SFL Corp Ltd. Files 6-K Report
Ticker: SFL · Form: 6-K · Filed: Jul 3, 2024 · CIK: 1289877
| Field | Detail |
|---|---|
| Company | Sfl Corp Ltd. (SFL) |
| Form Type | 6-K |
| Filed Date | Jul 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1 billion, $1.2 billion, $1.75 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing, sec, foreign-private-issuer
Related Tickers: SFL
TL;DR
SFL Corp Ltd. (SFL) filed a 6-K on July 3rd, updating info as of June 30th. Includes press release.
AI Summary
SFL Corporation Ltd. (NYSE: SFL) filed a Form 6-K on July 3, 2024, reporting information as of June 30, 2024. The filing includes a press release from SFL Corporation Ltd. dated July 3, 2024, which is attached as Exhibit 1. The company is a foreign private issuer and files annual reports under Form 20-F.
Why It Matters
This filing provides updated information for SFL Corporation Ltd. and its investors, detailing corporate activities and financial reporting as of the specified period.
Risk Assessment
Risk Level: low — This is a routine filing of a Form 6-K, which typically contains press releases or other material information for foreign private issuers, and does not inherently indicate new risks.
Key Players & Entities
- SFL Corporation Ltd. (company) — Registrant
- SFL (company) — Ticker Symbol
- July 3, 2024 (date) — Filing Date
- June 30, 2024 (date) — Report Period End Date
- 001-32199 (other) — Commission File Number
FAQ
What type of report is SFL Corporation Ltd. filing?
SFL Corporation Ltd. is filing a Form 6-K, which is a Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 Under the Securities Exchange Act of 1934.
What is the Commission File Number for SFL Corporation Ltd.?
The Commission File Number for SFL Corporation Ltd. is 001-32199.
What period does this 6-K report cover?
This 6-K report is for the month of July 2024 and is filed as of June 30, 2024.
What is attached as Exhibit 1 to this filing?
Exhibit 1 to this filing is a copy of the press release of SFL Corporation Ltd. dated July 3, 2024.
Does SFL Corporation Ltd. file annual reports under Form 20-F or 40-F?
SFL Corporation Ltd. files annual reports under cover of Form 20-F.
Filing Stats: 995 words · 4 min read · ~3 pages · Grade level 17.3 · Accepted 2024-07-03 11:24:51
Key Financial Figures
- $1 billion — gate construction cost of approximately $1 billion. SIGNATURES Pursuant to the require
- $1.2 billion — any from delivery, adding approximately $1.2 billion to our charter backlog. There will be a
- $1.75 billion — this year, we have added approximately $1.75 billion to our fixed rate charter backlog." J
Filing Documents
- sflpressreleasejuly32024ne.htm (6-K) — 24KB
- 0001289877-24-000032.txt ( ) — 25KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SFL CORPORATION LTD. Date July 3, 2024 By s Ole B. Hjertaker Name Ole B. Hjertaker Title SFL Management AS (Principal Executive Officer) EXHIBIT 1 SFL - Newbuild order of five LNG dual-fuel 16,800 TEU container vessels in combination with long term charters SFL Corporation Ltd. (NYSE SFL) ("SFL" or the "Company") today announced that it has agreed to build five 16,800 TEU container vessels with scheduled delivery in 2028 at an aggregate construction cost of approximately $1 billion. The vessels will have LNG dual-fuel propulsion and the latest features in fuel efficiency and cargo intake optimization. Concurrently, SFL has agreed minimum 10-year time charters to a leading liner company from delivery, adding approximately $1.2 billion to our charter backlog. There will be an option to extend the charters for another two years, and purchase options at the end of year 10 and 12, including a profit share feature. Ole B. Hjertaker, CEO of SFL Management AS, said in a comment This marks another accretive milestone investment for SFL and will add five large container vessels to our fleet. With these vessels delivered, we will have 11 LNG dual-fuel vessels, and it demonstrates our commitment to continue expanding our investment focus to assets with a lower carbon footprint whilst ensuring significant visibility through 10-year firm charters to an investment grade counterparty. With the acquisitions and charter extensions announced so far this year, we have added approximately $1.75 billion to our fixed rate charter backlog." July 3, 2024 The Board of Directors SFL Corporation Ltd. Hamilton, Bermuda Investor and Analyst Contacts Aksel Olesen, Chief Financial Officer, SFL Management AS +47 23 11 40 36 Andr Reppen, Chief Treasurer Senior Vice President