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SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) today announces that Borgarting Court of Appeal has delivered its judgment in the legal case between SFL’s rig-owning subsidiary and certain subsidiaries of Seadrill Ltd. (“Seadrill”), following the redelivery of the drilling rig Hercules to SFL in December 2022. In a unanimous judgment, the Court of Appeal found that Seadrill breached the contract when redelivering the rig. It ordered Seadrill to pay SFL’s subsidiary a total of approxima

SFL Corporation Ltd. ("SFL" or the "Company") (NYSE:SFL) today announces that Borgarting Court of Appeal has delivered its judgment in the legal case between SFL’s rig-owning subsidiary and certain
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 backlog(1) to approximately $4.6 billion. Ole B. Hjertaker, CEO of SF

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
On August 26, SFL Corporation Ltd. (NYSE:SFL) held its second-quarter earnings call, and the numbers explained why management sounded upbeat. Revenue climbed to $201 million from $174.5 million in the first quarter, while adjusted EBITDA rose 20% to $130 million. Net income reached $34 million, or $0.25 per share, up from $26 million the quarter […]

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