Press release from Ship Finance International Limited March 24, 2009
Ship Finance International Limited (NYSE: SFL) announces that the Company has filed its annual report on Form 20-F for the year ended December 31, 2008.
The annual report can be downloaded from the Company’s website at www.shipfinance.org. Shareholders can also request a hard copy of our complete audited financial statements free of charge upon request by writing us at:
Ship Finance International Limited
PO Box HM 1593, Par-la-Ville Place
14 Par-la-Ville Road
Hamilton HM 08 Bermuda
or send an e-mail to: ir@shipfinance.no
In connection with the filing of the 2008 annual report, the Company’s filing status with the Securities and Exchange Comission (SEC) will change. Our current shelf registration statement and other active filings with the SEC will therefore be amended over the next few weeks. This does not represent additional offering of our common stock or other securities at this stage.
March 24, 2009
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 68 vessels, including 33 crude oil tankers (VLCC and Suezmax), two chemical tankers, eight oil/bulk/ore vessels, one dry-bulk carrier, 13 container vessels, six offshore supply vessels, two 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.
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.