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SFL - 2021 AGM Results Notification

SFL Corporation Ltd. (the “Company” or “SFL”) advises that the 2021 Annual General Meeting of the Shareholders of the Company was held on May 26, 2021 at 10:00 a.m. at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2020 were presented to the Meeting. In addition, the following resolutions were passed: 1. To set the maximum number of Directors to be not more than eight. 2. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit. 3. To re-elect Kathrine Fredriksen as a Director of the Company. 4. To re-elect Gary Vogel as a Director of the Company. 5. To re-elect Keesjan Cordia as a Director of the Company. 6. To re-elect James O’Shaughnessy as a Director of the Company. 7. To re-elect Ole Hjertaker as a Director o ....

Sfl Corporation Ltd , The Company , Consolidated Financial Statements , The Board Of Directors , சப்ல் நிறுவனம் லிமிடெட் ,

SFL announces LNG-fuelled car carrier agreement

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SFL Corporation Ltd. has announced that it has entered into an agreement with a major European-based automobile manufacturer to charter two new-build dual-fuel 7000 CEU car carriers for a 10-year period from delivery in 2023. The contract is on a time-charter basis, and until the new vessels are delivered they will charter SFL’s two existing car carriers SFL Composer and SFL Conductor. Concurrently, SFL has agreed to construct the two new-build vessels at a leading shipyard in China, subject to final documentation.
The transaction is estimated to add more than US$200 million in fixed-rate charter backlog, and SFL is adding state-of-the-art vessels designed to use LNG to its fleet. In addition, the company intends to co-operate with its customer to use eco-friendly bio-fuel for the propulsion of the two existing vessels. ....

Sfl Corporation Ltd , சப்ல் நிறுவனம் லிமிடெட் ,

SFL Corporation: SFL - Update on Seadrill Restructuring

SFL Corporation: SFL - Update on Seadrill Restructuring
SFL Corporation Ltd. (NYSE: SFL) ( SFL or the Company ) announced today that, according to public filings, Seadrill Ltd. and most of its subsidiaries ( Seadrill ) filed Chapter 11 cases in the Southern District of Texas, USA (the Chapter 11 Proceedings ).
In connection with Seadrill s Chapter 11 Proceedings, SFL and certain of its subsidiaries have entered into agreements relating to two of the Company s drilling rigs that are chartered to subsidiaries of Seadrill to ensure uninterrupted performance on the sub-charters to oil majors. The agreements are subject to approval by the bankruptcy court.
Pursuant to these agreements, Seadrill will be allowed to use funds received from the respective sub-charterers of the rigs ....

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