SFL acquires two 8,800 TEU container ships

SFL Corporation has agreed to acquire two 8,800 TEU container vessels scheduled for delivery in 2027.

The company will also acquire a 93,000-cubic-metre dual-fuel Very Large Ammonia Carrier, which is due for delivery in 2028. The three vessels have an aggregate acquisition cost of approximately US$365 million.

SFL has secured minimum eight-year time charters for the two container ships with an unnamed leading liner company. The charters will begin when the vessels are delivered.

The agreements include extension options covering up to four additional years. The charterer will also have options to purchase the vessels at the end of years eight, 10 and 12, subject to a profit-sharing arrangement with SFL.

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