SFL adds $750M to charter backlog with extensions

SFL secures seven-year charter extensions on six large container ships, adding about $750 million to its fixed-rate backlog and lifting total backlog to roughly $4.6 billion.

Rhea-AI Filing Summary

SFL Corp Ltd. (SFL) extended charters for six 15,400 TEU container vessels with Hapag-Lloyd AG for an additional seven years, giving these ships firm charter coverage until 2035–2036 at fixed rates. The new time charter contracts add approximately $750 million to SFL’s fixed rate charter backlog, increasing the backlog to about $4.6 billion. Management notes that more than $1 billion has been added to charter backlog during 2026, supporting earnings visibility and long-term distribution capacity.

Positive

• $750 million of additional fixed-rate charter backlog from seven-year extensions on six 15,400 TEU vessels with Hapag-Lloyd, lifting total backlog to about $4.6 billion and enhancing revenue visibility.
• Management reports adding more than $1 billion to charter backlog during 2026, which it states underpins strong earnings visibility and supports long-term distribution capacity.

Negative

• None.

Filing Explained

The reported approximately $4.6 billion fixed-rate backlog is broader than the six extended vessels: as of June 30, 2026, it includes fully owned vessels and rigs, 100% of four partially owned 19,000-TEU container vessels SFL manages, and subsequent transactions.

Key Figures

New charter backlog added: $750 million Total fixed-rate charter backlog: $4.6 billion Backlog added in 2026: More than $1 billion +5 more

8 metrics

New charter backlog added $750 million Approximate fixed-rate charter backlog from new time charters for six vessels

Total fixed-rate charter backlog $4.6 billion Backlog after including the new seven-year charters

Backlog added in 2026 More than $1 billion Charter backlog added during 2026 as stated by CEO

Number of vessels extended 6 vessels Container vessels with new seven-year charters to Hapag-Lloyd

Vessel size 15,400 TEU Capacity of each of the six container vessels with extended charters

Charter extension length Seven years Additional term of the time charter contracts with Hapag-Lloyd

Charter coverage horizon 2035–2036 Period until which the six vessels will have firm charter coverage

Dividend track record Every quarter since 2004 Company states it has paid dividends each quarter since NYSE listing in 2004

Key Terms

time charter, charter backlog, TEU, forward looking statements, +1 more

5 terms

time charter financial

"The new time charter contracts will add approximately $750 million"

A time charter is an agreement where a ship owner rents out their vessel to a customer for a set period, during which the customer has control over the ship’s use and operation. This arrangement matters to investors because it provides a steady income stream for the ship owner and indicates ongoing demand for shipping services, reflecting the health of global trade and transportation markets.

charter backlog financial

"add approximately $750 million to SFL’s fixed rate charter backlog"

TEU technical

"charter extension for six 15,400 TEU container vessels"

TEU stands for twenty-foot equivalent unit, a standard measure of containerized cargo capacity equal to one 20-foot long shipping container. Investors use TEUs to compare the size, throughput and utilization of ships, ports and logistics networks—think of it as counting parking spots for containers—which affects revenue potential, shipping costs and the flow of goods that influence supply chains and company earnings.

forward looking statements regulatory

"Cautionary Statement Regarding Forward Looking Statements"

Statements about a company’s expected future performance, plans, goals, or projections that are not historical facts and involve assumptions and estimates. Investors care because these are predictions that guide decisions but can be wrong; like a weather forecast, they help set expectations and risk — if circumstances change, actual results may differ significantly, so investors should weigh them alongside hard data and risk factors.

seaborne transportation industry financial

"general market conditions in the seaborne transportation industry"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What charter extension did SFL (SFL) announce in this 6-K?

SFL announced it agreed a charter extension for six 15,400 TEU container vessels with Hapag-Lloyd AG for an additional seven years, giving these ships charter coverage until 2035–2036 at firm rates.

How much backlog does the new SFL (SFL) charter extension add?

The new time charter contracts are expected to add approximately $750 million to SFL’s fixed-rate charter backlog, increasing the backlog to about $4.6 billion according to the company.

What is SFL’s total fixed-rate charter backlog after this transaction?

SFL states that its fixed-rate charter backlog will increase to approximately $4.6 billion after including the new seven-year charters for six 15,400 TEU container vessels with Hapag-Lloyd AG.

Over what period are the extended SFL (SFL) charters covered?

Following the extensions, SFL indicates the six 15,400 TEU vessels will have charter coverage until 2035–2036 at firm rates, reflecting the then-current strong container market.

How much backlog has SFL (SFL) added during 2026?

SFL’s CEO states that the company has added more than $1 billion to its charter backlog during 2026, which the company says underpins strong earnings visibility and supports long-term distribution capacity.

What types of vessels are in SFL’s fleet?

SFL reports that its fleet consists of tanker vessels, bulkers, container vessels, car carriers and offshore drilling rigs, supported by a portfolio of long-term charters.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 06:44 AM Accepted by SEC EDGAR 09/11/2026 - 06:44 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

 RULE 13A-16 OR 15D-16 UNDER THE SECURITIES

EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-32199

SFL Corporation Ltd.

--------------------------------------------------------------------------------

(Translation of registrant's name into English)

Par-la-Ville Place

14 Par-la-Ville Road

Hamilton, HM 08, Bermuda

--------------------------------------------------------------------------------

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [ X ]     Form 40-F [   ]

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached hereto as Exhibit 1 is a copy of the press release of SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”), dated September 11, 2026, announcing that the Company has agreed a charter extension for six 15,400 TEU container vessels with Hapag-Lloyd AG for an additional seven years.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SFL CORPORATION LTD.

Date:

September 11, 2026

By:

/s/ Ole B. Hjertaker

Name:

Ole B. Hjertaker

Title:

SFL Management AS

(Principal Executive Officer)

EXHIBIT 1

SFL - Charter Extension for 6 x 15,400 TEU vessels adding $750 Million Backlog

SFL Corporation Ltd. (NYSE: SFL) (the “Company”) announced today that it has agreed a charter extension for six 15,400 TEU container vessels with Hapag-Lloyd AG for additional seven years. The vessels will then have charter coverage until 2035-2036 at firm rates, reflecting the current strong container market.

The new time charter contracts will add approximately $750 million to SFL’s fixed rate charter backlog, increasing the backlog1 to approximately $4.6 billion.

Ole B. Hjertaker, CEO of SFL Management AS, said in a comment: «We are pleased to further strengthen our long-term relationship with Hapag-Lloyd, the world's fifth-largest container line. The charter extensions demonstrate the value of our high quality operational platform, which continues to enable us to cultivate durable relationships with industry-leading counterparties. We have added more than $1 billion to our charter backlog during 2026, underpinning our strong earnings visibility and supporting a long-term distribution capacity going forward.»

September 11, 2026

The Board of Directors

SFL Corporation Ltd.

Hamilton, Bermuda

Investor and Analyst Contacts:

Espen Nilsen Gjøsund, Vice President - Investor Relations, +47 47 50 05 00

André Reppen, Chief Treasurer & Senior Vice President, +47 23 11 40 55

Aksel Olesen, Chief Financial Officer, +47 23 11 40 36

Media Contact:

Ole B. Hjertaker, Chief Executive Officer, SFL Management AS

+47 23 11 40 11

About SFL

SFL has a unique track record in the maritime industry and has paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004. The Company’s fleet of vessels is comprised of tanker vessels, bulkers, container vessels, car carriers and offshore drilling rigs. SFL’s long term distribution capacity is supported by a portfolio of long term charters and significant growth in the asset base over time. More information can be found on the Company's website: www.sflcorp.com.

Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although SFL believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, SFL cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward looking statements include the strength of world economies, fluctuations in currencies and interest rates, general market conditions in the seaborne transportation industry, which is cyclical and volatile, including fluctuations in charter hire rates and vessel values, changes in demand in the markets in which the Company operates, including shifts in consumer demand from oil towards other energy sources or changes to trade patterns for refined oil products, changes in market demand in countries which import commodities and finished goods and changes in the amount and location of the production of those commodities and finished goods, technological innovation in the sectors in which we operate and quality and efficiency

1 Fixed rate backlog as of June 30, 2026 including fully owned vessels and rigs and 100% of four partially owned 19,000 teu container vessels, which SFL also manages. It also includes subsequent transactions.

requirements from customers, increased inspection procedures and more restrictive import and export controls, changes in the Company’s operating expenses, including bunker prices, dry-docking and insurance costs, performance of the Company’s charterers and other counterparties with whom the Company deals, the impact of any restructuring of the counterparties with whom the Company deals, and timely delivery of vessels under construction within the contracted price, governmental laws and regulations, including environmental regulations, that add to our costs or the costs of our customers, potential liability from pending or future litigation, potential disruption of shipping routes due to accidents, political instability, terrorist attacks, piracy or international hostilities, the length and severity of the ongoing coronavirus outbreak and governmental responses thereto and the impact on the demand for commercial seaborne transportation and the condition of the financial markets, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission. SFL disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.