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SFL Agrees to Buy Three Vessels in Deals Valued at $365 Million

The purchases comprise two new 8,800-TEU container ships and one large ammonia carrier.

Two container ships and a gas carrier sit in a quiet harbor / TokenPost.ai
Two container ships and a gas carrier sit in a quiet harbor / TokenPost.ai

SFL Corporation Ltd. agreed to acquire three vessels in transactions valued at about $365 million. The planned purchases include two new container ships and one large ammonia carrier.

Each container ship has capacity for 8,800 TEUs. SFL shares rose 2.3% in Thursday trading after the agreement was disclosed.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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