SFL Corp. to Acquire Two Container Vessels and Ammonia Carrier for $365 Million

SFL Corp. (SFL) announced an agreement to expand its fleet through the acquisition of two 8,800 TEU containerships and one large ammonia carrier. The total value of these transactions is approximately $365 million. The announcement led to a 2.3% increase in SFL's share price during Thursday's trading session. This strategic move aims to diversify the company's maritime assets by adding capacity in both the container shipping and ammonia transport sectors.

By Carl Surran, SA News Editor · Seeking Alpha ·

SFL Corp. to Acquire Two Container Vessels and Ammonia Carrier for $365 Million

Tickers: $SFL

Topics: ammonia carrier container vessels ship acquisition

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