SFL Corporation Ltd. Agrees Charter Extension for Six 15,400 TEU Container Vessels with Hapag-Lloyd Ag Adding $750 Million Backlog

SFL Corp extended charters for six container vessels with Hapag-Lloyd AG for seven years, adding $750 million to its fixed-rate charter backlog. The vessels, with a capacity of 15,400 TEU, will have firm-rate charters until 2035 and 2036, bringing the total backlog to $4.6 billion. The company expects this to support earnings and long-term profit distribution to shareholders.

SFL Corporation extended charters for six container vessels with Hapag-Lloyd AG for seven years, adding $750 million to its backlog, totaling $4.6 billion. The move secures revenues through 2035–2036, enhancing earnings visibility and dividend capacity, according to the company.

SFL Corporation (NYSE: SFL) extended charters for six 15,400 TEU vessels with Hapag-Lloyd for seven years, adding $750M to its backlog, totaling $4.6B. The CEO highlighted the strengthened relationship and earnings visibility. SFL operates a diversified fleet and has paid dividends quarterly since 2004.

SFL, led by John Fredriksen, has signed a $750m deal with Hapag-Lloyd for six container ships. The agreement, according to SFL Management CEO Ole Hjertaker, underscores the robust container ship charter market and strengthens the companies' relationship.

SFL Corporation Ltd. (NYSE: SFL) announced seven-year charter extensions for six 15,400 TEU container vessels with Hapag-Lloyd AG, adding $750 million to its backlog, totaling $4.6 billion. The extensions run until 2035-2036 at firm rates, reflecting strong container market conditions.

SFL Corporation (NYSE:SFL) extended a 7-year charter for six container vessels with Hapag-Lloyd, adding $750M to its backlog, totaling $4.6B. The deal covers vessels until 2035-2036. CEO Hjertaker highlighted the strengthened relationship and earnings visibility. SFL operates a diverse fleet and has paid quarterly dividends since 2004.