SFL Corporation Boosts Charter Backlog by $240M

SFL Corporation (SFL) has released an update.

SFL Corporation Ltd. has announced new 5-year charters for four 8,700 TEU container vessels, bolstering its charter backlog by approximately $240 million. The company will invest around $20 million to enhance the vessels’ cargo capacity and energy efficiency, aligning with operational performance optimization and emission reduction goals. These strategic moves are expected to increase the vessels’ attractiveness post-charter period in 2030 and contribute to SFL’s consistent growth and quarterly dividend payments since its 2004 NYSE listing.

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