SFL Corp Says Newbuild Order Of Five LNG Dual-Fuel 16,800 Teu Container Vessels In Combination With Long Term Charters; Agreed To Build Five 16,800 Teu Container Vessels With Scheduled Delivery In 2028 At Construction Cost Of About $1B
Portfolio Pulse from Benzinga Newsdesk
SFL Corp has announced a newbuild order for five LNG dual-fuel 16,800 TEU container vessels, combined with long-term charters. The vessels are scheduled for delivery in 2028, with a construction cost of approximately $1 billion.
July 03, 2024 | 3:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SFL Corp has placed an order for five LNG dual-fuel 16,800 TEU container vessels, with delivery scheduled for 2028. The total construction cost is around $1 billion, and the vessels will be combined with long-term charters.
The order for new LNG dual-fuel vessels indicates a significant investment in future capacity and sustainability, which is likely to be viewed positively by investors. The long-term charters provide revenue visibility, further supporting a positive short-term impact on SFL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100