SFL - Appointment of Chief Financial Officer
(Thomson Reuters ONE) -
Press release from Ship Finance International Limited, December 29, 2010
Mr. Eirik Eide has been appointed as Chief Financial Officer in Ship Finance
Management AS. He is 40 years old and currently serves as Head of Corporate
Finance and Head of Shipping Investments in Orkla Finans Kapitalforvaltning AS.
Mr. Eide will take up his new position in January 2011.
Mr. Eide has 12 years experience from both debt and equity capital markets
within the maritime and transportation industries and has previously worked for
DnB NOR and Fortis Bank, two large international shipping banks. He holds a MSc
in Business and Economics degree from the Norwegian School of Management.
Ole B. Hjertaker, Chief Executive Officer in Ship Finance Management AS said in
a comment: "We are pleased to welcome Mr. Eirik Eide as the new Chief Financial
Officer in our organization. Mr. Eide has a broad and relevant international
background from both debt and equity markets, and we are convinced that this
addition to our management team will strengthen our ability to grow the Company
further."
Ship Finance International Limited
December 29, 2010
Hamilton, Bermuda
Contact Persons:
Ole B. Hjertaker: Chief Executive Officer, Ship Finance Management AS
+47 23114011 / +47 90141243
Magnus T. Valeberg: Vice President, Ship Finance Management AS
+47 23114012 / +47 93440960
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 71
vessels, including 30 crude oil tankers (VLCC and Suezmax), two chemical
tankers, eight oil/bulk/ore vessels, 12 drybulk carriers including nine
newbuildings, nine container vessels, six offshore supply vessels, one jack-up
drilling rig, 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.
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 Company 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.
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#1476067]
Unternehmensinformation / Kurzprofil:
Datum: 29.12.2010 - 13:49 Uhr
Sprache: Deutsch
News-ID 50105
Anzahl Zeichen: 4731
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SFL - Appointment of Chief Financial Officer"
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