SOURCE: Ship Finance International Limited

September 03, 2010 09:36 ET

SFL - Jefferies 7th Global Shipping and Logistics Conference

HAMILTON, NORWAY--(Marketwire - September 3, 2010) -


Press release from Ship Finance International Ltd. September 3, 2010

Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or "SFL") announced today that Ole B. Hjertaker, CEO, will present at the Jefferies 7th Global Shipping and Logistics Conference. The presentation will take place on September 8, 2010 at 11.30am (EST).

A live audio webcast of the presentation can be found at the following link: http://www.wsw.com/webcast/jeff51/sfl/

The link to the audio webcast will be live just prior to the start of the presentation. A replay of the audio webcast will be available through our website http://www.shipfinance.org for 90 days.

Ship Finance Contact Persons

Ole B. Hjertaker: Chief Executive Officer, Ship Finance Management AS
+47 2311 4011 / +47 9014 1243

Magnus T. Valeberg: Vice President, Ship Finance Management AS
+47 2311 4012 / +47 9344 0960

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 70 vessels, including 30 crude oil tankers (VLCC and Suezmax), two chemical tankers, eight oil/bulk/ore vessels, 11 dry-bulk carrier, nine container vessels, six offshore supply vessels, one jack-up drilling rigs and three ultra-deepwater drilling units. The fleet is one of the largest in the world and most of the vessels are employed on long-term charters. The Company has declared a cash dividend for 26 consecutive quarters.

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 world wide 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.

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Source: Ship Finance International Limited via Thomson Reuters ONE

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