It took place between 7 and 12 March 2007 with the previous year's runners-up, the United States, winning the event for a record fifth time, breaking Norway's previous record of four championships, by defeating Denmark, 2-0, in the final game.

Sweden ended up third defeating France, 3-1, in the bronze medal game.

[1] The twelve invited teams were split into three groups that played a round-robin tournament.

Groups A and B, containing the strongest ranked teams, were the only ones in contention to win the title.

In the case of two teams being tied on the same number of points in a group, their head-to-head result determined the higher placed.