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. reported its preliminary financial results for Q4 2022, achieving a net profit of $48.5 million ($0.38 per share) and a charter hire of approximately $208 million. The company declared its 76th consecutive quarterly dividend, increasing it to $0.24 per share. With a robust adjusted EBITDA of $127.5 million from consolidated subsidiaries and an additional $7.9 million from related companies, SFL continues to strengthen its portfolio, including four new vessels delivered. The sale of a 2009-built Suezmax crude oil tanker is also in progress, expected to close in Q1 2023.
SFL Corporation Ltd. (NYSE: SFL) will announce its preliminary financial results for Q4 2022 on February 15, 2023. A conference call and webcast will take place on the same day at 10:00 AM (EST) / 4:00 PM (CET), accessible via SFL’s Investor Relations page at www.sflcorp.com. Participants can join through a live webcast or dial-in for a Q&A session. A replay of the conference will be available on SFL's website following the call. The Company has maintained a consistent record of dividends since its NYSE listing in 2004, showcasing its stable maritime operations.
SFL Corporation Ltd. (NYSE: SFL) has engaged Arctic Securities and DNB Markets to organize fixed income investor meetings starting January 13, 2023. A potential USD denominated 4-year senior unsecured sustainability-linked bond may follow, depending on market conditions. Proceeds from this bond issue will be allocated to refinance existing bonds and support general corporate purposes. Established in 2004, SFL has consistently paid dividends each quarter and boasts a diverse fleet of vessels, emphasizing its long-term stability and growth potential in the maritime industry.
On November 14, 2022, SFL Corporation Ltd. reported its preliminary financial results for Q3 2022, showcasing a remarkable net profit of $49.9 million or $0.39 per share. The company declared its 75th consecutive dividend at $0.23 per share, continuing its commitment to shareholder returns. With charter hire totaling $177.5 million and an adjusted EBITDA of $117.7 million, SFL maintains a robust financial position, highlighted by a fixed-rate charter backlog of $3.8 billion.
SFL Corporation Ltd. (NYSE: SFL) has acquired a Pure Car Truck Carrier (PCTC) along with a long-term charter agreement with a prominent car carrier operator, expected to generate a backlog of approximately $65 million until 2028. The company will receive the vessel in Q4 2022, enhancing its revenue potential through additional profit share opportunities linked to fuel savings. SFL has also recently added four Suezmax tankers and a new eco-design feeder container vessel to its fleet, with full revenue impacts anticipated from Q1 2023.
SFL Corporation Ltd. (NYSE: SFL) held its 2022 Annual General Meeting on September 30, 2022, where several resolutions were passed. This included setting the maximum number of Directors to eight and designating casual vacancies for the Board. Directors Kathrine Fredriksen, Gary Vogel, Keesjan Cordia, James O'Shaughnessy, Ole Hjertaker, and Will Homan-Russell were re-elected. The remuneration for the Board was approved at a total of $800,000 for 2022, and an amendment to the bye-laws was also sanctioned.
SFL Corporation Ltd. (NYSE: SFL) will hold its 2022 Annual General Meeting on September 30, 2022. The notice and associated information, including the Company's Annual Report on Form 20-F, are available on their website. Since its NYSE listing in 2004, SFL has consistently paid dividends quarterly. The Company operates a diverse fleet consisting of container vessels, car carriers, tanker vessels, bulkers, and offshore drilling rigs. SFL’s long-term distribution is backed by significant growth and a robust portfolio of long-term charters.
SFL Corporation Ltd. (NYSE: SFL) announced the acquisition of two eco-design feeder container vessels with long-term charters to a European liner company. The vessels are expected to be delivered in Q3 and Q4 2022, contributing approximately $120 million to the fixed rate charter backlog and around $13 million in annual EBITDA. This acquisition reflects SFL's strategy to expand its fleet while ensuring immediate cash flow. CEO Ole B. Hjertaker emphasized the transaction's attractiveness due to the investment-grade counterpart and favorable terms for reducing asset exposure.
The upcoming second quarter results presentation for SFL is scheduled for August 17, 2022. The presentation will provide preliminary financial insights as the company continues to assess market conditions and performance metrics.
For more detailed information, stakeholders can access the SFL - Second Quarter 2022 Results Presentation.
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