SFL - Adding four 8,700 TEU Newbuilding Container Vessels
(Thomson Reuters ONE) -
Press release from Ship Finance International Limited, May 24, 2013
Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company")
today announced that the Company has agreed to build four 8,700 TEU newbuilding
container vessels at a major shipyard in Korea. The contract price is attractive
and the vessels are scheduled to be delivered to us in 4Q 2014 and 1Q 2015.
Ole B. Hjertaker, CEO of Ship Finance Management AS, said in a comment: "We are
very pleased to further expand our presence in the segment with these state-of-
the-art containerships. The vessels will be built to very high specifications,
and will include the latest in eco-design features giving them a very
competitive operational performance. The vessels will be marketed for long-term
charters, and we have already seen firm interest from leading container
operators."
May 24, 2013
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda
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 69
vessels, including 24 crude oil tankers (VLCC and Suezmax), two chemical
tankers, 12 drybulk carriers, 19 container vessels, including eight
newbuildings, six offshore supply vessels, one jack-up drilling rig, one ultra-
deepwater drillship, two ultra-deepwater semi-submersible drilling rigs and two
car carriers. 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#1704488]
Unternehmensinformation / Kurzprofil:
Datum: 24.05.2013 - 13:36 Uhr
Sprache: Deutsch
News-ID 263327
Anzahl Zeichen: 4160
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SFL - Adding four 8,700 TEU Newbuilding Container Vessels"
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