
SFL Corporation Sells Two Suezmax Tankers for $114 Million

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SFL Corporation Ltd. has sold two 2015-built Suezmax tankers for $114 million, with net proceeds of $26 million per vessel after debt repayment and fees. The company expects a book gain of $23 million from the sale. Additionally, SFL has terminated charters for two 2020-built Suezmax tankers with Koch Industries, which will now operate in the spot market.
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