SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the "Company") announces the appointment of Mr. Will Homan-Russell as a Director of the Company. Mr. Homan-Russell is an experienced professional investor in the maritime sector, currently serving as Chief Investment Officer of UK based WMC Capital Ltd., where he cofounded Albemarle Shipping Fund. From 2003 to 2018 he worked for Tufton Oceanic Limited, a fund management company specializing on investments in the maritime and energy sectors. Mr....
Please find enclosed the presentation of the preliminary first quarter results to be held on May 12, 2022, in the link below. Attachment SFL Q1 2022...
Preliminary Q1 2022 results and increased quarterly cash dividend of $0.22 per share Hamilton, Bermuda, May 12, 2022. SFL Corporation Ltd. (“SFL” or the “Company”) today announced its preliminary financial results for the quarter ended March 31, 2022. Highlights 73 rd consecutive quarterly dividend declared, $0.22 per share Operating revenue of approximately $152.4 million, and net profit of $47.0 million in the first quarter Received charter hire 1 of approximately $165.9 million in the...
SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the first quarter of 2022 on Thursday, May 12, 2022. SFL plans to host a conference call and webcast for all stakeholders and interested parties on Thursday, May 12, 2022, at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will be available from the Investor Relations section of the Company’s website at www.sflcorp.com on the same day. In order to listen to the presentation...
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the "Company") announces that it has agreed to sell the 2004-built VLCCs Front Energy and Front Force to an unrelated third party. The sales proceeds to SFL are estimated to be approximately $70 million including a compensation from Frontline Ltd. for the early termination of the existing charter. Delivery of the vessels to the...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the "Company") announces that its annual report on Form 20-F for the financial year ended December 31, 2021 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "Commission"). The Annual Report may be accessed through SFL's website, www.sflcorp.com, or directly in the link below. The Annual Report is also available on the website of the Commission at www.sec.gov. Shareholders may also receive a hard copy of the...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to charter out six 14,000 TEU container vessels to Hapag-Lloyd AG for a fixed period of five years, following the expiry of the vessels’ existing charters to another container line in 2023-2024. The vessels will then have charter coverage until 2028-2029 at firm rates, reflecting the current strong container market. The new time charter contracts will add approximately $540 million to SFL’s...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to make changes to the chartering and management structure of the harsh environment jack-up drilling rig West Linus. The rig was delivered in 2014, and is currently operated by a subsidiary of Seadrill Ltd. (“Seadrill”) and employed on a long-term drilling contract with ConocoPhillips Skandinavia AS in the North Sea until the fourth quarter of 2028. In February 2021, Seadrill and a number of...
Please find enclosed the presentation of the preliminary fourth quarter results to be held February 16, 2022, in the link below. Attachment SFL - Fourth Quarter 2021 Results Presentation...
P reliminary Q4 20 2 1 results and increased quarterly cash dividend of $ 0. 20 per share Hamilton, Bermuda, February 16, 2022. SFL Corporation Ltd. (“SFL” or the “Company”) today announced its preliminary financial results for the quarter ended December 31, 2021. Highlights 72 nd consecutive quarterly dividend declared, $0.20 per share Operating revenue of approximately $152.1 million, and net profit of $80.1 million in the fourth quarter Received charter hire 1 of approximately $165.8...
SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the fourth quarter of 2021 on Wednesday, February 16, 2022. SFL plans to host a conference call and webcast for all stakeholders and interested parties on Wednesday, February 16, 2022, at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will be available from the Investor Relations section of the Company’s website at www.sflcorp.com on the same day. In order to listen to the...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to acquire four modern Aframax LR2 product tankers for an aggregate purchase price of $160 million in combination with long term time charters to a subsidiary of Trafigura, a world-leading commodity trading and logistics company. The vessels are built in 2014 and 2015 and have modern eco-design features including exhaust gas cleaning systems. The Company expects to take delivery of the vessels...
Please find enclosed the presentation of the preliminary third quarter results to be held November 10, 2021, in the link below. Attachment SFL - Third Quarter 2021 Results Presentation...
Preliminary Q3 2021 results and increased quarterly cash dividend of $0.18 per share Hamilton, Bermuda, November 10, 2021. SFL Corporation Ltd. (“SFL” or the “Company”) today announced its preliminary financial results for the quarter ended September 30, 2021. Highlights 71 st consecutive quarterly dividend declared, $0.18 per share Operating revenue of approximately $135.4 million, and net profit of $33.2 million in the third quarter Received charter hire 1 of approximately $155.9...
SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the third quarter of 2021 on Wednesday, November 10, 2021. SFL plans to host a conference call and webcast for all stakeholders and interested parties on Wednesday, November 10, 2021, at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will be available from the Investor Relations section of the Company’s website at www.sflcorp.com on the same day. In order to listen to the...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) today announced that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an aggregate price of approximately $100 million. Delivery of the vessels is expected to take place before year end, and net cash proceeds are estimated to be more than $50 million after repayment of associated debt. The Company expects to record aggregate book gains of more than $40 million from the sale of the vessels. The...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to acquire three Suezmax tankers in combination with long term time charters to a world-leading commodity trading and logistics company. The vessels are built in 2019 and have the latest eco-design features, including exhaust gas cleaning systems. The Company expects to take delivery of the vessels in the fourth quarter. The charter period of the vessels will be for minimum five years with...
Please find enclosed the presentation of the preliminary second quarter results to be held August 18, 2021, in the link below. Attachment SFL - Second Quarter 2021 Results Presentation...
P reliminary Q 2 20 2 1 results and quarterly cash dividend of $ 0. 1 5 per share Hamilton, Bermuda, August 18, 2021. SFL Corporation Ltd. (“SFL” or the “Company”) today announced its preliminary financial results for the quarter ended June 30, 2021. Highlights 70 th consecutive quarterly dividend declared, $0.15 per share Operating revenue of approximately $116.8 million, and net profit of $19.5 million in the second quarter Received charter hire 1 of approximately $141.5 million in the...
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has entered into long term charters with a leading Asia-based transportation company for two ultra-modern dual-fuel car carriers, designed to use liquified natural gas (LNG). The vessels are sister vessels of the two 7,000 CEU Pure Car and Truck Carriers under construction, chartered to the Volkswagen Group, and scheduled delivery from the shipyard is in Q1-Q2 of 2024. The aggregate construction cost will...