Ship Finance International traded at $12.35 this Friday August 14th, increasing $0.25 or 2.07 percent since the previous trading session. Looking back, over the last four weeks, Ship Finance International gained 9.10 percent. Over the last 12 months, its price rose by 36.62 percent. Looking ahead, we forecast Ship Finance International to be priced at 11.85 by the end of this quarter and at 10.49 in one year, according to Trading Economics global macro models projections and analysts expectations.
SFL Corporation Ltd., formerly Ship Finance International Limited, is a holding, and international ship owning and chartering company. The Company is engaged in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. It has a fleet of approximately 90 vessels, including tankers, bulkers, container vessels and offshore assets. Its oil tankers, chemical tankers and oil product tankers are all double-hull vessels. It has over nine asset types, including crude oil tankers, oil product tankers, chemical tankers, container vessels, car carriers, dry bulk carriers, jack-up drilling rigs, ultra-deepwater drilling units and offshore supply vessels. Its assets consist of a fleet of Suezmax tankers, crude carriers and oil/bulk/ore carriers.