Ship Finance International Ltd (SFL.N)

SFL.N on New York Stock Exchange

23 Feb 2018
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$0.15 (+1.00%)
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Latest Key Developments (Source: Significant Developments)

Ship Finance International reports preliminary Q3 earnings per share of $0.31‍​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Ship Finance International Ltd :SFL - third quarter 2017 results.Ship Finance International Ltd - preliminary earnings per share for Q3 $0.31‍​.Ship Finance International - preliminary ‍total charter revenues for three months ended Sept 30 $150 million​ versus $150 million for three months ended June 30.  Full Article

Ship Finance International announces offering of convertible senior notes
Friday, 30 Sep 2016 

Ship Finance International Ltd : Ship Finance International Limited announces offering of convertible senior notes . Notes will pay interest quarterly in arrears, have a term of five years, and will be convertible into co's common shares . Unit will enter into share lending agreement with affiliates of Jefferies LLC, one of underwriters of notes offering . Share lending agreement under which unit will lend to share borrower up to 8 million of company's common shares . Intends to offer $200 million aggregate principal amount of convertible senior notes due 2021 .Intends to use net proceeds from offering for repurchase of all or a portion of its existing 3.25% convertible notes.  Full Article

Ship Finance International qtrly earnings per share $0.42
Wednesday, 31 Aug 2016 

Ship Finance International Ltd : Qtrly earnings per share $0.42 . Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S .Qtrly charter revenues $159m versus $174m in last quarter.  Full Article

Ship Finance International agrees to amend terms with Deep Sea Supply PLC
Friday, 22 Jul 2016 

Ship Finance International Ltd : DESS and BTG have now agreed that dess will acquire remaining shares in DESS BTG, with settlement in shares, warrants and some cash . As part of overall transaction, ship finance has agreed to reduce charter rates until may 2018 . Deep Sea Supply to amend financing terms, defer up to $68 million of scheduled debt amortization until march 31, 2018 . Ship Finance International Ltd Says agreed to amend terms of long-term chartering agreements with an affiliate of Deep Sea Supply PLC . Following acquisition, dess will be our charter guarantor going forward . Dess will amend financing terms to extend maturity of three loan facilities which were originally due later this year .To reduce charter rates in exchange for extending charter period by 3 years and introducing a 50/50 profit share on charter revenues.  Full Article

Ship Finance Q1 earnings per share $0.50
Tuesday, 31 May 2016 

Ship Finance International Ltd : Q1 revenue $117.6 million . Reported net operating income pursuant to u.s. Gaap for quarter was $57.2 million, or $0.61 per share . Qtrly earnings per share $0.50 . Q1 earnings per share view $0.63, revenue view $116.3 million -- Thomson Reuters I/B/E/S .First quarter 2016 results.  Full Article


Hedge funds hook shipping stocks grappling for recovery

LONDON Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry.