REG-SFL – Newbuild agreements and long-term charters of two 8,800 TEU Container Vessels and one Very Large Ammonia Carrier
Globe Newswire•28/10/2026•06:15 ET
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Key Highlights
- ➤$365 million acquisition of two 8,800 TEU container vessels and one 93,000 cbm VLAC
- ➤Two container vessels secured minimum eight-year charters with a leading liner company
- ➤VLAC secured minimum five-year charter with a global commodities industry leader
- ➤New charters add approximately $333 million to SFL’s fixed-rate charter backlog
- ➤2026 acquisitions and charters have added more than $1.6 billion to backlog
Expert Statements
Ole B. Hjertaker, CEO of SFL Management AS
“We are pleased to continue building the asset portfolio, combining newbuilds with early delivery and charters to existing high-quality counterparties. With the acquisitions and new charters announced so far this year, we have added more than $1.6 billion to our fixed rate charter backlog.”
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) today announced that it has agreed to acquire two 8,800 TEU Container Vessels with scheduled delivery in 2027 and one 93,000 cbm dual-fuel Very Large Ammonia Carrier (VLAC) with scheduled delivery in 2028. Aggregate acquisition cost is approximately $365 million.
SFL has agreed minimum 8-year time charters to a leading liner company from delivery for the two container vessels. The charters may be extended up to another four years, and will have purchase options at the end of year 8, 10 and 12, including a profit share feature.
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