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SFL Corporation Sells Two Suezmax Tankers and Reshapes Charter Portfolio

Story Highlights
  • SFL is selling two 2015-built Suezmax tankers, realizing net proceeds and a $23 million book gain.
  • The company is terminating charters on two newer Suezmax vessels, retaining them for spot deployment amid strong markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SFL Corporation Sells Two Suezmax Tankers and Reshapes Charter Portfolio

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The latest update is out from SFL Corporation ( (SFL) ).

On December 19, 2025, SFL Corporation announced it has agreed to sell two 2015-built Suezmax tankers, SFL Thelon and SFL Ottawa, currently on charter to a trading house, for a gross price of about $57 million per vessel, expecting net proceeds of roughly $26 million per ship after debt repayment and termination fees. The vessels, to be delivered in the fourth and first quarters, are projected to generate a combined book gain of approximately $23 million, while SFL has also mutually agreed with the same charterer to terminate charters for two 2020-built Suezmax tankers, SFL Albany and SFL Fraser, which it will retain and initially deploy in the spot market before seeking longer-term employment; management frames the move as crystallizing embedded value in older assets and redeploying capital into younger, more fuel-efficient ships positioned to benefit from a strong charter market and higher prevailing rates than existing fixed charters.

The most recent analyst rating on (SFL) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on SFL Corporation stock, see the SFL Stock Forecast page.

Spark’s Take on SFL Stock

According to Spark, TipRanks’ AI Analyst, SFL is a Neutral.

SFL Corporation’s overall stock score is primarily influenced by financial challenges, including high leverage and negative cash flow growth. The positive sentiment from the earnings call, with strong dividends and strategic fleet management, provides some support. However, technical indicators suggest caution due to overbought conditions, and valuation concerns persist with a negative P/E ratio.

To see Spark’s full report on SFL stock, click here.

More about SFL Corporation

SFL Corporation Ltd. is a maritime asset-owning company listed on the New York Stock Exchange, with a diversified fleet spanning tanker vessels, bulkers, container ships, car carriers and offshore drilling rigs. The company focuses on long-term charter contracts to support steady distribution capacity and has maintained an unbroken record of quarterly dividend payments since its 2004 listing.

Average Trading Volume: 1,324,219

Technical Sentiment Signal: Sell

Current Market Cap: $1.1B

See more data about SFL stock on TipRanks’ Stock Analysis page.

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