% | $
Quotes you view appear here for quick access.

Ship Finance International Limited Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • purdu11 purdu11 Feb 6, 2009 10:04 AM Flag

    What's with SFL today

    sfl is not a shipping stock is is a financial stock. Do your research.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You better go review your homework. Don't let the name create you definitions. The company profile shows that SFL owns and operates 58 vessels. It is also involved in charter, purchase, and sale of vessels.

      • 2 Replies to tx_rodmaster
      • Not correct.

        Think you need to do your research as SFL certainly owns and leases ships - tankers and dry bulk, drilling rigs and other things. They do not however operate any of them. They are leased mostly to FRO or various companies associated with FRO. The banking discussion coming on monday will be huge to see if lending loosens up and interest rates drop. That would be a huge direct assist to SFL by reducing borrowing costs and improve the world economy.

        From their website: Ship Finance International Limited is a major shipowning company listed on the New York Stock Exchange (NYSE: SFL). Including newbuildings, the Company owns a fleet of 70 vessels, including 33 crude oil tankers (VLCC and Suezmax), two chemical tankers, eight oil/bulk/ore vessels, 13 container vessels, three dry bulk carriers, six offshore support vessels, two jack-up drilling rigs and three ultra-deepwater drilling units. The fleet is one of the largest in the world with a total cargo capacity of more than 11 million dwt. All vessels are employed on medium or long term charters.


      • tx

        Darn, you replied before I did and messed up my hurtful and demeaning (yet witty) post. Now I can't vent all my frustrations on purdu...

        At least you threw me a bone so here it goes...

        Yeah, purdu also thinks that the Patriot Act if for patriots, and the Fair Labor Standards Act is fair, and the the Protect America Act protects americans, etc...

        The world needs all kinds of people... or so I've heard some say...

15.96+0.41(+2.64%)May 25 4:02 PMEDT