SFL - First Quarter 2012 Results
Ship Finance International Limited (NYSE: SFL) - Earnings Release
Reports preliminary 1Q 2012 results and increased quarterly dividend of $0.39 per share
Hamilton, Bermuda, May 24, 2012. Ship Finance International Limited ("Ship Finance" or the "Company") today announced its preliminary financial results for the quarter ended March 31, 2012.
Highlights
The Board of Directors has declared a quarterly dividend of $0.39 per share.
$13.6 million, or $0.17 per share, accumulated in cash sweep from Frontline.
$1.4 million, or $0.02 per share, accumulated in profit share in excess of the original base rates.
During the first quarter 2012, the Company took delivery of four drybulk newbuildings.
In April 2012, the Company terminated five bareboat charters with Horizon Lines and received $40 million in second-lien bonds plus equity Warrants as compensation.
Selected key financial data for the quarter compared to the previous quarter.
- more her:
http://www.shipfinance.bm/index.php?id=462&pressrelease=1614669.html
Business Summary
Ship Finance International Limited, through its subsidiaries, engages in the ownership and operation of vessels and offshore related assets in Bermuda, Cyprus, Malta, Liberia, Norway, the United States, Singapore, the United Kingdom, and the Marshall Islands. The company also involves in the charter, purchase, and sale of assets. As of March 22, 2011, it owned 29 oil tankers, 8 oil/bulk/ore carriers, 3 dry bulk carriers, 9 container vessels, 2 jack-up drilling rigs, 3 ultra-deepwater drilling units, 6 offshore supply vessels, and 2 chemical tankers. The company offers its services to various sectors of shipping and offshore industry, including oil transportation, drybulk shipments, chemical transportation, container transportation, drilling rigs, and offshore supply vessels. Ship Finance International Limited was founded in 2003 and is based in Hamilton, Bermuda.
Ship Finance International Limited (NYSE: SFL) - Earnings Release
Reports preliminary 1Q 2012 results and increased quarterly dividend of $0.39 per share
Hamilton, Bermuda, May 24, 2012. Ship Finance International Limited ("Ship Finance" or the "Company") today announced its preliminary financial results for the quarter ended March 31, 2012.
Highlights
The Board of Directors has declared a quarterly dividend of $0.39 per share.
$13.6 million, or $0.17 per share, accumulated in cash sweep from Frontline.
$1.4 million, or $0.02 per share, accumulated in profit share in excess of the original base rates.
During the first quarter 2012, the Company took delivery of four drybulk newbuildings.
In April 2012, the Company terminated five bareboat charters with Horizon Lines and received $40 million in second-lien bonds plus equity Warrants as compensation.
Selected key financial data for the quarter compared to the previous quarter.
- more her:
http://www.shipfinance.bm/index.php?id=462&pressrelease=1614669.html
Business Summary
Ship Finance International Limited, through its subsidiaries, engages in the ownership and operation of vessels and offshore related assets in Bermuda, Cyprus, Malta, Liberia, Norway, the United States, Singapore, the United Kingdom, and the Marshall Islands. The company also involves in the charter, purchase, and sale of assets. As of March 22, 2011, it owned 29 oil tankers, 8 oil/bulk/ore carriers, 3 dry bulk carriers, 9 container vessels, 2 jack-up drilling rigs, 3 ultra-deepwater drilling units, 6 offshore supply vessels, and 2 chemical tankers. The company offers its services to various sectors of shipping and offshore industry, including oil transportation, drybulk shipments, chemical transportation, container transportation, drilling rigs, and offshore supply vessels. Ship Finance International Limited was founded in 2003 and is based in Hamilton, Bermuda.
25/5 2012 07:26 fcras 057361
Fredriksen-aksje steg kraftig i USA
(Hegnar.no - 25.5.12 07:54)
De fleste norske aksjene i New York og Toronto så rødt torsdag. En av John Fredriksens investeringer var hederlig unntak.
De norske aksjene i USA falt alle torsdag - målt i dollar. Seadrill og Yara falt ca. 2,0 prosent, mens Ship Finance steg hele 8,5 prosent. Sammenlignet med sluttkursen i det unoterte markedet i går, er utslaget mye større.
http://www.hegnar.no/bors/article694319.ece
(Hegnar.no - 25.5.12 07:54)
De fleste norske aksjene i New York og Toronto så rødt torsdag. En av John Fredriksens investeringer var hederlig unntak.
De norske aksjene i USA falt alle torsdag - målt i dollar. Seadrill og Yara falt ca. 2,0 prosent, mens Ship Finance steg hele 8,5 prosent. Sammenlignet med sluttkursen i det unoterte markedet i går, er utslaget mye større.
http://www.hegnar.no/bors/article694319.ece