Ship Finance International Ltd is a Bermuda-based company incorporated in Bermuda on October 10, 2003, as a Bermuda exempted company under the Bermuda Companies Law of 1981. It is an 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. The Company's assets consists of approximately 16 oil tankers, 22 dry bulk carriers, 20 container vessels including one newbuilding, two car carriers, two jack-up drilling rigs, two ultra-deepwater drilling units, five offshore supply vessels, two chemical tankers and two newbuilding oil product tankers. The Company's oil tankers, chemical tankers and oil product tankers are all double-hull vessels. The Company operates through subsidiaries, partnerships and branches located in Bermuda, Cyprus, Malta, Liberia, Norway, Singapore, the United Kingdom and the Marshall Islands. The Company's customers include Frontline, Golden Ocean, Seadrill, Sinochem Shipping Co. Ltd., China National Chartering Co Ltd, Heung-A Shipping Co. Ltd., Hyundai Glovis Co. Ltd., Maersk Line A/S, Rudolf A. Oetker KG, Hanjin Shipping, PT Apexindo Pratama Duta, Orient Overseas Container Line Ltd, MSC Mediterranean Shipping Company S.A., UFC and Deep Sea Supply BTG AS, which is a joint venture owned 50% by Deep Sea Supply Plc., or Deep Sea, and 50% by BTG Pactual Oil & Gas Empreendimentos e Particapacoes S.A., or BTG Pactual. The Company is subject to various international conventions, laws and regulations in force in the countries in which its vessels and drilling units may operate or are registered.
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