SFL Corporation Sells Two Suezmax Tankers for $114 Million

Reuters

2025/12/19

SFL Corporation Sells Two Suezmax Tankers for $114 Million

SFL Corporation Ltd. has agreed to sell two 2015-built Suezmax tankers currently on charter to a subsidiary of Koch Industries for approximately $57 million per vessel. After debt repayment and a termination fee, net proceeds are estimated at $26 million per vessel. SFL expects to record a total book gain of around $23 million from the sale. The company has also agreed to terminate charters for two 2020-built Suezmax tankers with Koch, which will now be employed in the spot market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SFL Corporation Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001145888-en) on December 19, 2025, and is solely responsible for the information contained therein.

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