SEC Info - Global Ship Lease, Inc. - ‘20-F’ for 12/31/23

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Global Ship Lease, Inc. – ‘20-F’ for 12/31/23 – ‘EX-101.LAB’

On: Wednesday, 3/20/24, at 5:05pm ET · For: 12/31/23 · Accession #: 1140361-24-14377 · File #: 1-34153

Previous ‘20-F’: ‘20-F’ on 3/23/23 for 12/31/22 · Latest ‘20-F’: This Filing · 14 References:

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/20/24  Global Ship Lease, Inc.           20-F       12/31/23  107:15M                                    Broadridge Fin’l So… Inc

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer — Form 20-F — SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   3.14M 
                Non-Canadian Issuer                                              
 2: EX-1.3      Underwriting Agreement or Conflict Minerals Report  HTML     78K 
                -- exhibit13                                                     
 3: EX-2.3      Plan of Acquisition, Reorganization, Arrangement,   HTML    134K 
                Liquidation or Succession -- exhibit23                           
 4: EX-4.23     Instrument Defining the Rights of Security Holders  HTML    351K 
                -- exhibit423                                                    
 5: EX-4.31     Instrument Defining the Rights of Security Holders  HTML   1.80M 
                -- exhibit431                                                    
 6: EX-8.1      Opinion of Counsel re: Tax Matters -- exhibit81     HTML    120K 
10: EX-13.1     Annual or Quarterly Report to Security Holders --   HTML     30K 
                exhibit131                                                       
11: EX-13.2     Annual or Quarterly Report to Security Holders --   HTML     31K 
                exhibit132                                                       
15: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     60K 
                Awarded Compensation -- exhibit971                               
 7: EX-11.1     Statement re: the Computation of Earnings Per       HTML     97K 
                Share -- exhibit111                                              
 8: EX-12.1     Statement re: the Computation of Ratios --          HTML     35K 
                exhibit121                                                       
 9: EX-12.2     Statement re: the Computation of Ratios --          HTML     35K 
                exhibit122                                                       
12: EX-15.1     Letter re: Unaudited Interim Financial Info --      HTML     28K 
                exhibit151                                                       
13: EX-15.2     Letter re: Unaudited Interim Financial Info --      HTML     30K 
                exhibit152                                                       
14: EX-15.3     Letter re: Unaudited Interim Financial Info --      HTML     28K 
                exhibit153                                                       
21: R1          Cover                                               HTML    102K 
22: R2          Consolidated Balance Sheets                         HTML    174K 
23: R3          Consolidated Balance Sheets (Parenthetical)         HTML     50K 
24: R4          Consolidated Statements of Income                   HTML    123K 
25: R5          Consolidated Statements of Income (Parenthetical)   HTML     42K 
26: R6          Consolidated Statements of Comprehensive Income     HTML     48K 
27: R7          Consolidated Statements of Cash Flows               HTML    171K 
28: R8          Consolidated Statements of Changes in               HTML     36K 
                Shareholder's Equity (Parenthetical)                             
29: R9          Consolidated Statements of Changes in               HTML    103K 
                Shareholder's Equity                                             
30: R10         Description of Business                             HTML    119K 
31: R11         Summary of Significant Accounting Policies          HTML    134K 
32: R12         Restricted Cash                                     HTML     47K 
33: R13         Vessels in Operation                                HTML    124K 
34: R14         Deferred charges, net                               HTML     40K 
35: R15         Intangible Liabilities - Charter Agreements         HTML     45K 
36: R16         Prepaid Expenses and Other Current Assets           HTML     40K 
37: R17         Inventories                                         HTML     39K 
38: R18         Derivative Asset                                    HTML     57K 
39: R19         Accounts Payable                                    HTML     40K 
40: R20         Accrued Liabilities                                 HTML     37K 
41: R21         Long-Term Debt (Narrative I)                        HTML     97K 
42: R22         Long-Term Debt (Narrative II)                       HTML     80K 
43: R23         Long-Term Debt (Narrative III)                      HTML     81K 
44: R24         Long-Term Debt (Narrative IV)                       HTML     96K 
45: R25         Time charter revenue                                HTML     43K 
46: R26         Related Party Transactions                          HTML     49K 
47: R27         Commitments and Contingencies                       HTML     39K 
48: R28         Share Capital                                       HTML     68K 
49: R29         Share-Based Compensation                            HTML     93K 
50: R30         Earnings per Share                                  HTML     69K 
51: R31         Subsequent events                                   HTML     35K 
52: R32         Summary of Significant Accounting Policies          HTML    200K 
                (Policies)                                                       
53: R33         Description of Business (Tables)                    HTML    108K 
54: R34         Restricted Cash (Tables)                            HTML     45K 
55: R35         Vessels in Operation (Tables)                       HTML    105K 
56: R36         Deferred charges, net (Tables)                      HTML     38K 
57: R37         Intangible Liabilities - Charter Agreements         HTML     32K 
                (Tables)                                                         
58: R38         Prepaid Expenses and Other Current Assets (Tables)  HTML     39K 
59: R39         Inventories (Tables)                                HTML     39K 
60: R40         Derivative Asset (Tables)                           HTML     42K 
61: R41         Accounts Payable (Tables)                           HTML     39K 
62: R42         Accrued Liabilities (Tables)                        HTML     36K 
63: R43         Long-Term Debt (Narrative I) (Tables)               HTML     67K 
64: R44         Long-Term Debt (Narrative IV) (Tables)              HTML     45K 
65: R45         Time charter revenue (Tables)                       HTML     40K 
66: R46         Commitments and Contingencies (Tables)              HTML     37K 
67: R47         Share-Based Compensation (Tables)                   HTML     51K 
68: R48         Earnings per Share (Tables)                         HTML     65K 
69: R49         Description of Business - Schedule of Vessels       HTML    223K 
                (Table) (Details)                                                
70: R50         Description of Business (Details Narrative)         HTML     57K 
71: R51         Summary of Significant Accounting Policies          HTML    133K 
                (Details Narrative)                                              
72: R52         Restricted cash (Table) (Details)                   HTML     52K 
73: R53         Vessels in Operation - Schedule of Vessels in       HTML     61K 
                Operation (Table) (Details)                                      
74: R54         Vessels in Operation - Vessels Acquisitions         HTML    111K 
                (Table) (Details)                                                
75: R55         Vessels in Operation (Details Narrative)            HTML     84K 
76: R56         Deferred charges, net (Table) (Details)             HTML     36K 
77: R57         Deferred charges, net (Details Narrative)           HTML     29K 
78: R58         Intangible Liabilities/ Assets - Charter            HTML     32K 
                Agreements - Aggregate Amortization of Intangible                
                Liabilities (Table) (Details)                                    
79: R59         Intangible Liabilities - Charter Agreements         HTML     39K 
                (Details Narrative)                                              
80: R60         Prepaid Expenses and Other Current Assets (Table)   HTML     40K 
                (Details)                                                        
81: R61         Inventories (Table) (Details)                       HTML     37K 
82: R62         Derivative Asset - Schedule of Derivative Assets    HTML     49K 
                (Table) (Details)                                                
83: R63         Derivative Asset (Details Narrative)                HTML     54K 
84: R64         Accounts Payable (Table) (Details)                  HTML     38K 
85: R65         Accrued Liabilities (Table) (Details)               HTML     34K 
86: R66         Long-Term Debt - Schedule of Long - Term Debt       HTML     87K 
                (Table) (Details)                                                
87: R67         Long-Term Debt (Narrative I) (Details Narrative)    HTML    108K 
88: R68         Long-Term Debt (Narrative II) (Details Narrative)   HTML    164K 
89: R69         Long-Term Debt (Narrative III) (Details Narrative)  HTML    214K 
90: R70         Long-Term Debt - Repayment Schedule (Table)         HTML     43K 
                (Details)                                                        
91: R71         Long-Term Debt - Schedule of Deferred Financing     HTML     35K 
                Costs (Table) (Details)                                          
92: R72         Long-Term Debt (Narrative IV) (Details Narrative)   HTML    211K 
93: R73         Time charter revenue - Operating revenue (Table)    HTML     37K 
                (Details)                                                        
94: R74         Related Party Transactions (Details Narrative)      HTML     56K 
95: R75         Commitments and Contingencies - Charter Hire        HTML     41K 
                Receivable (Table) (Details)                                     
96: R76         Commitments and Contingencies (Details Narrative)   HTML     29K 
97: R77         Share Capital (Details Narrative)                   HTML    131K 
98: R78         Share-Based Compensation (Table) (Details)          HTML     52K 
99: R79         Share-Based Compensation (Details Narrative)        HTML    124K 
100: R80         Earnings/(Loss) per Share (Table) (Details)         HTML     56K  
101: R81         Earnings per Share (Details Narrative)              HTML     40K  
102: R82         Subsequent events (Details Narrative)               HTML     47K  
104: XML         IDEA XML File -- Filing Summary                      XML    181K  
107: XML         XBRL Instance -- gsl-20231231_htm                    XML   2.85M  
103: EXCEL       IDEA Workbook of Financial Report Info              XLSX    238K  
17: EX-101.CAL  XBRL Calculations -- gsl-20231231_cal                XML    250K 
18: EX-101.DEF  XBRL Definitions -- gsl-20231231_def                 XML   1.00M 
19: EX-101.LAB  XBRL Labels -- gsl-20231231_lab                      XML   1.65M 
20: EX-101.PRE  XBRL Presentations -- gsl-20231231_pre               XML   1.27M 
16: EX-101.SCH  XBRL Schema -- gsl-20231231                          XSD    343K 
105: JSON        XBRL Instance as JSON Data -- MetaLinks              579±   821K  
106: ZIP         XBRL Zipped Folder -- 0001140361-24-014377-xbrl      Zip   1.01M

‘EX-101.LAB’ — XBRL Labels — gsl-20231231_lab

This Exhibit is an XBRL File.

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<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel"/>

<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel"/>

<link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="dei_EntityAddressesAddressTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesAddressTypeAxis" xlink:to="dei_EntityAddressesAddressTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressesAddressTypeAxis_lbl" xml:lang="en-US"> Entity Addresses, Address Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_BusinessContactMember" xlink:label="dei_BusinessContactMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_BusinessContactMember" xlink:to="dei_BusinessContactMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_BusinessContactMember_lbl" xml:lang="en-US"> Business Contact [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="us-gaap_StatementClassOfStockAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xml:lang="en-US"> Class of Stock [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonClassAMember" xlink:label="us-gaap_CommonClassAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonClassAMember" xlink:to="us-gaap_CommonClassAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonClassAMember_lbl" xml:lang="en-US"> Common Class A [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SeriesBPreferredStockMember" xlink:label="us-gaap_SeriesBPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesBPreferredStockMember" xlink:to="us-gaap_SeriesBPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SeriesBPreferredStockMember_lbl" xml:lang="en-US"> Series B Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US"> Equity Components [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US"> Common Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SeriesCPreferredStockMember" xlink:label="us-gaap_SeriesCPreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesCPreferredStockMember" xlink:to="us-gaap_SeriesCPreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xml:lang="en-US"> Series C Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockMember" xlink:label="us-gaap_PreferredStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockMember" xlink:to="us-gaap_PreferredStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockMember_lbl" xml:lang="en-US"> Preferred Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US"> Retained Earnings [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US"> AOCI Attributable to Parent [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NoncashOrPartNoncashAcquisitionsByUniqueDescriptionAxis" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionsByUniqueDescriptionAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncashOrPartNoncashAcquisitionsByUniqueDescriptionAxis" xlink:to="us-gaap_NoncashOrPartNoncashAcquisitionsByUniqueDescriptionAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionsByUniqueDescriptionAxis_lbl" xml:lang="en-US"> Noncash or Part Noncash Acquisitions by Unique Description [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PoseidonTransactionMember" xlink:label="gsl_PoseidonTransactionMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PoseidonTransactionMember" xlink:to="gsl_PoseidonTransactionMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PoseidonTransactionMember_lbl" xml:lang="en-US"> Poseidon Transaction [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xml:lang="en-US"> Long-Lived Tangible Asset [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ArgosMember" xlink:label="gsl_ArgosMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ArgosMember" xlink:to="gsl_ArgosMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ArgosMember_lbl" xml:lang="en-US"> Argos [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SevenVesselsMember" xlink:label="gsl_SevenVesselsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SevenVesselsMember" xlink:to="gsl_SevenVesselsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SevenVesselsMember_lbl" xml:lang="en-US"> Seven Vessels [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwelveVesselsMember" xlink:label="gsl_TwelveVesselsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwelveVesselsMember" xlink:to="gsl_TwelveVesselsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwelveVesselsMember_lbl" xml:lang="en-US"> Twelve Vessels [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FourVesselsMember" xlink:label="gsl_FourVesselsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FourVesselsMember" xlink:to="gsl_FourVesselsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FourVesselsMember_lbl" xml:lang="en-US"> Four Vessels [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FourNewVesselsMember" xlink:label="gsl_FourNewVesselsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FourNewVesselsMember" xlink:to="gsl_FourNewVesselsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FourNewVesselsMember_lbl" xml:lang="en-US"> Four New Vessels [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidatedEntitiesAxis" xlink:to="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease54LLCMember" xlink:label="gsl_GlobalShipLease54LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease54LLCMember" xlink:to="gsl_GlobalShipLease54LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease54LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 54 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LaertisMarineLLCMember" xlink:label="gsl_LaertisMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LaertisMarineLLCMember" xlink:to="gsl_LaertisMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LaertisMarineLLCMember_lbl" xml:lang="en-US"> Laertis Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PenelopeMarineLLCMember" xlink:label="gsl_PenelopeMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PenelopeMarineLLCMember" xlink:to="gsl_PenelopeMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PenelopeMarineLLCMember_lbl" xml:lang="en-US"> Penelope Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TelemachusMarineLLCMember" xlink:label="gsl_TelemachusMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TelemachusMarineLLCMember" xlink:to="gsl_TelemachusMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TelemachusMarineLLCMember_lbl" xml:lang="en-US"> Telemachus Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease53LLCMember" xlink:label="gsl_GlobalShipLease53LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease53LLCMember" xlink:to="gsl_GlobalShipLease53LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease53LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 53 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease52LLCMember" xlink:label="gsl_GlobalShipLease52LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease52LLCMember" xlink:to="gsl_GlobalShipLease52LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease52LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 52 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease43LLCMember" xlink:label="gsl_GlobalShipLease43LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease43LLCMember" xlink:to="gsl_GlobalShipLease43LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease43LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 43 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease72LLCMember" xlink:label="gsl_GlobalShipLease72LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease72LLCMember" xlink:to="gsl_GlobalShipLease72LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease72LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 72 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease73LLCMember" xlink:label="gsl_GlobalShipLease73LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease73LLCMember" xlink:to="gsl_GlobalShipLease73LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease73LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 73 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease74LLCMember" xlink:label="gsl_GlobalShipLease74LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease74LLCMember" xlink:to="gsl_GlobalShipLease74LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease74LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 74 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease75LLCMember" xlink:label="gsl_GlobalShipLease75LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease75LLCMember" xlink:to="gsl_GlobalShipLease75LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease75LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 75 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease30LimitedMember" xlink:label="gsl_GlobalShipLease30LimitedMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease30LimitedMember" xlink:to="gsl_GlobalShipLease30LimitedMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease30LimitedMember_lbl" xml:lang="en-US"> Global Ship Lease 30 Limited [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease31LimitedMember" xlink:label="gsl_GlobalShipLease31LimitedMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease31LimitedMember" xlink:to="gsl_GlobalShipLease31LimitedMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease31LimitedMember_lbl" xml:lang="en-US"> Global Ship Lease 31 Limited [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease32LimitedMember" xlink:label="gsl_GlobalShipLease32LimitedMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease32LimitedMember" xlink:to="gsl_GlobalShipLease32LimitedMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease32LimitedMember_lbl" xml:lang="en-US"> Global Ship Lease 32 Limited [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AlexanderMarineLLCMember" xlink:label="gsl_AlexanderMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AlexanderMarineLLCMember" xlink:to="gsl_AlexanderMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AlexanderMarineLLCMember_lbl" xml:lang="en-US"> Alexander Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HectorMarineLLCMember" xlink:label="gsl_HectorMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HectorMarineLLCMember" xlink:to="gsl_HectorMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HectorMarineLLCMember_lbl" xml:lang="en-US"> Hector Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IkarosMarineLLCMember" xlink:label="gsl_IkarosMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IkarosMarineLLCMember" xlink:to="gsl_IkarosMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_IkarosMarineLLCMember_lbl" xml:lang="en-US"> Ikaros Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PhilipposMarineLLCMember" xlink:label="gsl_PhilipposMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PhilipposMarineLLCMember" xlink:to="gsl_PhilipposMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PhilipposMarineLLCMember_lbl" xml:lang="en-US"> Philippos Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AristotelesMarineLLCMember" xlink:label="gsl_AristotelesMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AristotelesMarineLLCMember" xlink:to="gsl_AristotelesMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AristotelesMarineLLCMember_lbl" xml:lang="en-US"> Aristoteles Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MenelaosMarineLLCMember" xlink:label="gsl_MenelaosMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MenelaosMarineLLCMember" xlink:to="gsl_MenelaosMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MenelaosMarineLLCMember_lbl" xml:lang="en-US"> Menelaos Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease35LLCMember" xlink:label="gsl_GlobalShipLease35LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease35LLCMember" xlink:to="gsl_GlobalShipLease35LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease35LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 35 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease36LLCMember" xlink:label="gsl_GlobalShipLease36LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease36LLCMember" xlink:to="gsl_GlobalShipLease36LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease36LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 36 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease48LLCMember" xlink:label="gsl_GlobalShipLease48LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease48LLCMember" xlink:to="gsl_GlobalShipLease48LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease48LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 48 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LeonidasMarineLLCMember" xlink:label="gsl_LeonidasMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LeonidasMarineLLCMember" xlink:to="gsl_LeonidasMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LeonidasMarineLLCMember_lbl" xml:lang="en-US"> Leonidas Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease33LimitedMember" xlink:label="gsl_GlobalShipLease33LimitedMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease33LimitedMember" xlink:to="gsl_GlobalShipLease33LimitedMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease33LimitedMember_lbl" xml:lang="en-US"> Global Ship Lease 33 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease34LimitedMember" xlink:label="gsl_GlobalShipLease34LimitedMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease34LimitedMember" xlink:to="gsl_GlobalShipLease34LimitedMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease34LimitedMember_lbl" xml:lang="en-US"> Global Ship Lease 34 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLArcadiaLLCMember" xlink:label="gsl_GSLArcadiaLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLArcadiaLLCMember" xlink:to="gsl_GSLArcadiaLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLArcadiaLLCMember_lbl" xml:lang="en-US"> GSL Arcadia LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMelitaLLCMember" xlink:label="gsl_GSLMelitaLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMelitaLLCMember" xlink:to="gsl_GSLMelitaLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMelitaLLCMember_lbl" xml:lang="en-US"> GSL Melita LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMariaLLCMember" xlink:label="gsl_GSLMariaLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMariaLLCMember" xlink:to="gsl_GSLMariaLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMariaLLCMember_lbl" xml:lang="en-US"> GSL Maria LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLVioletaLLCMember" xlink:label="gsl_GSLVioletaLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLVioletaLLCMember" xlink:to="gsl_GSLVioletaLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLVioletaLLCMember_lbl" xml:lang="en-US"> GSL Violetta LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLTegeaLLCMember" xlink:label="gsl_GSLTegeaLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLTegeaLLCMember" xlink:to="gsl_GSLTegeaLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLTegeaLLCMember_lbl" xml:lang="en-US"> GSL Tegea LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLDorotheaLLCMember" xlink:label="gsl_GSLDorotheaLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLDorotheaLLCMember" xlink:to="gsl_GSLDorotheaLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLDorotheaLLCMember_lbl" xml:lang="en-US"> GSL Dorothea LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMYNYLLCMember" xlink:label="gsl_GSLMYNYLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMYNYLLCMember" xlink:to="gsl_GSLMYNYLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMYNYLLCMember_lbl" xml:lang="en-US"> GSL MYNY LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TasmanMarineLLCMember" xlink:label="gsl_TasmanMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TasmanMarineLLCMember" xlink:to="gsl_TasmanMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TasmanMarineLLCMember_lbl" xml:lang="en-US"> Tasman Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HudsonMarineLLCMember" xlink:label="gsl_HudsonMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HudsonMarineLLCMember" xlink:to="gsl_HudsonMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HudsonMarineLLCMember_lbl" xml:lang="en-US"> Hudson Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DrakeMarineLLCMember" xlink:label="gsl_DrakeMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DrakeMarineLLCMember" xlink:to="gsl_DrakeMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DrakeMarineLLCMember_lbl" xml:lang="en-US"> Drake Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease68LLCMember" xlink:label="gsl_GlobalShipLease68LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease68LLCMember" xlink:to="gsl_GlobalShipLease68LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease68LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 68 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease69LLCMember" xlink:label="gsl_GlobalShipLease69LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease69LLCMember" xlink:to="gsl_GlobalShipLease69LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease69LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 69 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease70LLCMember" xlink:label="gsl_GlobalShipLease70LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease70LLCMember" xlink:to="gsl_GlobalShipLease70LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease70LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 70 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease71LLCMember" xlink:label="gsl_GlobalShipLease71LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease71LLCMember" xlink:to="gsl_GlobalShipLease71LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease71LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 71 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HephaestusMarineLLCMember" xlink:label="gsl_HephaestusMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HephaestusMarineLLCMember" xlink:to="gsl_HephaestusMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HephaestusMarineLLCMember_lbl" xml:lang="en-US"> Hephaestus Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ZeusOneMarineLLCMember" xlink:label="gsl_ZeusOneMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ZeusOneMarineLLCMember" xlink:to="gsl_ZeusOneMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ZeusOneMarineLLCMember_lbl" xml:lang="en-US"> Zeus One Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease47LLCMember" xlink:label="gsl_GlobalShipLease47LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease47LLCMember" xlink:to="gsl_GlobalShipLease47LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease47LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 47 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLAlcazarIncMember" xlink:label="gsl_GSLAlcazarIncMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLAlcazarIncMember" xlink:to="gsl_GSLAlcazarIncMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLAlcazarIncMember_lbl" xml:lang="en-US"> GSL Alcazar Inc. [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease55LLCMember" xlink:label="gsl_GlobalShipLease55LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease55LLCMember" xlink:to="gsl_GlobalShipLease55LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease55LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 55 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease50LLCMember" xlink:label="gsl_GlobalShipLease50LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease50LLCMember" xlink:to="gsl_GlobalShipLease50LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease50LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 50 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease49LLCMember" xlink:label="gsl_GlobalShipLease49LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease49LLCMember" xlink:to="gsl_GlobalShipLease49LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease49LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 49 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease51LLCMember" xlink:label="gsl_GlobalShipLease51LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease51LLCMember" xlink:to="gsl_GlobalShipLease51LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease51LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 51 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease57LLCMember" xlink:label="gsl_GlobalShipLease57LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease57LLCMember" xlink:to="gsl_GlobalShipLease57LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease57LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 57 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease58LLCMember" xlink:label="gsl_GlobalShipLease58LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease58LLCMember" xlink:to="gsl_GlobalShipLease58LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease58LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 58 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease59LLCMember" xlink:label="gsl_GlobalShipLease59LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease59LLCMember" xlink:to="gsl_GlobalShipLease59LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease59LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 59 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease60LLCMember" xlink:label="gsl_GlobalShipLease60LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease60LLCMember" xlink:to="gsl_GlobalShipLease60LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease60LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 60 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease61LLCMember" xlink:label="gsl_GlobalShipLease61LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease61LLCMember" xlink:to="gsl_GlobalShipLease61LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease61LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 61 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease62LLCMember" xlink:label="gsl_GlobalShipLease62LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease62LLCMember" xlink:to="gsl_GlobalShipLease62LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease62LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 62 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease63LLCMember" xlink:label="gsl_GlobalShipLease63LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease63LLCMember" xlink:to="gsl_GlobalShipLease63LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease63LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 63 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease42LLCMember" xlink:label="gsl_GlobalShipLease42LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease42LLCMember" xlink:to="gsl_GlobalShipLease42LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease42LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 42 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PericlesMarineLLCMember" xlink:label="gsl_PericlesMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PericlesMarineLLCMember" xlink:to="gsl_PericlesMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PericlesMarineLLCMember_lbl" xml:lang="en-US"> Pericles Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease64LLCMember" xlink:label="gsl_GlobalShipLease64LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease64LLCMember" xlink:to="gsl_GlobalShipLease64LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease64LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 64 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease65LLCMember" xlink:label="gsl_GlobalShipLease65LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease65LLCMember" xlink:to="gsl_GlobalShipLease65LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease65LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 65 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease66LLCMember" xlink:label="gsl_GlobalShipLease66LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease66LLCMember" xlink:to="gsl_GlobalShipLease66LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease66LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 66 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ArisMarineLLCMember" xlink:label="gsl_ArisMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ArisMarineLLCMember" xlink:to="gsl_ArisMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ArisMarineLLCMember_lbl" xml:lang="en-US"> Aris Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AphroditeMarineLLCMember" xlink:label="gsl_AphroditeMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AphroditeMarineLLCMember" xlink:to="gsl_AphroditeMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AphroditeMarineLLCMember_lbl" xml:lang="en-US"> Aphrodite Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AthenaMarineLLCMember" xlink:label="gsl_AthenaMarineLLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AthenaMarineLLCMember" xlink:to="gsl_AthenaMarineLLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AthenaMarineLLCMember_lbl" xml:lang="en-US"> Athena Marine LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease38LLCMember" xlink:label="gsl_GlobalShipLease38LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease38LLCMember" xlink:to="gsl_GlobalShipLease38LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease38LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 38 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease40LLCMember" xlink:label="gsl_GlobalShipLease40LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease40LLCMember" xlink:to="gsl_GlobalShipLease40LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease40LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 40 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease41LLCMember" xlink:label="gsl_GlobalShipLease41LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease41LLCMember" xlink:to="gsl_GlobalShipLease41LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease41LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 41 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease45LLCMember" xlink:label="gsl_GlobalShipLease45LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease45LLCMember" xlink:to="gsl_GlobalShipLease45LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease45LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 45 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GlobalShipLease44LLCMember" xlink:label="gsl_GlobalShipLease44LLCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GlobalShipLease44LLCMember" xlink:to="gsl_GlobalShipLease44LLCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GlobalShipLease44LLCMember_lbl" xml:lang="en-US"> Global Ship Lease 44 LLC [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RestatementAxis" xlink:label="srt_RestatementAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RestatementAxis" xlink:to="srt_RestatementAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RestatementAxis_lbl" xml:lang="en-US"> Revision of Prior Period [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:label="srt_RevisionOfPriorPeriodReclassificationAdjustmentMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:to="srt_RevisionOfPriorPeriodReclassificationAdjustmentMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RevisionOfPriorPeriodReclassificationAdjustmentMember_lbl" xml:lang="en-US"> Revision of Prior Period, Reclassification, Adjustment [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwoVesselGroupMember" xlink:label="gsl_TwoVesselGroupMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwoVesselGroupMember" xlink:to="gsl_TwoVesselGroupMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwoVesselGroupMember_lbl" xml:lang="en-US"> Two Vessel Group [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OneVesselGroupMember" xlink:label="gsl_OneVesselGroupMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OneVesselGroupMember" xlink:to="gsl_OneVesselGroupMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OneVesselGroupMember_lbl" xml:lang="en-US"> One Vessel Group [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CounterpartyNameAxis" xlink:to="srt_CounterpartyNameAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CounterpartyNameAxis_lbl" xml:lang="en-US"> Counterparty Name [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_KelsoMember" xlink:label="gsl_KelsoMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_KelsoMember" xlink:to="gsl_KelsoMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_KelsoMember_lbl" xml:lang="en-US"> Kelso [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="us-gaap_IncomeStatementLocationAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementLocationAxis" xlink:to="us-gaap_IncomeStatementLocationAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xml:lang="en-US"> Income Statement Location [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ChartersRevenuesMember" xlink:label="gsl_ChartersRevenuesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ChartersRevenuesMember" xlink:to="gsl_ChartersRevenuesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ChartersRevenuesMember_lbl" xml:lang="en-US"> Charters Revenues [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_StatementGeographicalAxis" xlink:label="srt_StatementGeographicalAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_StatementGeographicalAxis" xlink:to="srt_StatementGeographicalAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_StatementGeographicalAxis_lbl" xml:lang="en-US"> Geographical [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_GB" xlink:label="country_GB"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_GB" xlink:to="country_GB_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_GB_lbl" xml:lang="en-US"> UNITED KINGDOM </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativeInstrumentRiskAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentRiskAxis" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xml:lang="en-US"> Derivative Instrument [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_InterestRateCapsMember" xlink:label="gsl_InterestRateCapsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_InterestRateCapsMember" xlink:to="gsl_InterestRateCapsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_InterestRateCapsMember_lbl" xml:lang="en-US"> Interest Rate Caps [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SecondInterestRateCapsMember" xlink:label="gsl_SecondInterestRateCapsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SecondInterestRateCapsMember" xlink:to="gsl_SecondInterestRateCapsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SecondInterestRateCapsMember_lbl" xml:lang="en-US"> Second interest rate cap | Two USD one-month Libor interest rate caps [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VesselCostMember" xlink:label="gsl_VesselCostMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselCostMember" xlink:to="gsl_VesselCostMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_VesselCostMember_lbl" xml:lang="en-US"> Vessel Gross Cost, as adjusted for impairment charges [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AccumulatedDepreciationMember" xlink:label="gsl_AccumulatedDepreciationMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccumulatedDepreciationMember" xlink:to="gsl_AccumulatedDepreciationMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AccumulatedDepreciationMember_lbl" xml:lang="en-US"> Accumulated Depreciation [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NetBookValueMember" xlink:label="gsl_NetBookValueMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NetBookValueMember" xlink:to="gsl_NetBookValueMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NetBookValueMember_lbl" xml:lang="en-US"> Net Book Value [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLAmstelMember" xlink:label="gsl_GSLAmstelMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLAmstelMember" xlink:to="gsl_GSLAmstelMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLAmstelMember_lbl" xml:lang="en-US"> GSL Amstel [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLViolettaGSLMariaMember" xlink:label="gsl_GSLViolettaGSLMariaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLViolettaGSLMariaMember" xlink:to="gsl_GSLViolettaGSLMariaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLViolettaGSLMariaMember_lbl" xml:lang="en-US"> GSL Violetta and GSL Maria [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LaTourContainershipMember" xlink:label="gsl_LaTourContainershipMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LaTourContainershipMember" xlink:to="gsl_LaTourContainershipMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LaTourContainershipMember_lbl" xml:lang="en-US"> La Tour Containership [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityAxis" xlink:label="us-gaap_LineOfCreditFacilityAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAxis" xlink:to="us-gaap_LineOfCreditFacilityAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityAxis_lbl" xml:lang="en-US"> Lender Name [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SeniorSecuredNotes2027Member" xlink:label="gsl_SeniorSecuredNotes2027Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SeniorSecuredNotes2027Member" xlink:to="gsl_SeniorSecuredNotes2027Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SeniorSecuredNotes2027Member_lbl" xml:lang="en-US"> 2027 Secured Notes (b) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherLoanFacilitiesMember" xlink:label="gsl_OtherLoanFacilitiesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherLoanFacilitiesMember" xlink:to="gsl_OtherLoanFacilitiesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OtherLoanFacilitiesMember_lbl" xml:lang="en-US"> Other Loan Facilities [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLAlexandraMember" xlink:label="gsl_GSLAlexandraMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLAlexandraMember" xlink:to="gsl_GSLAlexandraMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLAlexandraMember_lbl" xml:lang="en-US"> tbr GSL Alexandra [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLSofiaMember" xlink:label="gsl_GSLSofiaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLSofiaMember" xlink:to="gsl_GSLSofiaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLSofiaMember_lbl" xml:lang="en-US"> tbr GSL Sofia [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLEffieMember" xlink:label="gsl_GSLEffieMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLEffieMember" xlink:to="gsl_GSLEffieMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLEffieMember_lbl" xml:lang="en-US"> tbr GSL Effie [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLLydiaMember" xlink:label="gsl_GSLLydiaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLLydiaMember" xlink:to="gsl_GSLLydiaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLLydiaMember_lbl" xml:lang="en-US"> GSL Lydia [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLTripoliMember" xlink:label="gsl_GSLTripoliMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLTripoliMember" xlink:to="gsl_GSLTripoliMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLTripoliMember_lbl" xml:lang="en-US"> GSL Tripoli [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLTinosMember" xlink:label="gsl_GSLTinosMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLTinosMember" xlink:to="gsl_GSLTinosMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLTinosMember_lbl" xml:lang="en-US"> GSL Tinos [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLSyrosMember" xlink:label="gsl_GSLSyrosMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLSyrosMember" xlink:to="gsl_GSLSyrosMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLSyrosMember_lbl" xml:lang="en-US"> GSL Syros [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLKithiraMember" xlink:label="gsl_GSLKithiraMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLKithiraMember" xlink:to="gsl_GSLKithiraMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLKithiraMember_lbl" xml:lang="en-US"> GSL Kithira [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLSusanMember" xlink:label="gsl_GSLSusanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLSusanMember" xlink:to="gsl_GSLSusanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLSusanMember_lbl" xml:lang="en-US"> GSL Susan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLRossiMember" xlink:label="gsl_GSLRossiMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLRossiMember" xlink:to="gsl_GSLRossiMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLRossiMember_lbl" xml:lang="en-US"> GSL Rossi [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLAliceMember" xlink:label="gsl_GSLAliceMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLAliceMember" xlink:to="gsl_GSLAliceMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLAliceMember_lbl" xml:lang="en-US"> GSL Alice [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMelinaMember" xlink:label="gsl_GSLMelinaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMelinaMember" xlink:to="gsl_GSLMelinaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMelinaMember_lbl" xml:lang="en-US"> GSL Melina [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLEleftheriaMember" xlink:label="gsl_GSLEleftheriaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLEleftheriaMember" xlink:to="gsl_GSLEleftheriaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLEleftheriaMember_lbl" xml:lang="en-US"> GSL Eleftheria [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMercerMember" xlink:label="gsl_GSLMercerMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMercerMember" xlink:to="gsl_GSLMercerMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMercerMember_lbl" xml:lang="en-US"> GSL Mercer [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLLaloMember" xlink:label="gsl_GSLLaloMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLLaloMember" xlink:to="gsl_GSLLaloMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLLaloMember_lbl" xml:lang="en-US"> GSL Lalo [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MatsonMolokaiMember" xlink:label="gsl_MatsonMolokaiMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MatsonMolokaiMember" xlink:to="gsl_MatsonMolokaiMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MatsonMolokaiMember_lbl" xml:lang="en-US"> Matson Molokai [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLElizabethMember" xlink:label="gsl_GSLElizabethMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLElizabethMember" xlink:to="gsl_GSLElizabethMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLElizabethMember_lbl" xml:lang="en-US"> GSL Elizabeth [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLChloeMember" xlink:label="gsl_GSLChloeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLChloeMember" xlink:to="gsl_GSLChloeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLChloeMember_lbl" xml:lang="en-US"> tbr GSL Chloe [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMarenMember" xlink:label="gsl_GSLMarenMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMarenMember" xlink:to="gsl_GSLMarenMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMarenMember_lbl" xml:lang="en-US"> GSL Maren [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMYNYMember" xlink:label="gsl_GSLMYNYMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMYNYMember" xlink:to="gsl_GSLMYNYMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMYNYMember_lbl" xml:lang="en-US"> GSL MYNY [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMelitaMember" xlink:label="gsl_GSLMelitaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMelitaMember" xlink:to="gsl_GSLMelitaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMelitaMember_lbl" xml:lang="en-US"> GSL Melita [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLViolettaMember" xlink:label="gsl_GSLViolettaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLViolettaMember" xlink:to="gsl_GSLViolettaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLViolettaMember_lbl" xml:lang="en-US"> GSL Violetta </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLMariaMember" xlink:label="gsl_GSLMariaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLMariaMember" xlink:to="gsl_GSLMariaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLMariaMember_lbl" xml:lang="en-US"> GSL Maria [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLArcadiaMember" xlink:label="gsl_GSLArcadiaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLArcadiaMember" xlink:to="gsl_GSLArcadiaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLArcadiaMember_lbl" xml:lang="en-US"> GSL Arcadia [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLDorotheaMember" xlink:label="gsl_GSLDorotheaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLDorotheaMember" xlink:to="gsl_GSLDorotheaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLDorotheaMember_lbl" xml:lang="en-US"> GSL Dorothea [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLTegeaMember" xlink:label="gsl_GSLTegeaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLTegeaMember" xlink:to="gsl_GSLTegeaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLTegeaMember_lbl" xml:lang="en-US"> GSL Tegea [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MacquarieLoanMember" xlink:label="gsl_MacquarieLoanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MacquarieLoanMember" xlink:to="gsl_MacquarieLoanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MacquarieLoanMember_lbl" xml:lang="en-US"> Macquarie loan (a) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_E.SUNMICBCathayTaishinMember" xlink:label="gsl_E.SUNMICBCathayTaishinMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_E.SUNMICBCathayTaishinMember" xlink:to="gsl_E.SUNMICBCathayTaishinMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_E.SUNMICBCathayTaishinMember_lbl" xml:lang="en-US"> E.SUN, MICB, Cathay, Taishin Credit Facility (c) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SinopacCreditFacilityMember" xlink:label="gsl_SinopacCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SinopacCreditFacilityMember" xlink:to="gsl_SinopacCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SinopacCreditFacilityMember_lbl" xml:lang="en-US"> Sinopac Credit Facility (d) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HCOBCACIBESUNCTBCTaishinCreditFacilityMember" xlink:label="gsl_HCOBCACIBESUNCTBCTaishinCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HCOBCACIBESUNCTBCTaishinCreditFacilityMember" xlink:to="gsl_HCOBCACIBESUNCTBCTaishinCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HCOBCACIBESUNCTBCTaishinCreditFacilityMember_lbl" xml:lang="en-US"> HCOB, CACIB, ESUN, CTBC, Taishin Credit Facility (e) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeutscheCreditFacilityMember" xlink:label="gsl_DeutscheCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeutscheCreditFacilityMember" xlink:to="gsl_DeutscheCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeutscheCreditFacilityMember_lbl" xml:lang="en-US"> Deutsche Credit Facility (f) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HCOBCreditFacilityMember" xlink:label="gsl_HCOBCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HCOBCreditFacilityMember" xlink:to="gsl_HCOBCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HCOBCreditFacilityMember_lbl" xml:lang="en-US"> HCOB Credit Facility (g) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CACIBBankSinopacCTBCCreditFacilityMember" xlink:label="gsl_CACIBBankSinopacCTBCCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CACIBBankSinopacCTBCCreditFacilityMember" xlink:to="gsl_CACIBBankSinopacCTBCCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CACIBBankSinopacCTBCCreditFacilityMember_lbl" xml:lang="en-US"> CACIB, Bank Sinopac, CTBC Credit Facility (h) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ChaileaseCreditFacilityMember" xlink:label="gsl_ChaileaseCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ChaileaseCreditFacilityMember" xlink:to="gsl_ChaileaseCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ChaileaseCreditFacilityMember_lbl" xml:lang="en-US"> Chailease Credit Facility (i) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SyndicatedSeniorSecuredCreditFacilityIIMember" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityIIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SyndicatedSeniorSecuredCreditFacilityIIMember" xlink:to="gsl_SyndicatedSeniorSecuredCreditFacilityIIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityIIMember_lbl" xml:lang="en-US"> Syndicated Senior Secured Credit Facility (CACIB, ABN, First-Citizens & Trust Company, Siemens, CTBC, Bank Sinopac, Palatine) (j) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="us-gaap_LongtermDebtTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeAxis" xlink:to="us-gaap_LongtermDebtTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xml:lang="en-US"> Long-Term Debt, Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TotalCreditFacilitiesMember" xlink:label="gsl_TotalCreditFacilitiesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TotalCreditFacilitiesMember" xlink:to="gsl_TotalCreditFacilitiesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TotalCreditFacilitiesMember_lbl" xml:lang="en-US"> Total Credit Facilities [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleLeasebackTransactionDescriptionAxis" xlink:label="us-gaap_SaleLeasebackTransactionDescriptionAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleLeasebackTransactionDescriptionAxis" xlink:to="us-gaap_SaleLeasebackTransactionDescriptionAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleLeasebackTransactionDescriptionAxis_lbl" xml:lang="en-US"> Sale Leaseback Transaction, Description [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransaction1Member" xlink:label="gsl_SaleLeasebackTransaction1Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransaction1Member" xlink:to="gsl_SaleLeasebackTransaction1Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransaction1Member_lbl" xml:lang="en-US"> Sale and Leaseback Agreement CMBFL - $120,000 (k) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransaction2Member" xlink:label="gsl_SaleLeasebackTransaction2Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransaction2Member" xlink:to="gsl_SaleLeasebackTransaction2Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransaction2Member_lbl" xml:lang="en-US"> Sale and Leaseback Agreement CMBFL - $54,000 (l) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransaction3Member" xlink:label="gsl_SaleLeasebackTransaction3Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransaction3Member" xlink:to="gsl_SaleLeasebackTransaction3Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransaction3Member_lbl" xml:lang="en-US"> Sale and Leaseback Agreement - Neptune $14,735 (m) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NonCurrentPortionOfLongTermDebtMember" xlink:label="gsl_NonCurrentPortionOfLongTermDebtMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NonCurrentPortionOfLongTermDebtMember" xlink:to="gsl_NonCurrentPortionOfLongTermDebtMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NonCurrentPortionOfLongTermDebtMember_lbl" xml:lang="en-US"> Non-current portion of Long-Term Debt [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MacquarieCreditFacilityMember" xlink:label="gsl_MacquarieCreditFacilityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MacquarieCreditFacilityMember" xlink:to="gsl_MacquarieCreditFacilityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MacquarieCreditFacilityMember_lbl" xml:lang="en-US"> $76.0 million Macquarie Bank Limited Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_StatementScenarioAxis" xlink:label="srt_StatementScenarioAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_StatementScenarioAxis" xlink:to="srt_StatementScenarioAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_StatementScenarioAxis_lbl" xml:lang="en-US"> Scenario [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwoInstallmentsMember" xlink:label="gsl_TwoInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwoInstallmentsMember" xlink:to="gsl_TwoInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwoInstallmentsMember_lbl" xml:lang="en-US"> Two Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SixInstallmentsMember" xlink:label="gsl_SixInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SixInstallmentsMember" xlink:to="gsl_SixInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SixInstallmentsMember_lbl" xml:lang="en-US"> Six Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OneInstallmentsMember" xlink:label="gsl_OneInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OneInstallmentsMember" xlink:to="gsl_OneInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OneInstallmentsMember_lbl" xml:lang="en-US"> One Installment [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwoInstallmentsIMember" xlink:label="gsl_TwoInstallmentsIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwoInstallmentsIMember" xlink:to="gsl_TwoInstallmentsIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwoInstallmentsIMember_lbl" xml:lang="en-US"> Two Installments I [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SeniorSecuredNotes2027IMember" xlink:label="gsl_SeniorSecuredNotes2027IMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SeniorSecuredNotes2027IMember" xlink:to="gsl_SeniorSecuredNotes2027IMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SeniorSecuredNotes2027IMember_lbl" xml:lang="en-US"> 2027 Secured Notes [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_E.SUNMICBCathayTaishinIMember" xlink:label="gsl_E.SUNMICBCathayTaishinIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_E.SUNMICBCathayTaishinIMember" xlink:to="gsl_E.SUNMICBCathayTaishinIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_E.SUNMICBCathayTaishinIMember_lbl" xml:lang="en-US"> $60.0 million E.SUN, MICB, Cathay, Taishin Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EightInstallmentsMember" xlink:label="gsl_EightInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EightInstallmentsMember" xlink:to="gsl_EightInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EightInstallmentsMember_lbl" xml:lang="en-US"> Eight Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TenInstallmentsMember" xlink:label="gsl_TenInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TenInstallmentsMember" xlink:to="gsl_TenInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TenInstallmentsMember_lbl" xml:lang="en-US"> Ten Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SinopacCreditFacilityIMember" xlink:label="gsl_SinopacCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SinopacCreditFacilityIMember" xlink:to="gsl_SinopacCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SinopacCreditFacilityIMember_lbl" xml:lang="en-US"> $12.0 Million Sinopac Capital International Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CACIBHCOBESUNCTBCTaishinMember" xlink:label="gsl_CACIBHCOBESUNCTBCTaishinMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CACIBHCOBESUNCTBCTaishinMember" xlink:to="gsl_CACIBHCOBESUNCTBCTaishinMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CACIBHCOBESUNCTBCTaishinMember_lbl" xml:lang="en-US"> $140.0 Million HBOC, CACIB, ESUN, CTBC, Taishin Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FirstSixInstallmentsMember" xlink:label="gsl_FirstSixInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FirstSixInstallmentsMember" xlink:to="gsl_FirstSixInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FirstSixInstallmentsMember_lbl" xml:lang="en-US"> First Six Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NextEightInstallmentsMember" xlink:label="gsl_NextEightInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NextEightInstallmentsMember" xlink:to="gsl_NextEightInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NextEightInstallmentsMember_lbl" xml:lang="en-US"> Next Eight Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LastSixInstallmentsMember" xlink:label="gsl_LastSixInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LastSixInstallmentsMember" xlink:to="gsl_LastSixInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LastSixInstallmentsMember_lbl" xml:lang="en-US"> Last Six Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeutscheCreditFacilityIMember" xlink:label="gsl_DeutscheCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeutscheCreditFacilityIMember" xlink:to="gsl_DeutscheCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeutscheCreditFacilityIMember_lbl" xml:lang="en-US"> $51.7 Million Deutsche Bank AG Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HCOBCreditFacilityIMember" xlink:label="gsl_HCOBCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HCOBCreditFacilityIMember" xlink:to="gsl_HCOBCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HCOBCreditFacilityIMember_lbl" xml:lang="en-US"> $64.2 Million Hamburg Commercial Bank AG Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TrancheAEFMember" xlink:label="gsl_TrancheAEFMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TrancheAEFMember" xlink:to="gsl_TrancheAEFMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TrancheAEFMember_lbl" xml:lang="en-US"> Tranches A, E and F [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TrancheBDMember" xlink:label="gsl_TrancheBDMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TrancheBDMember" xlink:to="gsl_TrancheBDMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TrancheBDMember_lbl" xml:lang="en-US"> Tranches B and D [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TrancheCMember" xlink:label="gsl_TrancheCMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TrancheCMember" xlink:to="gsl_TrancheCMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TrancheCMember_lbl" xml:lang="en-US"> Tranche C [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityAxis" xlink:to="us-gaap_CreditFacilityAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditFacilityAxis_lbl" xml:lang="en-US"> Credit Facility [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EachTrancheMember" xlink:label="gsl_EachTrancheMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EachTrancheMember" xlink:to="gsl_EachTrancheMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EachTrancheMember_lbl" xml:lang="en-US"> Each Tranche [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CACIBBankSinopacCTBCCreditFacilityIMember" xlink:label="gsl_CACIBBankSinopacCTBCCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CACIBBankSinopacCTBCCreditFacilityIMember" xlink:to="gsl_CACIBBankSinopacCTBCCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CACIBBankSinopacCTBCCreditFacilityIMember_lbl" xml:lang="en-US"> $51.7 Million CACIB, Bank Sinopac, CTBC Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ChaileaseCreditFacilityIMember" xlink:label="gsl_ChaileaseCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ChaileaseCreditFacilityIMember" xlink:to="gsl_ChaileaseCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ChaileaseCreditFacilityIMember_lbl" xml:lang="en-US"> $9.0 Million Chailease Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ThirtysixInstallmentsMember" xlink:label="gsl_ThirtysixInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ThirtysixInstallmentsMember" xlink:to="gsl_ThirtysixInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ThirtysixInstallmentsMember_lbl" xml:lang="en-US"> 36 Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwentyFourInstallmentsMember" xlink:label="gsl_TwentyFourInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwentyFourInstallmentsMember" xlink:to="gsl_TwentyFourInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwentyFourInstallmentsMember_lbl" xml:lang="en-US"> 24 Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SyndicatedSeniorSecuredCreditFacilityIMember" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SyndicatedSeniorSecuredCreditFacilityIMember" xlink:to="gsl_SyndicatedSeniorSecuredCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityIMember_lbl" xml:lang="en-US"> $268.0 Million Syndicated Senior Secured Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TrancheAMember" xlink:label="gsl_TrancheAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TrancheAMember" xlink:to="gsl_TrancheAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TrancheAMember_lbl" xml:lang="en-US"> Tranche A [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TrancheBMember" xlink:label="gsl_TrancheBMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TrancheBMember" xlink:to="gsl_TrancheBMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TrancheBMember_lbl" xml:lang="en-US"> Tranche B [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SyndicatedSeniorSecuredCreditFacilityIIIMember" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityIIIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SyndicatedSeniorSecuredCreditFacilityIIIMember" xlink:to="gsl_SyndicatedSeniorSecuredCreditFacilityIIIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityIIIMember_lbl" xml:lang="en-US"> Extended $268.0 Million Syndicated Senior Secured Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackAgreementsCMBFLMember" xlink:label="gsl_SaleLeasebackAgreementsCMBFLMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackAgreementsCMBFLMember" xlink:to="gsl_SaleLeasebackAgreementsCMBFLMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackAgreementsCMBFLMember_lbl" xml:lang="en-US"> $120.0 Million - Sale and Leaseback agreements - CMBFL Four Vessels [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FirstTwelveQuarterlyInstallmentsMember" xlink:label="gsl_FirstTwelveQuarterlyInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FirstTwelveQuarterlyInstallmentsMember" xlink:to="gsl_FirstTwelveQuarterlyInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FirstTwelveQuarterlyInstallmentsMember_lbl" xml:lang="en-US"> First Twelve Quarterly Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NextTwelveQuarterlyInstallmentsMember" xlink:label="gsl_NextTwelveQuarterlyInstallmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NextTwelveQuarterlyInstallmentsMember" xlink:to="gsl_NextTwelveQuarterlyInstallmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NextTwelveQuarterlyInstallmentsMember_lbl" xml:lang="en-US"> Next Twelve Quarterly Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionCMBFLIMember" xlink:label="gsl_SaleLeasebackTransactionCMBFLIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionCMBFLIMember" xlink:to="gsl_SaleLeasebackTransactionCMBFLIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransactionCMBFLIMember_lbl" xml:lang="en-US"> $54.0 Million Sale and Leaseback agreement - CMBFL [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EightInstalmentsMember" xlink:label="gsl_EightInstalmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EightInstalmentsMember" xlink:to="gsl_EightInstalmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_EightInstalmentsMember_lbl" xml:lang="en-US"> Eight Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwentyInstalmentsMember" xlink:label="gsl_TwentyInstalmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwentyInstalmentsMember" xlink:to="gsl_TwentyInstalmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwentyInstalmentsMember_lbl" xml:lang="en-US"> Twenty Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionNeptuneMaritimeMember" xlink:label="gsl_SaleLeasebackTransactionNeptuneMaritimeMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionNeptuneMaritimeMember" xlink:to="gsl_SaleLeasebackTransactionNeptuneMaritimeMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransactionNeptuneMaritimeMember_lbl" xml:lang="en-US"> $14.7 Million Sale and Leaseback agreement - Neptune Maritime Leasing [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FifteenInstalmentsMember" xlink:label="gsl_FifteenInstalmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FifteenInstalmentsMember" xlink:to="gsl_FifteenInstalmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FifteenInstalmentsMember_lbl" xml:lang="en-US"> Fifteen Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FourInstalmentsMember" xlink:label="gsl_FourInstalmentsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FourInstalmentsMember" xlink:to="gsl_FourInstalmentsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FourInstalmentsMember_lbl" xml:lang="en-US"> Four Installments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HayfinCapitalManagementIMember" xlink:label="gsl_HayfinCapitalManagementIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HayfinCapitalManagementIMember" xlink:to="gsl_HayfinCapitalManagementIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HayfinCapitalManagementIMember_lbl" xml:lang="en-US"> $236.2 Million Senior secured loan facility with Hayfin Management, LLP [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentAxis" xlink:to="us-gaap_DebtInstrumentAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xml:lang="en-US"> Debt Instrument [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024Member" xlink:label="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024Member" xlink:to="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024Member_lbl" xml:lang="en-US"> 8.00% Senior Unsecured Notes Due 2024 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OnorafterDecember312021andpriortoDecember312022Member" xlink:label="gsl_OnorafterDecember312021andpriortoDecember312022Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OnorafterDecember312021andpriortoDecember312022Member" xlink:to="gsl_OnorafterDecember312021andpriortoDecember312022Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OnorafterDecember312021andpriortoDecember312022Member_lbl" xml:lang="en-US"> On or after December 31, 2021 and prior to December 31, 2022 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OnorafterDecember312022andpriortoDecember312023Member" xlink:label="gsl_OnorafterDecember312022andpriortoDecember312023Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OnorafterDecember312022andpriortoDecember312023Member" xlink:to="gsl_OnorafterDecember312022andpriortoDecember312023Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OnorafterDecember312022andpriortoDecember312023Member_lbl" xml:lang="en-US"> On or after December 31, 2022 and prior to December 31, 2023 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OnorafterDecember312023andpriortomaturityMember" xlink:label="gsl_OnorafterDecember312023andpriortomaturityMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OnorafterDecember312023andpriortomaturityMember" xlink:to="gsl_OnorafterDecember312023andpriortomaturityMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OnorafterDecember312023andpriortomaturityMember_lbl" xml:lang="en-US"> On or after December 31, 2023 and prior to maturity [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwelveVesselsIMember" xlink:label="gsl_TwelveVesselsIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwelveVesselsIMember" xlink:to="gsl_TwelveVesselsIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_TwelveVesselsIMember_lbl" xml:lang="en-US"> Twelve Vessels [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_RedeemedNotesMember" xlink:label="gsl_RedeemedNotesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_RedeemedNotesMember" xlink:to="gsl_RedeemedNotesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_RedeemedNotesMember_lbl" xml:lang="en-US"> Redeemed Notes [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_BlueOceanJuniorCreditFacilityIMember" xlink:label="gsl_BlueOceanJuniorCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_BlueOceanJuniorCreditFacilityIMember" xlink:to="gsl_BlueOceanJuniorCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_BlueOceanJuniorCreditFacilityIMember_lbl" xml:lang="en-US"> $38.5 Million Blue Ocean Junior Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HellenicSeniorSecuredCreditFacilityIMember" xlink:label="gsl_HellenicSeniorSecuredCreditFacilityIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HellenicSeniorSecuredCreditFacilityIMember" xlink:to="gsl_HellenicSeniorSecuredCreditFacilityIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HellenicSeniorSecuredCreditFacilityIMember_lbl" xml:lang="en-US"> $59.0 Million Hellenic Bank Credit Facility [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLEleniMember" xlink:label="gsl_GSLEleniMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLEleniMember" xlink:to="gsl_GSLEleniMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLEleniMember_lbl" xml:lang="en-US"> GSL Eleni [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLGraniaMember" xlink:label="gsl_GSLGraniaMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLGraniaMember" xlink:to="gsl_GSLGraniaMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLGraniaMember_lbl" xml:lang="en-US"> GSL Grania [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GSLKalliopiMember" xlink:label="gsl_GSLKalliopiMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GSLKalliopiMember" xlink:to="gsl_GSLKalliopiMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_GSLKalliopiMember_lbl" xml:lang="en-US"> GSL Kalliopi [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmendedandrestatedloanagreementMember" xlink:label="gsl_AmendedandrestatedloanagreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmendedandrestatedloanagreementMember" xlink:to="gsl_AmendedandrestatedloanagreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AmendedandrestatedloanagreementMember_lbl" xml:lang="en-US"> Amended and restated loan agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NinePointEightSevenFivePercentFirstPrioritySecuredNotesDue2022Member" xlink:label="gsl_NinePointEightSevenFivePercentFirstPrioritySecuredNotesDue2022Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NinePointEightSevenFivePercentFirstPrioritySecuredNotesDue2022Member" xlink:to="gsl_NinePointEightSevenFivePercentFirstPrioritySecuredNotesDue2022Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NinePointEightSevenFivePercentFirstPrioritySecuredNotesDue2022Member_lbl" xml:lang="en-US"> 9.875 % First Priority Secured Notes Due 2022 [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MacquarieCreditFacilityAMember" xlink:label="gsl_MacquarieCreditFacilityAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MacquarieCreditFacilityAMember" xlink:to="gsl_MacquarieCreditFacilityAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MacquarieCreditFacilityAMember_lbl" xml:lang="en-US"> $76.0 Million Macquarie Bank Limited Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SyndicatedSeniorSecuredCreditFacilityAMember" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SyndicatedSeniorSecuredCreditFacilityAMember" xlink:to="gsl_SyndicatedSeniorSecuredCreditFacilityAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SyndicatedSeniorSecuredCreditFacilityAMember_lbl" xml:lang="en-US"> $268.0 Million Syndicated Senior Secured Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_E.SUNMICBCathayTaishinAMember" xlink:label="gsl_E.SUNMICBCathayTaishinAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_E.SUNMICBCathayTaishinAMember" xlink:to="gsl_E.SUNMICBCathayTaishinAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_E.SUNMICBCathayTaishinAMember_lbl" xml:lang="en-US"> $60.0 Million E.SUN, MICB, Cathay, Taishin Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SeniorSecuredNotes2027AMember" xlink:label="gsl_SeniorSecuredNotes2027AMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SeniorSecuredNotes2027AMember" xlink:to="gsl_SeniorSecuredNotes2027AMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SeniorSecuredNotes2027AMember_lbl" xml:lang="en-US"> Senior Secured Notes 2027 A [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024AMember" xlink:label="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024AMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024AMember" xlink:to="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024AMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EightPointZeroZeroPercentSeniorUnsecuredNotesDue2024AMember_lbl" xml:lang="en-US"> 8% Senior Unsecured Notes Due 2024 [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AtMarketIssuanceSalesAgreementMember" xlink:label="gsl_AtMarketIssuanceSalesAgreementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AtMarketIssuanceSalesAgreementMember" xlink:to="gsl_AtMarketIssuanceSalesAgreementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AtMarketIssuanceSalesAgreementMember_lbl" xml:lang="en-US"> At Market Issuance Sales Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HayfinCapitalManagementAMember" xlink:label="gsl_HayfinCapitalManagementAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HayfinCapitalManagementAMember" xlink:to="gsl_HayfinCapitalManagementAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HayfinCapitalManagementAMember_lbl" xml:lang="en-US"> $236.2 Million Senior secured loan facility with Hayfin Capital Management, LLP [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeutscheCreditFacilityAMember" xlink:label="gsl_DeutscheCreditFacilityAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeutscheCreditFacilityAMember" xlink:to="gsl_DeutscheCreditFacilityAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeutscheCreditFacilityAMember_lbl" xml:lang="en-US"> $51.7 Million Deutsche Bank AG Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_HCOBCreditFacilityAMember" xlink:label="gsl_HCOBCreditFacilityAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_HCOBCreditFacilityAMember" xlink:to="gsl_HCOBCreditFacilityAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_HCOBCreditFacilityAMember_lbl" xml:lang="en-US"> $64.2 Million Hamburg Commercial Bank AG Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionNeptuneMaritimeAMember" xlink:label="gsl_SaleLeasebackTransactionNeptuneMaritimeAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionNeptuneMaritimeAMember" xlink:to="gsl_SaleLeasebackTransactionNeptuneMaritimeAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransactionNeptuneMaritimeAMember_lbl" xml:lang="en-US"> $14.7 Million Sale and Leaseback agreement - Neptune Maritime Leasing [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CACIBBankSinopacCTBCCreditFacilityAMember" xlink:label="gsl_CACIBBankSinopacCTBCCreditFacilityAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CACIBBankSinopacCTBCCreditFacilityAMember" xlink:to="gsl_CACIBBankSinopacCTBCCreditFacilityAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CACIBBankSinopacCTBCCreditFacilityAMember_lbl" xml:lang="en-US"> $51.7 Million CACIB, Bank Sinopac, CTBC Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionCMBFLAMember" xlink:label="gsl_SaleLeasebackTransactionCMBFLAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionCMBFLAMember" xlink:to="gsl_SaleLeasebackTransactionCMBFLAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransactionCMBFLAMember_lbl" xml:lang="en-US"> $54.0 Million Sale and Leaseback agreement - CMBFL [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SinopacCreditFacilityAMember" xlink:label="gsl_SinopacCreditFacilityAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SinopacCreditFacilityAMember" xlink:to="gsl_SinopacCreditFacilityAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SinopacCreditFacilityAMember_lbl" xml:lang="en-US"> $12.0 Million Sinopac Capital International Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CACIBHCOBESUNCTBCTaishinAMember" xlink:label="gsl_CACIBHCOBESUNCTBCTaishinAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CACIBHCOBESUNCTBCTaishinAMember" xlink:to="gsl_CACIBHCOBESUNCTBCTaishinAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CACIBHCOBESUNCTBCTaishinAMember_lbl" xml:lang="en-US"> $140.0 Million HCOB, CACIB, ESUN, CTBC, Taishin Credit Facility [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackAgreementsCMBFLAMember" xlink:label="gsl_SaleLeasebackAgreementsCMBFLAMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackAgreementsCMBFLAMember" xlink:to="gsl_SaleLeasebackAgreementsCMBFLAMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackAgreementsCMBFLAMember_lbl" xml:lang="en-US"> $120.0 Million Sale and Leaseback agreements - CMBFL Four Vessels [member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xml:lang="en-US"> Related Party, Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CMACGMMember" xlink:label="gsl_CMACGMMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CMACGMMember" xlink:to="gsl_CMACGMMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CMACGMMember_lbl" xml:lang="en-US"> CMA CGM [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MAERSKMember" xlink:label="gsl_MAERSKMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MAERSKMember" xlink:to="gsl_MAERSKMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MAERSKMember_lbl" xml:lang="en-US"> MAERSK [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ZIMMember" xlink:label="gsl_ZIMMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ZIMMember" xlink:to="gsl_ZIMMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ZIMMember_lbl" xml:lang="en-US"> ZIM [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CMACGMIMember" xlink:label="gsl_CMACGMIMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CMACGMIMember" xlink:to="gsl_CMACGMIMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_CMACGMIMember_lbl" xml:lang="en-US"> CMA CGM [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TechnomarMember" xlink:label="gsl_TechnomarMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TechnomarMember" xlink:to="gsl_TechnomarMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TechnomarMember_lbl" xml:lang="en-US"> Technomar [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ThirdPartyManagersMember" xlink:label="gsl_ThirdPartyManagersMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ThirdPartyManagersMember" xlink:to="gsl_ThirdPartyManagersMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ThirdPartyManagersMember_lbl" xml:lang="en-US"> Third Party Managers [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ConchartMember" xlink:label="gsl_ConchartMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ConchartMember" xlink:to="gsl_ConchartMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ConchartMember_lbl" xml:lang="en-US"> Conchart [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CommonClassA2019PlanMember" xlink:label="gsl_CommonClassA2019PlanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CommonClassA2019PlanMember" xlink:to="gsl_CommonClassA2019PlanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CommonClassA2019PlanMember_lbl" xml:lang="en-US"> Common Class A | 2019 Plan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="us-gaap_SubsidiarySaleOfStockAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsidiarySaleOfStockAxis" xlink:to="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xml:lang="en-US"> Sale of Stock [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_January2021EquityOfferingMember" xlink:label="gsl_January2021EquityOfferingMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_January2021EquityOfferingMember" xlink:to="gsl_January2021EquityOfferingMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_January2021EquityOfferingMember_lbl" xml:lang="en-US"> January 2021 Equity Offering [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CommonStock2Member" xlink:label="gsl_CommonStock2Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CommonStock2Member" xlink:to="gsl_CommonStock2Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CommonStock2Member_lbl" xml:lang="en-US"> Common stock [member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_KelsoAndMaasMember" xlink:label="gsl_KelsoAndMaasMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_KelsoAndMaasMember" xlink:to="gsl_KelsoAndMaasMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_KelsoAndMaasMember_lbl" xml:lang="en-US"> Kelso and Maas Capital Investments [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AwardTypeAxis" xlink:to="us-gaap_AwardTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AwardTypeAxis_lbl" xml:lang="en-US"> Award Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ADR2Member" xlink:label="gsl_ADR2Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ADR2Member" xlink:to="gsl_ADR2Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ADR2Member_lbl" xml:lang="en-US"> 2019 ATM Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ATMAgreement2022Member" xlink:label="gsl_ATMAgreement2022Member"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ATMAgreement2022Member" xlink:to="gsl_ATMAgreement2022Member_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ATMAgreement2022Member_lbl" xml:lang="en-US"> 2022 ATM Agreement [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RangeAxis_lbl" xml:lang="en-US"> Statistical Measurement [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MaximumMember_lbl" xml:lang="en-US"> Maximum [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PlanNameAxis" xlink:label="us-gaap_PlanNameAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameAxis" xlink:to="us-gaap_PlanNameAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanNameAxis_lbl" xml:lang="en-US"> Plan Name [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwoThousandNineteenIncentivePlanMember" xlink:label="gsl_TwoThousandNineteenIncentivePlanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwoThousandNineteenIncentivePlanMember" xlink:to="gsl_TwoThousandNineteenIncentivePlanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwoThousandNineteenIncentivePlanMember_lbl" xml:lang="en-US"> 2019 Plan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_TitleOfIndividualAxis" xlink:label="srt_TitleOfIndividualAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_TitleOfIndividualAxis" xlink:to="srt_TitleOfIndividualAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_TitleOfIndividualAxis_lbl" xml:lang="en-US"> Title of Individual [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ExecutiveOfficersMember" xlink:label="gsl_ExecutiveOfficersMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ExecutiveOfficersMember" xlink:to="gsl_ExecutiveOfficersMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ExecutiveOfficersMember_lbl" xml:lang="en-US"> Executive Officers [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:to="us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_lbl" xml:lang="en-US"> Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IncentiveStockMember" xlink:label="gsl_IncentiveStockMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IncentiveStockMember" xlink:to="gsl_IncentiveStockMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_IncentiveStockMember_lbl" xml:lang="en-US"> Incentive Stock [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwoOtherEmployeesMember" xlink:label="gsl_TwoOtherEmployeesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwoOtherEmployeesMember" xlink:to="gsl_TwoOtherEmployeesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwoOtherEmployeesMember_lbl" xml:lang="en-US"> Two Other Employees [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_MemberOfSeniorManagementMember" xlink:label="gsl_MemberOfSeniorManagementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_MemberOfSeniorManagementMember" xlink:to="gsl_MemberOfSeniorManagementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_MemberOfSeniorManagementMember_lbl" xml:lang="en-US"> Member Of Senior Management [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ManagementMember" xlink:label="srt_ManagementMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ManagementMember" xlink:to="srt_ManagementMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ManagementMember_lbl" xml:lang="en-US"> Management [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeAxis" xlink:to="us-gaap_InvestmentTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xml:lang="en-US"> Investment Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SecondTrancheMember" xlink:label="gsl_SecondTrancheMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SecondTrancheMember" xlink:to="gsl_SecondTrancheMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SecondTrancheMember_lbl" xml:lang="en-US"> Second Tranche [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MinimumMember_lbl" xml:lang="en-US"> Minimum [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ThirdTrancheMember" xlink:label="gsl_ThirdTrancheMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ThirdTrancheMember" xlink:to="gsl_ThirdTrancheMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ThirdTrancheMember_lbl" xml:lang="en-US"> Third Tranche [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FourthTrancheMember" xlink:label="gsl_FourthTrancheMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FourthTrancheMember" xlink:to="gsl_FourthTrancheMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FourthTrancheMember_lbl" xml:lang="en-US"> Fourth Tranche [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NewTwoThousandNineteenIncentivePlanMember" xlink:label="gsl_NewTwoThousandNineteenIncentivePlanMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NewTwoThousandNineteenIncentivePlanMember" xlink:to="gsl_NewTwoThousandNineteenIncentivePlanMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NewTwoThousandNineteenIncentivePlanMember_lbl" xml:lang="en-US"> New 2021 Plan [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FirstTrancheMember" xlink:label="gsl_FirstTrancheMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FirstTrancheMember" xlink:to="gsl_FirstTrancheMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FirstTrancheMember_lbl" xml:lang="en-US"> First Tranche [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SecondAndThirdTranchesMember" xlink:label="gsl_SecondAndThirdTranchesMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SecondAndThirdTranchesMember" xlink:to="gsl_SecondAndThirdTranchesMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SecondAndThirdTranchesMember_lbl" xml:lang="en-US"> Second And Third Tranches [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NonExecutiveDirectorsMember" xlink:label="gsl_NonExecutiveDirectorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NonExecutiveDirectorsMember" xlink:to="gsl_NonExecutiveDirectorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NonExecutiveDirectorsMember_lbl" xml:lang="en-US"> Non Executive Directors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EachNonExecutiveDirectorsMember" xlink:label="gsl_EachNonExecutiveDirectorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EachNonExecutiveDirectorsMember" xlink:to="gsl_EachNonExecutiveDirectorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EachNonExecutiveDirectorsMember_lbl" xml:lang="en-US"> Each Non Executive Directors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TwoDirectorsMember" xlink:label="gsl_TwoDirectorsMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwoDirectorsMember" xlink:to="gsl_TwoDirectorsMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwoDirectorsMember_lbl" xml:lang="en-US"> Two Directors [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OneNewDirectorMember" xlink:label="gsl_OneNewDirectorMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OneNewDirectorMember" xlink:to="gsl_OneNewDirectorMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OneNewDirectorMember_lbl" xml:lang="en-US"> One New Director [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="us-gaap_RestrictedStockUnitsRSUMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedStockUnitsRSUMember" xlink:to="us-gaap_RestrictedStockUnitsRSUMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xml:lang="en-US"> Restricted Stock Units (RSUs) [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xml:lang="en-US"> Subsequent Event Type [Axis] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventMember_lbl" xml:lang="en-US"> Subsequent Event [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DividendDeclaredMember" xlink:label="us-gaap_DividendDeclaredMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendDeclaredMember" xlink:to="us-gaap_DividendDeclaredMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendDeclaredMember_lbl" xml:lang="en-US"> Dividend Declared [Member] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesTable" xlink:label="dei_EntityAddressesTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesTable" xlink:to="dei_EntityAddressesTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressesTable_lbl" xml:lang="en-US"> Entity Addresses [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesLineItems" xlink:label="dei_EntityAddressesLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesLineItems" xlink:to="dei_EntityAddressesLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressesLineItems_lbl" xml:lang="en-US"> Entity Addresses [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US"> Document Type </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US"> Amendment Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US"> Amendment Description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US"> Document Registration Statement </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US"> Document Annual Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US"> Document Quarterly Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US"> Document Transition Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US"> Document Shell Company Report </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US"> Document Shell Company Event Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US"> Document Period Start Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US"> Document Period End Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US"> Document Fiscal Period Focus </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US"> Document Fiscal Year Focus </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US"> Current Fiscal Year End Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US"> Entity File Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US"> Entity Registrant Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US"> Entity Central Index Key </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US"> Entity Primary SIC Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US"> Entity Tax Identification Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US"> Entity Incorporation, State or Country Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US"> Entity Address, Address Line One </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US"> Entity Address, Address Line Two </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US"> Entity Address, Address Line Three </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US"> Entity Address, City or Town </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US"> Entity Address, State or Province </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US"> Entity Address, Country </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US"> Entity Address, Postal Zip Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US"> Country Region </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US"> City Area Code </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US"> Local Phone Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Extension" xlink:label="dei_Extension"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US"> Extension </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US"> Written Communications </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US"> Soliciting Material </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US"> Pre-commencement Tender Offer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US"> Pre-commencement Issuer Tender Offer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US"> Title of 12(b) Security </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US"> No Trading Symbol Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US"> Trading Symbol </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US"> Security Exchange Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US"> Title of 12(g) Security </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US"> Security Reporting Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US"> Annual Information Form </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US"> Audited Annual Financial Statements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US"> Entity Well-known Seasoned Issuer </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US"> Entity Voluntary Filers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US"> Entity Current Reporting Status </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US"> Entity Interactive Data Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US"> Entity Filer Category </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US"> Entity Small Business </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US"> Entity Emerging Growth Company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US"> Elected Not To Use the Extended Transition Period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US"> Document Accounting Standard </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US"> Other Reporting Standard Item Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US"> Entity Shell Company </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US"> Entity Public Float </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US"> Entity Bankruptcy Proceedings, Reporting Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US"> Documents Incorporated by Reference [Text Block] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_ContactPersonnelName" xlink:label="dei_ContactPersonnelName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_ContactPersonnelName" xlink:to="dei_ContactPersonnelName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_ContactPersonnelName_lbl" xml:lang="en-US"> Contact Personnel Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="dei_IcfrAuditorAttestationFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_IcfrAuditorAttestationFlag" xlink:to="dei_IcfrAuditorAttestationFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_IcfrAuditorAttestationFlag_lbl" xml:lang="en-US"> ICFR Auditor Attestation Flag </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xml:lang="en-US"> Document Financial Statement Error Correction [Flag] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFinStmtRestatementRecoveryAnalysisFlag" xlink:label="dei_DocumentFinStmtRestatementRecoveryAnalysisFlag"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFinStmtRestatementRecoveryAnalysisFlag" xlink:to="dei_DocumentFinStmtRestatementRecoveryAnalysisFlag_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFinStmtRestatementRecoveryAnalysisFlag_lbl" xml:lang="en-US"> Document Financial Statement Restatement Recovery Analysis [Flag] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorFirmId" xlink:label="dei_AuditorFirmId"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorFirmId" xlink:to="dei_AuditorFirmId_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorFirmId_lbl" xml:lang="en-US"> Auditor Firm ID </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorName" xlink:label="dei_AuditorName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorName" xlink:to="dei_AuditorName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorName_lbl" xml:lang="en-US"> Auditor Name </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorLocation" xlink:label="dei_AuditorLocation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorLocation" xlink:to="dei_AuditorLocation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorLocation_lbl" xml:lang="en-US"> Auditor Location </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US"> Statement of Financial Position [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US"> ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="us-gaap_AssetsCurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrentAbstract" xlink:to="us-gaap_AssetsCurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US"> CURRENT ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and cash equivalents </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TimeDepositsAssetsCurrent" xlink:label="gsl_TimeDepositsAssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TimeDepositsAssetsCurrent" xlink:to="gsl_TimeDepositsAssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TimeDepositsAssetsCurrent_lbl" xml:lang="en-US"> Time deposits </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Restricted cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="us-gaap_AccountsReceivableNetCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNetCurrent" xlink:to="us-gaap_AccountsReceivableNetCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNetCurrent_lbl" xml:lang="en-US"> Accounts receivable, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryNet" xlink:label="us-gaap_InventoryNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNet" xlink:to="us-gaap_InventoryNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryNet_lbl" xml:lang="en-US"> Inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="us-gaap_PrepaidExpenseAndOtherAssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:to="us-gaap_PrepaidExpenseAndOtherAssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PrepaidExpenseAndOtherAssetsCurrent_lbl" xml:lang="en-US"> Prepaid expenses and other current assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeAssetsCurrent" xlink:label="us-gaap_DerivativeAssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsCurrent" xlink:to="us-gaap_DerivativeAssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetsCurrent_lbl" xml:lang="en-US"> Derivative asset </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherReceivablesNetCurrent" xlink:label="us-gaap_OtherReceivablesNetCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherReceivablesNetCurrent" xlink:to="us-gaap_OtherReceivablesNetCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherReceivablesNetCurrent_lbl" xml:lang="en-US"> Due from related parties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration" xlink:label="us-gaap_AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration" xlink:to="us-gaap_AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableAfterAllowanceForCreditLossCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration_lbl" xml:lang="en-US"> Accounts Receivable, after Allowance for Credit Loss, Current, Related and Nonrelated Party Status [Extensible Enumeration] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsCurrent" xlink:label="us-gaap_AssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US"> Total current assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsNoncurrentAbstract" xlink:label="us-gaap_AssetsNoncurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNoncurrentAbstract" xlink:to="us-gaap_AssetsNoncurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNoncurrentAbstract_lbl" xml:lang="en-US"> NON - CURRENT ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Vessels in operation </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ConstructionInProgressGross1" xlink:label="gsl_ConstructionInProgressGross1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ConstructionInProgressGross1" xlink:to="gsl_ConstructionInProgressGross1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ConstructionInProgressGross1_lbl" xml:lang="en-US"> Advances for vessels acquisitions and other additions </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredCosts" xlink:label="us-gaap_DeferredCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCosts" xlink:to="us-gaap_DeferredCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCosts_lbl" xml:lang="en-US"> Deferred charges, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="us-gaap_OtherAssetsNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsNoncurrent" xlink:to="us-gaap_OtherAssetsNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsNoncurrent_lbl" xml:lang="en-US"> Other non-current assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="us-gaap_DerivativeAssetsNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsNoncurrent" xlink:to="us-gaap_DerivativeAssetsNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetsNoncurrent_lbl" xml:lang="en-US"> Derivative asset, net of current portion </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashAndCashEquivalentsNoncurrent" xlink:label="us-gaap_RestrictedCashAndCashEquivalentsNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCashAndCashEquivalentsNoncurrent" xlink:to="us-gaap_RestrictedCashAndCashEquivalentsNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCashAndCashEquivalentsNoncurrent_lbl" xml:lang="en-US"> Restricted cash, net of current portion </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsNoncurrent" xlink:label="us-gaap_AssetsNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNoncurrent" xlink:to="us-gaap_AssetsNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsNoncurrent_lbl" xml:lang="en-US"> Total non - current assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> TOTAL ASSETS </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="us-gaap_LiabilitiesCurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrentAbstract" xlink:to="us-gaap_LiabilitiesCurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xml:lang="en-US"> CURRENT LIABILITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableCurrent" xlink:label="us-gaap_AccountsPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrent" xlink:to="us-gaap_AccountsPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrent_lbl" xml:lang="en-US"> Accounts payable </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="us-gaap_AccruedLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedLiabilitiesCurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedLiabilitiesCurrent_lbl" xml:lang="en-US"> Accrued liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtCurrent" xlink:label="us-gaap_LongTermDebtCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtCurrent" xlink:to="us-gaap_LongTermDebtCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtCurrent_lbl" xml:lang="en-US"> Current portion of long - term debt </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredRevenueCurrent" xlink:label="us-gaap_DeferredRevenueCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRevenueCurrent" xlink:to="us-gaap_DeferredRevenueCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRevenueCurrent_lbl" xml:lang="en-US"> Current portion of deferred revenue </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherLiabilitiesCurrent" xlink:label="us-gaap_OtherLiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesCurrent" xlink:to="us-gaap_OtherLiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilitiesCurrent_lbl" xml:lang="en-US"> Due to related parties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration" xlink:label="us-gaap_AccountsPayableCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration" xlink:to="us-gaap_AccountsPayableCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration_lbl" xml:lang="en-US"> Accounts Payable, Current, Related and Nonrelated Party Status [Extensible Enumeration] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesCurrent" xlink:label="us-gaap_LiabilitiesCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xml:lang="en-US"> Total current liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesNoncurrentAbstract" xlink:label="us-gaap_LiabilitiesNoncurrentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesNoncurrentAbstract" xlink:to="us-gaap_LiabilitiesNoncurrentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesNoncurrentAbstract_lbl" xml:lang="en-US"> LONG - TERM LIABILITIES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="us-gaap_LongTermDebtNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtNoncurrent" xlink:to="us-gaap_LongTermDebtNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtNoncurrent_lbl" xml:lang="en-US"> Long - term debt, net of current portion and deferred financing costs </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IntangibleLiabilityCharterAgreementsNoncurrent" xlink:label="gsl_IntangibleLiabilityCharterAgreementsNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IntangibleLiabilityCharterAgreementsNoncurrent" xlink:to="gsl_IntangibleLiabilityCharterAgreementsNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_IntangibleLiabilityCharterAgreementsNoncurrent_lbl" xml:lang="en-US"> Intangible liabilities - charter agreements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredRevenueNoncurrent" xlink:label="us-gaap_DeferredRevenueNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRevenueNoncurrent" xlink:to="us-gaap_DeferredRevenueNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRevenueNoncurrent_lbl" xml:lang="en-US"> Deferred revenue, net of current portion </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesNoncurrent" xlink:label="us-gaap_LiabilitiesNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesNoncurrent" xlink:to="us-gaap_LiabilitiesNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesNoncurrent_lbl" xml:lang="en-US"> Total non - current liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Total liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US"> Commitments and Contingencies </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US"> SHAREHOLDERS' EQUITY </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockValueOutstanding" xlink:label="us-gaap_CommonStockValueOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValueOutstanding" xlink:to="us-gaap_CommonStockValueOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValueOutstanding_lbl" xml:lang="en-US"> Class A common shares - authorized 214,000,000 shares with a $0.01 par value 35,188,323 shares issued and outstanding (2022 - 35,990,288 shares) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="us-gaap_PreferredStockValueOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValueOutstanding" xlink:to="us-gaap_PreferredStockValueOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockValueOutstanding_lbl" xml:lang="en-US"> Series B Preferred Shares - authorized 104,000 shares with a $0.01 par value 43,592 shares issued and outstanding (2022 - 43,592 shares) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="us-gaap_AdditionalPaidInCapital"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapital" xlink:to="us-gaap_AdditionalPaidInCapital_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xml:lang="en-US"> Additional paid in capital </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US"> Retained Earnings </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US"> Accumulated other comprehensive income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US"> Total shareholders' equity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US"> TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US"> Statement [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US"> Statement [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US"> Common shares, shares authorized </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Common shares, par value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US"> Common shares, shares oustanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US"> Common shares, shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xml:lang="en-US"> Preferred shares, shares authorized </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Preferred shares, par value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="us-gaap_PreferredStockSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesOutstanding" xlink:to="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xml:lang="en-US"> Preferred shares, shares oustanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="us-gaap_PreferredStockSharesIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesIssued" xlink:to="us-gaap_PreferredStockSharesIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xml:lang="en-US"> Preferred shares, shares issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RevenuesAbstract" xlink:label="us-gaap_RevenuesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenuesAbstract" xlink:to="us-gaap_RevenuesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenuesAbstract_lbl" xml:lang="en-US"> OPERATING REVENUES </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseLeaseIncome" xlink:label="us-gaap_OperatingLeaseLeaseIncome"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLeaseIncome" xlink:to="us-gaap_OperatingLeaseLeaseIncome_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseLeaseIncome_lbl" xml:lang="en-US"> Time charter revenue (include related party revenues of $nil, $66,929 and $144,681 for each of the years ended December 31, 2023, 2022 and 2021, respectively) 0 </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmortizationOfAboveAndBelowMarketLeases1" xlink:label="gsl_AmortizationOfAboveAndBelowMarketLeases1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmortizationOfAboveAndBelowMarketLeases1" xlink:to="gsl_AmortizationOfAboveAndBelowMarketLeases1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AmortizationOfAboveAndBelowMarketLeases1_lbl" xml:lang="en-US"> Amortization of intangible liabilities-charter agreements (includes related party amortization of intangible liabilities-charter agreements of $nil, $5,385 and $6,882 for each of the years ended December 31, 2023, 2022 and 2021, respectively) 0 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US"> Total operating revenues </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CostsAndExpensesAbstract" xlink:label="us-gaap_CostsAndExpensesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsAndExpensesAbstract" xlink:to="us-gaap_CostsAndExpensesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsAndExpensesAbstract_lbl" xml:lang="en-US"> OPERATING EXPENSES: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="us-gaap_OperatingCostsAndExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingCostsAndExpenses" xlink:to="us-gaap_OperatingCostsAndExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xml:lang="en-US"> Vessel operating expenses (include related party vessels operating expenses of $19,086, $16,642 and $15,294 for each of the years ended December 31, 2023, 2022 and 2021, respectively) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TimeCharterAndVoyageExpenses" xlink:label="gsl_TimeCharterAndVoyageExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TimeCharterAndVoyageExpenses" xlink:to="gsl_TimeCharterAndVoyageExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TimeCharterAndVoyageExpenses_lbl" xml:lang="en-US"> Time charter and voyages expenses (include related party time charter and voyage expenses of $7,995, $6,289 and $3,583 for each of the years ended December 31, 2023, 2022 and 2021, respectively) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US"> Depreciation and amortization </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_TangibleAssetImpairmentCharges" xlink:label="us-gaap_TangibleAssetImpairmentCharges"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TangibleAssetImpairmentCharges" xlink:to="us-gaap_TangibleAssetImpairmentCharges_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TangibleAssetImpairmentCharges_lbl" xml:lang="en-US"> Impairment of vessels </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> General and administrative expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US"> Gain on sale of vessel </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US"> Operating Income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xml:lang="en-US"> NON-OPERATING INCOME/(EXPENSES) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="us-gaap_InvestmentIncomeInterest"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeInterest" xlink:to="us-gaap_InvestmentIncomeInterest_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xml:lang="en-US"> Interest income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestAndDebtExpense" xlink:label="us-gaap_InterestAndDebtExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndDebtExpense" xlink:to="us-gaap_InterestAndDebtExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestAndDebtExpense_lbl" xml:lang="en-US"> Interest and other finance expenses (include $108 acceleration of deferred financing costs, $21,511 expenses relating to prepayment fees, acceleration of deferred financing costs, premium and acceleration of premium amortization and $5,764 Notes premium for each of the years ended December 31, 2023, 2022 and 2021 respectively) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="us-gaap_OtherNonoperatingIncomeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingIncomeExpense" xlink:to="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xml:lang="en-US"> Other income, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeGainLossOnDerivativeNet" xlink:to="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xml:lang="en-US"> Fair value adjustment on derivative asset </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="us-gaap_NonoperatingIncomeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xml:lang="en-US"> Total non-operating expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xml:lang="en-US"> Income before income taxes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Income taxes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> Net Income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:to="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xml:lang="en-US"> Earnings allocated to Series B Preferred Shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:to="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xml:lang="en-US"> Net Income available to Common Shareholders </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xml:lang="en-US"> Weighted average number of Class A common shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Diluted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xml:lang="en-US"> Net Earnings per Class A common share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US"> Basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US"> Diluted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US"> Income Statement [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeaseLeaseIncomeRelatedparties" xlink:label="gsl_OperatingLeaseLeaseIncomeRelatedparties"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeaseLeaseIncomeRelatedparties" xlink:to="gsl_OperatingLeaseLeaseIncomeRelatedparties_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OperatingLeaseLeaseIncomeRelatedparties_lbl" xml:lang="en-US"> Time charter revenue - related parties </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmortizationOfIntangibleLiabilitiesRelatedParty" xlink:label="gsl_AmortizationOfIntangibleLiabilitiesRelatedParty"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmortizationOfIntangibleLiabilitiesRelatedParty" xlink:to="gsl_AmortizationOfIntangibleLiabilitiesRelatedParty_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AmortizationOfIntangibleLiabilitiesRelatedParty_lbl" xml:lang="en-US"> Amortization of intangible liabilities - related party </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CostsAndExpensesRelatedParty" xlink:label="us-gaap_CostsAndExpensesRelatedParty"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsAndExpensesRelatedParty" xlink:to="us-gaap_CostsAndExpensesRelatedParty_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsAndExpensesRelatedParty_lbl" xml:lang="en-US"> Vessel operating expenses - related parties </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_TimeCharterAndVoyageExpensesRelatedParty" xlink:label="gsl_TimeCharterAndVoyageExpensesRelatedParty"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TimeCharterAndVoyageExpensesRelatedParty" xlink:to="gsl_TimeCharterAndVoyageExpensesRelatedParty_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TimeCharterAndVoyageExpensesRelatedParty_lbl" xml:lang="en-US"> Time charter and voyage expenses - related parties </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:label="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:to="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_lbl" xml:lang="en-US"> Debt Related Commitment Fees and Debt Issuance Costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Interest and other finance expenses </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CashFlowHedgeAbstract" xlink:label="gsl_CashFlowHedgeAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CashFlowHedgeAbstract" xlink:to="gsl_CashFlowHedgeAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CashFlowHedgeAbstract_lbl" xml:lang="en-US"> Cash Flow Hedge: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_lbl" xml:lang="en-US"> Unrealized (loss)/gain on derivative assets </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmortizationOfInterestRateCapPremium" xlink:label="gsl_AmortizationOfInterestRateCapPremium"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmortizationOfInterestRateCapPremium" xlink:to="gsl_AmortizationOfInterestRateCapPremium_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AmortizationOfInterestRateCapPremium_lbl" xml:lang="en-US"> Amortization of interest rate cap premium </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_lbl" xml:lang="en-US"> Amounts reclassified to/(from) earnings </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_lbl" xml:lang="en-US"> Total Other Comprehensive (Loss)/Income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax" xlink:to="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US"> Total Comprehensive Income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US"> Statement of Cash Flows [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US"> Cash flows from operating activities: </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US"> Net income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Adjustments to reconcile net income to net cash provided by operating activities: </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmountRealizedAndReclassifiedToEarnings" xlink:label="gsl_AmountRealizedAndReclassifiedToEarnings"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmountRealizedAndReclassifiedToEarnings" xlink:to="gsl_AmountRealizedAndReclassifiedToEarnings_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AmountRealizedAndReclassifiedToEarnings_lbl" xml:lang="en-US"> Amounts reclassified to/(from) other comprehensive income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="us-gaap_AmortizationOfIntangibleAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfIntangibleAssets" xlink:to="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xml:lang="en-US"> Amortization of derivative assets’ premium </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="us-gaap_AmortizationOfFinancingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfFinancingCosts" xlink:to="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xml:lang="en-US"> Amortization of deferred financing costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="us-gaap_AmortizationOfDebtDiscountPremium"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfDebtDiscountPremium" xlink:to="us-gaap_AmortizationOfDebtDiscountPremium_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfDebtDiscountPremium_lbl" xml:lang="en-US"> Amortization of original issue premium of notes/premium on repurchase of notes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfAboveAndBelowMarketLeases" xlink:label="us-gaap_AmortizationOfAboveAndBelowMarketLeases"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfAboveAndBelowMarketLeases" xlink:to="us-gaap_AmortizationOfAboveAndBelowMarketLeases_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfAboveAndBelowMarketLeases_lbl" xml:lang="en-US"> Amortization of intangible liabilities - charter agreements </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_2_lbl" xml:lang="en-US"> Fair value adjustment on derivative asset </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PrepaymentFeesOnRepaymentsOfDebt" xlink:label="gsl_PrepaymentFeesOnRepaymentsOfDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PrepaymentFeesOnRepaymentsOfDebt" xlink:to="gsl_PrepaymentFeesOnRepaymentsOfDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PrepaymentFeesOnRepaymentsOfDebt_lbl" xml:lang="en-US"> Prepayment fees on debt repayment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US"> Share based compensation expense </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US"> Changes in operating assets and liabilities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_lbl" xml:lang="en-US"> Increase in accounts receivable and other assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="us-gaap_IncreaseDecreaseInInventories"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInInventories" xlink:to="us-gaap_IncreaseDecreaseInInventories_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US"> Increase in inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInDerivativeAssets" xlink:label="us-gaap_IncreaseDecreaseInDerivativeAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDerivativeAssets" xlink:to="us-gaap_IncreaseDecreaseInDerivativeAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInDerivativeAssets_lbl" xml:lang="en-US"> Increase in derivative assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities_lbl" xml:lang="en-US"> (Decrease)/increase in accounts payable and other liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInDueToRelatedParties" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedParties"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDueToRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInDueToRelatedParties_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedParties_lbl" xml:lang="en-US"> Decrease/(increase) in related parties' balances, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInDeferredRevenue" xlink:label="us-gaap_IncreaseDecreaseInDeferredRevenue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredRevenue" xlink:to="us-gaap_IncreaseDecreaseInDeferredRevenue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDeferredRevenue_lbl" xml:lang="en-US"> (Decrease)/increase in deferred revenue </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DrydockingCosts" xlink:label="gsl_DrydockingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DrydockingCosts" xlink:to="gsl_DrydockingCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_DrydockingCosts_lbl" xml:lang="en-US"> Payments for drydocking and special survey costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ForeignCurrencyTransactionGainLossUnrealized" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionGainLossUnrealized" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" xml:lang="en-US"> Unrealized foreign exchange (gain)/loss </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US"> Net cash provided by operating activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from investing activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireMachineryAndEquipment" xlink:label="us-gaap_PaymentsToAcquireMachineryAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireMachineryAndEquipment" xlink:to="us-gaap_PaymentsToAcquireMachineryAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquireMachineryAndEquipment_lbl" xml:lang="en-US"> Acquisition of vessels and intangibles </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForCapitalImprovements" xlink:label="us-gaap_PaymentsForCapitalImprovements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForCapitalImprovements" xlink:to="us-gaap_PaymentsForCapitalImprovements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForCapitalImprovements_lbl" xml:lang="en-US"> Cash paid for vessel expenditures </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromOtherDeposits" xlink:label="us-gaap_ProceedsFromOtherDeposits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromOtherDeposits" xlink:to="us-gaap_ProceedsFromOtherDeposits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromOtherDeposits_lbl" xml:lang="en-US"> Net proceeds from sale of vessels </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForConstructionInProcess" xlink:label="us-gaap_PaymentsForConstructionInProcess"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForConstructionInProcess" xlink:to="us-gaap_PaymentsForConstructionInProcess_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForConstructionInProcess_lbl" xml:lang="en-US"> Advances for vessel acquisitions and other additions </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IncreaseDecreaseInTimeDepositsAcquired" xlink:label="gsl_IncreaseDecreaseInTimeDepositsAcquired"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IncreaseDecreaseInTimeDepositsAcquired" xlink:to="gsl_IncreaseDecreaseInTimeDepositsAcquired_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_IncreaseDecreaseInTimeDepositsAcquired_lbl" xml:lang="en-US"> Time deposits acquired </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US"> Net cash used in investing activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from financing activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfUnsecuredDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfUnsecuredDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfUnsecuredDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_lbl" xml:lang="en-US"> Proceeds from issuance of 2024 Notes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RepaymentsOfSecuredDebt" xlink:label="us-gaap_RepaymentsOfSecuredDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfSecuredDebt" xlink:to="us-gaap_RepaymentsOfSecuredDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfSecuredDebt_lbl" xml:lang="en-US"> Repurchase of 2022 Notes, including premium </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RepaymentsOfSeniorDebt" xlink:label="us-gaap_RepaymentsOfSeniorDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfSeniorDebt" xlink:to="us-gaap_RepaymentsOfSeniorDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfSeniorDebt_lbl" xml:lang="en-US"> Repurchase of 2024 Notes, including premium </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="us-gaap_ProceedsFromLinesOfCredit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromLinesOfCredit" xlink:to="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xml:lang="en-US"> Proceeds from drawdown of credit facilities and sale and leaseback </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfDebt_lbl" xml:lang="en-US"> Proceeds from 2027 Secured Notes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="us-gaap_RepaymentsOfLinesOfCredit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLinesOfCredit" xlink:to="us-gaap_RepaymentsOfLinesOfCredit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_lbl" xml:lang="en-US"> Repayment of credit facilities and sale and leaseback </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RepaymentsOfDebt" xlink:label="us-gaap_RepaymentsOfDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfDebt" xlink:to="us-gaap_RepaymentsOfDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfDebt_lbl" xml:lang="en-US"> Repayment of refinanced debt, including prepayment fees </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsOfFinancingCosts" xlink:label="us-gaap_PaymentsOfFinancingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfFinancingCosts" xlink:to="us-gaap_PaymentsOfFinancingCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsOfFinancingCosts_lbl" xml:lang="en-US"> Deferred financing costs paid </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xml:lang="en-US"> Net proceeds from offering of Class A common shares, net of offering costs </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_StockRepurchasedAndRetiredDuringPeriodValue1" xlink:label="gsl_StockRepurchasedAndRetiredDuringPeriodValue1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StockRepurchasedAndRetiredDuringPeriodValue1" xlink:to="gsl_StockRepurchasedAndRetiredDuringPeriodValue1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_StockRepurchasedAndRetiredDuringPeriodValue1_lbl" xml:lang="en-US"> Cancellation of Class A common shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:to="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xml:lang="en-US"> Proceeds from offering of Series B preferred shares, net of offering costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="us-gaap_PaymentsOfDividendsCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividendsCommonStock" xlink:to="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xml:lang="en-US"> Class A common shares - dividend paid </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:label="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:to="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_lbl" xml:lang="en-US"> Series B Preferred Shares - dividend paid </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US"> Net cash (used in)/provided by financing activities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xml:lang="en-US"> Net increase in cash and cash equivalents and restricted cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xml:lang="en-US"> Cash and cash equivalents and restricted cash at beginning of the year </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_2_lbl" xml:lang="en-US"> Cash and cash equivalents and restricted cash at end of the year </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US"> Supplementary Cash Flow Information: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="us-gaap_InterestPaidNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US"> Cash paid for interest </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:label="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:to="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_lbl" xml:lang="en-US"> Cash received from interest rate caps </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NoncashInvestingItemsAbstract" xlink:label="gsl_NoncashInvestingItemsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NoncashInvestingItemsAbstract" xlink:to="gsl_NoncashInvestingItemsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NoncashInvestingItemsAbstract_lbl" xml:lang="en-US"> Non-cash investing activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CapitalExpendituresIncurredButNotYetPaid" xlink:label="us-gaap_CapitalExpendituresIncurredButNotYetPaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalExpendituresIncurredButNotYetPaid" xlink:to="us-gaap_CapitalExpendituresIncurredButNotYetPaid_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalExpendituresIncurredButNotYetPaid_lbl" xml:lang="en-US"> Unpaid advances for vessel’s acquisitions and other additions </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueOfAssetsAcquired" xlink:label="us-gaap_FairValueOfAssetsAcquired"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOfAssetsAcquired" xlink:to="us-gaap_FairValueOfAssetsAcquired_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueOfAssetsAcquired_lbl" xml:lang="en-US"> Acquisition of vessels and intangibles </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NoncashFinancingItemsAbstract" xlink:label="gsl_NoncashFinancingItemsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NoncashFinancingItemsAbstract" xlink:to="gsl_NoncashFinancingItemsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NoncashFinancingItemsAbstract_lbl" xml:lang="en-US"> Non-cash financing activities: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xlink:to="us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_lbl" xml:lang="en-US"> Issuance of 2024 Notes for the acquisition of vessels </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NotesIssued1" xlink:label="us-gaap_NotesIssued1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesIssued1" xlink:to="us-gaap_NotesIssued1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NotesIssued1_lbl" xml:lang="en-US"> Premium on the 2024 Notes issued for the acquisition of vessels </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction" xlink:label="us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction" xlink:to="us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction_lbl" xml:lang="en-US"> Unpaid offering costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnDerivatives" xlink:to="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xml:lang="en-US"> Unrealized (loss)/gain on derivative assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Beginning balance, value </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharesOutstanding" xlink:label="us-gaap_SharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharesOutstanding_lbl" xml:lang="en-US"> Beginning balance,shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US"> Stock-based compensation expense (Note 17) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:to="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xml:lang="en-US"> Stock-based compensation expense (Note 17), shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US"> Issuance of Class A common shares, net of offering costs (Notes 16 and 17) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xml:lang="en-US"> Issuance of Class A common shares, net of offering costs (Notes 16 and 17), shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConversionOfStockAmountConverted1" xlink:label="us-gaap_ConversionOfStockAmountConverted1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConversionOfStockAmountConverted1" xlink:to="us-gaap_ConversionOfStockAmountConverted1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConversionOfStockAmountConverted1_lbl" xml:lang="en-US"> Conversion of Series C Preferred shares to Class A common shares (Note 16) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:to="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xml:lang="en-US"> Conversion of Series C Preferred shares to Class A common shares (Note 16), shares </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ConvertibleSecuritiesConvertedShares" xlink:label="gsl_ConvertibleSecuritiesConvertedShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ConvertibleSecuritiesConvertedShares" xlink:to="gsl_ConvertibleSecuritiesConvertedShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_ConvertibleSecuritiesConvertedShares_lbl" xml:lang="en-US"> Conversion of Series C Preferred shares to Class A common shares (Note 16), shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodValue" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_lbl" xml:lang="en-US"> Cancellation of Class A common shares (Note 16) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_lbl" xml:lang="en-US"> Cancellation of Class A common shares (Note 16), shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US"> Other comprehensive loss </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLoss_3_lbl" xml:lang="en-US"> Net Income for the year </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DividendsPreferredStock" xlink:label="us-gaap_DividendsPreferredStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsPreferredStock" xlink:to="us-gaap_DividendsPreferredStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DividendsPreferredStock_lbl" xml:lang="en-US"> Series B Preferred Shares dividend (Note 16) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PreferredStockIssuedDuringPeriodValueNewIssues" xlink:label="gsl_PreferredStockIssuedDuringPeriodValueNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PreferredStockIssuedDuringPeriodValueNewIssues" xlink:to="gsl_PreferredStockIssuedDuringPeriodValueNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PreferredStockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US"> Issuance of Series B Preferred shares, net of offering costs (Note 16) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PreferredStockIssuedDuringPeriodSharesNewIssues" xlink:label="gsl_PreferredStockIssuedDuringPeriodSharesNewIssues"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PreferredStockIssuedDuringPeriodSharesNewIssues" xlink:to="gsl_PreferredStockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PreferredStockIssuedDuringPeriodSharesNewIssues_lbl" xml:lang="en-US"> Issuance of Series B Preferred shares, net of offering costs, shares </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_2_lbl" xml:lang="en-US"> Class A common shares dividend (Note 16) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US"> Ending balance, value </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharesOutstanding_2_lbl" xml:lang="en-US"> Ending balance,shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US"> Organization, Consolidation and Presentation of Financial Statements [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US"> Description of Business </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US"> Accounting Policies [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US"> Summary of Significant Accounting Policies </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsAbstract" xlink:label="us-gaap_CashAndCashEquivalentsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAbstract" xlink:to="us-gaap_CashAndCashEquivalentsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAbstract_lbl" xml:lang="en-US"> Cash and Cash Equivalents [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsDisclosureTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsDisclosureTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsDisclosureTextBlock_lbl" xml:lang="en-US"> Restricted Cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US"> Property, Plant and Equipment [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xml:lang="en-US"> Vessels in Operation </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureDeferredChargesNetAbstract" xlink:label="gsl_DisclosureDeferredChargesNetAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureDeferredChargesNetAbstract" xlink:to="gsl_DisclosureDeferredChargesNetAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisclosureDeferredChargesNetAbstract_lbl" xml:lang="en-US"> Deferred Charges Net </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeferredChargesTextBlock" xlink:label="gsl_DeferredChargesTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredChargesTextBlock" xlink:to="gsl_DeferredChargesTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DeferredChargesTextBlock_lbl" xml:lang="en-US"> Deferred charges, net </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureIntangibleLiabilitiesCharterAgreementsAbstract" xlink:label="gsl_DisclosureIntangibleLiabilitiesCharterAgreementsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureIntangibleLiabilitiesCharterAgreementsAbstract" xlink:to="gsl_DisclosureIntangibleLiabilitiesCharterAgreementsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisclosureIntangibleLiabilitiesCharterAgreementsAbstract_lbl" xml:lang="en-US"> Intangible Liabilities/Assets - Charter Agreements </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IntangibleLiabilityCharterAgreementsTextBlock" xlink:label="gsl_IntangibleLiabilityCharterAgreementsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IntangibleLiabilityCharterAgreementsTextBlock" xlink:to="gsl_IntangibleLiabilityCharterAgreementsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_IntangibleLiabilityCharterAgreementsTextBlock_lbl" xml:lang="en-US"> Intangible Liabilities - Charter Agreements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xml:lang="en-US"> Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherCurrentAssetsTextBlock" xlink:label="us-gaap_OtherCurrentAssetsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCurrentAssetsTextBlock" xlink:to="us-gaap_OtherCurrentAssetsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherCurrentAssetsTextBlock_lbl" xml:lang="en-US"> Prepaid Expenses and Other Current Assets </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ClassesOfInventoriesAbstract" xlink:label="gsl_ClassesOfInventoriesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ClassesOfInventoriesAbstract" xlink:to="gsl_ClassesOfInventoriesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_ClassesOfInventoriesAbstract_lbl" xml:lang="en-US"> Inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryDisclosureTextBlock" xlink:label="us-gaap_InventoryDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryDisclosureTextBlock" xlink:to="us-gaap_InventoryDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InventoryDisclosureTextBlock_lbl" xml:lang="en-US"> Inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xml:lang="en-US"> Fair Value Disclosures [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresTextBlock" xlink:to="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US"> Derivative Asset </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="us-gaap_PayablesAndAccrualsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_PayablesAndAccrualsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PayablesAndAccrualsAbstract_lbl" xml:lang="en-US"> Payables and Accruals [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock" xlink:to="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_lbl" xml:lang="en-US"> Accounts Payable </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureAccruedLiabilitiesAbstract" xlink:label="gsl_DisclosureAccruedLiabilitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureAccruedLiabilitiesAbstract" xlink:to="gsl_DisclosureAccruedLiabilitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisclosureAccruedLiabilitiesAbstract_lbl" xml:lang="en-US"> Accrued Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock" xlink:label="gsl_AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock" xlink:to="gsl_AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock_lbl" xml:lang="en-US"> Accrued Liabilities </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US"> Debt Disclosure [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="us-gaap_LongTermDebtTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtTextBlock" xlink:to="us-gaap_LongTermDebtTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtTextBlock_lbl" xml:lang="en-US"> Long-Term Debt (Narrative I) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureLongtermDebtNarrativeIiAbstract" xlink:label="gsl_DisclosureLongtermDebtNarrativeIiAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureLongtermDebtNarrativeIiAbstract" xlink:to="gsl_DisclosureLongtermDebtNarrativeIiAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisclosureLongtermDebtNarrativeIiAbstract_lbl" xml:lang="en-US"> Long-term Debt </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LongTermDebtTextBlock1" xlink:label="gsl_LongTermDebtTextBlock1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LongTermDebtTextBlock1" xlink:to="gsl_LongTermDebtTextBlock1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LongTermDebtTextBlock1_lbl" xml:lang="en-US"> Long-Term Debt (Narrative II) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureLongtermDebtNarrativeIiiAbstract" xlink:label="gsl_DisclosureLongtermDebtNarrativeIiiAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureLongtermDebtNarrativeIiiAbstract" xlink:to="gsl_DisclosureLongtermDebtNarrativeIiiAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DisclosureLongtermDebtNarrativeIiiAbstract_lbl" xml:lang="en-US"> Long-term Debt </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LongTermDebtTextBlock2" xlink:label="gsl_LongTermDebtTextBlock2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LongTermDebtTextBlock2" xlink:to="gsl_LongTermDebtTextBlock2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LongTermDebtTextBlock2_lbl" xml:lang="en-US"> Long-Term Debt (Narrative III) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureLongtermDebtNarrativeIvAbstract" xlink:label="gsl_DisclosureLongtermDebtNarrativeIvAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureLongtermDebtNarrativeIvAbstract" xlink:to="gsl_DisclosureLongtermDebtNarrativeIvAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DisclosureLongtermDebtNarrativeIvAbstract_lbl" xml:lang="en-US"> Long-term Debt </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LongTermDebtTextBlock3" xlink:label="gsl_LongTermDebtTextBlock3"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LongTermDebtTextBlock3" xlink:to="gsl_LongTermDebtTextBlock3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LongTermDebtTextBlock3_lbl" xml:lang="en-US"> Long-Term Debt (Narrative IV) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RevenueFromContractWithCustomerAbstract" xlink:label="us-gaap_RevenueFromContractWithCustomerAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueFromContractWithCustomerAbstract" xlink:to="us-gaap_RevenueFromContractWithCustomerAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueFromContractWithCustomerAbstract_lbl" xml:lang="en-US"> Revenue from Contract with Customer [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:label="us-gaap_RevenueFromContractWithCustomerTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:to="us-gaap_RevenueFromContractWithCustomerTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueFromContractWithCustomerTextBlock_lbl" xml:lang="en-US"> Time charter revenue </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US"> Related Party Transactions [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US"> Related Party Transactions </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisclosureOfContingentLiabilitiesAbstract" xlink:label="gsl_DisclosureOfContingentLiabilitiesAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisclosureOfContingentLiabilitiesAbstract" xlink:to="gsl_DisclosureOfContingentLiabilitiesAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisclosureOfContingentLiabilitiesAbstract_lbl" xml:lang="en-US"> Commitments And Contingencies </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US"> Commitments and Contingencies </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EquityAbstract" xlink:label="us-gaap_EquityAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityAbstract" xlink:to="us-gaap_EquityAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityAbstract_lbl" xml:lang="en-US"> Equity [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xml:lang="en-US"> Share Capital </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xml:lang="en-US"> Share-Based Payment Arrangement [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:to="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xml:lang="en-US"> Share-Based Compensation </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareAbstract_2_lbl" xml:lang="en-US"> Earnings Per Share [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="us-gaap_EarningsPerShareTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US"> Earnings per Share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xml:lang="en-US"> Subsequent Events [Abstract] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US"> Subsequent events </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:to="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Basis of Presentation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="us-gaap_ConsolidationPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationPolicyTextBlock" xlink:to="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US"> Principles of Consolidation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UseOfEstimates" xlink:to="us-gaap_UseOfEstimates_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UseOfEstimates_lbl" xml:lang="en-US"> Use of Estimates </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xml:lang="en-US"> Cash and cash equivalents </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy" xlink:to="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xml:lang="en-US"> Restricted cash </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_InsurancePolicyTextBlock" xlink:label="gsl_InsurancePolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_InsurancePolicyTextBlock" xlink:to="gsl_InsurancePolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_InsurancePolicyTextBlock_lbl" xml:lang="en-US"> Insurance claims </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InventoryPolicyTextBlock" xlink:label="us-gaap_InventoryPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryPolicyTextBlock" xlink:to="us-gaap_InventoryPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InventoryPolicyTextBlock_lbl" xml:lang="en-US"> Inventories </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:to="us-gaap_TradeAndOtherAccountsReceivablePolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy_lbl" xml:lang="en-US"> Accounts receivable, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US"> Vessels in operation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredChargesPolicyTextBlock" xlink:label="us-gaap_DeferredChargesPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredChargesPolicyTextBlock" xlink:to="us-gaap_DeferredChargesPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_lbl" xml:lang="en-US"> Deferred charges, net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IntangibleAssetsFiniteLivedPolicy" xlink:label="us-gaap_IntangibleAssetsFiniteLivedPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IntangibleAssetsFiniteLivedPolicy" xlink:to="us-gaap_IntangibleAssetsFiniteLivedPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IntangibleAssetsFiniteLivedPolicy_lbl" xml:lang="en-US"> Intangible assets and liabilities - charter agreements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentImpairment" xlink:label="us-gaap_PropertyPlantAndEquipmentImpairment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentImpairment" xlink:to="us-gaap_PropertyPlantAndEquipmentImpairment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentImpairment_lbl" xml:lang="en-US"> Impairment of Long-lived assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtPolicyTextBlock" xlink:label="us-gaap_DebtPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtPolicyTextBlock" xlink:to="us-gaap_DebtPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtPolicyTextBlock_lbl" xml:lang="en-US"> Deferred financing costs </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PreferredSharesPolicyTextBlock" xlink:label="gsl_PreferredSharesPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PreferredSharesPolicyTextBlock" xlink:to="gsl_PreferredSharesPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PreferredSharesPolicyTextBlock_lbl" xml:lang="en-US"> Preferred shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:to="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xml:lang="en-US"> Other comprehensive income </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionPolicyTextBlock" xlink:to="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xml:lang="en-US"> Revenue recognition and related expense </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:to="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xml:lang="en-US"> Foreign currency transactions </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:to="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xml:lang="en-US"> Share based compensation </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xml:lang="en-US"> Income taxes </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DividendsPolicyTextBlock" xlink:label="gsl_DividendsPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DividendsPolicyTextBlock" xlink:to="gsl_DividendsPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DividendsPolicyTextBlock_lbl" xml:lang="en-US"> Dividends </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerSharePolicyTextBlock" xlink:to="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xml:lang="en-US"> Earnings per share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="us-gaap_ConcentrationRiskCreditRisk"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskCreditRisk" xlink:to="us-gaap_ConcentrationRiskCreditRisk_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskCreditRisk_lbl" xml:lang="en-US"> Risks Associated with Concentration </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:to="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Segment Reporting </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:to="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xml:lang="en-US"> Fair Value Measurement and Financial Instruments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="us-gaap_DerivativesPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesPolicyTextBlock" xlink:to="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xml:lang="en-US"> Derivative instruments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Recently issued accounting standards </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock" xlink:label="us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock" xlink:to="us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock_lbl" xml:lang="en-US"> Description of Business - Schedule of Vessels (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" xlink:label="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" xlink:to="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock_lbl" xml:lang="en-US"> Restricted cash (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US"> Vessels in Operation - Schedule of Vessels in Operation (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock" xlink:label="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock" xlink:to="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock_lbl" xml:lang="en-US"> Vessels in Operation - Vessels Acquisitions (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock1" xlink:label="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock1" xlink:to="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock1_lbl" xml:lang="en-US"> Vessels in Operation - Vessels Acquisitions (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock" xlink:to="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_lbl" xml:lang="en-US"> Deferred charges, net (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock" xlink:to="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xml:lang="en-US"> Intangible Liabilities/ Assets - Charter Agreements - Aggregate Amortization of Intangible Liabilities (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock" xlink:label="us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock" xlink:to="us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock_lbl" xml:lang="en-US"> Prepaid Expenses and Other Current Assets (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfInventoryCurrentTableTextBlock" xlink:label="us-gaap_ScheduleOfInventoryCurrentTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInventoryCurrentTableTextBlock" xlink:to="us-gaap_ScheduleOfInventoryCurrentTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfInventoryCurrentTableTextBlock_lbl" xml:lang="en-US"> Inventories (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock" xlink:label="us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock" xlink:to="us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock_lbl" xml:lang="en-US"> Derivative Asset - Schedule of Derivative Assets (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_lbl" xml:lang="en-US"> Accounts Payable (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock_lbl" xml:lang="en-US"> Accrued Liabilities (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:to="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xml:lang="en-US"> Long-Term Debt - Schedule of Long - Term Debt (Table) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisclosureLongtermDebtNarrativeIvAbstract_2_lbl" xml:lang="en-US"> Long-term Debt Narrative Iv </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:to="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_lbl" xml:lang="en-US"> Long-Term Debt - Repayment Schedule (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ScheduleOfDeferredFinancingCostsTableTextBlock" xlink:label="gsl_ScheduleOfDeferredFinancingCostsTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ScheduleOfDeferredFinancingCostsTableTextBlock" xlink:to="gsl_ScheduleOfDeferredFinancingCostsTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ScheduleOfDeferredFinancingCostsTableTextBlock_lbl" xml:lang="en-US"> Long-Term Debt - Schedule of Deferred Financing Costs (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock" xlink:label="us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock" xlink:to="us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_lbl" xml:lang="en-US"> Time charter revenue - Operating revenue (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock1" xlink:label="gsl_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock1" xlink:to="gsl_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock1_lbl" xml:lang="en-US"> Commitments and Contingencies - Charter Hire Receivable (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock" xlink:label="us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock" xlink:to="us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock_lbl" xml:lang="en-US"> Share-Based Compensation (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xml:lang="en-US"> Earnings/(Loss) per Share (Table) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTable" xlink:label="us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTable" xlink:to="us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTable_lbl" xml:lang="en-US"> Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EntityIncorporationCountryName" xlink:label="gsl_EntityIncorporationCountryName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EntityIncorporationCountryName" xlink:to="gsl_EntityIncorporationCountryName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EntityIncorporationCountryName_lbl" xml:lang="en-US"> Country of Incorporation </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VesselName" xlink:label="gsl_VesselName"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselName" xlink:to="gsl_VesselName_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_VesselName_lbl" xml:lang="en-US"> Vessel Name </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CapacityOfVesselsInTwentyFootEquivalentUnits" xlink:label="gsl_CapacityOfVesselsInTwentyFootEquivalentUnits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CapacityOfVesselsInTwentyFootEquivalentUnits" xlink:to="gsl_CapacityOfVesselsInTwentyFootEquivalentUnits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CapacityOfVesselsInTwentyFootEquivalentUnits_lbl" xml:lang="en-US"> Capacity in TEUs </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_YearBuilt" xlink:label="gsl_YearBuilt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_YearBuilt" xlink:to="gsl_YearBuilt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_YearBuilt_lbl" xml:lang="en-US"> Year Built </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EarliestCharterExpiryDate" xlink:label="gsl_EarliestCharterExpiryDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EarliestCharterExpiryDate" xlink:to="gsl_EarliestCharterExpiryDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EarliestCharterExpiryDate_lbl" xml:lang="en-US"> Earliest Charter Expiry Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NoncashOrPartNoncashAcquisitionsTable" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionsTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncashOrPartNoncashAcquisitionsTable" xlink:to="us-gaap_NoncashOrPartNoncashAcquisitionsTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionsTable_lbl" xml:lang="en-US"> Noncash or Part Noncash Acquisitions [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NoncashOrPartNoncashAcquisitionsLineItems" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionsLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncashOrPartNoncashAcquisitionsLineItems" xlink:to="us-gaap_NoncashOrPartNoncashAcquisitionsLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionsLineItems_lbl" xml:lang="en-US"> Noncash or Part Noncash Acquisitions [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsPurchased" xlink:label="gsl_NumberOfVesselsPurchased"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsPurchased" xlink:to="gsl_NumberOfVesselsPurchased_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsPurchased_lbl" xml:lang="en-US"> Number of vessels purchased </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsSold" xlink:label="gsl_NumberOfVesselsSold"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsSold" xlink:to="gsl_NumberOfVesselsSold_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsSold_lbl" xml:lang="en-US"> Number of vessels sold </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentAdditions" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAdditions" xlink:to="us-gaap_PropertyPlantAndEquipmentAdditions_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions_lbl" xml:lang="en-US"> Aggregate purchase price </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeliveryDate" xlink:label="gsl_DeliveryDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeliveryDate" xlink:to="gsl_DeliveryDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeliveryDate_lbl" xml:lang="en-US"> Date of Delivery </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsOwned" xlink:label="gsl_NumberOfVesselsOwned"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsOwned" xlink:to="gsl_NumberOfVesselsOwned_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsOwned_lbl" xml:lang="en-US"> Number of vessels owned </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_WeightedAverageAgeCapacity" xlink:label="gsl_WeightedAverageAgeCapacity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_WeightedAverageAgeCapacity" xlink:to="gsl_WeightedAverageAgeCapacity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_WeightedAverageAgeCapacity_lbl" xml:lang="en-US"> Weighted average capacity </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SupplementalCashFlowInformationRelatedText" xlink:label="us-gaap_SupplementalCashFlowInformationRelatedText"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationRelatedText" xlink:to="us-gaap_SupplementalCashFlowInformationRelatedText_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationRelatedText_lbl" xml:lang="en-US"> Supplemental Cash Flow Information Related Text </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl" xml:lang="en-US"> Allowances of doubtful accounts </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestCostsCapitalized" xlink:label="us-gaap_InterestCostsCapitalized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestCostsCapitalized" xlink:to="us-gaap_InterestCostsCapitalized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xml:lang="en-US"> Capitalized interest </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:to="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xml:lang="en-US"> Property, Plant and Equipment, Useful Life </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_EstimatedResidualValueShipsPerLightweightTon" xlink:label="gsl_EstimatedResidualValueShipsPerLightweightTon"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EstimatedResidualValueShipsPerLightweightTon" xlink:to="gsl_EstimatedResidualValueShipsPerLightweightTon_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EstimatedResidualValueShipsPerLightweightTon_lbl" xml:lang="en-US"> Estimated residual scrap value of vessels per lightweight ton (LWT) </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PeriodBetweenScheduledDrydockings" xlink:label="gsl_PeriodBetweenScheduledDrydockings"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PeriodBetweenScheduledDrydockings" xlink:to="gsl_PeriodBetweenScheduledDrydockings_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PeriodBetweenScheduledDrydockings_lbl" xml:lang="en-US"> Period Between Scheduled Drydockings </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FutureCharterRateAssumptions" xlink:label="gsl_FutureCharterRateAssumptions"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FutureCharterRateAssumptions" xlink:to="gsl_FutureCharterRateAssumptions_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FutureCharterRateAssumptions_lbl" xml:lang="en-US"> Future charter rate assumptions </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TangibleAssetImpairmentCharges_2_lbl" xml:lang="en-US"> Vessel impairment charges </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_2_lbl" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentFairValueDisclosure" xlink:label="us-gaap_PropertyPlantAndEquipmentFairValueDisclosure"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentFairValueDisclosure" xlink:to="us-gaap_PropertyPlantAndEquipmentFairValueDisclosure_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentFairValueDisclosure_lbl" xml:lang="en-US"> Fair value of property, plant and equipment </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsImpairmentChargeRecognized" xlink:label="gsl_NumberOfVesselsImpairmentChargeRecognized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsImpairmentChargeRecognized" xlink:to="gsl_NumberOfVesselsImpairmentChargeRecognized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsImpairmentChargeRecognized_lbl" xml:lang="en-US"> Number of vessels recognized with impairment charge </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="us-gaap_PreferredStockDividendRatePercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividendRatePercentage" xlink:to="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xml:lang="en-US"> Preferred Stock, Dividend Rate, Percentage </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ConvertibleSecuritiesConvertedShares_2_lbl" xml:lang="en-US"> Convertible securities converted shares </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax1" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax1" xlink:to="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax1_lbl" xml:lang="en-US"> Other Comprehensive Income (Loss), Cash Flow Hedge, Loss, before Reclassification, after tax </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax1" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax1" xlink:to="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax1_lbl" xml:lang="en-US"> Unrealized gain on the interest rate caps </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_2_lbl" xml:lang="en-US"> Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesIncomeStatementLeaseRevenue1" xlink:label="gsl_OperatingLeasesIncomeStatementLeaseRevenue1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesIncomeStatementLeaseRevenue1" xlink:to="gsl_OperatingLeasesIncomeStatementLeaseRevenue1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_OperatingLeasesIncomeStatementLeaseRevenue1_lbl" xml:lang="en-US"> Charter revenue </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PrepaidExpenseAndOtherAssetsCurrent_2_lbl" xml:lang="en-US"> Prepaid Expense and Other Assets, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsNoncurrent" xlink:to="us-gaap_OtherAssetsNoncurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherAssetsNoncurrent_2_lbl" xml:lang="en-US"> Other Assets, Noncurrent </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleAndLeasebackTransactionsFailedNumber" xlink:label="gsl_SaleAndLeasebackTransactionsFailedNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleAndLeasebackTransactionsFailedNumber" xlink:to="gsl_SaleAndLeasebackTransactionsFailedNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleAndLeasebackTransactionsFailedNumber_lbl" xml:lang="en-US"> Number of failed sale and leaseback transactions </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfSubsidiaries" xlink:label="gsl_NumberOfSubsidiaries"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfSubsidiaries" xlink:to="gsl_NumberOfSubsidiaries_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfSubsidiaries_lbl" xml:lang="en-US"> Number of subsidiaries </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:to="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Percent </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfBanksHoldingDeposits" xlink:label="gsl_NumberOfBanksHoldingDeposits"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfBanksHoldingDeposits" xlink:to="gsl_NumberOfBanksHoldingDeposits_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfBanksHoldingDeposits_lbl" xml:lang="en-US"> Number of banks holding deposits </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NumberOfReportableSegments" xlink:label="us-gaap_NumberOfReportableSegments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NumberOfReportableSegments" xlink:to="us-gaap_NumberOfReportableSegments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xml:lang="en-US"> Number of Reportable Segments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeNotionalAmount" xlink:label="us-gaap_DerivativeNotionalAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeNotionalAmount" xlink:to="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xml:lang="en-US"> Derivative, Notional Amount </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IntrerestRateCapsNumber" xlink:label="gsl_IntrerestRateCapsNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IntrerestRateCapsNumber" xlink:to="gsl_IntrerestRateCapsNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_IntrerestRateCapsNumber_lbl" xml:lang="en-US"> Number of interest rate caps </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeCapInterestRate" xlink:label="us-gaap_DerivativeCapInterestRate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeCapInterestRate" xlink:to="us-gaap_DerivativeCapInterestRate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeCapInterestRate_lbl" xml:lang="en-US"> Derivative, Cap Interest Rate </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DerivativeMaturityDates1" xlink:label="gsl_DerivativeMaturityDates1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DerivativeMaturityDates1" xlink:to="gsl_DerivativeMaturityDates1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DerivativeMaturityDates1_lbl" xml:lang="en-US"> Derivative, Maturity Date </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_3_lbl" xml:lang="en-US"> Derivative, Gain (Loss) on Derivative, Net </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeDescriptionOfHedgedItem" xlink:label="us-gaap_DerivativeDescriptionOfHedgedItem"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeDescriptionOfHedgedItem" xlink:to="us-gaap_DerivativeDescriptionOfHedgedItem_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeDescriptionOfHedgedItem_lbl" xml:lang="en-US"> Derivative, Description of Hedged Item </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:to="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xml:lang="en-US"> Line of Credit Facility, Interest Rate Description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:to="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xml:lang="en-US"> Debt Instrument, Basis Spread on Variable Rate </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DerivativeAssets" xlink:label="us-gaap_DerivativeAssets"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssets" xlink:to="us-gaap_DerivativeAssets_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeAssets_lbl" xml:lang="en-US"> Derivative Asset </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_2_lbl" xml:lang="en-US"> Unrealized gain on the interest rate caps </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EscrowDeposit" xlink:label="us-gaap_EscrowDeposit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EscrowDeposit" xlink:to="us-gaap_EscrowDeposit_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EscrowDeposit_lbl" xml:lang="en-US"> Retention accounts </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashCurrent" xlink:label="us-gaap_RestrictedCashCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCashCurrent" xlink:to="us-gaap_RestrictedCashCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCashCurrent_lbl" xml:lang="en-US"> Restricted bank deposits/Drydock reserves </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CashCollateralReceivedInAdvanceFromCharterersCurrent" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CashCollateralReceivedInAdvanceFromCharterersCurrent" xlink:to="gsl_CashCollateralReceivedInAdvanceFromCharterersCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersCurrent_lbl" xml:lang="en-US"> Cash collateral </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_2_lbl" xml:lang="en-US"> Total Current Restricted Cash </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent" xlink:to="gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent_lbl" xml:lang="en-US"> Cash collateral </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCollateralForBorrowedSecurities" xlink:label="us-gaap_CashCollateralForBorrowedSecurities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCollateralForBorrowedSecurities" xlink:to="us-gaap_CashCollateralForBorrowedSecurities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCollateralForBorrowedSecurities_lbl" xml:lang="en-US"> Guarantee deposits </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashNoncurrent" xlink:label="us-gaap_RestrictedCashNoncurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCashNoncurrent" xlink:to="us-gaap_RestrictedCashNoncurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_RestrictedCashNoncurrent_lbl" xml:lang="en-US"> Restricted bank deposits/Drydock reserves </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CashInCustody" xlink:label="gsl_CashInCustody"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CashInCustody" xlink:to="gsl_CashInCustody_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CashInCustody_lbl" xml:lang="en-US"> Cash in custody </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RestrictedCashAndCashEquivalentsNoncurrent_2_lbl" xml:lang="en-US"> Total Non - Current Restricted Cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashAndInvestments" xlink:label="us-gaap_RestrictedCashAndInvestments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCashAndInvestments" xlink:to="us-gaap_RestrictedCashAndInvestments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RestrictedCashAndInvestments_lbl" xml:lang="en-US"> Total Current and Non - Current Restricted Cash </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:to="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US"> Property, Plant and Equipment [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentLineItems" xlink:to="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US"> Property, Plant and Equipment [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US"> Balance beginning of period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Balance beginning of period </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_3_lbl" xml:lang="en-US"> Balance beginning of period </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions_2_lbl" xml:lang="en-US"> Additions </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentDisposals" xlink:label="us-gaap_PropertyPlantAndEquipmentDisposals"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentDisposals" xlink:to="us-gaap_PropertyPlantAndEquipmentDisposals_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentDisposals_lbl" xml:lang="en-US"> Disposals </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1_lbl" xml:lang="en-US"> Disposals </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_2_lbl" xml:lang="en-US"> Balance ending of period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Depreciation" xlink:label="us-gaap_Depreciation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Depreciation" xlink:to="us-gaap_Depreciation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Depreciation_lbl" xml:lang="en-US"> Depreciation </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Depreciation" xlink:to="us-gaap_Depreciation_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_Depreciation_2_lbl" xml:lang="en-US"> Depreciation </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AssetImpairmentChargesGross" xlink:label="gsl_AssetImpairmentChargesGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AssetImpairmentChargesGross" xlink:to="gsl_AssetImpairmentChargesGross_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_AssetImpairmentChargesGross_lbl" xml:lang="en-US"> Impairment Loss </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AccumulatedDepreciationDepletionAndAmortizationImpairmentLossOfPropertyPlantAndEquipment" xlink:label="gsl_AccumulatedDepreciationDepletionAndAmortizationImpairmentLossOfPropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccumulatedDepreciationDepletionAndAmortizationImpairmentLossOfPropertyPlantAndEquipment" xlink:to="gsl_AccumulatedDepreciationDepletionAndAmortizationImpairmentLossOfPropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AccumulatedDepreciationDepletionAndAmortizationImpairmentLossOfPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Impairment loss </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TangibleAssetImpairmentCharges_3_lbl" xml:lang="en-US"> Impairment Loss </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2_lbl" xml:lang="en-US"> Balance ending of period </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_4_lbl" xml:lang="en-US"> Balance ending of period </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions_3_lbl" xml:lang="en-US"> Property, Plant and Equipment, Additions </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeliveryDate" xlink:to="gsl_DeliveryDate_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DeliveryDate_2_lbl" xml:lang="en-US"> Delivery Date </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CapitalizedExpensesUnpaid" xlink:label="gsl_CapitalizedExpensesUnpaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CapitalizedExpensesUnpaid" xlink:to="gsl_CapitalizedExpensesUnpaid_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CapitalizedExpensesUnpaid_lbl" xml:lang="en-US"> Unpaid capitalized expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:to="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Proceeds from Sale of Property, Plant, and Equipment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityCollateral" xlink:label="us-gaap_LineOfCreditFacilityCollateral"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityCollateral" xlink:to="us-gaap_LineOfCreditFacilityCollateral_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityCollateral_lbl" xml:lang="en-US"> Collateral description </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_IntangibleLiabilityCharterAgreementsNoncurrent_2_lbl" xml:lang="en-US"> Intangible Liabilities - Charter Agreements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges" xlink:label="us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges" xlink:to="us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges_lbl" xml:lang="en-US"> Net gain from vessel sale </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TangibleAssetImpairmentCharges_4_lbl" xml:lang="en-US"> Tangible Asset Impairment Charges </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentFairValueDisclosure_2_lbl" xml:lang="en-US"> Property, Plant, and Equipment, Fair Value Disclosure </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsPledgedAsCollateralUnderCreditFacilities" xlink:label="gsl_NumberOfVesselsPledgedAsCollateralUnderCreditFacilities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsPledgedAsCollateralUnderCreditFacilities" xlink:to="gsl_NumberOfVesselsPledgedAsCollateralUnderCreditFacilities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsPledgedAsCollateralUnderCreditFacilities_lbl" xml:lang="en-US"> Number of vessels pledged as collateral </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfUnencumberedVessels" xlink:label="gsl_NumberOfUnencumberedVessels"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfUnencumberedVessels" xlink:to="gsl_NumberOfUnencumberedVessels_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfUnencumberedVessels_lbl" xml:lang="en-US"> Number of unencumbered vessels </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VesselsImprovements" xlink:label="gsl_VesselsImprovements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselsImprovements" xlink:to="gsl_VesselsImprovements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_VesselsImprovements_lbl" xml:lang="en-US"> Ballast water treatments and other additions amount </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DisclosureDeferredChargesNetAbstract_2_lbl" xml:lang="en-US"> Deferred Charges Net Table </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCosts" xlink:to="us-gaap_DeferredCosts_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DeferredCosts_2_lbl" xml:lang="en-US"> Balance beginning of period </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeferredCostsAdditions" xlink:label="gsl_DeferredCostsAdditions"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredCostsAdditions" xlink:to="gsl_DeferredCostsAdditions_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeferredCostsAdditions_lbl" xml:lang="en-US"> Additions </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfDeferredCharges" xlink:label="us-gaap_AmortizationOfDeferredCharges"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfDeferredCharges" xlink:to="us-gaap_AmortizationOfDeferredCharges_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_AmortizationOfDeferredCharges_lbl" xml:lang="en-US"> Amortization </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DeferredCostsWriteOff" xlink:label="gsl_DeferredCostsWriteOff"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredCostsWriteOff" xlink:to="gsl_DeferredCostsWriteOff_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_DeferredCostsWriteOff_lbl" xml:lang="en-US"> Write - off </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCosts" xlink:to="us-gaap_DeferredCosts_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DeferredCosts_3_lbl" xml:lang="en-US"> Balance ending of period </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_PeriodBetweenScheduledDrydockings_2_lbl" xml:lang="en-US"> Period between scheduled regulatory drydockings </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeNextRollingTwelveMonths" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextRollingTwelveMonths"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BelowMarketLeaseAmortizationIncomeNextRollingTwelveMonths" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeNextRollingTwelveMonths_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextRollingTwelveMonths_lbl" xml:lang="en-US"> December 31, 2024 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeRollingYearTwo" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeRollingYearTwo"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BelowMarketLeaseAmortizationIncomeRollingYearTwo" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeRollingYearTwo_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeRollingYearTwo_lbl" xml:lang="en-US"> December 31, 2025 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="us-gaap_BelowMarketLeaseNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BelowMarketLeaseNet" xlink:to="us-gaap_BelowMarketLeaseNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xml:lang="en-US"> Total </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="gsl_IntangibleLiabilityCharterAgreementsNoncurrent_3_lbl" xml:lang="en-US"> Opening balance </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DisposalsOfBelowMarketLeases" xlink:label="gsl_DisposalsOfBelowMarketLeases"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DisposalsOfBelowMarketLeases" xlink:to="gsl_DisposalsOfBelowMarketLeases_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_DisposalsOfBelowMarketLeases_lbl" xml:lang="en-US"> Disposals </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmortizationOfBelowMarketLeases" xlink:label="gsl_AmortizationOfBelowMarketLeases"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmortizationOfBelowMarketLeases" xlink:to="gsl_AmortizationOfBelowMarketLeases_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="gsl_AmortizationOfBelowMarketLeases_lbl" xml:lang="en-US"> Amortization </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="gsl_IntangibleLiabilityCharterAgreementsNoncurrent_4_lbl" xml:lang="en-US"> Total </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_AmortizationOfAboveAndBelowMarketLeases1_2_lbl" xml:lang="en-US"> Amortization income of intangible liabilities-charter agreements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:to="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xml:lang="en-US"> Weighted average useful lives </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InsuranceSettlementsReceivableCurrent" xlink:label="us-gaap_InsuranceSettlementsReceivableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InsuranceSettlementsReceivableCurrent" xlink:to="us-gaap_InsuranceSettlementsReceivableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InsuranceSettlementsReceivableCurrent_lbl" xml:lang="en-US"> Insurance and other claims </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Supplies" xlink:label="us-gaap_Supplies"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Supplies" xlink:to="us-gaap_Supplies_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Supplies_lbl" xml:lang="en-US"> Advances to suppliers and other assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PrepaidInsurance" xlink:label="us-gaap_PrepaidInsurance"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidInsurance" xlink:to="us-gaap_PrepaidInsurance_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PrepaidInsurance_lbl" xml:lang="en-US"> Prepaid insurances </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsCurrent" xlink:label="us-gaap_OtherAssetsCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsCurrent" xlink:to="us-gaap_OtherAssetsCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsCurrent_lbl" xml:lang="en-US"> Other </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PrepaidExpenseAndOtherAssetsCurrent_3_lbl" xml:lang="en-US"> Total </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ClassesOfInventoriesAbstract_2_lbl" xml:lang="en-US"> Inventories Table </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_BunkerInventoryCurrent" xlink:label="gsl_BunkerInventoryCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_BunkerInventoryCurrent" xlink:to="gsl_BunkerInventoryCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_BunkerInventoryCurrent_lbl" xml:lang="en-US"> Bunkers </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LubricantsInventoryCurrent" xlink:label="gsl_LubricantsInventoryCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LubricantsInventoryCurrent" xlink:to="gsl_LubricantsInventoryCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LubricantsInventoryCurrent_lbl" xml:lang="en-US"> Lubricants </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_StoresInventoryCurrent" xlink:label="gsl_StoresInventoryCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StoresInventoryCurrent" xlink:to="gsl_StoresInventoryCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_StoresInventoryCurrent_lbl" xml:lang="en-US"> Stores </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VictuallingInventoryCurrent" xlink:label="gsl_VictuallingInventoryCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VictuallingInventoryCurrent" xlink:to="gsl_VictuallingInventoryCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_VictuallingInventoryCurrent_lbl" xml:lang="en-US"> Victualling </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNet" xlink:to="us-gaap_InventoryNet_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InventoryNet_2_lbl" xml:lang="en-US"> Total </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssets" xlink:to="us-gaap_DerivativeAssets_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DerivativeAssets_2_lbl" xml:lang="en-US"> Opening balance </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PayablePremiumAmount" xlink:label="gsl_PayablePremiumAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PayablePremiumAmount" xlink:to="gsl_PayablePremiumAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PayablePremiumAmount_lbl" xml:lang="en-US"> Derivative asset premium </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_2_lbl" xml:lang="en-US"> Unrealized gain on derivative assets </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssets" xlink:to="us-gaap_DerivativeAssets_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DerivativeAssets_3_lbl" xml:lang="en-US"> Closing balance </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsCurrent" xlink:to="us-gaap_DerivativeAssetsCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeAssetsCurrent_2_lbl" xml:lang="en-US"> Less: Current portion of derivative assets </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeAssetsNoncurrent_2_lbl" xml:lang="en-US"> Non-current portion of derivative assets </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:to="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl" xml:lang="en-US"> Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:to="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xml:lang="en-US"> Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PayablePremiumAmount" xlink:to="gsl_PayablePremiumAmount_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_PayablePremiumAmount_2_lbl" xml:lang="en-US"> Payable amount premium </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_2_lbl" xml:lang="en-US"> Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2" xlink:to="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2_lbl" xml:lang="en-US"> Unrealized gain on the interest rate caps </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AccountsPayableToSuppliersAndRepairersCurrent" xlink:label="gsl_AccountsPayableToSuppliersAndRepairersCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccountsPayableToSuppliersAndRepairersCurrent" xlink:to="gsl_AccountsPayableToSuppliersAndRepairersCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AccountsPayableToSuppliersAndRepairersCurrent_lbl" xml:lang="en-US"> Suppliers, repairers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_PayablesToBrokerDealersAndClearingOrganizations" xlink:label="srt_PayablesToBrokerDealersAndClearingOrganizations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_PayablesToBrokerDealersAndClearingOrganizations" xlink:to="srt_PayablesToBrokerDealersAndClearingOrganizations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_PayablesToBrokerDealersAndClearingOrganizations_lbl" xml:lang="en-US"> Insurers, agents and brokers </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AccountsPayableToCharterers" xlink:label="gsl_AccountsPayableToCharterers"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccountsPayableToCharterers" xlink:to="gsl_AccountsPayableToCharterers_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AccountsPayableToCharterers_lbl" xml:lang="en-US"> Payables to charterers </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableOtherCurrent" xlink:label="us-gaap_AccountsPayableOtherCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableOtherCurrent" xlink:to="us-gaap_AccountsPayableOtherCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableOtherCurrent_lbl" xml:lang="en-US"> Other creditors </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrent" xlink:to="us-gaap_AccountsPayableCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AccountsPayableCurrent_2_lbl" xml:lang="en-US"> Total </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DisclosureAccruedLiabilitiesAbstract_2_lbl" xml:lang="en-US"> Accrued Liabilities Table </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AccruedExpenses" xlink:label="gsl_AccruedExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccruedExpenses" xlink:to="gsl_AccruedExpenses_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AccruedExpenses_lbl" xml:lang="en-US"> Accrued expenses </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestPayableCurrent" xlink:label="us-gaap_InterestPayableCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPayableCurrent" xlink:to="us-gaap_InterestPayableCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPayableCurrent_lbl" xml:lang="en-US"> Accrued interest </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AccruedLiabilitiesCurrent_2_lbl" xml:lang="en-US"> Total </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="us-gaap_LineOfCreditFacilityTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityTable" xlink:to="us-gaap_LineOfCreditFacilityTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityTable_lbl" xml:lang="en-US"> Line of Credit Facility [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="us-gaap_LineOfCreditFacilityLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityLineItems" xlink:to="us-gaap_LineOfCreditFacilityLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityLineItems_lbl" xml:lang="en-US"> Line of Credit Facility [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCarryingAmount" xlink:to="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xml:lang="en-US"> Long-Term Debt, Gross </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SeniorNotes" xlink:label="us-gaap_SeniorNotes"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeniorNotes" xlink:to="us-gaap_SeniorNotes_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SeniorNotes_lbl" xml:lang="en-US"> Senior Notes </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebt_lbl" xml:lang="en-US"> Long-Term Debt </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiability" xlink:label="us-gaap_FinanceLeaseLiability"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiability" xlink:to="us-gaap_FinanceLeaseLiability_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiability_lbl" xml:lang="en-US"> Outstanding amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleLeasebackTransactionNetBookValue" xlink:label="us-gaap_SaleLeasebackTransactionNetBookValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleLeasebackTransactionNetBookValue" xlink:to="us-gaap_SaleLeasebackTransactionNetBookValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleLeasebackTransactionNetBookValue_lbl" xml:lang="en-US"> Total Sale and Leaseback Agreements </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities" xlink:to="us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_lbl" xml:lang="en-US"> Total borrowings </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtCurrent" xlink:to="us-gaap_LongTermDebtCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_LongTermDebtCurrent_2_lbl" xml:lang="en-US"> Less: Current portion of long-term debt </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityCurrent" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityCurrent" xlink:to="us-gaap_FinanceLeaseLiabilityCurrent_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent_lbl" xml:lang="en-US"> Less: Current portion of Sale and Leaseback Agreements (k,l,m) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFinanceCostsNet" xlink:to="us-gaap_DeferredFinanceCostsNet_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xml:lang="en-US"> Less: Deferred financing costs (t) </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligations" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAndCapitalLeaseObligations" xlink:to="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl" xml:lang="en-US"> Non-current portion of Long-Term Debt </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromLinesOfCredit_2_lbl" xml:lang="en-US"> Proceeds from Lines of Credit </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CreditFacilityDescriptionOfScope" xlink:label="gsl_CreditFacilityDescriptionOfScope"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CreditFacilityDescriptionOfScope" xlink:to="gsl_CreditFacilityDescriptionOfScope_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CreditFacilityDescriptionOfScope_lbl" xml:lang="en-US"> Description of Scope </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfTranches" xlink:label="gsl_NumberOfTranches"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfTranches" xlink:to="gsl_NumberOfTranches_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfTranches_lbl" xml:lang="en-US"> Number of tranches </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LineOfCreditFacilityExpirationDate" xlink:label="gsl_LineOfCreditFacilityExpirationDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LineOfCreditFacilityExpirationDate" xlink:to="gsl_LineOfCreditFacilityExpirationDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LineOfCreditFacilityExpirationDate_lbl" xml:lang="en-US"> Maturity date </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LineOfCreditFacilityNumberOfRepaymentInstalment" xlink:label="gsl_LineOfCreditFacilityNumberOfRepaymentInstalment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LineOfCreditFacilityNumberOfRepaymentInstalment" xlink:to="gsl_LineOfCreditFacilityNumberOfRepaymentInstalment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LineOfCreditFacilityNumberOfRepaymentInstalment_lbl" xml:lang="en-US"> Repayment installments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityFrequencyOfPayments" xlink:label="us-gaap_LineOfCreditFacilityFrequencyOfPayments"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityFrequencyOfPayments" xlink:to="us-gaap_LineOfCreditFacilityFrequencyOfPayments_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityFrequencyOfPayments_lbl" xml:lang="en-US"> Line of Credit Facility, Frequency of Payments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityPeriodicPayment" xlink:label="us-gaap_LineOfCreditFacilityPeriodicPayment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityPeriodicPayment" xlink:to="us-gaap_LineOfCreditFacilityPeriodicPayment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityPeriodicPayment_lbl" xml:lang="en-US"> Line of Credit Facility, Periodic Payment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:to="us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_lbl" xml:lang="en-US"> Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_2_lbl" xml:lang="en-US"> Loan margin percentage </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentCarryingAmount_2_lbl" xml:lang="en-US"> Outstanding amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentIssuanceDate1" xlink:label="us-gaap_DebtInstrumentIssuanceDate1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentIssuanceDate1" xlink:to="us-gaap_DebtInstrumentIssuanceDate1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentIssuanceDate1_lbl" xml:lang="en-US"> Debt Instrument, Issuance Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="us-gaap_DebtInstrumentRepurchasedFaceAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:to="us-gaap_DebtInstrumentRepurchasedFaceAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentRepurchasedFaceAmount_lbl" xml:lang="en-US"> Debt Instrument, Repurchased Face Amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:to="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xml:lang="en-US"> Debt Instrument, Description of Variable Rate Basis </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentCollateral" xlink:label="us-gaap_DebtInstrumentCollateral"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCollateral" xlink:to="us-gaap_DebtInstrumentCollateral_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCollateral_lbl" xml:lang="en-US"> Number of vessels collateral </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LineOfCreditFacilityInitiationDate3" xlink:label="gsl_LineOfCreditFacilityInitiationDate3"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LineOfCreditFacilityInitiationDate3" xlink:to="gsl_LineOfCreditFacilityInitiationDate3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LineOfCreditFacilityInitiationDate3_lbl" xml:lang="en-US"> Issuance date of debt instrument </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfDebt" xlink:to="us-gaap_RepaymentsOfDebt_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfDebt_2_lbl" xml:lang="en-US"> Repayments of Debt </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FeesOnRepaymentsOfDebt" xlink:label="gsl_FeesOnRepaymentsOfDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FeesOnRepaymentsOfDebt" xlink:to="gsl_FeesOnRepaymentsOfDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FeesOnRepaymentsOfDebt_lbl" xml:lang="en-US"> Fees on repayments of debt </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_2_lbl" xml:lang="en-US"> Balloon payment to be paid </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xml:lang="en-US"> Line of Credit Facility, Maximum Borrowing Capacity </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberLoanTranches" xlink:label="gsl_NumberLoanTranches"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberLoanTranches" xlink:to="gsl_NumberLoanTranches_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberLoanTranches_lbl" xml:lang="en-US"> Number of loan tranches </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleLeasebackTransactionTable" xlink:label="us-gaap_SaleLeasebackTransactionTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleLeasebackTransactionTable" xlink:to="us-gaap_SaleLeasebackTransactionTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleLeasebackTransactionTable_lbl" xml:lang="en-US"> Sale Leaseback Transaction [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleLeasebackTransactionLineItems" xlink:label="us-gaap_SaleLeasebackTransactionLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleLeasebackTransactionLineItems" xlink:to="us-gaap_SaleLeasebackTransactionLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleLeasebackTransactionLineItems_lbl" xml:lang="en-US"> Sale Leaseback Transaction [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SaleLeasebackTransactionDate" xlink:label="us-gaap_SaleLeasebackTransactionDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SaleLeasebackTransactionDate" xlink:to="us-gaap_SaleLeasebackTransactionDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SaleLeasebackTransactionDate_lbl" xml:lang="en-US"> Sale Leaseback Transaction, Date </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfSaleAndLeasebackAgreements" xlink:label="gsl_NumberOfSaleAndLeasebackAgreements"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfSaleAndLeasebackAgreements" xlink:to="gsl_NumberOfSaleAndLeasebackAgreements_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfSaleAndLeasebackAgreements_lbl" xml:lang="en-US"> Number of sale and leaseback agreements </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiability" xlink:to="us-gaap_FinanceLeaseLiability_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiability_2_lbl" xml:lang="en-US"> Outstanding balance </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfRepaymentInstallment" xlink:label="gsl_NumberOfRepaymentInstallment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfRepaymentInstallment" xlink:to="gsl_NumberOfRepaymentInstallment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfRepaymentInstallment_lbl" xml:lang="en-US"> Line of Credit Facility, Number of Repayment Installments </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionQuarterlyRentalPayments1" xlink:label="gsl_SaleLeasebackTransactionQuarterlyRentalPayments1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionQuarterlyRentalPayments1" xlink:to="gsl_SaleLeasebackTransactionQuarterlyRentalPayments1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransactionQuarterlyRentalPayments1_lbl" xml:lang="en-US"> Sale Leaseback Transaction, Quarterly Rental Payments </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PurchaseObligation" xlink:label="us-gaap_PurchaseObligation"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PurchaseObligation" xlink:to="us-gaap_PurchaseObligation_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PurchaseObligation_lbl" xml:lang="en-US"> Purchase Obligation </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiabilityMaturityDates" xlink:label="gsl_FinanceLeaseLiabilityMaturityDates"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiabilityMaturityDates" xlink:to="gsl_FinanceLeaseLiabilityMaturityDates_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_FinanceLeaseLiabilityMaturityDates_lbl" xml:lang="en-US"> Finance Lease Liability Maturity Date </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AdvanceHire" xlink:label="gsl_AdvanceHire"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AdvanceHire" xlink:to="gsl_AdvanceHire_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AdvanceHire_lbl" xml:lang="en-US"> Advance hire </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionNetProceedsFinancingActivitiesI" xlink:label="gsl_SaleLeasebackTransactionNetProceedsFinancingActivitiesI"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionNetProceedsFinancingActivitiesI" xlink:to="gsl_SaleLeasebackTransactionNetProceedsFinancingActivitiesI_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_SaleLeasebackTransactionNetProceedsFinancingActivitiesI_lbl" xml:lang="en-US"> Sale Leaseback Transaction, Net Proceeds, Financing Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LineOfCreditFacilityCollateral_2_lbl" xml:lang="en-US"> Line of Credit Facility, Collateral </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US"> Debt Instrument, Face Amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="us-gaap_DebtInstrumentMaturityDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentMaturityDate" xlink:to="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xml:lang="en-US"> Debt Instrument, Maturity Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentDateOfFirstRequiredPayment1" xlink:label="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1" xlink:to="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1_lbl" xml:lang="en-US"> Debt Instrument, Date of First Required Payment </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:to="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl" xml:lang="en-US"> Debt Instrument, Redemption Price, Percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock" xlink:label="us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock" xlink:to="us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock_lbl" xml:lang="en-US"> Net proceeds from issuance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="us-gaap_NotesPayableFairValueDisclosure"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesPayableFairValueDisclosure" xlink:to="us-gaap_NotesPayableFairValueDisclosure_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NotesPayableFairValueDisclosure_lbl" xml:lang="en-US"> Notes Payable, Fair Value Disclosure </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainLossOnRepurchaseOfDebtInstrument" xlink:label="us-gaap_GainLossOnRepurchaseOfDebtInstrument"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnRepurchaseOfDebtInstrument" xlink:to="us-gaap_GainLossOnRepurchaseOfDebtInstrument_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnRepurchaseOfDebtInstrument_lbl" xml:lang="en-US"> Loss of partial redemption amount </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths_lbl" xml:lang="en-US"> December 31, 2024 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_lbl" xml:lang="en-US"> December 31, 2025 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree_lbl" xml:lang="en-US"> December 31, 2026 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour_lbl" xml:lang="en-US"> December 31, 2027 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive_lbl" xml:lang="en-US"> December 31, 2028 </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LongTermDebt_2_lbl" xml:lang="en-US"> Total </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFinanceCostsNet" xlink:to="us-gaap_DeferredFinanceCostsNet_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DeferredFinanceCostsNet_2_lbl" xml:lang="en-US"> Opening balance </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AdditionalDeferredFinancingCosts" xlink:label="gsl_AdditionalDeferredFinancingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AdditionalDeferredFinancingCosts" xlink:to="gsl_AdditionalDeferredFinancingCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AdditionalDeferredFinancingCosts_lbl" xml:lang="en-US"> Expenditure in the period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="us-gaap_AmortizationOfFinancingCostsAndDiscounts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:to="us-gaap_AmortizationOfFinancingCostsAndDiscounts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfFinancingCostsAndDiscounts_lbl" xml:lang="en-US"> Amortization included within interest expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DeferredFinanceCostsNet_3_lbl" xml:lang="en-US"> Closing balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityExpirationDate1" xlink:to="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xml:lang="en-US"> Line of Credit Facility, Expiration Date </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LineOfCreditFacilityInitiationDate2" xlink:label="gsl_LineOfCreditFacilityInitiationDate2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LineOfCreditFacilityInitiationDate2" xlink:to="gsl_LineOfCreditFacilityInitiationDate2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_LineOfCreditFacilityInitiationDate2_lbl" xml:lang="en-US"> Issuance date of debt instrument </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PrepaymentDate" xlink:label="gsl_PrepaymentDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PrepaymentDate" xlink:to="gsl_PrepaymentDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PrepaymentDate_lbl" xml:lang="en-US"> Prepayment date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOfSecuredDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfSecuredDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfSecuredDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfSecuredDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfSecuredDebt_lbl" xml:lang="en-US"> Proceeds from Issuance of Secured Debt </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentFrequencyOfPeriodicPayment" xlink:label="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment" xlink:to="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment_lbl" xml:lang="en-US"> Debt Instrument, Frequency of Periodic Payment </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsOwned" xlink:to="gsl_NumberOfVesselsOwned_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_NumberOfVesselsOwned_2_lbl" xml:lang="en-US"> Number of vessels secured to notes </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsSecuredToNotes" xlink:label="gsl_NumberOfVesselsSecuredToNotes"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsSecuredToNotes" xlink:to="gsl_NumberOfVesselsSecuredToNotes_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_NumberOfVesselsSecuredToNotes_lbl" xml:lang="en-US"> Number of vessels owned </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="us-gaap_DebtInstrumentRepurchaseAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentRepurchaseAmount" xlink:to="us-gaap_DebtInstrumentRepurchaseAmount_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentRepurchaseAmount_lbl" xml:lang="en-US"> Debt Instrument, Repurchase Amount </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DebtInstrumentRepurchasePricePercentage" xlink:label="gsl_DebtInstrumentRepurchasePricePercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DebtInstrumentRepurchasePricePercentage" xlink:to="gsl_DebtInstrumentRepurchasePricePercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DebtInstrumentRepurchasePricePercentage_lbl" xml:lang="en-US"> Debt Instrument, Repurchase Price Percentage </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="us-gaap_GainsLossesOnExtinguishmentOfDebt"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="us-gaap_GainsLossesOnExtinguishmentOfDebt_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainsLossesOnExtinguishmentOfDebt_lbl" xml:lang="en-US"> Gain (Loss) on Extinguishment of Debt </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_AdditionalDeferredFinancingCosts_2_lbl" xml:lang="en-US"> Fees and related costs deferred </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AmortizationOfFinancingCosts_2_lbl" xml:lang="en-US"> Amortization of Debt Issuance Costs </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentCovenantDescription" xlink:label="us-gaap_DebtInstrumentCovenantDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCovenantDescription" xlink:to="us-gaap_DebtInstrumentCovenantDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCovenantDescription_lbl" xml:lang="en-US"> Debt Instrument, Covenant Description </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentCovenantCompliance" xlink:label="us-gaap_DebtInstrumentCovenantCompliance"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCovenantCompliance" xlink:to="us-gaap_DebtInstrumentCovenantCompliance_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCovenantCompliance_lbl" xml:lang="en-US"> Debt Instrument, Covenant Compliance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xml:lang="en-US"> Schedule of Defined Benefit Plans Disclosures [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:to="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xml:lang="en-US"> Defined Benefit Plan Disclosure [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="us-gaap_ConcentrationRiskPercentage1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskPercentage1" xlink:to="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xml:lang="en-US"> Percentage of revenue </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xml:lang="en-US"> Schedule of Related Party Transactions, by Related Party [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionLineItems" xlink:to="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xml:lang="en-US"> Related Party Transaction [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_VariableInterestEntityOwnershipPercentage" xlink:label="us-gaap_VariableInterestEntityOwnershipPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityOwnershipPercentage" xlink:to="us-gaap_VariableInterestEntityOwnershipPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_VariableInterestEntityOwnershipPercentage_lbl" xml:lang="en-US"> Voting Interest </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ConcentrationRiskPercentage" xlink:label="gsl_ConcentrationRiskPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ConcentrationRiskPercentage" xlink:to="gsl_ConcentrationRiskPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_ConcentrationRiskPercentage_lbl" xml:lang="en-US"> Percentage of revenue </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfVesselsUnderTechnicalManagement" xlink:label="gsl_NumberOfVesselsUnderTechnicalManagement"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsUnderTechnicalManagement" xlink:to="gsl_NumberOfVesselsUnderTechnicalManagement_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsUnderTechnicalManagement_lbl" xml:lang="en-US"> Number of ships under technical management </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProfessionalAndContractServicesExpense" xlink:label="us-gaap_ProfessionalAndContractServicesExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfessionalAndContractServicesExpense" xlink:to="us-gaap_ProfessionalAndContractServicesExpense_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProfessionalAndContractServicesExpense_lbl" xml:lang="en-US"> Management fees </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherReceivablesNetCurrent_2_lbl" xml:lang="en-US"> Other Receivables, Net, Current </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DirectOperatingCosts" xlink:label="us-gaap_DirectOperatingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DirectOperatingCosts" xlink:to="us-gaap_DirectOperatingCosts_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DirectOperatingCosts_lbl" xml:lang="en-US"> Time charter and voyage expenses-related parties </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesCurrent" xlink:to="us-gaap_OtherLiabilitiesCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherLiabilitiesCurrent_2_lbl" xml:lang="en-US"> Other Liabilities, Current </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_BrokerFeeCommissionPercentage" xlink:label="gsl_BrokerFeeCommissionPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_BrokerFeeCommissionPercentage" xlink:to="gsl_BrokerFeeCommissionPercentage_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_BrokerFeeCommissionPercentage_lbl" xml:lang="en-US"> Broker fee commission percentage </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_DisclosureOfContingentLiabilitiesAbstract_2_lbl" xml:lang="en-US"> Commitments And Contingencies - Charter Hire Receivable Table </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xml:lang="en-US"> December 31, 2024 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xml:lang="en-US"> December 31, 2025 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xml:lang="en-US"> December 31, 2026 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_lbl" xml:lang="en-US"> December 31, 2027 </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueAfterYearFive_lbl" xml:lang="en-US"> Thereafter </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FinanceLeaseLiabilityPaymentsDue" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinanceLeaseLiabilityPaymentsDue" xlink:to="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xml:lang="en-US"> Total minimum lease revenue, net of address commissions </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsOwned" xlink:to="gsl_NumberOfVesselsOwned_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="gsl_NumberOfVesselsOwned_3_lbl" xml:lang="en-US"> Number of Vessels owned </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="us-gaap_ScheduleOfStockByClassTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfStockByClassTable" xlink:to="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xml:lang="en-US"> Schedule of Stock by Class [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfClassesOfCommonStock" xlink:label="gsl_NumberOfClassesOfCommonStock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfClassesOfCommonStock" xlink:to="gsl_NumberOfClassesOfCommonStock_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfClassesOfCommonStock_lbl" xml:lang="en-US"> Classes of common shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_2_lbl" xml:lang="en-US"> Stock issued during the period </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DividendsPayableAmountPerShare" xlink:label="us-gaap_DividendsPayableAmountPerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsPayableAmountPerShare" xlink:to="us-gaap_DividendsPayableAmountPerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendsPayableAmountPerShare_lbl" xml:lang="en-US"> Dividends Payable amount per Share </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="gsl_ConvertibleSecuritiesConvertedShares_3_lbl" xml:lang="en-US"> Preferred Stock, Shares Outstanding </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_2_lbl" xml:lang="en-US"> Conversion of Stock, Shares Issued </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="us-gaap_SharesIssuedPricePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssuedPricePerShare" xlink:to="us-gaap_SharesIssuedPricePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xml:lang="en-US"> Shares Issued, Price Per Share | $ / shares </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:label="us-gaap_ProceedsFromIssuanceOrSaleOfEquity"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOrSaleOfEquity" xlink:to="us-gaap_ProceedsFromIssuanceOrSaleOfEquity_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOrSaleOfEquity_lbl" xml:lang="en-US"> Proceeds from Issuance or Sale of Equity | $ </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_2_lbl" xml:lang="en-US"> Common shares, repurchased </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesOutstanding" xlink:to="us-gaap_SharesOutstanding_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesOutstanding_3_lbl" xml:lang="en-US"> Common Stock, Shares, Outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfSharesSold" xlink:label="gsl_NumberOfSharesSold"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfSharesSold" xlink:to="gsl_NumberOfSharesSold_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfSharesSold_lbl" xml:lang="en-US"> Number of shares sold </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DividendPayableDateToBePaidDayMonthAndYear" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendPayableDateToBePaidDayMonthAndYear" xlink:to="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xml:lang="en-US"> Dividends Payable, Date to be Paid </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DividendsPayableDateOfRecordDayMonthAndYear" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear" xlink:to="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xml:lang="en-US"> Dividends Payable, Date of Record </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Dividends" xlink:label="us-gaap_Dividends"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Dividends" xlink:to="us-gaap_Dividends_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Dividends_lbl" xml:lang="en-US"> Dividends </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PreferredStockIssueDescription" xlink:label="gsl_PreferredStockIssueDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PreferredStockIssueDescription" xlink:to="gsl_PreferredStockIssueDescription_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PreferredStockIssueDescription_lbl" xml:lang="en-US"> Preferred shares issuance term description </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PreferredStockRedemptionPricePerDepositoryShare" xlink:label="gsl_PreferredStockRedemptionPricePerDepositoryShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PreferredStockRedemptionPricePerDepositoryShare" xlink:to="gsl_PreferredStockRedemptionPricePerDepositoryShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PreferredStockRedemptionPricePerDepositoryShare_lbl" xml:lang="en-US"> Redemption price per depositary share </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock_2_lbl" xml:lang="en-US"> Proceeds from Issuance of Redeemable Preferred Stock | $ </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockRedemptionTerms" xlink:label="us-gaap_PreferredStockRedemptionTerms"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockRedemptionTerms" xlink:to="us-gaap_PreferredStockRedemptionTerms_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockRedemptionTerms_lbl" xml:lang="en-US"> Preferred Stock, Redemption Terms </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PreferredStockRedemptionPricePerShare" xlink:label="us-gaap_PreferredStockRedemptionPricePerShare"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockRedemptionPricePerShare" xlink:to="us-gaap_PreferredStockRedemptionPricePerShare_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockRedemptionPricePerShare_lbl" xml:lang="en-US"> Preferred Stock, Redemption Price Per Share </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SharesIssued" xlink:label="us-gaap_SharesIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssued" xlink:to="us-gaap_SharesIssued_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesIssued_lbl" xml:lang="en-US"> Shares Issued </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PreferredStockSharesOutstanding_2_lbl" xml:lang="en-US"> Preferred Stock, Shares Outstanding </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_2_lbl" xml:lang="en-US"> Stock Issued During Period, Value, New Issues </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_StockIssuedDuringPeriodOfferingCost" xlink:label="gsl_StockIssuedDuringPeriodOfferingCost"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StockIssuedDuringPeriodOfferingCost" xlink:to="gsl_StockIssuedDuringPeriodOfferingCost_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_StockIssuedDuringPeriodOfferingCost_lbl" xml:lang="en-US"> Stock Offering Cost </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DepositarySharesOutstanding" xlink:label="gsl_DepositarySharesOutstanding"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DepositarySharesOutstanding" xlink:to="gsl_DepositarySharesOutstanding_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DepositarySharesOutstanding_lbl" xml:lang="en-US"> Desositary shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xml:lang="en-US"> Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xml:lang="en-US"> Unvested, Number of Units, opening balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US"> Unvested, Weighted Average Fair Value on Grant Date, opening balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xml:lang="en-US"> Vested , Number of Units </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US"> Vested, Actual Fair Value on Vesting Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_lbl" xml:lang="en-US"> Forfeit, Number of units </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_2_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_2_lbl" xml:lang="en-US"> Unvested, Weighted Average Fair Value on Grant Date, closing balance </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xml:lang="en-US"> Maximum number of shares approved under Equity Incentive Plan </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingStockPrice" xlink:label="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingStockPrice"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingStockPrice" xlink:to="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingStockPrice_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingStockPrice_lbl" xml:lang="en-US"> Share price </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NumberOfConsecutiveTradingDays" xlink:label="gsl_NumberOfConsecutiveTradingDays"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfConsecutiveTradingDays" xlink:to="gsl_NumberOfConsecutiveTradingDays_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfConsecutiveTradingDays_lbl" xml:lang="en-US"> Number of consecutive trading days </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DebtInstrumentConvertibleConversionDate1" xlink:label="gsl_DebtInstrumentConvertibleConversionDate1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DebtInstrumentConvertibleConversionDate1" xlink:to="gsl_DebtInstrumentConvertibleConversionDate1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DebtInstrumentConvertibleConversionDate1_lbl" xml:lang="en-US"> Stock Price Threshold Date </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_2_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CommencedDate" xlink:label="gsl_CommencedDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CommencedDate" xlink:to="gsl_CommencedDate_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CommencedDate_lbl" xml:lang="en-US"> Commenced date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtInstrumentConvertibleLatestDate1" xlink:label="us-gaap_DebtInstrumentConvertibleLatestDate1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentConvertibleLatestDate1" xlink:to="us-gaap_DebtInstrumentConvertibleLatestDate1_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentConvertibleLatestDate1_lbl" xml:lang="en-US"> Debt Instrument, Convertible, Latest Date </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Forfeitures </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:to="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested, Number </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensation_2_lbl" xml:lang="en-US"> Share-based Payment Arrangement, Noncash Expense </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareReconciliationAbstract" xlink:label="us-gaap_EarningsPerShareReconciliationAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareReconciliationAbstract" xlink:to="us-gaap_EarningsPerShareReconciliationAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareReconciliationAbstract_lbl" xml:lang="en-US"> Numerator: </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract" xlink:to="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xml:lang="en-US"> Net income available to common shareholders: </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted" xlink:label="gsl_NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted" xlink:to="gsl_NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted_lbl" xml:lang="en-US"> Class A, basic and diluted </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_lbl" xml:lang="en-US"> Denominator: </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_WeightedAverageNumberOfSharesOutstandingBasicExcludingRestrictedStockUnitsWithoutServiceConditions" xlink:label="gsl_WeightedAverageNumberOfSharesOutstandingBasicExcludingRestrictedStockUnitsWithoutServiceConditions"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_WeightedAverageNumberOfSharesOutstandingBasicExcludingRestrictedStockUnitsWithoutServiceConditions" xlink:to="gsl_WeightedAverageNumberOfSharesOutstandingBasicExcludingRestrictedStockUnitsWithoutServiceConditions_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_WeightedAverageNumberOfSharesOutstandingBasicExcludingRestrictedStockUnitsWithoutServiceConditions_lbl" xml:lang="en-US"> Basic weighted average number of common shares outstanding </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_WeightedAverageNumberOfRestrictedStockUnitsWithServiceConditions" xlink:label="gsl_WeightedAverageNumberOfRestrictedStockUnitsWithServiceConditions"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_WeightedAverageNumberOfRestrictedStockUnitsWithServiceConditions" xlink:to="gsl_WeightedAverageNumberOfRestrictedStockUnitsWithServiceConditions_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_WeightedAverageNumberOfRestrictedStockUnitsWithServiceConditions_lbl" xml:lang="en-US"> Plus weighted average number of RSUs with service conditions </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_2_lbl" xml:lang="en-US"> Common share and common share equivalents, dilutive </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="us-gaap_EarningsPerShareBasicAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAbstract" xlink:to="us-gaap_EarningsPerShareBasicAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAbstract_lbl" xml:lang="en-US"> Basic earnings per share: </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_2_lbl" xml:lang="en-US"> Earnings Per Share, Basic </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="us-gaap_EarningsPerShareDilutedAbstract"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDilutedAbstract" xlink:to="us-gaap_EarningsPerShareDilutedAbstract_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDilutedAbstract_lbl" xml:lang="en-US"> Diluted earnings per share: </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_2_lbl" xml:lang="en-US"> Earnings Per Share, Diluted </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3_lbl" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTable" xlink:to="us-gaap_SubsequentEventTable_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTable_lbl" xml:lang="en-US"> Subsequent Event [Table] </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventLineItems" xlink:to="us-gaap_SubsequentEventLineItems_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xml:lang="en-US"> Subsequent Event [Line Items] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_2_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_3_lbl" xml:lang="en-US"> Shares repurchased </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodValue" xlink:to="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xml:lang="en-US"> Stock Repurchased During Period, Value </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DividendsPayableAmountPerShare_2_lbl" xml:lang="en-US"> Dividends Payable, Amount Per Share </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PreferredStockIssuedDuringPeriodValueNewIssues_doc" xml:lang="en-US"> Equity impact of the value of new preferred stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredChargesTextBlock" xlink:to="gsl_DeferredChargesTextBlock_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DeferredChargesTextBlock_doc" xml:lang="en-US"> The entire disclosure for deferred charges. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IntangibleLiabilityCharterAgreementsTextBlock_doc" xml:lang="en-US"> Disclosure on Intangible Liabilities relating to Charter Agreements. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_InsurancePolicyTextBlock" xlink:to="gsl_InsurancePolicyTextBlock_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_InsurancePolicyTextBlock_doc" xml:lang="en-US"> Disclosure of accounting policy for recognizing and recording insurance claims recoveries. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PreferredSharesPolicyTextBlock_doc" xml:lang="en-US"> Disclosure of accounting policy for preferred shares. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DividendsPolicyTextBlock" xlink:to="gsl_DividendsPolicyTextBlock_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DividendsPolicyTextBlock_doc" xml:lang="en-US"> Disclosure of accounting policy for dividends. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CashInCustody" xlink:to="gsl_CashInCustody_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CashInCustody_doc" xml:lang="en-US"> The cash held in custody. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ScheduleOfIntangibleLiabilitiesCharterAgreementsTableTextBlock" xlink:label="gsl_ScheduleOfIntangibleLiabilitiesCharterAgreementsTableTextBlock"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ScheduleOfIntangibleLiabilitiesCharterAgreementsTableTextBlock" xlink:to="gsl_ScheduleOfIntangibleLiabilitiesCharterAgreementsTableTextBlock_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ScheduleOfIntangibleLiabilitiesCharterAgreementsTableTextBlock_doc" xml:lang="en-US"> Schedule of intangible liabilities charter agreements. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ScheduleOfDeferredFinancingCostsTableTextBlock_doc" xml:lang="en-US"> Tabular disclosure of the components of deferred financing costs. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AccumulatedDepreciationDepletionAndAmortizationImpairmentLossOfPropertyPlantAndEquipment_doc" xml:lang="en-US"> Amount of decrease in accumulated depreciation, depletion and amortization as a result of impairment of property, plant and equipment </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VesselDeliveryDate" xlink:label="gsl_VesselDeliveryDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselDeliveryDate" xlink:to="gsl_VesselDeliveryDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_VesselDeliveryDate_doc" xml:lang="en-US"> The date of delivery of the vessel. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_YearBuilt" xlink:to="gsl_YearBuilt_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_YearBuilt_doc" xml:lang="en-US"> Year Built </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CapacityOfVesselsInTwentyFootEquivalentUnits_doc" xml:lang="en-US"> Capacity Of Vessels In Twenty Foot Equivalent Units. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsPledgedAsCollateralUnderCreditFacilities_doc" xml:lang="en-US"> Number of vessels pledged as collateral under credit facilities. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfUnencumberedVessels" xlink:to="gsl_NumberOfUnencumberedVessels_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfUnencumberedVessels_doc" xml:lang="en-US"> The number of vessels which are unencumbered, free of claims by creditors. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PeriodBetweenScheduledDrydockings_doc" xml:lang="en-US"> Period between scheduled drydockings. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredCostsWriteOff" xlink:to="gsl_DeferredCostsWriteOff_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DeferredCostsWriteOff_doc" xml:lang="en-US"> Write-off of amounts previously capitalized as deferred costs. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IntangibleLiabilityCharterAgreementsNoncurrent_doc" xml:lang="en-US"> Non current portion of the excess of the market value of vessel charters over contracted value of the charters at the date of merger. The intangible lease liability is amortized as an increase in time charter revenue over the remaining term of the relevant charter. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmortizationOfBelowMarketLeases_doc" xml:lang="en-US"> Amount of non-cash amortization of intangible liability for below market leases. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmortizationOfAboveMarketLeases" xlink:label="gsl_AmortizationOfAboveMarketLeases"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmortizationOfAboveMarketLeases" xlink:to="gsl_AmortizationOfAboveMarketLeases_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmortizationOfAboveMarketLeases_doc" xml:lang="en-US"> Amount of non-cash amortization of intangible liability for above market leases. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_BunkerInventoryCurrent" xlink:to="gsl_BunkerInventoryCurrent_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_BunkerInventoryCurrent_doc" xml:lang="en-US"> Carrying amount as of the balance sheet date of bunker's inventory. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LubricantsInventoryCurrent" xlink:to="gsl_LubricantsInventoryCurrent_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LubricantsInventoryCurrent_doc" xml:lang="en-US"> Carrying amount as of the balance sheet date of lubricants' inventory. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StoresInventoryCurrent" xlink:to="gsl_StoresInventoryCurrent_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_StoresInventoryCurrent_doc" xml:lang="en-US"> Carrying amount as of the balance sheet date of stores' inventory. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VictuallingInventoryCurrent" xlink:to="gsl_VictuallingInventoryCurrent_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_VictuallingInventoryCurrent_doc" xml:lang="en-US"> Carrying amount as of the balance sheet date of victualling supplies. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AccountsPayableToSuppliersAndRepairersCurrent_doc" xml:lang="en-US"> Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors and repairers. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccountsPayableToCharterers" xlink:to="gsl_AccountsPayableToCharterers_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AccountsPayableToCharterers_doc" xml:lang="en-US"> Carrying value as of the balance sheet date of obligations incurred and payable to charterers. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AccruedExpenses" xlink:to="gsl_AccruedExpenses_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AccruedExpenses_doc" xml:lang="en-US"> Carrying value as of the balance sheet date of obligations incurred through that date and payable for expenses. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AdditionalDeferredFinancingCosts_doc" xml:lang="en-US"> Additional deferred financing costs. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsSecuredToNotes_doc" xml:lang="en-US"> Number of vessels secured to notes. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsOwned" xlink:to="gsl_NumberOfVesselsOwned_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsOwned_doc" xml:lang="en-US"> Number of vessels owned. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DebtInstrumentRepurchasePricePercentage_doc" xml:lang="en-US"> Percentage price of original principal amount of debt at which debt can be repurchased. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberLoanTranches" xlink:to="gsl_NumberLoanTranches_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberLoanTranches_doc" xml:lang="en-US"> The number of tranches under the credit facility. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ConstructionInProgressGross1_doc" xml:lang="en-US"> Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_TimeCharterAndVoyageExpenses_doc" xml:lang="en-US"> Costs relating to the voyages performed by the vessels and may include port, canal, bunker expenses, commissions and other. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_TimeCharterAndVoyageExpensesRelatedParty_doc" xml:lang="en-US"> Costs relating to the voyages performed by the vessels and may include port, canal, bunker expenses, commissions and other, incurred from transactions with related parties. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CapitalizedCostsRelatingToDryDocking" xlink:label="gsl_CapitalizedCostsRelatingToDryDocking"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CapitalizedCostsRelatingToDryDocking" xlink:to="gsl_CapitalizedCostsRelatingToDryDocking_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CapitalizedCostsRelatingToDryDocking_doc" xml:lang="en-US"> The cash outflow for capitalized costs relating to drydocking. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CashAcquiredFromAssetAcquisitions" xlink:label="gsl_CashAcquiredFromAssetAcquisitions"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CashAcquiredFromAssetAcquisitions" xlink:to="gsl_CashAcquiredFromAssetAcquisitions_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CashAcquiredFromAssetAcquisitions_doc" xml:lang="en-US"> The cash inflow associated with the asset acquisitions during the period. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_UnpaidCostsRelatingToDryDocking" xlink:label="gsl_UnpaidCostsRelatingToDryDocking"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_UnpaidCostsRelatingToDryDocking" xlink:to="gsl_UnpaidCostsRelatingToDryDocking_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_UnpaidCostsRelatingToDryDocking_doc" xml:lang="en-US"> Amount of expenses relating to drydocking that is not paid yet. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PreferredStockIssuedDuringPeriodSharesNewIssues_doc" xml:lang="en-US"> Number of new preferred stock issued during the period. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_EntityIncorporationCountryName_doc" xml:lang="en-US"> State or Country Name where an entity is incorporated. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselName" xlink:to="gsl_VesselName_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_VesselName_doc" xml:lang="en-US"> The name of each vessel owned. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EarliestCharterExpiryDate" xlink:to="gsl_EarliestCharterExpiryDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_EarliestCharterExpiryDate_doc" xml:lang="en-US"> The earliest date that the charter expires. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted_doc" xml:lang="en-US"> Net income or loss for the period in instances when basic and diluted earnings are the same amount and reported as a single line item on the face of the financial statements. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_WeightedAverageNumberOfSharesOutstandingBasicExcludingRestrictedStockUnitsWithoutServiceConditions_doc" xml:lang="en-US"> Number of [basic] shares or units, excluding adjustment for contingently issuable units and units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_WeightedAverageNumberOfRestrictedStockUnitsWithServiceConditions_doc" xml:lang="en-US"> Weighted average number of Restricted Stick Units (RSUs) with service conditions. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsPurchased" xlink:to="gsl_NumberOfVesselsPurchased_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsPurchased_doc" xml:lang="en-US"> The number of vessels purchased by the company. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfVesselsSold" xlink:to="gsl_NumberOfVesselsSold_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsSold_doc" xml:lang="en-US"> Number of vessels sold. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_WeightedAverageAgeCapacity" xlink:to="gsl_WeightedAverageAgeCapacity_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_WeightedAverageAgeCapacity_doc" xml:lang="en-US"> The weighted average age weighted by TEU capacity. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeliveryDate" xlink:to="gsl_DeliveryDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DeliveryDate_doc" xml:lang="en-US"> The delivery date of the vessel. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_EstimatedResidualValueShipsPerLightweightTon_doc" xml:lang="en-US"> The estimated residual scrap rate per light-weight ton for the vessels in the fleet. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FutureCharterRateAssumptions_doc" xml:lang="en-US"> Charter rates on expiry of existing charters, which are based on forecast charter rates, where relevant, for the four years from the date of the impairment test and a reversion to the historical mean for each vessel thereafter. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PeriodFromImpairmentTestDateInWhichAfterCurrentCharterExpiresForecastRatesAdopted" xlink:label="gsl_PeriodFromImpairmentTestDateInWhichAfterCurrentCharterExpiresForecastRatesAdopted"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PeriodFromImpairmentTestDateInWhichAfterCurrentCharterExpiresForecastRatesAdopted" xlink:to="gsl_PeriodFromImpairmentTestDateInWhichAfterCurrentCharterExpiresForecastRatesAdopted_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PeriodFromImpairmentTestDateInWhichAfterCurrentCharterExpiresForecastRatesAdopted_doc" xml:lang="en-US"> The period from the impairment test date in which, after the current charter expires, forecast rates are adopted and a reversion to the historical mean thereafter. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfSubsidiaries" xlink:to="gsl_NumberOfSubsidiaries_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfSubsidiaries_doc" xml:lang="en-US"> Number Of Subsidiaries. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LineOfCreditFacilityNumberOfRepaymentInstalment_doc" xml:lang="en-US"> Number of repayment installments of a credit facility agreement. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FeesOnRepaymentsOfDebt" xlink:to="gsl_FeesOnRepaymentsOfDebt_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FeesOnRepaymentsOfDebt_doc" xml:lang="en-US"> The fees incurred for repayments of debt. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiabilityMaturityDate" xlink:label="gsl_FinanceLeaseLiabilityMaturityDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiabilityMaturityDate" xlink:to="gsl_FinanceLeaseLiabilityMaturityDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiabilityMaturityDate_doc" xml:lang="en-US"> Date the finance lease liability terminates, in CCYY-MM-DD format. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiabilityMaturityDate1" xlink:label="gsl_FinanceLeaseLiabilityMaturityDate1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiabilityMaturityDate1" xlink:to="gsl_FinanceLeaseLiabilityMaturityDate1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiabilityMaturityDate1_doc" xml:lang="en-US"> Date the finance lease liability terminates, in CCYY-MM-DD format. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfRepaymentInstallment_doc" xml:lang="en-US"> Number of repayment installments </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiabilityPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="gsl_FinanceLeaseLiabilityPeriodicPaymentTermsBalloonPaymentToBePaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiabilityPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:to="gsl_FinanceLeaseLiabilityPeriodicPaymentTermsBalloonPaymentToBePaid_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiabilityPeriodicPaymentTermsBalloonPaymentToBePaid_doc" xml:lang="en-US"> Amount of payment greater than the preceding installment payments to be paid at final maturity date of finance lease liability. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VotingInterest" xlink:label="gsl_VotingInterest"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VotingInterest" xlink:to="gsl_VotingInterest_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_VotingInterest_doc" xml:lang="en-US"> Voting interest. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfClassesOfCommonStock_doc" xml:lang="en-US"> Number of classes of common stock. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesFutureMinimumPaymentsReceivable1" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivable1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesFutureMinimumPaymentsReceivable1" xlink:to="gsl_OperatingLeasesFutureMinimumPaymentsReceivable1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivable1_doc" xml:lang="en-US"> Future minimum rental payments in aggregate as of the balance sheet date under operating leases </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears1" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears1" xlink:to="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears1_doc" xml:lang="en-US"> Future rental payments receivable within the third year from the balance sheet date under an operating lease. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears1" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears1" xlink:to="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears1_doc" xml:lang="en-US"> Future rental payments receivable within the fourth year from the balance sheet date under an operating lease. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesFutureMinimumPaymentsReceivableCurrent1" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableCurrent1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesFutureMinimumPaymentsReceivableCurrent1" xlink:to="gsl_OperatingLeasesFutureMinimumPaymentsReceivableCurrent1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableCurrent1_doc" xml:lang="en-US"> Future rental payments receivable within one year of the balance sheet date under an operating lease. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears1" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears1" xlink:to="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears1_doc" xml:lang="en-US"> Future rental payments receivable within the second year from the balance sheet date under an operating lease. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock1_doc" xml:lang="en-US"> Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeasesFutureMinimumPaymentsReceivableThereafter1" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableThereafter1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeasesFutureMinimumPaymentsReceivableThereafter1" xlink:to="gsl_OperatingLeasesFutureMinimumPaymentsReceivableThereafter1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesFutureMinimumPaymentsReceivableThereafter1_doc" xml:lang="en-US"> Future minimum lease payments receivable under operating leases for periods greater than five years following the balance sheet date. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_SaleLeasebackTransactionQuarterlyRentalPayments1_doc" xml:lang="en-US"> The amount of the quarterly rental payments due under the lease entered into in connection with the transactions involving the sale of property to another party and the lease of the property back to the seller. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_SaleLeasebackTransactionNetProceedsFinancingActivities1" xlink:label="gsl_SaleLeasebackTransactionNetProceedsFinancingActivities1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_SaleLeasebackTransactionNetProceedsFinancingActivities1" xlink:to="gsl_SaleLeasebackTransactionNetProceedsFinancingActivities1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_SaleLeasebackTransactionNetProceedsFinancingActivities1_doc" xml:lang="en-US"> Amount of cash inflow after closing and debt issuance costs received by a seller-lessee in a sale-leaseback recognized in financing activities. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredCostsAdditions" xlink:to="gsl_DeferredCostsAdditions_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DeferredCostsAdditions_doc" xml:lang="en-US"> The amount of capitalized dry-docking costs incurred during the period. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfSharesSold" xlink:to="gsl_NumberOfSharesSold_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfSharesSold_doc" xml:lang="en-US"> Number of shares sold. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PreferredStockIssueDescription_doc" xml:lang="en-US"> Preferred stock issue description. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PreferredStockDepositorySharesIssued" xlink:label="gsl_PreferredStockDepositorySharesIssued"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PreferredStockDepositorySharesIssued" xlink:to="gsl_PreferredStockDepositorySharesIssued_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PreferredStockDepositorySharesIssued_doc" xml:lang="en-US"> Preferred Stock Depository Shares Issued. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PreferredStockRedemptionPricePerDepositoryShare_doc" xml:lang="en-US"> Preferred Stock Redemption Price Per Depository Share. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_StockIssuedDuringPeriodSharesNewIssues1" xlink:label="gsl_StockIssuedDuringPeriodSharesNewIssues1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StockIssuedDuringPeriodSharesNewIssues1" xlink:to="gsl_StockIssuedDuringPeriodSharesNewIssues1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_StockIssuedDuringPeriodSharesNewIssues1_doc" xml:lang="en-US"> Number of new stock issued during the period. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMaximumValueOfGrantsInPeriod" xlink:label="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMaximumValueOfGrantsInPeriod"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMaximumValueOfGrantsInPeriod" xlink:to="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMaximumValueOfGrantsInPeriod_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMaximumValueOfGrantsInPeriod_doc" xml:lang="en-US"> The maximum value of shares that may be granted to any non-employee director in any one calendar year, under the equity-based compensation plan. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingStockPrice_doc" xml:lang="en-US"> Share based compensation arrangement by share based payment award vesting stock price. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfConsecutiveTradingDays_doc" xml:lang="en-US"> Number of consecutive trading days. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NumberOfTranches" xlink:to="gsl_NumberOfTranches_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfTranches_doc" xml:lang="en-US"> Number of tranches. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ConcentrationRiskPercentage" xlink:to="gsl_ConcentrationRiskPercentage_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ConcentrationRiskPercentage_doc" xml:lang="en-US"> For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeasesIncomeStatementLeaseRevenue1_doc" xml:lang="en-US"> The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfBanksHoldingDeposits_doc" xml:lang="en-US"> The number of banks in which all of the company amounts are deposited, giving rise to a concentration of credit risk. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DebtServiceCoverageRatio1" xlink:label="gsl_DebtServiceCoverageRatio1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DebtServiceCoverageRatio1" xlink:to="gsl_DebtServiceCoverageRatio1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DebtServiceCoverageRatio1_doc" xml:lang="en-US"> Ratio of cash flow to cash flow debt service. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmortizationOfAboveAndBelowMarketLeasesI" xlink:label="gsl_AmortizationOfAboveAndBelowMarketLeasesI"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmortizationOfAboveAndBelowMarketLeasesI" xlink:to="gsl_AmortizationOfAboveAndBelowMarketLeasesI_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmortizationOfAboveAndBelowMarketLeasesI_doc" xml:lang="en-US"> Amount of non-cash amortization of intangible asset (liability) for above and below market leases. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest1" xlink:label="gsl_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest1" xlink:to="gsl_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest1_doc" xml:lang="en-US"> Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax1" xlink:label="gsl_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax1" xlink:to="gsl_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax1_doc" xml:lang="en-US"> Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_SaleLeasebackTransactionNetProceedsFinancingActivitiesI_doc" xml:lang="en-US"> Amount of cash inflow after closing and debt issuance costs received by a seller-lessee in a sale-leaseback recognized in financing activities. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiabilityCurrent1" xlink:label="gsl_FinanceLeaseLiabilityCurrent1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiabilityCurrent1" xlink:to="gsl_FinanceLeaseLiabilityCurrent1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiabilityCurrent1_doc" xml:lang="en-US"> Present value of lessee's discounted obligation for lease payments from finance lease, classified as current. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiability1" xlink:label="gsl_FinanceLeaseLiability1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiability1" xlink:to="gsl_FinanceLeaseLiability1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiability1_doc" xml:lang="en-US"> Present value of lessee's discounted obligation for lease payments from finance lease. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmortizationOfIntangibleLiabilitiesRelatedParty_doc" xml:lang="en-US"> The aggregate expense of amortization of intangible liabilities included related party. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PayablePremiumAmount" xlink:to="gsl_PayablePremiumAmount_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PayablePremiumAmount_doc" xml:lang="en-US"> The premium amount paid to purchase option. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_FinanceLeaseLiabilityICurrent" xlink:label="gsl_FinanceLeaseLiabilityICurrent"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_FinanceLeaseLiabilityICurrent" xlink:to="gsl_FinanceLeaseLiabilityICurrent_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiabilityICurrent_doc" xml:lang="en-US"> Present value of lessee's discounted obligation for lease payments from finance lease, classified as current. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DerivativeInceptionDates1" xlink:label="gsl_DerivativeInceptionDates1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DerivativeInceptionDates1" xlink:to="gsl_DerivativeInceptionDates1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DerivativeInceptionDates1_doc" xml:lang="en-US"> Date the entity entered into the derivative contract, in YYYY-MM format. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CommencedDate" xlink:to="gsl_CommencedDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CommencedDate_doc" xml:lang="en-US"> Date of the shares incentive stock commenced , in YYYY-MM-DD format. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AdvanceHire" xlink:to="gsl_AdvanceHire_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AdvanceHire_doc" xml:lang="en-US"> Amount that has been refundable to the entity that represents the paid in advance. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_LessPlusDeferredFinanceCostsGross" xlink:label="gsl_LessPlusDeferredFinanceCostsGross"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LessPlusDeferredFinanceCostsGross" xlink:to="gsl_LessPlusDeferredFinanceCostsGross_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LessPlusDeferredFinanceCostsGross_doc" xml:lang="en-US"> Amount, before accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OperatingLeaseRightOfUseAsset1" xlink:label="gsl_OperatingLeaseRightOfUseAsset1"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OperatingLeaseRightOfUseAsset1" xlink:to="gsl_OperatingLeaseRightOfUseAsset1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeaseRightOfUseAsset1_doc" xml:lang="en-US"> Amount of lessee's right to use underlying asset under operating lease. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmortizationOfAboveAndBelowMarketLeases1_doc" xml:lang="en-US"> Amount of amortization of intangible asset (liability) for above and below market leases. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GainLossOnInterestRateDerivativeNet" xlink:label="gsl_GainLossOnInterestRateDerivativeNet"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GainLossOnInterestRateDerivativeNet" xlink:to="gsl_GainLossOnInterestRateDerivativeNet_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_GainLossOnInterestRateDerivativeNet_doc" xml:lang="en-US"> Amount of gain (loss) on interest rate cap,derivatives. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LineOfCreditFacilityExpirationDate_doc" xml:lang="en-US"> Date the credit facility terminates, in YYYY-MM format. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_FinanceLeaseLiabilityMaturityDates_doc" xml:lang="en-US"> Date the finance lease liability terminates, in MM-YY format. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IncreaseDecreaseInTimeDepositsAcquired_doc" xml:lang="en-US"> The increase/decrease amount of time deposits acquired. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TimeDepositsAssetsCurrent" xlink:to="gsl_TimeDepositsAssetsCurrent_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_TimeDepositsAssetsCurrent_doc" xml:lang="en-US"> The amount of time deposits. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_UnpaidCapitalizedExpenses" xlink:label="gsl_UnpaidCapitalizedExpenses"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_UnpaidCapitalizedExpenses" xlink:to="gsl_UnpaidCapitalizedExpenses_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_UnpaidCapitalizedExpenses_doc" xml:lang="en-US"> Amount of capitalized expenses that is not paid yet. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_UnpaidDeferredFinancingCosts" xlink:label="gsl_UnpaidDeferredFinancingCosts"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_UnpaidDeferredFinancingCosts" xlink:to="gsl_UnpaidDeferredFinancingCosts_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_UnpaidDeferredFinancingCosts_doc" xml:lang="en-US"> Future cash outflow to pay for financing costs. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_NetIncomeLoss2" xlink:label="gsl_NetIncomeLoss2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_NetIncomeLoss2" xlink:to="gsl_NetIncomeLoss2_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NetIncomeLoss2_doc" xml:lang="en-US"> The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_PaymentsOfDividendsCommonStock2" xlink:label="gsl_PaymentsOfDividendsCommonStock2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PaymentsOfDividendsCommonStock2" xlink:to="gsl_PaymentsOfDividendsCommonStock2_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PaymentsOfDividendsCommonStock2_doc" xml:lang="en-US"> Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherComprehensiveIncomeLossNetOfTax2" xlink:label="gsl_OtherComprehensiveIncomeLossNetOfTax2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherComprehensiveIncomeLossNetOfTax2" xlink:to="gsl_OtherComprehensiveIncomeLossNetOfTax2_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OtherComprehensiveIncomeLossNetOfTax2_doc" xml:lang="en-US"> Amount after tax and reclassification adjustments of other comprehensive income (loss). </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_StockIssuedDuringPeriodValueNewIssues2" xlink:label="gsl_StockIssuedDuringPeriodValueNewIssues2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StockIssuedDuringPeriodValueNewIssues2" xlink:to="gsl_StockIssuedDuringPeriodValueNewIssues2_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_StockIssuedDuringPeriodValueNewIssues2_doc" xml:lang="en-US"> Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmountRealizedAndReclassifiedToEarnings_doc" xml:lang="en-US"> Amount realized and reclassified to earnings. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_StockRepurchasedAndRetiredDuringPeriodValue1_doc" xml:lang="en-US"> Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LineOfCreditFacilityInitiationDate3_doc" xml:lang="en-US"> Date the credit facility first became available, in YYYY-MM-DD format. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DerivativeMaturityDates1" xlink:to="gsl_DerivativeMaturityDates1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DerivativeMaturityDates1_doc" xml:lang="en-US"> Derivative maturity date. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_OtherAssetsNoncurrentPortion" xlink:label="gsl_OtherAssetsNoncurrentPortion"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherAssetsNoncurrentPortion" xlink:to="gsl_OtherAssetsNoncurrentPortion_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OtherAssetsNoncurrentPortion_doc" xml:lang="en-US"> The amount of non current asset portion from straight line. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CreditFacilityDescriptionOfScope_doc" xml:lang="en-US"> Description of the scope of the credit facility arrangement. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DrawnDownDate" xlink:label="gsl_DrawnDownDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DrawnDownDate" xlink:to="gsl_DrawnDownDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DrawnDownDate_doc" xml:lang="en-US"> The date when the facility was drawn down. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_PrepaymentDate" xlink:to="gsl_PrepaymentDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PrepaymentDate_doc" xml:lang="en-US"> The date when the facility was prepaid. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmortizationOfInterestRateCapPremium_doc" xml:lang="en-US"> Amortization of interest rate cap premium. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_PrepaymentFeesOnRepaymentsOfDebt_doc" xml:lang="en-US"> The prepayment fees incurred for repayments of debt. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_VesselSaleDate" xlink:label="gsl_VesselSaleDate"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselSaleDate" xlink:to="gsl_VesselSaleDate_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_VesselSaleDate_doc" xml:lang="en-US"> The date of vessel sale. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IntrerestRateCapsNumber" xlink:to="gsl_IntrerestRateCapsNumber_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IntrerestRateCapsNumber_doc" xml:lang="en-US"> The number of interest rate caps </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmountReclassificationOfDebtPremiumsPaid" xlink:label="gsl_AmountReclassificationOfDebtPremiumsPaid"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmountReclassificationOfDebtPremiumsPaid" xlink:to="gsl_AmountReclassificationOfDebtPremiumsPaid_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmountReclassificationOfDebtPremiumsPaid_doc" xml:lang="en-US"> The amount of reclasiffy debt premiums paid from current financial statements, which may be different from prior year's financial statements </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DepositarySharesOutstanding" xlink:to="gsl_DepositarySharesOutstanding_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DepositarySharesOutstanding_doc" xml:lang="en-US"> Number of shares issued which are neither cancelled nor held in treasury. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AssetImpairmentChargesGross" xlink:to="gsl_AssetImpairmentChargesGross_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AssetImpairmentChargesGross_doc" xml:lang="en-US"> Amount before accumulated depreciation, depletion and amortization of write down of property, plan and equipment from the carrying value to the fair value. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsImpairmentChargeRecognized_doc" xml:lang="en-US"> The number of vessels on which impairment charge was recognized. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_SaleAndLeasebackTransactionsFailedNumber_doc" xml:lang="en-US"> The number of failed sale and leaseback transactions. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfVesselsUnderTechnicalManagement_doc" xml:lang="en-US"> Number of vessels under technical management. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_BrokerFeeCommissionPercentage_doc" xml:lang="en-US"> The percentage of the broker' commission after commercial management agreements. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_AmountRealizedOnOCIAndReclassifiedToEarnings" xlink:label="gsl_AmountRealizedOnOCIAndReclassifiedToEarnings"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AmountRealizedOnOCIAndReclassifiedToEarnings" xlink:to="gsl_AmountRealizedOnOCIAndReclassifiedToEarnings_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_AmountRealizedOnOCIAndReclassifiedToEarnings_doc" xml:lang="en-US"> The amount realized on OCI and reclassified to earnings. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DebtInstrumentConvertibleConversionDate1_doc" xml:lang="en-US"> Date debt instrument can be converted into equity, in MM-YYYY format. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_StockIssuedDuringPeriodOfferingCost_doc" xml:lang="en-US"> Offering cost of stock issued. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DisposalsOfBelowMarketLeases_doc" xml:lang="en-US"> Amount of disposals of intangible liability for below market leases. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IncreaseGeneralAndAdministrativeExpense" xlink:label="gsl_IncreaseGeneralAndAdministrativeExpense"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IncreaseGeneralAndAdministrativeExpense" xlink:to="gsl_IncreaseGeneralAndAdministrativeExpense_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IncreaseGeneralAndAdministrativeExpense_doc" xml:lang="en-US"> Increase of general and administrative expenses due to correct the valuation of share based compensation. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DecreaseNetIncomeLoss" xlink:label="gsl_DecreaseNetIncomeLoss"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DecreaseNetIncomeLoss" xlink:to="gsl_DecreaseNetIncomeLoss_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DecreaseNetIncomeLoss_doc" xml:lang="en-US"> Decrease of net income due to correct the valuation of share based compensation. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_IncreaseAdditionalPaidInCapital" xlink:label="gsl_IncreaseAdditionalPaidInCapital"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_IncreaseAdditionalPaidInCapital" xlink:to="gsl_IncreaseAdditionalPaidInCapital_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_IncreaseAdditionalPaidInCapital_doc" xml:lang="en-US"> Increase of additional paid in capital due to correct the valuation of share based compensation. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_DecreaseRetainedEarningsAccumulatedDeficit" xlink:label="gsl_DecreaseRetainedEarningsAccumulatedDeficit"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DecreaseRetainedEarningsAccumulatedDeficit" xlink:to="gsl_DecreaseRetainedEarningsAccumulatedDeficit_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DecreaseRetainedEarningsAccumulatedDeficit_doc" xml:lang="en-US"> Decrease of retained earnings due to correct the valuation of share based compensation. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_StockRepurchasedAndRetiredDuringPeriodShares2" xlink:label="gsl_StockRepurchasedAndRetiredDuringPeriodShares2"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_StockRepurchasedAndRetiredDuringPeriodShares2" xlink:to="gsl_StockRepurchasedAndRetiredDuringPeriodShares2_doc" xlink:type="arc"/>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_InterestRateCapTransitionDescription" xlink:label="gsl_InterestRateCapTransitionDescription"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_InterestRateCapTransitionDescription" xlink:to="gsl_InterestRateCapTransitionDescription_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_InterestRateCapTransitionDescription_doc" xml:lang="en-US"> Description of transition from LIBOR to SOFR. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_NumberOfSaleAndLeasebackAgreements_doc" xml:lang="en-US"> The number of sale and leaseback agreements. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_VesselsImprovements" xlink:to="gsl_VesselsImprovements_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_VesselsImprovements_doc" xml:lang="en-US"> This element represents costs for capitalized improvements of vessels. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_GrossRevenueOfTimeCharterArrangementsPercentage" xlink:label="gsl_GrossRevenueOfTimeCharterArrangementsPercentage"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_GrossRevenueOfTimeCharterArrangementsPercentage" xlink:to="gsl_GrossRevenueOfTimeCharterArrangementsPercentage_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_GrossRevenueOfTimeCharterArrangementsPercentage_doc" xml:lang="en-US"> The percentage which represents the gross revenues from time charter arrangements. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DrydockingCosts" xlink:to="gsl_DrydockingCosts_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_DrydockingCosts_doc" xml:lang="en-US"> This element represents the payments for vessel dry-docking expenses. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OperatingLeaseLeaseIncomeRelatedparties_doc" xml:lang="en-US"> Amount of operating lease income from related parties from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. </link:label>

<link:loc xlink:type="locator" xlink:href="gsl-20231231.xsd#gsl_CompensatingBalanceAmountCurrentAmount" xlink:label="gsl_CompensatingBalanceAmountCurrentAmount"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CompensatingBalanceAmountCurrentAmount" xlink:to="gsl_CompensatingBalanceAmountCurrentAmount_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CompensatingBalanceAmountCurrentAmount_doc" xml:lang="en-US"> The current amount of a specific compensating balance arrangement that is maintained under an agreement for a bank loan or future credit availability. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LongTermDebtTextBlock1" xlink:to="gsl_LongTermDebtTextBlock1_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LongTermDebtTextBlock1_doc" xml:lang="en-US"> The entire disclosure for long -term debt. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LongTermDebtTextBlock2" xlink:to="gsl_LongTermDebtTextBlock2_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LongTermDebtTextBlock2_doc" xml:lang="en-US"> The entire disclosure for long- term debt. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_LongTermDebtTextBlock3" xlink:to="gsl_LongTermDebtTextBlock3_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_LongTermDebtTextBlock3_doc" xml:lang="en-US"> The entire disclosure for long - term debt. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_ConvertibleSecuritiesConvertedShares_doc" xml:lang="en-US"> Number of convertible securities converted during the period. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersCurrent_doc" xml:lang="en-US"> Current carrying amount as of the balance sheet date of cash collateral received from Charterers, for which the cash is restricted as to withdrawal or usage. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent_doc" xml:lang="en-US"> Non current carrying amount as of the balance sheet date of cash collateral received from Charterers, for which the cash is restricted as to withdrawal or usage. </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CapitalizedExpensesUnpaid" xlink:to="gsl_CapitalizedExpensesUnpaid_doc" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_CapitalizedExpensesUnpaid_doc" xml:lang="en-US"> Total costs capitalized in vessel cost unpaid. </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax1_doc" xml:lang="en-US"> Amount, after tax and before reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness </link:label>

<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember"/>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyMember" xlink:to="us-gaap_RelatedPartyMember_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyMember_lbl" xml:lang="en-US"> Related Party [Member] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_EightInstalmentsMember" xlink:to="gsl_EightInstalmentsMember_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_EightInstalmentsMember_2_lbl" xml:lang="en-US"> Eight Installments [Member] [Default Label] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_TwelveVesselsIMember" xlink:to="gsl_TwelveVesselsIMember_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_TwelveVesselsIMember_2_lbl" xml:lang="en-US"> Twelve Vessels [Member] [Default Label] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_CMACGMIMember" xlink:to="gsl_CMACGMIMember_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CMACGMIMember_2_lbl" xml:lang="en-US"> CMA CGM [Member] [Default Label] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_2_lbl" xml:lang="en-US"> Assets, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNoncurrent" xlink:to="us-gaap_AssetsNoncurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNoncurrent_2_lbl" xml:lang="en-US"> Assets, Noncurrent </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US"> Assets </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrent_2_lbl" xml:lang="en-US"> Liabilities, Current </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesNoncurrent" xlink:to="us-gaap_LiabilitiesNoncurrent_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesNoncurrent_2_lbl" xml:lang="en-US"> Liabilities, Noncurrent </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US"> Liabilities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_2_lbl" xml:lang="en-US"> Equity, Including Portion Attributable to Noncontrolling Interest </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US"> Liabilities and Equity </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Revenues_2_lbl" xml:lang="en-US"> Revenues </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_2_lbl" xml:lang="en-US"> Gain (Loss) on Disposition of Property Plant Equipment </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_2_lbl" xml:lang="en-US"> Operating Income (Loss) </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndDebtExpense" xlink:to="us-gaap_InterestAndDebtExpense_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestAndDebtExpense_2_lbl" xml:lang="en-US"> Interest and Debt Expense </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpense_2_lbl" xml:lang="en-US"> Nonoperating Income (Expense) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_2_lbl" xml:lang="en-US"> Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US"> Income Tax Expense (Benefit) </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_2_lbl" xml:lang="en-US"> Preferred Stock Dividends, Income Statement Impact </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_2_lbl" xml:lang="en-US"> Net Income (Loss) Available to Common Stockholders, Basic </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_3_lbl" xml:lang="en-US"> Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_2_lbl" xml:lang="en-US"> Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_2_lbl" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Parent </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accounts Receivable and Other Operating Assets </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInInventories_2_lbl" xml:lang="en-US"> Increase (Decrease) in Inventories </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDerivativeAssets_2_lbl" xml:lang="en-US"> Increase (Decrease) in Derivative Assets </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DrydockingCosts" xlink:to="gsl_DrydockingCosts_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DrydockingCosts_3_lbl" xml:lang="en-US"> Dry docking costs </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_2_lbl" xml:lang="en-US"> Unrealized Gain (Loss), Foreign Currency Transaction, before Tax </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireMachineryAndEquipment_2_lbl" xml:lang="en-US"> Payments to Acquire Machinery and Equipment </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForCapitalImprovements_2_lbl" xml:lang="en-US"> Payments for Capital Improvements </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForConstructionInProcess_2_lbl" xml:lang="en-US"> Payments for Construction in Process </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_IncreaseDecreaseInTimeDepositsAcquired_3_lbl" xml:lang="en-US"> IncreaseDecreaseInTimeDepositsAcquired </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfSecuredDebt" xlink:to="us-gaap_RepaymentsOfSecuredDebt_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfSecuredDebt_2_lbl" xml:lang="en-US"> Repayments of Secured Debt </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfSeniorDebt" xlink:to="us-gaap_RepaymentsOfSeniorDebt_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfSeniorDebt_2_lbl" xml:lang="en-US"> Repayments of Senior Debt </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_2_lbl" xml:lang="en-US"> Repayments of Lines of Credit </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfFinancingCosts_2_lbl" xml:lang="en-US"> Payments of Financing Costs </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_3_lbl" xml:lang="en-US"> Payments of Ordinary Dividends, Common Stock </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_2_lbl" xml:lang="en-US"> Payments of Ordinary Dividends, Preferred Stock and Preference Stock </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_2_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_3_lbl" xml:lang="en-US"> Equity, Attributable to Parent </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsPreferredStock" xlink:to="us-gaap_DividendsPreferredStock_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendsPreferredStock_2_lbl" xml:lang="en-US"> Dividends, Preferred Stock </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredChargesTextBlock" xlink:to="gsl_DeferredChargesTextBlock_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeferredChargesTextBlock_3_lbl" xml:lang="en-US"> DeferredChargesTextBlock </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryDisclosureTextBlock_2_lbl" xml:lang="en-US"> Inventory Disclosure [Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock_2_lbl" xml:lang="en-US"> AccountsPayableAndAccruedLiabilitiesDisclosure1TextBlock </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2_lbl" xml:lang="en-US"> Commitments and Contingencies Disclosure [Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_2_lbl" xml:lang="en-US"> Cash and Cash Equivalents, Policy [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_2_lbl" xml:lang="en-US"> Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryPolicyTextBlock_2_lbl" xml:lang="en-US"> Inventory, Policy [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy_2_lbl" xml:lang="en-US"> Accounts Receivable [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_2_lbl" xml:lang="en-US"> Property, Plant and Equipment, Policy [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_2_lbl" xml:lang="en-US"> Deferred Charges, Policy [Policy Text Block] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_PropertyPlantAndEquipmentAcquisitionsTextBlock1_2_lbl" xml:lang="en-US"> PropertyPlantAndEquipmentAcquisitionsTextBlock1 </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OperatingLeasesIncomeStatementLeaseRevenue1_3_lbl" xml:lang="en-US"> OperatingLeasesIncomeStatementLeaseRevenue1 </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssets" xlink:to="us-gaap_DerivativeAssets_4_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssets_4_lbl" xml:lang="en-US"> Derivative Asset [Default Label] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_CashCollateralReceivedInAdvanceFromCharterersNonCurrent_3_lbl" xml:lang="en-US"> Cash Collateral Received In Advance From Charterers Non Current </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCashNoncurrent_2_lbl" xml:lang="en-US"> Restricted Cash, Noncurrent </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCashAndInvestments_2_lbl" xml:lang="en-US"> Restricted Cash and Investments </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_3_lbl" xml:lang="en-US"> Property, Plant and Equipment, Gross </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_3_lbl" xml:lang="en-US"> Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentDisposals_2_lbl" xml:lang="en-US"> Property, Plant and Equipment, Disposals </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_AssetImpairmentChargesGross" xlink:to="gsl_AssetImpairmentChargesGross_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AssetImpairmentChargesGross_3_lbl" xml:lang="en-US"> AssetImpairmentChargesGross </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfDeferredCharges_2_lbl" xml:lang="en-US"> Amortization of Deferred Charges </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_DeferredCostsWriteOff" xlink:to="gsl_DeferredCostsWriteOff_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DeferredCostsWriteOff_3_lbl" xml:lang="en-US"> DeferredCostsWriteOff </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BelowMarketLeaseNet" xlink:to="us-gaap_BelowMarketLeaseNet_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BelowMarketLeaseNet_2_lbl" xml:lang="en-US"> Below Market Lease, Net </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_DisposalsOfBelowMarketLeases_3_lbl" xml:lang="en-US"> DisposalsOfBelowMarketLeases </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_AmortizationOfBelowMarketLeases_3_lbl" xml:lang="en-US"> AmortizationOfBelowMarketLeases </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2" xlink:to="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2_2_lbl" xml:lang="en-US"> OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax2 </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityCurrent_2_lbl" xml:lang="en-US"> Finance Lease, Liability, Current </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredFinanceCostsNet_4_lbl" xml:lang="en-US"> Debt Issuance Costs, Net </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths_2_lbl" xml:lang="en-US"> Long-Term Debt, Maturities, Repayments of Principal in Next Rolling 12 Months </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_2_lbl" xml:lang="en-US"> Long-Term Debt, Maturities, Repayments of Principal in Rolling Year Two </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_LineOfCreditFacilityInitiationDate2_2_lbl" xml:lang="en-US"> Issuance date of debt instrument [Default Label] </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_NumberOfVesselsSecuredToNotes_3_lbl" xml:lang="en-US"> NumberOfVesselsSecuredToNotes </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="gsl_ConcentrationRiskPercentage" xlink:to="gsl_ConcentrationRiskPercentage_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="gsl_ConcentrationRiskPercentage_3_lbl" xml:lang="en-US"> ConcentrationRiskPercentage </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_2_lbl" xml:lang="en-US"> Finance Lease, Liability, to be Paid, Year One </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_2_lbl" xml:lang="en-US"> Finance Lease, Liability, to be Paid, Year Two </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_2_lbl" xml:lang="en-US"> Finance Lease, Liability, to be Paid, Year Three </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_2_lbl" xml:lang="en-US"> Finance Lease, Liability, to be Paid, Year Four </link:label>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_2_lbl" xml:lang="en-US"> Finance Lease, Liability, to be Paid </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Dividends" xlink:to="us-gaap_Dividends_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Dividends_2_lbl" xml:lang="en-US"> Dividends [Default Label] </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value </link:label>

<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2_lbl" xlink:type="arc"/>

<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2_lbl" xml:lang="en-US"> Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period </link:label>

</link:labelLink>

</link:linkbase>

14 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/23/23  Global Ship Lease, Inc.           20-F       12/31/22  100:14M                                    Donnelley … Solutions/FA
 1/04/23  Global Ship Lease, Inc.           6-K         1/04/23    4:257K                                   Donnelley … Solutions/FA
12/29/22  Global Ship Lease, Inc.           6-K        12/29/22    3:141K                                   Donnelley … Solutions/FA
 6/21/22  Global Ship Lease, Inc.           6-K         6/30/22    7:943K                                   Seward & Kissel LLP
 3/24/22  Global Ship Lease, Inc.           20-F       12/31/21  114:29M                                    Seward & Kissel LLP
 4/02/20  Global Ship Lease, Inc.           20-F       12/31/19  108:15M                                    Donnelley … Solutions/FA
12/10/19  Global Ship Lease, Inc.           6-K        12/31/19    5:399K                                   Seward & Kissel LLP
 8/09/19  Global Ship Lease, Inc.           F-1                    6:2.3M                                   Donnelley … Solutions/FA
 3/29/19  Global Ship Lease, Inc.           20-F       12/31/18  115:24M                                    Donnelley … Solutions/FA
 3/26/19  Global Ship Lease, Inc.           8-A12B/A    3/25/19    2:138K                                   Seward & Kissel LLP
 3/26/19  Global Ship Lease, Inc.           6-K         3/29/19    4:3.6M                                   Seward & Kissel LLP
10/30/18  Global Ship Lease, Inc.           6-K        10/29/18    8:1.2M                                   Donnelley … Solutions/FA
 8/20/14  Global Ship Lease, Inc.           6-K         8/20/14    7:502K                                   Donnelley … Solutions/FA
11/01/07  Global Ship Lease, Inc.           F-1                   31:11M                                    Capital Systems 01/FA

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