SFL posted Q2 results with revenue of USD 201 million, while net income came in at USD 34 million, or USD 0.25 a share.
Adjusted EBITDA totaled USD 130 million, including USD 8 million from associated companies.
Fleet and financing updates
Secured new long-term charters for PCTC vessels SFL Composer and SFL Conductor, ordered four newbuild PCTCs with long-term time charters, raised USD 100 million in equity.
Dividend and operating highlights
Board declared a quarterly cash dividend of USD 0.22 a share, payable around Sept. 22 with Sept. 9 record and ex-dividend dates.
Performance benefited from strong spot-market contribution from two Suezmax tankers.
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