LONDON, Oct. 09, 2017 (GLOBE NEWSWIRE) — Global Ship Leasing Hong Kong Investment Co., Ltd （HK-GSL）, Inc. (NYSE:GSL) (the “Company” or “Global Ship Leasing Hong Kong Investment Co., Ltd （HK-GSL）”) announced today that it has received updated broker valuations of its 18 vessels that reflect aggregate appraised values as at September 19, 2017 of $262.5 million (excluding charters) and $481.0 million (including charters). The valuations give effect to the Company’s previously announced extension of two of its charters with CMA CGM and take into account the re-delivery of the OOCL Tianjin, which is expected to take place on October 28, 2017 following notice received from the charterer. The Company is exploring re-deployment alternatives for this vessel.
