SFL – Sale of suexmax and chemical tankers

April 2, 2023

https://www.globenewswire.com/news-release/2023/03/31/2639047/0/en/SFL-Sale-of-suexmax-and-chemical-tankers.html

SFL Corporation Ltd. (NYSE:SFL) (“SFL” or the “Company”) announces that it has agreed to sell the two 2008-built chemical tankers SFL Weser and SFL Elbe to an unrelated third party. The sales proceeds to SFL are approximately $19.5 million for the debt free vessels. Both vessels have been employed in the spot market the last two years and delivery of the vessels to the buyer is expected to take place in the second quarter. A book impairment of approximately $7 million is expected to be recorded in the first quarter relating to the sales.

Read more at globenewswire.com

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