Welcome to our dedicated page for Sfl Corporation news (Ticker: SFL), a resource for investors and traders seeking the latest updates and insights on Sfl Corporation stock.
SFL Corporation Ltd (SFL) provides essential maritime transportation services through its diversified fleet of vessels and offshore assets. This news hub delivers timely updates on corporate developments, financial results, and operational milestones critical for understanding the company's position in global shipping markets.
Access official press releases and verified news covering charter agreements, fleet expansions, and strategic partnerships. Our curated collection helps stakeholders monitor SFL's activities across key segments including oil transportation, container shipping, and offshore energy logistics.
Discover updates on vessel acquisitions, dividend announcements, and regulatory compliance matters. The archive serves investors and industry professionals seeking to track SFL's performance in volatile freight markets and evolving environmental regulations.
Bookmark this page for direct access to SFL's latest financial disclosures, operational reports, and management commentary. Regular updates ensure you maintain current awareness of this NYSE-listed company's maritime operations and market positioning.
SFL Corporation Ltd. (NYSE: SFL) has announced the sale of the 2010-built suezmax tanker Everbright to an unrelated third party for approximately $41.1 million. The vessel was debt-free at the end of Q1 2023, and a book gain of about $6.4 million is anticipated in Q2 due to this sale. This divestment aligns with SFL's strategy to renew and diversify its fleet, with plans to reinvest the net cash proceeds into new assets. SFL has a long-standing history of consistent dividend payments since its NYSE listing in 2004 and operates a diverse fleet of vessels, contributing to a strong distribution capacity supported by long-term charters.
SFL Corporation Ltd. (NYSE: SFL) has announced the sale of two 2008-built chemical tankers, SFL Weser and SFL Elbe, for approximately $19.5 million. The vessels, which have been operating in the spot market for two years, are expected to be delivered to the buyer in Q2. A book impairment of around $7 million will be recorded in Q1 due to this sale. Additionally, the company confirmed the delivery of the Glorycrown tanker, sold for $43.5 million, resulting in a $9 million book gain. SFL focuses on renewing its fleet, and proceeds will be reinvested into new assets.
The preliminary results presentation for the fourth quarter of 2022 for SFL is scheduled for February 15, 2023. This presentation will cover key metrics and financial performance insights relevant to the fourth quarter results. The link to download the detailed presentation is provided.
Investors can expect to gain important updates about SFL's performance during this period, including revenue figures and other essential financial data.
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