Market News / Story
SFL Corporation Ltd. (SFL) To Sell 7 Tankers; Expects ~$275M Net Proceeds, ~$175M Book Gain
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SFL agreed to sell four LR2 and three Suezmax tankers to Trafigura, with delivery in Q4 2026–Q1 2027. Net cash proceeds to SFL are estimated at about $275M after profit share and debt repayment, with an estimated aggregate book gain of about $175M. Material Details #DetailAI Analyst View1Sell 7 tankers to TrafiguraShrinks tanker exposure and monetizes asset appreciation; alters fleet mix and cash flow profile.2Net proceeds ≈ $275MIncreases liquidity for reinvestment or…