Headquartered in Par-la-ville Place, Hamilton Fiscal year ends December NYSE: SFL sflcorp.com
SFL Corporation Ltd. is a maritime and energy asset owner. It acquires vessels and offshore drilling rigs and charters them out, mostly on long-term fixed-rate contracts.
Its fleet includes container vessels, car carriers, crude and product tankers (Suezmax and LR2), Kamsarmax dry bulk carriers, and drilling rigs in its Energy segment. It also holds a 49.9% stake in River Box Holding, which owns four 19,000 TEU container vessels that SFL manages.
As of September 30, 2026, the contracted fixed-rate charter backlog was about $5.0 billion, with a weighted remaining term of 7.1 years. About 58% of that backlog is with investment-grade customers such as Hapag-Lloyd, oil majors and Trafigura.
A small number of tankers and bulkers trade in the spot and short-term market. The company is renewing its fleet by selling older tankers and investing in 14 newbuildings for delivery from the second half of 2027 through 2029. These are seven container vessels, four car carriers and three Very Large Ammonia Carriers, with about $1.7 billion of remaining capex.
SFL reports two segments, Shipping and Energy. It has paid 91 consecutive quarterly dividends. Updated
Fixed-rate backlog now stands at roughly $5 billion over a 7.1-year average term after about $1.07 billion in new charter commitments, including a seven-year Hapag-Lloyd extension. Earnings topped expectations on both lines, and a seven-tanker sale should deliver about $275 million in net cash by Q1 2027. The 91st straight dividend, $0.22 a share, goes ex on December 15.
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SFL Corporation Ltd. is a maritime and energy asset owner. It acquires vessels and offshore drilling rigs and charters them out, mostly on long-term fixed-rate contracts.
The Wall Street consensus 12-month price target for SFL is $13.17.
