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SFL orders two 93,000 cbm ammonia carriers for $216M with $162M in long-term charters
SFLSFL Corp Ltd.
SFL Corporation has agreed to build two 93,000 cubic meter Very Large Ammonia Carriers at an aggregate yard construction cost of approximately $216 million. Delivery is scheduled for the second quarter of 2028. Concurrently, the company secured long-term time charters with a European investment-grade oil major, adding a minimum of $162 million to its fixed-rate charter backlog. The initial charter duration will be determined within six months, with options to extend by up to four years. This transaction marks SFL's entry into the ammonia shipping segment and contributes to over $1.3 billion in new fixed-rate charter backlog added in 2026. SFL operates in the maritime transportation industry, owning and operating a diversified fleet of tankers, bulkers, container vessels, car carriers, and offshore drilling rigs.