SFL - Appointment of Gary S. Vogel as Director and delivery of a 19,200 TEU container vessel
(Thomson Reuters ONE) -
Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or the
"Company"), today announced the appointment of Mr. Gary S. Vogel to the Board of
Directors to fill a vacancy on the Board.
Mr. Vogel (50) has a long career in the dry bulk shipping market and is
currently Chief Executive Officer of Eagle Bulk Shipping Inc, a US-listed owner
and operator of geared dry bulk vessels. Previously Mr. Vogel served as CEO of
Clipper Group in Denmark. For further biographical information, please visit the
Company's website www.shipfinance.bm.
Hans Petter Aas, Chairman in Ship Finance, said in a comment: "We are very
pleased that Mr. Vogel has accepted a directorship in Ship Finance. I am
confident that his broad international background and experience both in the dry
bulk market and the capital markets will make a good contribution to the
continued growth and diversification of Ship Finance."
The Company has today also taken delivery of MSC Anna, the first of two 19,200
TEU container vessels from Huyndai Heavy Industries, Korea. The vessel is
chartered out for a period of 15 years, and lease financing has been secured for
the full term of the charter. The second vessel is expected to be delivered in
the first quarter of 2017.
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda
About Ship Finance
Ship Finance International Limited (NYSE: SFL) has an unprecedented track record
in the maritime industry, being consistently profitable and paying dividends
every quarter since 2004. The Company's fleet of more than 70 vessels is split
between tankers, bulkers, container vessels and offshore assets, and Ship
Finance's long term distribution capacity is supported by a portfolio of long
term charters and significant growth in the asset base over time.
More information can be found on the Company's website: www.shipfinance.bm
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 Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ship Finance International Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 21.12.2016 - 15:08 Uhr
Sprache: Deutsch
News-ID 514324
Anzahl Zeichen: 4402
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SFL - Appointment of Gary S. Vogel as Director and delivery of a 19,200 TEU container vessel"
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