SFL Corporation Expands Eco-Friendly Fleet

SFL Corporation (SFL) has released an update.

SFL Corporation Ltd. has announced an ambitious move to expand its environmentally conscious fleet with an order for five LNG dual-fuel 16,800 TEU container vessels, expected to be delivered in 2028 at a cost of around $1 billion. These state-of-the-art vessels will be backed by a firm 10-year charter agreement with a leading liner company, with options for a two-year extension and purchase options after 10 and 12 years, promising a significant increase in the company’s charter backlog. This strategic investment aligns with SFL’s commitment to growth through eco-friendly assets and long-term customer contracts.

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