SFL - Sale of Older VLCC
SFL Corporation Ltd (SFL)
Last sfl corporation ltd earnings: 2/18 06:34 am
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US:NYSE Investor Relations:
shipfinance.no/page/6834/ir_home
Company Research
Source: GlobeNewswire
Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or the "Company") announces that it has agreed to sell the 2001-built VLCC Front Ariake to an unrelated third party. Delivery to the new owner is expected later this month, and the net sales price will be approximately $20.7 million, including approximately $3.4 million in the form of an interest-bearing loan note from Frontline Ltd. The book value of the vessel is approximately $27.6 million, thus an impairment is expected to be recorded in the third quarter. Divesting of older vessels is part of Ship Finance's strategy to continuously renew and diversify the fleet. Following this transaction, the Company has four VLCCs remaining on charter to a subsidiary of Frontline Ltd. October 1, 2018 The Board of DirectorsShip Finance International LimitedHamilton, Bermuda Questions can be directed to Ship Finance Management AS: Investor and Analyst Contacts: Harald Gurvin, Chief Financial Officer, Ship Finance M
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- SFL - Acquisition of three newbuild LR2 product tankers in combination with long term charters [Yahoo! Finance]Yahoo! Finance
SFL
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 6-K
- 4/2/24 - Form 6-K
- SFL's page on the SEC website