Ship Finance International Limited
nyse : SFL

June 17, 2011 09:54 ET

SFL - Investor and Analyst Event on June 20, 2011

HAMILTON, NORWAY--(Marketwire - Jun 17, 2011) -


Ship Finance International Limited ("Ship Finance" or the "Company") (NYSE: SFL) is hosting an investor and analyst event on Monday June 20, 2011. The event is scheduled to be held at the Four Seasons Hotel, 57 East 57th Street, New York between 10.00am and 1.30pm.

Program:
09.30 - 10.00:    Registration and coffee
10.00 - 11.00:    Business development and strategy by CEO Ole B. Hjertaker
11.00 - 11.15:    Coffee break
11.15 - 12.00:    Financial results and charter portfolio update
                  by CFO Eirik Eide
12.00 - 12.10:    Closing remarks by Chairman Hans Petter Aas
12.30 - 1.30:     Luncheon with keynote address:
                  Market update and industry outlook by Douglas Mavrinac,
                  Managing Director, Equity Research,
                  Jefferies & Company Inc.

For registration and further information, please contact the Company at ir@shipfinance.no

The event will also be available online through a webcast at the following link: http://www.media-server.com/m/p/d7s8ah98

About Ship Finance

Ship Finance is a major ship owning company listed on the New York Stock Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 73 vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical tankers, six oil/bulk/ore vessels, 11 drybulk carriers including eight newbuildings, 15 container vessels, six offshore supply vessels, one jack-up drilling rigs, one ultra-deepwater drillship and two ultra-deepwater semi-submersible drilling rigs. The fleet is one of the largest in the world and most of the vessels are employed on long-term charters.

More information can be found on the Company's website: www.shipfinance.org

Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including Ship Finance management's examination of historical operating trends. Although Ship Finance believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, Ship Finance cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this presentation include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in the Company's operating expenses including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1524337]

Contact Information

  • Investor and Analyst Contacts:

    Eirik Eide
    Chief Financial Officer
    Ship Finance Management AS
    +47 23114006
    +47 95008921

    Magnus T. Valeberg
    Vice President
    Ship Finance Management AS
    +47 23114012
    +47 93440960

    Media Contact:

    Ole B. Hjertaker
    Chief Executive Officer
    Ship Finance Management AS
    +47 23114011
    +47 90141243