SFL agrees to sell seven tankers to Trafigura for delivery in late 2026-early 2027
SFL•SFL agreed to sell four LR2 product tankers and three Suezmax tankers to Trafigura, with delivery scheduled for the fourth quarter of 2026 and first quarter of 2027. Net cash proceeds are estimated at $275 million, and the aggregate book gain at about $175 million.
1. Sale terms
SFL Corporation agreed to sell seven tankers to charterer Trafigura: four LR2 product tankers and three Suezmax tankers. Delivery is scheduled for the fourth quarter of 2026 and first quarter of 2027, when the existing time charters will terminate.
2. Estimated proceeds
SFL estimates net cash proceeds of $275 million after profit share and repayment of associated debt. The aggregate book gain is estimated at about $175 million.
