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TheStreet Open House

Ship Finance International Limited Q1 2010 Earnings Call Transcript

Ship Finance International Limited (SFL)

Q1 2010 Earnings Call

May 20, 2010 10:30 am ET

Executives

Ole Hjertaker - Chief Executive Officer, Chief Executive Officer of Ship Finance Management AS and Interim Chief Financial Officer of Ship Finance Management AS

Analysts

Jonathan Chappell - JP Morgan Chase & Co

John Parker - Jefferies

Justine Fisher - Goldman Sachs

Justine Fisher - Goldman Sachs Group Inc.

Presentation

Operator

Good day, and welcome to the Ship Finance International Q1 2010 Earnings Release Conference Call. [Operator Instructions] At this time, I would like to turn the conference over to Mr. Ole Hjertaker, CEO. Please go ahead, sir.

Ole Hjertaker

Thank you, and welcome to Ship Finance International and the First Quarter Conference Call. My name is Ole Hjertaker, and I'm the CEO in Ship Finance Management. And with me here today I also have Harald Gurvin, Senior Vice President; and Magnus T. Valeberg, who is the Vice President of the company.

Before we begin our presentation today, I would like to note that this conference call will contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as expects, anticipates, intends, estimates or similar expressions are intended to identify these forward-looking statements.

These statements are based on our current plans and expectations and involve risks and uncertainties that could cause future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors that could cause actual results to differ include conditions in the shipping, offshore and credit markets. For further information, please refer to Ship Finance's reports and filings with the Securities and Exchange Commission.

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