SFL Corporation Ltd

SFL Corporation Ltd. is a Bermuda-based maritime asset owner and operator with a diversified fleet spanning container vessels, car carriers, tankers (Suezmax, product, and chemical), dry bulk carriers, and offshore drilling rigs (jack-up and harsh environment semi-submersible). The company generates revenue primarily through long-term time charters, bareboat charters, drilling contracts, and selective spot market trading. SFL's fleet includes 21 container vessels, seven car carriers, two dry bulk carriers, 15 tankers, and two drilling rigs, with assets chartered to major counterparties including Maersk, ConocoPhillips, Hapag-Lloyd, Phillips 66, and MSC. The company also holds a 49.9% equity interest in River Box Holding, which owns investments in direct financing leases of ultra-large container vessels. SFL is actively expanding its car carrier fleet with four LNG dual-fuel newbuildings on order and five dual-fuel 16,800 TEU container vessel newbuildings, reflecting a strategic pivot toward modern, environmentally compliant tonnage. The company finances its fleet through a combination of secured bank loans, unsecured sustainability-linked bonds in the Nordic credit market, Japanese operating lease structures, and equity issuances via DRIP and ATM programs. SFL's common shares are listed on the New York Stock Exchange under the ticker 'SFL'. The company is related to Hemen Holding Limited, its largest shareholder, and transacts with affiliated entities including Frontline Ltd. for vessel management services. Updated Aug 26, 2026