SFL Corporation Ltd. reports developments for an international ship-owning and chartering business with a fleet that includes tanker vessels, bulkers, container vessels, car carriers and offshore drilling rigs. Company updates center on preliminary quarterly results, cash dividends, long-term charter activity, vessel sales and investments, and contract activity tied to offshore drilling assets such as the semi-submersible rig Hercules.
SFL news also includes annual general meeting notices, Form 20-F annual report announcements and presentation materials for earnings calls. The company’s disclosures frequently connect operating revenue, charter hire, fleet employment and asset transactions to its maritime and energy-related asset base.
SFL Corporation Ltd. (NYSE: SFL) has secured a contract with a leading European automaker to charter two new dual-fuel car carriers for ten years, adding over $200 million to its fixed-rate charter backlog. This agreement includes utilizing current vessels until delivery of the new ones, which will be built in China. The firm is focusing on eco-friendly solutions by aiming to use bio-fuel for existing ships. With this deal, SFL's charter backlog will exceed $2.4 billion, reflecting its strategy to invest in sustainable shipping assets.
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SFL Corporation Ltd. (NYSE: SFL) has announced that its 2021 Annual General Meeting will take place on May 26, 2021. The notice and related documents, including the Annual Report on Form 20-F, are accessible on the Company’s website. SFL boasts a strong maritime industry presence, having consistently paid dividends quarterly since its NYSE listing in 2004. The Company operates a diverse fleet of over 80 vessels, encompassing tankers, bulkers, container vessels, and offshore drilling rigs, underpinned by long-term charters and a growing asset base.
SFL Corporation Ltd. (NYSE: SFL) will hold its 2021 Annual General Meeting on May 26, 2021. The record date for voting is set for April 9, 2021. The notice and agenda will be distributed prior to the meeting. SFL has maintained a strong track record in the maritime industry, paying dividends every quarter since its NYSE listing in 2004 and operating a fleet of over 80 vessels. The company emphasizes its growth potential and stability through long-term charters.
SFL Corporation Ltd. (NYSE: SFL) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. Securities and Exchange Commission. The report, which includes audited financial statements, is accessible on SFL's website and the SEC's site. Shareholders can request a free hard copy of the report. SFL, which has been consistent in dividend payments since its NYSE listing in 2004, operates a fleet of over 80 vessels, supported by long-term charters and a growing asset base.
SFL Corporation Ltd. reported preliminary Q4 2020 results, declaring a quarterly cash dividend of $0.15 per share, marking the 68th consecutive dividend. The company recorded operating revenue of approximately $115 million but faced a net loss of $165 million due to a $187 million negative impact from a drilling rig. Charter hire for the quarter was around $144 million, with an adjusted EBITDA of $96.1 million. The dividend will be paid on or around March 30, 2021.
SFL Corporation Ltd. (SFL) will announce its preliminary financial results for Q4 2020 on February 17, 2021. A conference call and webcast will be held at 10:00 AM EST that same day, accessible via the company's website. Participants can join the call through a US toll-free number +1 877 870 9135 or an international number +47 21 56 30 15, using conference ID 8577693. A Q&A session will follow the presentation, and a replay will be available for seven days.
SFL has maintained a consistent dividend distribution since 2004, operating a diverse fleet exceeding 80 vessels.
SFL Corporation Ltd. (NYSE: SFL) announced that Seadrill Ltd. has filed for Chapter 11 bankruptcy in Texas. In response, SFL secured agreements for two drilling rigs it leases to Seadrill to ensure continued operation. SFL will receive about 75% of leasing revenues sufficient to cover debt service for these rigs. However, the rig West Taurus is expected to be returned to SFL, resulting in a projected $187 million negative book adjustment in Q4 2020. The situation remains uncertain, but SFL is in talks with Seadrill and banks for a resolution.