SFL Corporation Enters Charter Extension For Six 15,400 TEU Container Vessels For Additional Seven Years With Hapag-Lloyd; New Time Charter Contracts Will Add ~$750M To Its Fixed Rate Charter Backlog
The vessels will then have charter coverage until 2035-2036 at firm rates, reflecting the current strong container market. The new time charter contracts will add approximately $750 million to SFL’s fixed rate charter
SFL Corporation locked in seven more years of work for six big ships with a company called Hapag-Lloyd, earning about $750 million in promised money. This shows the shipping company has steady income coming in, which means people still trust it to deliver containers across the ocean for many years.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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