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. (NYSE: SFL) is an international ship-owning and chartering company with a diversified fleet of tanker vessels, bulkers, container vessels, car carriers and offshore drilling rigs. The news flow around SFL often reflects developments across these segments, including charter activity, fleet renewal and capital allocation decisions.
On this page, readers can follow SFL news related to quarterly earnings releases, dividend declarations, asset sales and charter agreements. Recent announcements have covered preliminary results for multiple quarters, consecutive quarterly cash dividends, and details on how much charter hire is generated from shipping versus energy operations.
SFL’s updates also highlight fleet optimization, such as the sale and redelivery of older dry bulk and container vessels, efficiency upgrades on modern ships, and transactions involving Suezmax tankers. In the energy segment, news items describe the status of the harsh environment drilling rigs Linus and Hercules, including long-term contracts and periods when Hercules is warm stacked pending new employment.
Corporate governance and financing developments appear in SFL’s news as well, including annual general meeting results, board changes, share repurchase authorizations, and information about dividend reinvestment and at-the-market equity programs. Together, these items give investors and observers a view into how SFL manages its maritime infrastructure portfolio, charter backlog and shareholder distributions over time.
For anyone tracking the deep sea freight transportation and offshore drilling space, SFL’s news provides regular insight into contract coverage, asset mix, and the company’s approach to fleet renewal, upgrades and capital structure.
SFL Corporation Ltd. (SFL) has announced the acquisition of four modern Suezmax tankers for a total purchase price of $222.5 million. The vessels, built between 2015 and 2020, feature eco-design enhancements and will be delivered from August to October. They come with six-year time charters to a Koch Industries subsidiary, projected to add about $250 million to SFL’s backlog. The charter includes options for early termination and profit-sharing from vessel sales. This strategic move is aimed at expanding SFL's market presence and leveraging a favorable market cycle.
SFL Corporation Ltd. (NYSE: SFL) will announce its preliminary financial results for Q2 2022 on August 17, 2022. A conference call and webcast for stakeholders is set for 10:00 AM (EST) that same day. Interested parties can access materials on the Investor Relations section of SFL's website. The call will feature a Q&A session, and a replay will be available afterward. SFL has a strong maritime industry presence, having paid dividends quarterly since its NYSE listing in 2004. Further information is accessible at www.sflcorp.com.
SFL Corporation Ltd. (NYSE: SFL) announced its 2022 Annual General Meeting (AGM) to be held on September 30, 2022, with a record date for voting set on August 19, 2022. The Notice of AGM and the Company’s Annual Report on Form 20-F will be accessible on the Company’s website before the meeting. SFL has maintained a consistent quarterly dividend since its NYSE listing in 2004, supported by a diverse fleet including container vessels, car carriers, and offshore drilling rigs. Detailed information can be found at www.sflcorp.com.
SFL Corporation Ltd. (NYSE: SFL) has appointed Mr. Will Homan-Russell as a Director. Homan-Russell brings extensive maritime investment experience, currently serving as Chief Investment Officer at WMC Capital Ltd. He co-founded the Albemarle Shipping Fund and previously worked at Tufton Oceanic Limited from 2003 to 2018. His academic background includes an MA in Mathematics from Oxford University and an MSc in Finance from London Business School. SFL has paid dividends quarterly since its NYSE listing in 2004 and operates a diverse fleet supported by long-term charters.
The preliminary results for SFL's first quarter of 2022 will be presented on May 12, 2022. Investors can access the details through the associated attachment. Comprehensive financial metrics and updates are expected to be included in the presentation.
SFL Corporation Ltd. announced its preliminary Q1 2022 results, declaring a $0.22 per share dividend—the 73rd consecutive quarterly dividend. Operating revenue reached approximately $152.4 million, with a net profit of $47.0 million. The company received around $165.9 million in charter hire and reported adjusted EBITDA of $111.3 million. New charters for six container vessels to Hapag-Lloyd AG add $540 million to the backlog, while the sale of two VLCCs and one container vessel netted approximately $83 million.
SFL Corporation Ltd. (SFL) will release its preliminary financial results for Q1 2022 on May 12, 2022. The Company will host a conference call and webcast at 10:00 AM EST / 4:00 PM CET, with materials available on its Investor Relations page. Listeners can join via webcast or conference call using the details provided. A Q&A session will follow the presentation. SFL has a strong track record in the maritime industry, paying dividends quarterly since its NYSE listing in 2004, with a diverse fleet of container vessels, bulkers, tankers, and offshore drilling rigs.
SFL Corporation Ltd. (NYSE: SFL) announced the sale of two 2004-built VLCCs, Front Energy and Front Force, to an unrelated third party for approximately $70 million. This includes compensation from Frontline Ltd. for early charter termination. The transaction is expected to close by early Q2, generating a book gain of $2 million. The sale is part of SFL's strategy to renew its fleet, with proceeds reinvested in new assets. Post-sale, SFL will not have any vessels chartered to Frontline Ltd.
SFL Corporation Ltd. (NYSE: SFL) has filed its Annual Report on Form 20-F for the financial year ended December 31, 2021, with the U.S. Securities and Exchange Commission. The report includes comprehensive audited financial statements for 2021 and can be accessed via SFL's website or the SEC's site. Shareholders can request a hard copy of the report free of charge. SFL has maintained a consistent dividend payment history since its NYSE listing in 2004, with its fleet comprising various vessels supported by long-term charters.
SFL Corporation Ltd. (NYSE: SFL) announces a five-year charter agreement for six 14,000 TEU container vessels with Hapag-Lloyd AG, effective after current contracts expire in 2023-2024. This deal enhances SFL's charter backlog by approximately $540 million, raising it to $3.8 billion. CEO Ole B. Hjertaker emphasized the significance of this partnership, stating it underscores SFL's operational strength and time charter strategy. The company has added over $1 billion to its charter backlog in Q1 2022, providing strong earnings visibility.