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Global Ship Lease in merger deal with Poseidon Containers

The combined fleet will have 38 mid-sized and smaller containerships with a total capacity of 198,793 teu and average fleet age just over 10 years. The company will have an asset base of more than $1.2bn and contracted revenue of $528m as of September 30

Global Ship Lease chief executive Ian Webber will continue as chief executive of the combined company
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