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SFL Corporation Ltd. - $SFL STOCK NEWS

Welcome to our dedicated page for SFL Corporation Ltd. news (Ticker: $SFL), a resource for investors and traders seeking the latest updates and insights on SFL Corporation Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SFL Corporation Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SFL Corporation Ltd.'s position in the market.

News
SFL - 2024 AGM Results Notification
Rhea-AI Summary

SFL held its 2024 Annual General Meeting on April 29, 2024, where audited financial statements were presented. Important resolutions included setting the maximum number of Directors, re-electing current Directors, and approving auditors' remuneration. The Company also approved the Board of Directors' remuneration for 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
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News
SFL - Acquisition of two LNG dual-fuel chemical carriers in combination with long term employment
Rhea-AI Summary
SFL (NYSE: SFL) has agreed to acquire two LNG dual-fuel chemical carriers for approximately $114 million. The vessels are set to be delivered between June and August this year and will be employed for a minimum of eight years. SFL has secured long-term employment for the vessels with affiliates of Stolt Tankers, a subsidiary of Stolt-Nielsen The transaction marks another accretive investment for SFL, adding sophisticated chemical carriers to its fleet. The vessels will join the six LNG dual-fuel vessels already in SFL's fleet, showcasing the Company's ability to expand its maritime assets with vessels suitable for long-term charters to industry-leading companies. The market dynamics for stainless-steel chemical tankers are favorable, with steady growth in demand, an aging fleet, and a order book. The acquisition provides SFL with the opportunity to participate in a strong market and increase its charter backlog. The partnership with Stolt-Nielsen aims to lower the age profile and carbon intensity of the fleet while enhancing flexibility in the core 33,000 deadweight segment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
acquisition
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News
SFL - Notice of exercise of call option
Rhea-AI Summary
SFL (NYSE: SFL) has exercised the call option to redeem all outstanding bonds under its senior secured bond issue 2019/2024 with ISIN NO0010853609. This decision was made known through a notification to Nordic Trustee AS. The company is taking steps to manage its financial obligations and optimize its capital structure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.01%
Tags
none
News
SFL - Notice of Annual General Meeting 2024
Rhea-AI Summary
SFL (NYSE: SFL) announces the 2024 Annual General Meeting scheduled for April 29, 2024. Shareholders can access related information on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
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none
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News
SFL - Successful placement of 4-year sustainability-linked bonds
Rhea-AI Summary
SFL successfully issued USD 150 million senior unsecured sustainability-linked bonds with an 8.25% coupon, aiming to refinance existing debts and for general corporate use.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
none
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News
SFL - Fixed Income Investor Meetings
Rhea-AI Summary
SFL plans to engage in fixed income investor meetings and potentially issue a USD denominated senior unsecured bond. The net proceeds will be used for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
News
SFL - Notice of Annual General Meeting 2024
Rhea-AI Summary
SFL announces the 2024 Annual General Meeting to be held on April 29, 2024. The record date for voting is April 2, 2024. Details will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
none
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News
SFL - Acquisition of three newbuild LR2 product tankers in combination with long term charters
Rhea-AI Summary
SFL (NYSE: SFL) has agreed to acquire three new LR2 product tankers for $230 million with long term charters to a leading energy company. The vessels, under construction in China, have eco-design features. The purchase price aligns with independent valuations. Delivery is expected between the second and fourth quarter, with a charter period of at least five years. The charterer can buy the vessels after five and eight years, with profit-sharing with SFL.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
acquisition
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News
SFL - Filing of Annual Report 2023 on form 20-F
Rhea-AI Summary
SFL (NYSE: SFL) has filed its annual report on Form 20-F for the financial year ended December 31, 2023. The report includes the company's audited financial statements for 2023 and can be accessed on SFL's website or the SEC's website. Shareholders can also request a hard copy for free. Contact information for inquiries is provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none
News
SFL - Fourth Quarter 2023 Results
Rhea-AI Summary
SFL Corporation Ltd. announced its preliminary financial results for Q4 2023, with a net profit of $31.4 million, an increased quarterly cash dividend of $0.26 per share, and other key highlights. The company continues its 80th consecutive quarterly dividend, showcasing financial stability and growth in charter revenues. The CEO highlighted the company's evolution into a leading maritime infrastructure company with a modern fleet of vessels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
earnings
Stock SFL logo
SFL Corporation Ltd.

NYSE:SFL

SFL Rankings

#1943 Ranked by Market Cap
#1609 Ranked by Stock Gains
#344 Ranked by Dividends

SFL Stock Data

1.87B
99.87M
24.63%
29.43%
1.1%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
14 Par La Ville Road

About SFL

sfl corporation ltd. engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. it is also involved in the charter, purchase, and sale of assets. in addition, the company operates in various sectors of the shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, drilling rigs, and offshore support vessels. as of december 31, 2019, it had a fleet of 81 vessels and rigs. it operates in bermuda, cyprus, malta, liberia, norway, the united kingdom, and the marshall islands. the company was formerly known as ship finance international limited and changed its name to sfl corporation ltd. in september 2019. sfl corporation ltd. was founded in 2003 and is based in hamilton, bermuda.