed on the American Stock Exchange, and with the pre-existing Global Ship Lease, Inc., which was then wholly
          owned by CMA CGM. GSL Holdings, Inc. was the surviving entity, changed its name to Global Ship Lease, Inc. and became listed on the New York Stock Exchange, or the NYSE.</div>
        <div style="text-indent: 24.5pt; margin-bottom: 12pt;">The mailing address of our principal executive office is c/o Global Ship Lease Services Limited, 25 Wilton Road, London SW1V 1LW, United Kingdom, and our telephone number is +44 (0) 20 3998
          0063. Our website address is www.globalshiplease.com. The information included on our website is not incorporated herein by reference. From time to time, we may use our website and social media outlets as channels of distribution of material
          company information.</div>
        <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">OTHER INFORMATION</div>
        <div style="text-align: justify; text-indent: 24.5pt; margin-bottom: 12pt;">We are incorporated under the laws of the Republic of the Marshall Islands, and as a consequence, you may encounter difficulty protecting your interests as shareholders,
          and your ability to protect your rights through the U.S. federal court system may be limited. Please refer to the sections entitled "Risk Factors" and "Enforcement of Civil Liabilities" for more information.</div>
      </div>
    </div>
    <div><br>
    </div>
    <br>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="margin-bottom: 12pt;">
      <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">RISK FACTORS</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-style: italic;"><font style="background-color: #FFFFFF;">An investment in our securities involves a high degree of risk.&#160; Before making an investment in our securities, you
          should carefully consider all of the information included in this prospectus, the risk factors and all of the other information included in any prospectus supplement and the documents that have been incorporated by reference in this prospectus
          and any prospectus supplement, including those in "Item 3.Key Information&#8212;D. Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2018, filed with the U.S. Securities and Exchange Commission (the "Commission") on March
          29, 2019, as updated by annual, quarterly and other reports and documents we file with the Commission after the date of this prospectus and that are incorporated by reference herein. Please see the section of this prospectus entitled "Where You
          Can Find Additional Information&#8212;Information Incorporated by Reference." The occurrence of one or more of those risk factors could adversely impact our business, financial condition or results of operations.</font></div>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">3</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</div>
    <div style="text-align: justify; text-indent: 24.5pt; margin-top: 12pt;">This prospectus contains forward-looking statements. Forward-looking statements provide our current expectations or forecasts of future events. Forward-looking statements include
      statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as "anticipate," "believe," "continue," "estimate," "expect," "intend," "may," "ongoing,"
      "plan," "potential," "predict," "project," "will" or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not
      forward-looking. Examples of forward-looking statements in this prospectus include, but are not limited to, statements regarding our disclosure concerning our operations, cash flows, financial position, dividend policy, the anticipated benefits of
      our strategic transaction with Poseidon Containers, and the likelihood of success in acquiring additional vessels to expand our business.</div>
    <div style="text-align: justify; text-indent: 24.5pt; margin-top: 7pt;">Forward-looking statements appear in a number of places in this prospectus and in <font style="background-color: #FFFFFF;">our Annual Report on Form 20-F for the year ended
        December 31, 2018, filed with the Commission on March 29, 2019, as updated by annual, quarterly and other reports and documents we file with the Commission after the date of this prospectus and that are incorporated by reference herein.</font></div>
    <div style="text-align: justify; text-indent: 24.5pt; margin-top: 7pt;">Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ
      materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors described in "Risk Factors" in this
      prospectus. The risks described under "Risk Factors" are not exhaustive. Other sections of this prospectus describe additional factors that could adversely affect our results of operations, financial condition, liquidity and the development of the
      industries in which we operate. New risks can emerge from time to time, and it is not possible for us to predict all such risks, nor can we assess the impact of all such risks on our business or the extent to which any risks, or combination of risks
      and other factors, may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this prospectus.
      We undertake no obligation to publicly update or revise any forward-looking statement to reflect circumstances or events after the date of this prospectus or to reflect the occurrence of unanticipated events. You should, however, review the factors
      and risks we describe in the reports we will file from time to time with the Commission after the date of this prospectus.</div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
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      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">4</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">USE OF PROCEEDS</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="background-color: #FFFFFF;">We intend to use the net proceeds from the sale of securities by us offered by this prospectus as set forth in the applicable prospectus
        supplement.</font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">5</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">CAPITALIZATION</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Each prospectus supplement or report on Form 6-K incorporated by reference into the registration statement of which this prospectus forms a part will include information about
      our capitalization.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">6</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ENFORCEMENT OF CIVIL LIABILITIES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We are organized under the laws of the Marshall Islands as a corporation. The Marshall Islands has a less developed body of securities laws as compared to the United States and
      provides protections for investors to a significantly lesser extent.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Most of our directors and officers and those of our subsidiaries are residents of countries other than the United States. Substantially all of our and our subsidiaries' assets
      and a substantial portion of the assets of our directors and officers are located outside the United States. As a result, it may be difficult or impossible for United States investors to effect service of process within the United States upon us, our
      directors or officers, or our subsidiaries or to realize against us or them judgments obtained in United States courts, including judgments predicated upon the civil liability provisions of the securities laws of the United States or any state in the
      United States. However, we have expressly submitted to the jurisdiction of the U.S. federal and New York state courts sitting in the City of New York for the purpose of any suit, action or proceeding arising under the securities laws of the United
      States or any state in the United States.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">In addition, there is uncertainty as to whether the courts of the Marshall Islands would (1) recognize or enforce against us or our directors or officers judgments of courts of
      the United States based on civil liability provisions of applicable U.S. federal and state securities laws; or (2) impose liabilities against us or our directors and officers in original actions brought in the Marshall Islands, based on these laws.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">7</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">PLAN OF DISTRIBUTION</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We may sell or distribute the securities offered by us pursuant to this prospectus in one or more offerings, <font style="background-color: #FFFFFF;">including on any stock
        exchange, quotation service, market or other trading facility on which our securities are listed or traded, in the over-the-counter market, through underwriters, through agents, to dealers, or in private transactions, at fixed prices, at market
        prices prevailing at the time of sale, at prices related to the prevailing market prices, at varying prices (which may be above or below market prices prevailing at the time of sale), at negotiated prices or otherwise.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">In addition, we may sell some or all of our securities included in this prospectus through:</div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" id="z3af92c42aa024337bca799786b4248b5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>a block trade in which a broker-dealer may resell a portion of the block, as principal, in order to facilitate the transaction;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" id="z05939172731d405e8e192d495b52c8a5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>a distribution by way of dividend or otherwise to our existing shareholders;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
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            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>purchases by a broker-dealer, as principal, and resale by the broker-dealer for its account;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
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            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>ordinary brokerage transactions and transactions in which a broker-dealer solicits purchasers; or</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
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            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>trading plans entered into by us pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, or the Exchange Act, that are in place at the time of an offering pursuant to this prospectus and any applicable prospectus
                  supplement hereto that provide for periodic sales of our securities on the basis of parameters described in such trading plans.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"> <br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">In addition, we may enter into options or other types of transactions that require us to deliver our securities to a broker-dealer, who will then resell or transfer the
      securities under this prospectus. We may enter into hedging transactions with respect to our securities. For example, we may:</div>
    <div>
      <div>
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            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>enter into transactions involving short sales of our securities by broker-dealers;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
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            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>enter into option or other types of transactions that require us to deliver securities to a broker-dealer, who will then resell or transfer the securities under this prospectus; or</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" id="zad51d73cd51e4ba3b66f3953dfdc3b97" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>loan or pledge the securities to a broker-dealer, who may sell the loaned shares or, in the event of default, sell the pledged shares.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"> <br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We may also sell securities under Rule 144 or any other exemption from registration under the Securities Act, if available, rather than under this prospectus.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We may enter into derivative transactions with third parties, or sell securities not covered by this prospectus to third parties in privately negotiated transactions. If the
      applicable prospectus supplement indicates, in connection with those derivatives, the third parties may sell securities covered by this prospectus and the applicable prospectus supplement. If so, the third party may use securities pledged by us or
      borrowed from us to settle those sales or to close out any related open borrowings of stock, and may use securities received from us in settlement of those derivatives to close out any related open borrowings of stock. The third party in such sale
      transactions may be an underwriter and, if not identified in this prospectus, will be identified in the applicable prospectus supplement (or a post-effective amendment). In addition, we may otherwise loan or pledge securities to a financial
      institution or other third party that in turn may sell the securities short using this prospectus. Such financial institution or other third party may transfer its economic short position to investors in our securities or in connection with a
      concurrent offering of other securities.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Any broker-dealers or other persons acting on our behalf that participate with us in the distribution of the securities, may be deemed to be underwriters, and any commissions
      received or profit realized by them on the resale of the securities, may be deemed to be underwriting discounts and commissions under the Securities Act. As a result, we have informed, or will inform, them that Regulation M, promulgated under the
      Securities Exchange Act of 1934, or the Exchange Act, may apply to sales by any broker dealers or other persons acting on our behalf in the market. We may agree to indemnify any broker, dealer or agent that participates in transactions involving the
      sale of our securities against certain liabilities, including liabilities arising under the Securities Act.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">As of the date of this prospectus, we are not a party to any agreement, arrangement or understanding between any broker or dealer and us with respect to the offer or sale of the
      securities pursuant to this prospectus.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">At the time that any particular offering of securities is made, to the extent required by the Securities Act, a prospectus or prospectus supplement, or if appropriate, a
      post-effective amendment, will be distributed, setting forth the terms of the offering, including the aggregate number of securities being offered, the purchase price of the securities, the public offering price of the securities, the names of any
      underwriters, dealers or agents, any discounts, commissions and other items constituting compensation from us, and any discounts, commissions or concessions allowed or re-allowed or paid to dealers. Furthermore, we, our executive officers, our
      directors and major shareholders may agree, subject to certain exemptions, that for a certain period from the date of the prospectus supplement under which the securities are offered, we and they will not, without the prior written consent of an
      underwriter, offer, sell, contract to sell, pledge or otherwise dispose of such securities or any securities convertible into or exchangeable for such securities. However, an underwriter, in its sole discretion, may release any of the securities
      subject to these lock-up agreements at any time without notice.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Underwriters or agents could make sales in privately negotiated transactions and/or any other method permitted by law, including sales deemed to be an at-the-market offering as
      defined in Rule 415 promulgated under the Securities Act, which includes sales made directly on or through the NYSE, the existing trading market for both our securities, or sales made to or through a market maker other than on an exchange.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We will bear costs relating to all of the securities offered and sold by us under this registration statement.</div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">8</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">DESCRIPTION OF PREFERRED SHARES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Our amended and restated articles of incorporation, as amended, authorize our board of directors to establish one or more series of preferred shares and to determine, with
      respect to any series of preferred shares, the terms and rights of that series. A description of the material terms and rights of any series of preferred shares to be issued will be set forth in the applicable prospectus supplement.&#160; We expect that
      such terms and rights will include, among others:</div>
    <div style="margin-bottom: 12pt;">
      <div>
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            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>the designation of the series;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="margin-bottom: 12pt;">
      <div>
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            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>the number of shares of the series;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z4c4b36d233db4ca8884fa61b3cffe698" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>whether dividends, if any, will be cumulative or non&#8211;cumulative and the dividend rate of the series;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z6f8e53c989504b57a95c70e3c6ddbf98" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>the dates at which dividends, if any, will be payable;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z3fdd7f1880f844c4a03f87360ce51733" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>the redemption rights and price or prices, if any, for shares of the series;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zc58be41f17014e9ab703b0ffcaf6a0c1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>the terms and amounts of any sinking fund provided for the purchase or redemption of shares of the series;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zda2747be4e0a4fe8b4c01f7684357c1b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>the amounts payable on shares of the series in the event of any voluntary or involuntary liquidation, dissolution or winding&#8211;up of our affairs;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zbcb05d8303f94bf18b7f386d76b8d138" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>whether the shares of the series will be convertible into shares of any other class or series, or any other security, of our company or any other corporation, and, if so, the specification of the other class or series or other
                  security, the conversion price or prices or rate or rates, any rate adjustments, the date or dates as of which the shares will be convertible and all other terms and conditions upon which the conversion may be made;</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z1d05e2cea5df437d9b9bd304942309fa" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>restrictions on the issuance of shares of the same series or of any other class or series; and</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zcd4e23a67e0240c789429ca2fbdd05c1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>the voting rights, if any, of the holders of the series.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">DESCRIPTION OF DEPOSITARY SHARES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The following is a summary of the material provisions of the forms of depositary agreement and depositary receipt we may issue from time to time. This summary is not complete.
      Accordingly, we strongly encourage you to refer to these documents for a complete understanding of them, copies of which are or will be included or incorporated by reference in the registration statement of which this prospectus is a part. In
      addition, the terms set forth in this summary may be supplemented or superseded by the description set forth in any applicable prospectus supplement relating to an offer of depositary shares.</div>
    <div style="margin-top: 12pt; font-weight: bold;">General</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 12pt;">We may issue depositary shares that represent preferred shares of the Company. The preferred shares represented by depositary shares will be deposited under a deposit agreement
      among us, a bank or trust company selected by us and having its principal office in the United States and having a combined capital and surplus of at least $50,000,000 and the holders from time to time of depository receipts. Subject to the terms of
      the deposit agreement, each owner of a depositary share will be entitled, in proportion to the particular series of preferred shares or fraction thereof represented by that depositary share, to all of the rights and preferences of such series of
      preferred shares represented thereby, including any dividend, voting, redemption, conversion and liquidation rights. The depositary shares will be evidenced by depositary receipts issued pursuant to the deposit agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 12pt;">Pending the preparation of definitive depositary receipts, the depositary may, upon our written order or the written order of any holder of deposited preferred shares, execute and
      deliver temporary depositary receipts that are substantially identical to, and that entitle the holders to all the rights pertaining to, the definitive depositary receipts. Depositary receipts will be prepared thereafter without unreasonable delay,
      and temporary depositary receipts will be exchangeable for definitive depositary receipts at our expense.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">9</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Dividends and Other Distributions</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 6pt;">The depositary will distribute all cash dividends and other cash distributions received in respect of the deposited preferred shares to the record holders of depositary shares
      relating to such preferred shares, in proportion to the numbers of the depositary shares owned by such holders. The depositary will distribute dividends and other distributions only in an amount that can be distributed without attributing to any
      holder of depositary receipts a fraction of one cent. Any balance not so distributable will be held by the depositary and will be added to the next sum received by the depositary for distribution. The depositary will not be liable for interest on
      amounts held for later distribution.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 12pt;">In the event of a non-cash distribution, the depositary will distribute property it receives to the appropriate record holders of depositary shares. If the depositary determines
      that it is not feasible to make a distribution, it may, with our approval, sell the property and distribute the net proceeds from the sale to the holders.</div>
    <div style="margin-top: 12pt; font-weight: bold;">Redemption of Depositary Shares</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 6pt;">If the preferred shares represented by depositary shares are to be redeemed, the depositary shares will be redeemed from the proceeds received by the depositary resulting from the
      redemption, in whole or in part, of preferred shares held by the depositary. The depositary shares will be redeemed by the depositary at a price per depositary share equal to the applicable redemption price per share payable in respect of the
      preferred shares so redeemed. Whenever we redeem preferred shares held by the depositary, the depositary will redeem, as of the same date, the number of depositary shares representing the preferred shares redeemed. If fewer than all the depositary
      shares are to be redeemed, the depositary shares to be redeemed will be selected by the depositary by lot or pro-rata or by any other equitable method as may be determined by the depositary.</div>
    <div style="margin-top: 12pt; font-weight: bold;">Withdrawal of Shares</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 6pt;">Any holder of depositary shares may, upon surrender of the depositary receipts at the corporate trust office of the depositary, unless the related depositary shares have previously
      been called for redemption, receive the number of whole shares of the applicable series of preferred shares and any money or other property represented by the depositary receipts. Holders of depositary shares making withdrawals will be entitled to
      receive whole shares of the related series of preferred shares on the basis set forth in the prospectus supplement for such depositary shares, but holders of such whole preferred shares will not thereafter be entitled to deposit the preferred shares
      under the deposit agreement or to receive depositary receipts therefor. If the depositary shares surrendered by the holder in connection with a withdrawal exceed the number of depositary shares that represent the number of preferred shares to be
      withdrawn, the depositary will deliver to the holder at the same time a new depositary receipt evidencing the excess number of depositary shares.</div>
    <div style="margin-top: 12pt; font-weight: bold;">Voting Deposited Preferred Shares</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 6pt;">Upon receipt of notice of any meeting at which the holders of any deposited preferred shares are entitled to vote, the depositary will provide the information contained in the notice
      of meeting to the record holders of the depositary shares relating to such preferred shares. Each record holder of the depositary shares on the record date, which will be the same date as the record date for the preferred shares, will be entitled to
      instruct the depositary as to the exercise of the voting rights pertaining to the amount of the preferred shares represented by the holder's depositary shares.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 12pt;">The depositary will attempt, insofar as practicable, to vote the amount of preferred shares represented by the depositary shares in accordance with the instructions, and we will
      agree to take all reasonable actions that may be deemed necessary by the depositary to enable the depositary to do so. The depositary will refrain from voting the preferred shares to the extent it does not receive specific instructions from the
      holder of depositary shares representing the preferred shares.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">10</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="margin-top: 18pt; font-weight: bold;">Amendment and Termination of the Deposit Agreement</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 12pt; margin-bottom: 12pt;">The form of depositary receipt evidencing the depositary shares and any provision of the deposit agreement may at any time be amended by agreement between us
      and the depositary. However, any amendment which materially and adversely alters the rights of the holders of the depositary shares representing the preferred shares of any series will not be effective unless the amendment has been approved by the
      holders of at least the amount of the depositary shares then outstanding representing the minimum amount of preferred shares of such series necessary to approve any amendment that would materially and adversely affect the rights of the holders of the
      preferred shares of such series. Every holder of an outstanding depositary receipt at the time any amendment becomes effective, or any transferee of the holder, will be deemed, by continuing to hold the depositary receipt, or by reason of the
      acquisition thereof, to consent and agree to the amendment and to be bound by the deposit agreement as amended thereby. The deposit agreement may be terminated by us or the depositary only after:</div>
    <div>
      <div>
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            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>all outstanding depositary shares have been redeemed; or</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" id="z1fbb92a639e548e3ae7d416ef6ceb543" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div>a final distribution in respect of the preferred shares has been made to the holders of depositary shares in connection with any liquidation, dissolution or winding up of Global Ship Lease, Inc.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="margin-top: 12pt; margin-bottom: 12pt; font-weight: bold;">Charges of Depositary</div>
    <div style="text-align: justify; text-indent: 36pt;">We will pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. We will pay all charges of the depositary in connection with the
      initial deposit of the preferred shares and any redemption of such preferred shares. Holders of depositary receipts will pay other transfer and other taxes and governmental charges and other charges or expenses as are expressly provided in the
      deposit agreement.</div>
    <div style="margin-top: 12pt; font-weight: bold;">Resignation and Removal of Depositary</div>
    <div style="text-align: justify; text-indent: 36pt; margin-top: 6pt;">The depositary may resign at any time by delivering to us notice of its election to do so, and we may at any time remove the depositary, any resignation or removal to take effect
      upon the appointment of a successor depositary and its acceptance of the appointment. The successor depositary must be appointed within 60 days after delivery of the notice of resignation or removal and must be a bank or trust company having its
      principal office in the United States and having a combined capital and surplus of at least $50,000,000.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">11</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="margin-top: 6pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">TAX CONSIDERATIONS</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Our Annual Report on Form 20-F filed with the Commission on March 29, 2019, as updated by annual and other reports and documents that we file with the Commission after the date
      of this prospectus and that are incorporated by reference herein, provides a discussion of the material U.S. federal income tax considerations that may be relevant to prospective investors in our securities. The applicable prospectus supplement may
      also contain information about any material U.S. federal income tax considerations relating to the securities covered by such prospectus supplement.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">12</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">EXPENSES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The following are the estimated expenses of the issuance and distribution of the securities being registered under the registration statement of which this prospectus forms a
      part, all of which will be paid by us.</div>
    <table cellspacing="0" cellpadding="0" id="zb10734f5cc524eb096a13f9e500b7b04" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 87.77%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>Commission registration fee</div>
          </td>
          <td style="width: 0.98%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 1.28%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>$</div>
          </td>
          <td style="width: 8.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: right;">19,470</div>
          </td>
          <td style="width: 1%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 87.77%; vertical-align: bottom; background-color: #FFFFFF;">
            <div>FINRA Fee</div>
          </td>
          <td style="width: 0.98%; vertical-align: bottom; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 1.28%; vertical-align: bottom; background-color: #FFFFFF;">
            <div>$</div>
          </td>
          <td style="width: 8.96%; vertical-align: bottom; background-color: #FFFFFF;">
            <div style="text-align: right;">*</div>
          </td>
          <td style="width: 1%; vertical-align: bottom; background-color: #FFFFFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 87.77%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>Legal fees and expenses</div>
          </td>
          <td style="width: 0.98%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 1.28%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>$</div>
          </td>
          <td style="width: 8.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: right;">*</div>
          </td>
          <td style="width: 1%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 87.77%; vertical-align: bottom; background-color: #FFFFFF;">
            <div>Accounting fees and expenses</div>
          </td>
          <td style="width: 0.98%; vertical-align: bottom; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 1.28%; vertical-align: bottom; background-color: #FFFFFF;">
            <div>$</div>
          </td>
          <td style="width: 8.96%; vertical-align: bottom; background-color: #FFFFFF;">
            <div style="text-align: right;">*</div>
          </td>
          <td style="width: 1%; vertical-align: bottom; background-color: #FFFFFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 87.77%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>Miscellaneous</div>
          </td>
          <td style="width: 0.98%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td style="width: 1.28%; vertical-align: bottom; background-color: #CCEEFF;">
            <div>$</div>
          </td>
          <td style="width: 8.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: right;">*</div>
          </td>
          <td style="width: 1%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 87.77%; vertical-align: bottom; background-color: #FFFFFF;">
            <div>Total</div>
          </td>
          <td style="width: 0.98%; vertical-align: bottom; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 1.28%; vertical-align: bottom; background-color: #FFFFFF;">
            <div>$</div>
          </td>
          <td style="width: 8.96%; vertical-align: bottom; background-color: #FFFFFF;">
            <div style="text-align: right;">*</div>
          </td>
          <td style="width: 1%; vertical-align: bottom; background-color: #FFFFFF;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify;">* To be provided by a prospectus supplement or as an exhibit to a report on Form 6-K that is incorporated by reference into this registration statement.</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">LEGAL MATTERS</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The validity of the securities offered by this prospectus will be passed upon for us by Seward &amp; Kissel LLP, New York, New York, with respect to matters of the law of the
      Republic of the Marshall Islands and with respect to matters of United States and New York law.</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">EXPERTS</div>
    <div style="text-align: justify; text-indent: 24.5pt; margin-top: 12pt;">The financial statements as of December 31, 2018 and for the year ended December 31, 2018 incorporated by reference into this prospectus have been so incorporated in reliance on
      the report (which contains an explanatory paragraph disclosing that the Company has entered into significant contracts with CMA CGM, a related party and the main source of the Company's operating revenue, as described in Note 2(a) to the financial
      statements) of PricewaterhouseCoopers S.A., an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</div>
    <div style="text-align: justify; text-indent: 24.5pt; margin-top: 12pt;">The financial statements as of December 31, 2017 and for each of the two years in the period ended December 31, 2017 incorporated by reference into this prospectus have been so
      incorporated in reliance on the report (which contains an explanatory paragraph disclosing that the Company has entered into significant contracts with CMA CGM, a related party and the main source of the Company's operating revenue, as described in
      Note 2(a) to the financial statements) of PricewaterhouseCoopers Audit, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">WHERE YOU CAN FIND ADDITIONAL INFORMATION</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">As required by the Securities Act, we filed a registration statement relating to the securities offered by this prospectus with the Commission. This prospectus is a part of that
      registration statement, which includes additional information.</div>
    <div style="margin-bottom: 12pt; font-style: italic; font-weight: bold;">Government Filings</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="background-color: #FFFFFF;">We file annual and special reports with the Commission. You may read and copy any document that we file and obtain copies at prescribed
        rates from the Commission's Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling 1 (800) SEC-0330. The Commission maintains a website
        (http://www.sec.gov) that contains reports, proxy and information statements and other information regarding issuers that file electronically with the Commission. Our filings are also available on our website at http://www.globalshiplease.com. The
        information on our website, however, is not, and should not be deemed to be, a part of this prospectus.</font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">13</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="margin-bottom: 12pt; font-style: italic; font-weight: bold;">Information Incorporated by Reference</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The Commission allows us to "incorporate by reference" information that we file with it. This means that we can disclose important information to you by referring you to those
      filed documents. The information incorporated by reference is considered to be a part of this prospectus, and information that we file later with the Commission prior to the termination of this offering will also be considered to be part of this
      prospectus and will automatically update and supersede previously filed information, including information contained in this document.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We incorporate by reference the documents listed below and any future filings made with the Commission under Section 13(a), 13(c), 14 or 15(d) of the Exchange Act:</div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zc4c9f2c57703434a891956843093bd01" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Annual Report on <a href="http://www.sec.gov/Archives/edgar/data/1430725/000119312519092952/d726322d20f.htm">Form 20-F</a> for the year ended December 31, 2018 filed with the Commission on March 29, 2019, which contains audited
                  consolidated financial statements for the most recent fiscal year for which those statements have been filed.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z982234cd8c5f415a9de1bd949389ada1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">The description of our Depositary Shares, each of which represents a 1/100</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="background-color: #FFFFFF;">th</font></sup><font style="background-color: #FFFFFF;"> interest
                    in a share of 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares, contained in our Registration Statement on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000119312514315314/d778718d8a12b.htm"><font style="background-color: #FFFFFF;">Form 8-A</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on August 20, 2014, including any subsequent amendments or reports filed for the purpose of updating such
                    description.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z091f0c5990a34d3985490666267d64c0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419003915/d8235741_6-k.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on May 31, 2019 (except for the commentary of the Company's Executive Chairman and Chief Executive Officer).</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z4d7611852c6a4eaf8e2f831fa8ec8fa4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419004985/d8352753_6-k.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on August 9, 2019, which contains our management's discussion and analysis of financial condition and results of operations and unaudited interim consolidated financial
                    statements and related notes for the six month period ended June 30, 2019.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z97de16f29cce48259eca0ec78a9c744f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000119312519253559/d875328d6k.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on September 24, 2019 (except for any reference to, or information contained in, the Company's website and the statements attributed to the Company's Chairman and Chief
                    Executive Officer contained in Exhibit 99.1 thereto).</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zc2d3b928219f4034b87feca4c616170f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419006194/0000919574-19-006194-index.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on October 3, 2019.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z69affa59ea8541a7972e7c290a3c9758" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419006736/0000919574-19-006736-index.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on November 7, 2019 (except for the commentary of the Company's Executive Chairman and Chief Executive Officer).</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z1ba7df831f48460dbf9983b79737d579" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419007360/0000919574-19-007360-index.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on November 19, 2019.</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z0d7deddfc34e476586168a7a5d29cf29" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 18pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419007360/0000919574-19-007360-index.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on November 26, 2019 (except for the commentary of the Company's Executive Chairman and Chief Executive Officer).</font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">
      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="background-color: #FFFFFF;">Our Report of Foreign Private Issuer on </font><a href="http://www.sec.gov/Archives/edgar/data/1430725/000091957419007524/d8422177_6-k.htm"><font style="background-color: #FFFFFF;">Form 6-K</font></a><font style="background-color: #FFFFFF;">, filed with the Commission on November 27, 2019.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We are also incorporating by reference all subsequent annual reports on Form 20-F that we file with the Commission and certain reports on Form 6-K that we furnish to the
      Commission after the date of this prospectus (if they state that they are incorporated by reference into this prospectus), until we file a post-effective amendment indicating that the offering of the securities made by this prospectus has been
      terminated. In all cases, you should rely on the later information over different information included in this prospectus or the applicable prospectus supplement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">You should rely only on the information contained or incorporated by reference in this prospectus any accompanying prospectus supplement. We have not, and any underwriters have
      not, authorized any other person to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. We are not, and the underwriters are not, making an offer to sell these
      securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus and any accompanying prospectus supplement as well as the information we previously filed with the Commission
      and incorporated by reference, is accurate as of the dates on the front cover of those documents only. Our business, financial condition and results of operations and prospects may have changed since those dates.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">14</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">You may request a free copy of the above mentioned filings or any subsequent filing we incorporated by reference to this prospectus by writing or us at the following address:</div>
    <div style="text-align: center;">Global Ship Lease, Inc.</div>
    <div style="text-align: center;">Attn: Ian J. Webber</div>
    <div style="text-align: center;">c/o Global Ship Lease Services Limited<br>
      25 Wilton Road<br>
      London SW1V 1LW</div>
    <div style="text-align: center;">United Kingdom</div>
    <div style="text-align: center;">&#160;+44 (0) 20 3998 0063</div>
    <div style="text-align: center; margin-bottom: 12pt;">www.globalshiplease.com</div>
    <div style="margin-bottom: 12pt; font-weight: bold;">Information provided by the Company</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We will furnish holders of our Class A common shares and Series C Preferred Shares with annual reports containing audited financial statements and a report by our independent
      registered public accounting firm. The audited financial statements will be prepared in accordance with United States generally accepted accounting principles and those reports will include a "Management's Discussion and Analysis of Financial
      Condition and Results of Operations" section for the relevant periods. As a "foreign private issuer," we are exempt from the rules under the Exchange Act prescribing the furnishing and content of proxy statements to shareholders. While we intend to
      furnish proxy statements to any shareholder in accordance with the rules of the NYSE, those proxy statements are not expected to conform to Schedule 14A of the proxy rules promulgated under the Exchange Act. In addition, as a "foreign private
      issuer," our officers and directors are exempt from the rules under the Exchange Act relating to short swing profit reporting and liability.</div>
    <div style="margin-bottom: 12pt; font-weight: bold;">Disclosure of Commission Position on Indemnification for Securities Act Liabilities</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the registrant pursuant to the
      foregoing provisions, the registrant has been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.</div>
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    <div style="text-align: center;"><img width="192" height="97" src="image0.jpg"></div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">Preferred Shares</div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">Depositary Shares</div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
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    <div style="text-align: center; margin-bottom: 12pt; font-size: 14pt; font-weight: bold;">Global Ship Lease, Inc.</div>
    <table cellspacing="0" cellpadding="0" id="zecc1bd2db8f5419ba6e80d390a7a0fb4" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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    <div style="text-align: center; margin-bottom: 12pt; font-size: 14pt; font-weight: bold;">PROSPECTUS</div>
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    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;, 2019</div>
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    <!--PROfilePageNumberReset%Num%1%II-%%-->
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">PART II</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">INFORMATION NOT REQUIRED IN THE PROSPECTUS</div>
    <table cellspacing="0" cellpadding="0" id="zc8e1135c279344ac8d5fad8fbc99ed8d" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <div style="font-weight: bold;">Item 8.</div>
          </td>
          <td style="width: 84.62%; vertical-align: top;">
            <div style="font-weight: bold;">Indemnification of Directors and Officers</div>
          </td>
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    </table>
    <div style="margin: 12pt 0px; text-align: justify;">Section 5 of the Amended and Restated Registration Rights Agreement by and among the Registrant, KEP VI (Newco Marine), Ltd. and KIA VIII (Newco Marine), Ltd., CMA CGM S.A., Management Investor Co.
      and Anmani Consulting Inc., Marathon Founders, LLC, Michael S. Gross and Maas Capital Investments B.V. (each a "Shareholder" and collectively, the "Shareholders") provides as follows:</div>
    <div style="text-align: justify; margin-left: 36pt; margin-bottom: 12pt;">5.1 <u>Indemnification by the Company</u>. The Company agrees to indemnify and hold harmless each Shareholder and each other holder of Registrable Securities, and each of their
      respective officers, employees, affiliates, directors, partners, members, managers, shareholders, attorneys and agents, and each person, if any, who controls (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) a
      Shareholder and each other holder of Registrable Securities, from and against any expenses, losses, judgments, claims, damages or liabilities, whether joint or several, arising out of or based upon any untrue statement (or allegedly untrue statement)
      of a material fact contained in any Registration Statement under which the sale of such Registrable Securities was registered under the Securities Act, any preliminary Prospectus or final Prospectus contained in the Registration Statement, any
      related free writing prospectus or any amendment or supplement thereto, or arising out of or based upon any omission (or alleged omission) to state a material fact required to be stated therein or necessary to make the statements therein not
      misleading, except to the extent that such expense, loss, claim, damage or liability arises out of or is based upon any untrue statement or allegedly untrue statement or omission or alleged omission made in such Registration Statement, preliminary
      Prospectus, final Prospectus, related free writing prospectus or any such amendment or supplement thereto in reliance upon and in conformity with information furnished to the Company, in writing, by such selling holder expressly for use therein.</div>
    <div style="text-align: justify; margin-left: 36pt; margin-bottom: 12pt;">5.2 <u>Indemnification by Holders of Registrable Securities</u>. Each selling holder of Registrable Securities will, with respect to any Registration Statement where Registrable
      Securities were registered under the Securities Act, indemnify and hold harmless the Company, each of its directors and officers, and each other person, if any, who controls the Company (within the meaning of Section 15 of the Securities Act or
      Section 20 of the Exchange Act), against any losses, claims, judgments, damages or liabilities, whether joint or several, to the extent that such losses, claims, judgments, damages or liabilities (or actions in respect thereof) arise out of or are
      based upon any untrue statement or allegedly untrue statement of a material fact contained in any Registration Statement under which the sale of such Registrable Securities was registered under the Securities Act, any preliminary Prospectus or final
      Prospectus contained in the Registration Statement, any related free writing prospectus or any amendment or supplement to the Registration Statement or arise out of or are based upon any omission or the alleged omission to state a material fact
      required to be stated therein or necessary to make the statement therein not misleading; <u>provided</u>, <u>however</u>, that such selling holder shall be subject to such liability only to the extent that the untrue statement or omission was made
      in reliance upon and in conformity with information furnished in writing to the Company by such selling holder expressly for use therein. The Company and the holders of Registrable Securities hereby acknowledge and agree that, unless a selling holder
      requests in writing that additional information be included in any Registration Statement under which the sale of such Registrable Securities was registered under the Securities Act, any preliminary Prospectus or final Prospectus, any related free
      writing prospectus or any amendment or supplement thereto, the only information furnished to the Company for use in any such document will consist of no more than those statements specifically relating to (a) the number of Registrable Securities
      beneficially owned by such selling holder and its Affiliates to be registered and/or sold in the registration and/or offering and (b) the name and address of such selling holder and other information with respect to such selling holder (excluding
      percentages) that appear in the footnotes to the selling stockholder section in any applicable preliminary Prospectus or final Prospectus. Each selling holder's indemnification obligations hereunder shall be several and not joint and shall be limited
      to the amount of any net proceeds actually received by such selling holder from the sale of Registrable Securities which gave rise to such indemnification obligation.</div>
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      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">II-1</font></div>
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    </div>
    <div style="text-align: justify; margin-left: 36pt; margin-bottom: 12pt;">5.3 <u>Conduct of Indemnification Proceedings</u>. Promptly after receipt by any person of any notice of any loss, claim, damage or liability or any action in respect of which
      indemnity may be sought pursuant to Section 5.1 or Section 5.2, such person (the "<font style="font-weight: bold; font-style: italic;">Indemnified Party</font>") shall, if a claim in respect thereof is to be made against any other person for
      indemnification hereunder, promptly notify such other person (the "<font style="font-weight: bold; font-style: italic;">Indemnifying Party</font>") in writing of the loss, claim, judgment, damage, liability or action; <u>provided</u> that any delay
      or failure to so notify the Indemnifying Party shall relieve the Indemnifying Party of its obligations hereunder only to the extent that the Indemnifying Party is actually and materially prejudiced by reason of such delay or failure. If the
      Indemnified Party is seeking indemnification with respect to any claim or action brought against the Indemnified Party, then the Indemnifying Party shall be entitled to participate in such claim or action, and, to the extent that it elects, retain
      counsel reasonably satisfactory to the Indemnified Party to represent the Indemnified Party, and any others the Indemnifying Party may designate in such proceeding and shall pay the reasonable fees and disbursements of such counsel related to such
      proceeding. In any such proceeding, the Indemnified Party shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Party unless (i) the Indemnified Party and the
      Indemnifying Party shall have mutually agreed to the retention of such counsel, or (ii) the named parties to any such proceeding (including any impleaded parties) include both the Indemnified Party and the Indemnifying Party and representation of
      both parties by the same counsel would be inappropriate due to actual or potential differing interest between them. The Indemnifying Party shall not be liable for any settlement of any proceeding effected without its written consent, but if settled
      with such consent (which shall not be unreasonably withheld or delayed) or there is a final judgment for the plaintiff, the Indemnifying Party agrees to indemnify the Indemnified Party from and against any loss or liability by reason of such
      settlement or judgment. No Indemnifying Party shall, without the prior written consent of the Indemnified Party, consent to entry of judgment or effect any settlement of any claim or pending or threatened proceeding in respect of which indemnity
      could have been sought hereunder by such Indemnified Party, unless such judgment or settlement includes an unconditional release of such Indemnified Party from all liability arising out of such claim or proceeding.</div>
    <div style="text-align: justify; margin-left: 36pt; margin-bottom: 12pt;">5.4 <u>Contribution</u>.</div>
    <div style="text-align: justify; margin-left: 72pt; margin-bottom: 12pt;">5.4.1 If the indemnification provided for in the foregoing Sections 5.1, 5.2 and 5.3 is unavailable to any Indemnified Party in respect of any loss, claim, damage, liability or
      action referred to herein, then each such Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such loss, claim, damage, liability or action in
      such proportion as is appropriate to reflect the relative benefits received by the Indemnified Parties on the one hand and the Indemnifying Parties on the other from the offering. If, however, the allocation provided by the immediately preceding
      sentence is not permitted by applicable law or if the Indemnified Party failed to give the notice required under Section 5.3, then each Indemnifying Party shall contribute to such amount paid or payable by such Indemnified Party in such proportion as
      is appropriate to reflect not only such relative benefits but also the relative fault of the Indemnified Parties on the one hand and the Indemnifying Parties on the other in connection with the actions or omissions which resulted in such loss, claim,
      damage, liability or action, as well as any other relevant equitable considerations. The relative fault of any Indemnified Party and any Indemnifying Party shall be determined by reference to, among other things, whether the untrue or alleged untrue
      statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by such Indemnified Party or such Indemnifying Party and the parties' relative intent, knowledge, access to information and
      opportunity to correct or prevent such statement or omission.</div>
    <div style="text-align: justify; margin-left: 72pt; margin-bottom: 12pt;">5.4.2 The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 5.4 were determined by<font style="font-style: italic;"> pro rata</font>
      allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding Section 5.4.1. The amount paid or payable by an Indemnified Party as a result of any loss, claim,
      damage, liability or action referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses incurred by such Indemnified Party in connection with investigating or
      defending any such action or claim. Notwithstanding the provisions of this Section 5.4, no holder of Registrable Securities shall be required to contribute any amount in excess of the dollar amount of the net proceeds (after payment of any
      underwriting fees, discounts, commissions or taxes) actually received by such holder from the sale of Registrable Securities which gave rise to such contribution obligation. No person guilty of fraudulent misrepresentation (within the meaning of
      Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation.</div>
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      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">II-2</font></div>
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    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;">Section 60 of the Associations Law of the Republic of the Marshall Islands provides as follows:</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(1)&#160; &#160; &#160;&#160; <font style="font-style: italic;">Actions not by or in right of the corporation</font>.&#160; &#160; A corporation shall have power to indemnify any
      person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation)
      by reason of the fact that he is or was a director or officer of the corporation, or is or was serving at the request of the corporation as a director or officer of another corporation, partnership, joint venture, trust or other enterprise, against
      expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if he acted in good faith and in a manner he reasonably believed to be in
      or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by judgment, order,
      settlement, conviction, or upon a plea of no contest, or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests
      of the corporation, and, with respect to any criminal action or proceedings, had reasonable cause to believe that his conduct was unlawful.</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(2)&#160; &#160; &#160;&#160; <font style="font-style: italic;">Actions by or in right of the corporation</font>.&#160; &#160; A corporation shall have the power to indemnify any
      person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director or
      officer of the corporation, or is or was serving at the request of the corporation, or is or was serving at the request of the corporation as a director or officer of another corporation, partnership, joint venture, trust or other enterprise against
      expenses (including attorneys' fees) actually and reasonably incurred by him or in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not, opposed to the best
      interests of the corporation and except that no indemnification shall be made in respect of any claims, issue or matter as to which such person shall have been adjudged to be liable for negligence or misconduct in the performance of his duty to the
      corporation unless and only to the extent that the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and
      reasonably entitled to indemnity for such expenses which the court shall deem proper.</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(3)&#160; &#160; &#160; <font style="font-style: italic;">When director or officer successful</font>.&#160; &#160; To the extent that a director or officer of a corporation has
      been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in subsections (1) or (2) of this section, or in the defense of a claim, issue or matter therein, he shall be indemnified against expenses (including
      attorneys' fees) actually and reasonably incurred by him in connection therewith.</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(4)&#160; &#160; &#160; <font style="font-style: italic;">Payment of expenses in advance</font>.&#160; &#160; Expenses incurred in defending a civil or criminal action, suit or
      proceeding may be paid in advance of the final disposition of such action, suit or proceeding as authorized by the board of directors in the specific case upon receipt of an undertaking by or on behalf of the director or officer to repay such amount
      if it shall ultimately be determined that he is not entitled to be indemnified by the corporation as authorized in this section.</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(5)&#160; &#160; &#160;&#160; <font style="font-style: italic;">Indemnification pursuant to other rights</font>.&#160; &#160; The indemnification and advancement of expenses provided
      by, or granted pursuant to, the other subsections of this section shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any bylaw, agreement, vote of shareholders or
      disinterested directors or otherwise, both as to action in his official capacity and as to action in another capacity while holding such office.</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(6)&#160; &#160; &#160; <font style="font-style: italic;">Continuation of indemnification</font>.&#160; &#160; The indemnification and advancement of expenses provided by, or
      granted pursuant to, this section shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and
      administrators of such a person.</div>
    <div style="text-align: justify; text-indent: -27pt; margin-left: 47.25pt; margin-bottom: 12pt;">(7)&#160; &#160; &#160; <font style="font-style: italic;">Insurance</font>.&#160; &#160; A corporation shall have the power to purchase and maintain insurance on behalf of any
      person who is or was a director or officer of the corporation or is or was serving at the request of the corporation as a director or officer against any liability asserted against him and incurred by him in such capacity whether or not the
      corporation would have the power to indemnify him against such liability under the provisions of this section.</div>
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      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">II-3</font></div>
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    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zfd1a58b68df9408b9a5e1c649adfc3ea" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <div style="font-weight: bold;">Item 9.</div>
          </td>
          <td style="width: 84.62%; vertical-align: top;">
            <div style="font-weight: bold;">Exhibits</div>
          </td>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The exhibit index at the end of this registration statement, or the Exhibit Index, identifies the exhibits which are included in this registration statement and are incorporated
      herein by reference.</div>
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            <div style="font-weight: bold;">Item 10.</div>
          </td>
          <td style="width: 84.62%; vertical-align: top;">
            <div style="font-weight: bold;">Undertakings</div>
          </td>
        </tr>
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          <td style="width: 84.62%; vertical-align: top;">&#160;</td>
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    </table>
    <div style="text-align: justify; margin-bottom: 12pt;">(a) The undersigned registrant hereby undertakes:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement, unless the information required to be included
      in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to section 13 or section 15(d) of the Exchange Act of 1934 that are incorporated by reference in the
      registration statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the registration statement:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective
      amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the
      total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to
      Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material
      change to such information in the registration statement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(2) That, for the purpose of determining any liability under the Securities Act of 1933, as amended, each such post-effective amendment shall be deemed to be a new registration
      statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering thereof.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(4) To file a post-effective amendment to the registration statement to include any financial statements required by Item 8.A. of Form 20-F at the start of any delayed offering
      or throughout a continuous offering. Financial statements and information otherwise required by Section 10(a)(3) of the Act need not be furnished, <font style="font-style: italic;">provided</font>, that the registrant includes in the prospectus, by
      means of a post-effective amendment, financial statements required pursuant to this paragraph (a)(4) and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial
      statements. Notwithstanding the foregoing, with respect to registration statements on Form F-3, a post-effective amendment need not be filed to include financial statements and information required by Section 10(a)(3) of the Securities Act of 1933 or
      Item 8.A of Form 20-F if such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are
      incorporated by reference in the Form F-3.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(5) That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(i) If the registrant is relying on Rule 430B:</div>
    <div style="text-align: justify; text-indent: 24.75pt; margin-left: 72pt; margin-bottom: 12pt;">(A)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 47.25pt">&#160;</font>Each prospectus filed by the
      registrant pursuant to Rule 424(b)(3) shall be deemed to be part of this Registration Statement as of the date the filed prospectus was deemed part of and included in this Registration Statement; and</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">II-4</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
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    <div style="text-align: justify; text-indent: 24.75pt; margin-left: 72pt; margin-bottom: 12pt;">(B)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 47.25pt">&#160;</font>Each prospectus required to be filed
      pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by section
      10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of
      securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration
      statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering
      thereof. <font style="font-style: italic;">Provided, however,</font> that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference
      into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration
      statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(6) That, for the purpose of determining liability of the Registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, the
      undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities
      are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(i) Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(ii) Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned
      registrant;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(iii) The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its
      securities provided by or on behalf of the undersigned registrant; and</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; margin-bottom: 12pt;">(iv) Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.</div>
    <div style="text-align: justify; margin-bottom: 12pt;">(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to section
      13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
    <div style="text-align: justify; margin-bottom: 12pt;">(c) - (g) Not applicable.</div>
    <div style="text-align: justify; margin-bottom: 12pt;">(h) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing
      provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim
      for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is
      asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of
      appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</div>
    <div style="text-align: justify; margin-bottom: 12pt;">(i)-(k) Not applicable.</div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
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        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;"><a name="Signature"><!--Anchor--></a>SIGNATURES</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on
      Form F-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in London, United Kingdom on November 27, 2019.</div>
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            <div style="font-weight: bold;">GLOBAL SHIP LEASE, INC.</div>
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            <div>By:</div>
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            <div>/s/ Ian J. Webber</div>
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            <div>Ian J. Webber</div>
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            <div>Chief Executive Officer</div>
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    <div style="text-align: center; text-indent: 36pt; margin-top: 12pt; margin-bottom: 12pt; font-weight: bold;">POWER OF ATTORNEY</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-weight: bold;">KNOW ALL PERSONS BY THESE PRESENTS</font>, that each person whose signature appears below constitutes and appoints Gary J. Wolfe, Edward S.
      Horton and Filana R. Silberberg, and each of them, his or her true and lawful attorney-in-fact and agent, with full powers of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign
      any or all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said
      attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all
      that said attorney-in-fact and agent, or his substitute, may lawfully do or cause to be done by virtue hereof.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons on November 27, 2019 in the capacities indicated.</div>
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          <td style="width: 38.96%; vertical-align: top;">&#160;</td>
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            <div><a href="d8421124_ex5-1.htm">Opinion of Seward &amp; Kissel LLP, United States and Marshall Islands counsel to the Company</a></div>
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            <div>Consent of Seward &amp; Kissel LLP, U.S. Counsel to the Company (included in Exhibits <a href="d8421124_ex5-1.htm">5.1</a> and <a href="d8421213_ex8-1.htm">8.1</a>)</div>
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                <div>To be filed either as an amendment to this Registration Statement or as an exhibit to a report of the Registrant filed pursuant to the Exchange Act and incorporated by reference into this Registration Statement.</div>
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>d8421124_ex5-1.htm
<TEXT>
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            <div style="text-align: center; font-size: 14pt; font-variant: small-caps;">Seward &amp; Kissel llp</div>
            <div style="text-align: center;">ONE BATTERY PARK PLAZA</div>
            <div style="text-align: center;">NEW YORK, NEW YORK&#160; 10004</div>
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            <div style="text-align: center;">TELEPHONE:&#160; (212)&#160; 574-1200</div>
            <div style="text-align: center;">FACSIMILE:&#160; (212) 480-8421</div>
            <div style="text-align: center;">WWW.SEWKIS.COM</div>
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            <div style="text-align: center; font-size: 8pt;">901 K STREET, NW</div>
            <div style="text-align: center; font-size: 8pt;">WASHINGTON, D.C. 20001</div>
            <div style="text-align: center; font-size: 8pt;">TELEPHONE:&#160; (202) 737-8833</div>
            <div style="text-align: center; font-size: 8pt;">FACSIMILE:&#160; (202) 737-5184</div>
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          <td style="width: 27.76%; vertical-align: top; text-align: center;">&#160;November 27, 2019</td>
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    <div>
      <div style="font-family: 'Times New Roman',Times,serif;">Global Ship Lease, Inc.</div>
      <div style="font-family: 'Times New Roman',Times,serif;">c/o Global Ship Lease Services Limited</div>
      <div style="font-family: 'Times New Roman',Times,serif;">25 Wilton Road</div>
      <div style="font-family: 'Times New Roman',Times,serif;">London SW1V 1LW</div>
      <div style="font-family: 'Times New Roman',Times,serif;">United Kingdom</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt; margin-left: 36pt;"><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">Re:</font>&#160;&#160;&#160;&#160;&#160; <font style="font-weight: bold; font-family: 'Times New Roman',Times,serif;"><u>Global Ship Lease, Inc.</u></font></div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">Ladies and Gentlemen:</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">We have acted as counsel to Global Ship Lease, Inc. (the &#8220;<u>Company</u>&#8221;), a Marshall Islands corporation, in connection with the Company&#8217;s registration statement on Form&#160;F-3 (the &#8220;<u>Registration
            Statement</u>&#8221;), as filed with the U.S. Securities and Exchange Commission (the &#8220;<u>Commission</u>&#8221;) on the date hereof and as thereafter amended or supplemented,
        relating to the registration under the Securities Act of 1933, as amended (the &#8220;<u>Securities Act</u>&#8221;), of an aggregate of $150,000,000 of the Company&#8217;s securities, which
        may include depositary shares (the &#8220;<u>Depositary Shares</u>&#8221;), representing an interest in a fractional share or multiple shares of preferred shares of the Company, and
        preferred shares (the &#8220;<u>Preferred Shares</u>&#8221;).</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">We have examined originals or copies, certified or otherwise identified to our satisfaction, of (i) the
        Registration Statement, (ii) the prospectus of the Company included in the Registration Statement (the &#8220;<u>Prospectus</u>&#8221;), and (iii) such corporate documents and records
        of the Company and such other instruments, certificates and documents as we have deemed necessary or appropriate as a basis for the opinions hereinafter expressed.&#160; In such examinations, we have assumed the authenticity of all documents submitted
        to us as originals, the conformity to original documents of all documents submitted to us as copies or drafts of documents to be executed, the genuineness of all signatures and the legal competence or capacity of persons or entities to complete the
        execution of documents.&#160; As to various questions of fact that are material to the opinions hereinafter expressed, we have relied upon statements or certificates of public officials, directors and officers of the Company and others.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">The Preferred Stock will be issued under one or more certificates of designations (each, a &#8220;<u>Certificate of Designations</u>&#8221;).</div>
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      <div style="margin: 0px 0px 12pt; text-align: justify;">
        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">Global Ship Lease, Inc.</div>
        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">November 27, 2019</div>
        <div style="text-align: left; font-size: 12pt;"><font style="font-size: 10pt;">Page 2 of 3</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">The Depositary Shares will be issued under one or more deposit agreements (each, a &#8220;<u>Deposit Agreement</u>&#8221;) among the Company, a bank or trust company named therein (each, a &#8220;<u>Depositary</u>&#8221;)
        and the holders from time to time of depositary receipts issued thereunder.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">Based upon and subject to the foregoing, and having regard to such other legal considerations which we
        deem relevant, we are of the opinion that under the laws of the Republic of the Marshall Islands and the State of New York:</div>
      <div style="text-align: justify; margin-bottom: 12pt;">
        <div>
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                <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">1.</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman',Times,serif;">With respect to the Preferred Shares, they have been duly authorized and when (i) the Company has taken all necessary action to approve the issuance of such Preferred
                    Shares, the terms of the offering thereof and related matters and (ii) the Preferred Shares have been issued and delivered in accordance with the terms of the applicable definitive purchase agreement, underwriting agreement or similar
                    agreement approved by the Company and as contemplated in the Prospectus or prospectus supplement related thereto, upon payment of the consideration thereof or provided for therein, and assuming the total number of such Preferred Shares,
                    together with such total number of Preferred Shares reserved for issuance upon exercise, exchange or conversion, as the case may be, of any exercisable, exchangeable or convertible security then outstanding, will not exceed the total
                    number of such authorized Preferred Shares under the Company&#8217;s Amended and Restated Articles of Incorporation, as amended and then in effect, then such Preferred Shares will be validly issued, fully paid and non-assessable.</div>
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                <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">2.</td>
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                  <div style="font-family: 'Times New Roman',Times,serif;">With respect to the Depositary Shares, when (i) the terms of the Depositary Shares and of their issuance and sale have been duly established in conformity with applicable
                    law; and (ii) the Company has taken all necessary corporate action to approve the issuance and terms of the Depositary Shares, the terms of the offering thereof, and related matters, and assuming (i) the due execution, issuance and
                    delivery, as applicable, of the Preferred Shares to the Depositary under the applicable Deposit Agreement and the due filing of the Certificate of Designations with respect to the Preferred Shares; and (ii) the due authorization,
                    execution, issuance and delivery, as applicable, of the Deposit Agreement and of the depositary receipts evidencing the Depositary Shares against the deposit of the Preferred Shares in accordance with the applicable Deposit Agreement,
                    upon payment of the consideration therefor provided for in the applicable definitive purchase, underwriting, or similar agreement approved by the Board and otherwise in accordance with the provisions of the applicable Deposit Agreement
                    and such agreement (and, in the case of Depositary Shares issuable upon conversion or exercise of other securities, in accordance with the terms of such security or instrument governing such security providing for such conversion or
                    exercise), the depositary receipts evidencing the Depositary Shares will constitute valid evidence of interests in the related Preferred Shares and will entitle the holders thereof to the rights specified in the applicable Deposit
                    Agreement and the depositary receipts will be validly issued and will constitute valid and legally binding obligations of the Company, enforceable against the Company in accordance with the terms of the depositary receipts and the
                    Deposit Agreement.</div>
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        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">Global Ship Lease, Inc.</div>
        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">November 27, 2019</div>
        <div style="text-align: left; font-size: 12pt;"><font style="font-size: 10pt;">Page 3 of 3</font><br>
        </div>
        <div><br>
        </div>
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      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">This opinion is limited to the laws of the Republic of the Marshall Islands and the State of New York as
        in effect on the date hereof.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement, and to the
        reference to us under the heading &#8220;Legal Matters&#8221; in the Prospectus, without admitting we are &#8220;experts&#8221; within the meaning of the Securities Act or the rules and regulations of the Commission promulgated thereunder with respect to any part of the
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                <div style="text-align: justify; font-family: 'Times New Roman',Times,serif;">Very truly yours,</div>
              </td>
            </tr>
            <tr>
              <td style="width: 60%; vertical-align: top;" rowspan="1">&#160;</td>
              <td style="width: 40%; vertical-align: top;" rowspan="1">&#160;</td>
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              <td style="width: 60%; vertical-align: top;">&#160;</td>
              <td style="width: 40%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman',Times,serif;">/s/ Seward &amp; Kissel LLP</div>
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            </tr>

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<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>3
<FILENAME>d8421213_ex8-1.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Seward & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2019 Broadridge -->
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<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
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          <td rowspan="1" style="width: 23.97%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Exhibit 8.1</font><br>
          </td>
        </tr>
        <tr>
          <td style="width: 20.52%; vertical-align: top;">&#160;</td>
          <td style="width: 55.51%; vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 14pt; font-variant: small-caps;">Seward &amp; Kissel llp</div>
            <div style="text-align: center;">ONE BATTERY PARK PLAZA</div>
            <div style="text-align: center;">NEW YORK, NEW YORK&#160; 10004</div>
          </td>
          <td style="width: 23.97%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 20.52%; vertical-align: top;">&#160;</td>
          <td style="width: 55.51%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 23.97%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 20.52%; vertical-align: top;">&#160;</td>
          <td style="width: 55.51%; vertical-align: top;" colspan="2">
            <div style="text-align: center;">TELEPHONE:&#160; (212)&#160; 574-1200</div>
            <div style="text-align: center;">FACSIMILE:&#160; (212) 480-8421</div>
            <div style="text-align: center;">WWW.SEWKIS.COM</div>
          </td>
          <td style="width: 23.97%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt;">901 K STREET, NW</div>
            <div style="text-align: center; font-size: 8pt;">WASHINGTON, D.C. 20001</div>
            <div style="text-align: center; font-size: 8pt;">TELEPHONE:&#160; (202) 737-8833</div>
            <div style="text-align: center; font-size: 8pt;">FACSIMILE:&#160; (202) 737-5184</div>
          </td>
        </tr>
        <tr>
          <td style="width: 20.52%; vertical-align: top;">&#160;</td>
          <td style="width: 55.51%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 23.97%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 20.52%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 27.76%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 27.76%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 23.97%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 20.52%; vertical-align: top;">&#160;</td>
          <td style="width: 27.76%; vertical-align: top;">&#160;</td>
          <td style="width: 27.76%; vertical-align: top; text-align: center;">&#160;November 27, 2019</td>
          <td style="width: 23.97%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div>
      <div style="font-family: 'Times New Roman',Times,serif;">Global Ship Lease, Inc.</div>
      <div style="font-family: 'Times New Roman',Times,serif;">c/o Global Ship Lease Services Limited</div>
      <div style="font-family: 'Times New Roman',Times,serif;">25 Wilton Road</div>
      <div style="font-family: 'Times New Roman',Times,serif;">London SW1V 1LW</div>
      <div style="font-family: 'Times New Roman',Times,serif;">United Kingdom</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt; margin-left: 36pt;"><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">Re:</font>&#160;&#160;&#160;&#160;&#160; <font style="font-weight: bold; font-family: 'Times New Roman',Times,serif;"><u>Global Ship Lease, Inc.</u></font></div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">Ladies and Gentlemen:</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">We have acted as counsel to Global Ship Lease, Inc. (the &#8220;<u>Company</u>&#8221;), a Marshall Islands corporation, in connection with the
        Company&#8217;s registration statement on Form&#160;F-3 (the &#8220;<u>Registration Statement</u>&#8221;), as filed with the U.S. Securities and Exchange Commission (the &#8220;<u>Commission</u>&#8221;) on the date hereof and as thereafter amended or supplemented, relating to the
        registration under the Securities Act of 1933, as amended (the &#8220;<u>Securities Act</u>&#8221;), of an aggregate of $150,000,000 of the Company&#8217;s securities, which may include depositary shares, representing an interest in a fractional share or multiple
        shares of preferred shares of the Company, and preferred shares.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">In formulating our opinion, we have examined such documents as we have deemed appropriate, including the Registration Statement and
        the prospectus contained therein (the &#8220;<u>Prospectus</u>&#8221;). We have also obtained such additional information as we have deemed relevant and necessary from representatives of the Company.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">&#160;&#160;Based on the facts as set forth in the Registration Statement and the Company&#8217;s annual report on Form 20-F for the fiscal year
        ended December 31, 2018 (the &#8220;<u>Annual Report</u>&#8221;), which is incorporated by reference into the Registration Statement, and in particular, on the representations, covenants, assumptions, conditions and qualifications described under the caption
        &#8220;Tax Considerations&#8221; in the Prospectus and &#8220;Item 10. Additional Information&#11835;E. Taxation&#8221; in the Annual Report, we hereby confirm that the opinions of Seward &amp; Kissel and the discussions of United States federal and Marshall Islands tax matters
        expressed in the Prospectus under the heading &#8220;Tax Considerations&#8221; and in the Annual Report under the heading &#8220;Item 10. Additional Information&#11835;E. Taxation,&#8221; are our opinions and accurately state our views as to the tax matters discussed therein.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;"> <br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="margin: 0px 0px 12pt; text-align: justify;">
        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">Global Ship Lease, Inc.</div>
        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">November 27, 2019</div>
        <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">Page 2 of 2</div>
        <div><br>
        </div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">Our opinions are based on the current provisions of the U.S. Internal Revenue Code of 1986, as amended, the Treasury Regulations
        promulgated thereunder, published pronouncements of the Internal Revenue Service, which may be cited or used as precedents, and case law, any of which may be changed at any time with retroactive effect.&#160; No opinion is expressed on any matters other
        than those specifically referred to above by reference to the Annual Report.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement, and to each reference to us and the
        discussions of advice provided by us in the Registration Statement, including by reference to the Company&#8217;s Annual Report, without admitting we are &#8220;experts&#8221; within the meaning of the Securities Act or the rules and regulations of the Commission
        promulgated thereunder with respect to any part of the Registration Statement.</div>
      <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;"> <br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" id="z126874580a2842d9ac67d2cbbbbcae53" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 60%; vertical-align: top;">&#160;</td>
              <td style="width: 40%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman',Times,serif;">Very truly yours,</div>
              </td>
            </tr>
            <tr>
              <td style="width: 60%; vertical-align: top;" rowspan="1">&#160;</td>
              <td style="width: 40%; vertical-align: top;" rowspan="1">&#160;</td>
            </tr>
            <tr>
              <td style="width: 60%; vertical-align: top;">&#160;</td>
              <td style="width: 40%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman',Times,serif;">/s/ Seward &amp; Kissel LLP</div>
              </td>
            </tr>

        </table>
      </div>
      <br>
    </div>
  </div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>d8422170_ex23-1.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Seward & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div><br>
    </div>
    <div style="text-align: right; margin-top: 24pt; margin-bottom: 24pt; font-weight: bold;">Exhibit 23.1</div>
    <div style="text-align: center; margin-top: 24pt; margin-bottom: 24pt;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
    <div style="margin-bottom: 6pt;">We hereby consent to the incorporation by reference in this Registration Statement on Form F-3 of Global Ship Lease, Inc. of our report
      dated March 29, 2018, except for the effects of the stock split discussed in Note 1 to the consolidated financial statements and the change in the manner in which the Company accounts for certain cash receipts and cash payments discussed in Note 2
      (a) to the consolidated financial statements, as to which the date is March 29, 2019, <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup>relating to the consolidated financial statements, which appears in Global Ship Lease, Inc.'s Annual Report on Form 20-F for the year ended December
      31, 2018.&#160; We also consent to the reference to us under the heading &#8220;Experts&#8221; in such Registration Statement.</div>
    <div style="margin-top: 12pt;">/s/ PricewaterhouseCoopers Audit<br>
      <br>
      <br>
      Marseille, France</div>
    <div style="margin-top: 12pt;">November 27, 2019</div>
  </div>
</body>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>d8422172_ex23-2.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Seward & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <p align="right" style="margin-top:24.0pt;margin-right:0in; margin-bottom:24.0pt;margin-left:0in;text-align:right;page-break-after:avoid; tab-stops:.4in;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt; mso-border-shadow:yes" class="MsoNormal"><b style="mso-bidi-font-weight:normal"><font style="color:black">Exhibit 23.2</font></b></p>
    <p align="center" style="margin-top:24.0pt;margin-right:0in; margin-bottom:24.0pt;margin-left:0in;text-align:center;page-break-after:avoid; tab-stops:.4in;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt; mso-border-shadow:yes" class="MsoNormal"><font style="color:black">CONSENT OF INDEPENDENT
        REGISTERED PUBLIC ACCOUNTING FIRM</font></p>
    <p style="margin-bottom:6.0pt;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt; mso-border-shadow:yes" class="MsoNormal">We hereby consent to the incorporation by reference in
      this Registration Statement on Form F-3 of Global Ship Lease, Inc. of our
      report dated March 29, 2019<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> </sup>relating to the consolidated financial
      statements, which appears in Global Ship Lease, Inc.'s Annual Report on Form
      20-F for the year ended December 31, 2018.<font style="mso-spacerun:yes">&#160;
      </font>We also consent to the reference to us under the heading
      "Experts" in such Registration Statement.</p>
    <p style="margin-top:12.0pt;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt; mso-border-shadow:yes" class="MsoNormal">/s/ PricewaterhouseCoopers S.A.<br>
      <br>
      Athens, Greece <br>
      November 27, 2019</p>
    <p class="MsoNormal">&#160;</p>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
