Disruptive technology, sustainable results

Nekkar invests in and develops technology businesses within sustainable oceans, robotics and intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar follows an active buy-to-own strategy to build long-term value.
Market cap:
1.1B
nok
Days until report:
32

A leading maritime infrastructure company

SFL Corporation is a leading ship-owning company providing vessels and offshore assets on long-term charters to world-class counterparties.
Market cap:
1.1B
nok
Days until report:
32
Latest news
SFL - Fourth Quarter 2025 Results Presentation
February 11, 2026
Read
The share
$
19.08.2025 - 16:00 EST
NYSE: SFL

A Leading Maritime Infrastructure Company

SFL Corporation Ltd. (“SFL”) has a unique track record in the maritime industry paying dividends every quarter since 2004.
Market cap:
1.1B
nok
Days until report:
32
Latest news
SFL - Fourth Quarter 2025 Results Presentation
February 11, 2026
Read
The share
$
5 min interval
NYSE: SFL

About SFL

SFL Corporation Ltd. (“SFL”) is a leading maritime infrastructure company. Founded in 2003 and listed on the New York Stock Exchange (NYSE: SFL), the company operates a diversified fleet of maritime assets employed on long term contracts to world class counterparties.
Read more
SFL’s fleet includes tankers, dry bulk carriers, container vessels, car carriers, and energy assets, with the vast majority employed on long-term charters end users. This contract-based model provides strong cash flow visibility and reduces exposure to volatile spot markets.

The company has a unique track record in the maritime industry paying dividends every quarter since 2004. 

Portfolio

Global demand for energy and raw materials continues to drive seaborne trade. Tankers, bulk carriers, and offshore assets remain critical for supplying oil, iron ore, and agricultural goods. SFL’s diversified fleet captures these long-term flows while reducing short-term volatility through chartering.
Portfolio
Contract duration
30
Container
7.3
Years
7
Car carrier
8.0
Years
18
Tanker
3.6
Years
2
Energy
3.5
Years
3
Dry bulk
<1
Years
Last updated: Q2 2025

Engineering growth, shaping the future

At a glance
Nekkar is an industrial company builder focused on ocean-based technology.
Diversified exposure across four end-markets
Nekkar drives innovation in defence, aquaculture, offshore energy, and maritime
Maritime
35%
Defence
33%
Aquaculture
19%
Offshore energy
13%
Percentages refer to share of pro-forma revenue 2024 including FiiZK and Globetech full-year.
Disciplined growth through a buy-to-own model
Combining a strong balance sheet with a portfolio spanning mature businesses and greenfield ventures.

Portfolio

SFL’s portfolio of vessels reflects its strategy of diversification and long-term charter stability across the global maritime industry. The company owns and operates a modern, mixed fleet that includes crude and product tankers, dry bulk carriers, container ships, car carriers, and energy assets.
Read more
This broad asset base allows SFL to balance exposure between cyclical shipping markets and fixed-rate contracts, securing steady cash flow while retaining upside potential. Many of SFL’s vessels are chartered to leading energy majors, industrial shippers, and liner operators under multi-year agreements, ensuring operational resilience and predictable earnings.

The fleet is continuously renewed through selective acquisitions and disposals, positioning SFL to adapt to evolving market dynamics, regulatory standards, and energy transition trends.
30
Liners
7
Car carriers
16
Tankers
2
Dry bulk
2
Energy

Engineering growth, shaping the future

At a glance
Nekkar is an industrial company builder focused on ocean-based technology.
Diversified exposure across four end-markets
Nekkar drives innovation in defence, aquaculture, offshore energy, and maritime
Maritime
35%
Defence
33%
Aquaculture
19%
Offshore energy
13%
Percentages refer to share of pro-forma revenue 2024 including FiiZK and Globetech full-year.
Disciplined growth through a buy-to-own model
Combining a strong balance sheet with a portfolio spanning mature businesses and greenfield ventures.

Charter backlog

Portfolio
Contract duration
30
Container
7.2
Years
7
Car carrier
6.6
Years
16
Tanker
3.5
Years
2
Energy
3.0
Years
2
Dry bulk
<1
Year
Contracted revenue
$3.7bn
66%
Investment grade (IG)
34%
Not rated or non-IG
Last updated: February 11th, 2026
Read more
As of September 30, 2025 the estimated fixed rate charter backlog from the Company’s fleet of [60] wholly or partly owned vessels and newbuildings under construction was approximately $[4.2] billion with a weighted remaining charter term of [6.7] years. 

Furthermore, approximately 66% of the fixed rate charter backlog is to customers with an investment grade credit rating, illustrating the strength of our charter portfolio.

Engineering growth, shaping the future

At a glance
Nekkar is an industrial company builder focused on ocean-based technology.
Diversified exposure across four end-markets
Nekkar drives innovation in defence, aquaculture, offshore energy, and maritime
Maritime
35%
Defence
33%
Aquaculture
19%
Offshore energy
13%
Percentages refer to share of pro-forma revenue 2024 including FiiZK and Globetech full-year.
Disciplined growth through a buy-to-own model
Combining a strong balance sheet with a portfolio spanning mature businesses and greenfield ventures.

Long term fixed charters

The Company has a substantial portfolio of owned and partially owned vessels employed on long term fixed charters with a weighted average tenor of close to 7 years. Stability in both charter revenues and operating costs supports the Company’s long term distribution capacity.
$4.3bn
Contracted revenue as of Q2 2025

Dividends

Unique track record
SFL Corporation Ltd. (“SFL”) has a unique track record in the maritime industry paying dividends every quarter since 2004.
Accumulated dividends per year
$Billion
Latest dividends
Period
Dividend per share USD
Report Date
Ex Dividend Date
Payable Date
2025
Total
Q4 2025
0.20
11.02.2026
12.03.2026
30.03.2026
Q3 2025
0.20
11.11.2025
12.12.2025
29.12.2025
Q2 2025
0.20
19.08.2025
12.09.2025
29.09.2025
Q1 2025
0.27
14.05.2025
12.06.2025
27.06.2025

Our operations

INVESTMENT CASE
Tankers
Energy delivered safely across oceans.
SFL’s tanker fleet spans crude oil, product and chemical carriers, designed to serve different segments of the energy transportation market. The vessels are often placed on long-term charters, reducing market volatility exposure while supporting essential energy logistics worldwide.
Container
Reliable partners in global trade.
SFL owns a diversified fleet of modern container vessels employed on long-term time charters with leading liner companies. These ships are a cornerstone of the company’s business model, providing stable cash flow through fixed-rate contracts while ensuring global connectivity in the container trade.
Dry bulk
Moving the world’s essential commodities.
The dry bulk fleet provides flexible capacity to transport commodities such as coal, iron ore, and grain. These vessels complement the portfolio by diversifying earnings and strengthening SFL’s exposure to global industrial and agricultural trade flows.
Car carrier
Driving efficiency in vehicle logistics.
The company’s portfolio includes pure car and truck carriers (PCTCs), many of which are equipped with fuel-efficient or dual-fuel technology. Deployed on long-term charters with blue-chip automotive manufacturers and logistics operators, they play a key role in the global supply chain for finished vehicles.
Energy
Steady returns from offshore energy.
The energy assets consist primarily of offshore units such as drilling rigs and related infrastructure. These assets provide stable long-term cash flows and strengthen SFL’s portfolio by balancing cyclical shipping markets with predictable earnings from the energy sector.

Our strategy

Growth strategy
Diversified asset base
SFL’s strategy is built on maintaining a broad portfolio of vessels and offshore assets across multiple shipping and energy segments. This diversification reduces reliance on any single market and creates more resilient long-term earnings.
Long-term charter focus
The company emphasizes securing long-term charter contracts with leading operators. This approach ensures stable cash flows while mitigating exposure to short-term market volatility.
Active portfolio management
SFL continuously evaluates opportunities to acquire, divest, or redeploy assets. By actively managing its fleet, the company adapts to market trends and strengthens its competitive position over time.
01
Consistent dividend track record
$2.8
Billion paid out in dividends in the last 20 years
Since its establishment in 2003, SFL has paid dividends every quarter — one of the longest and most consistent records in the shipping industry. Dividends remain a central pillar of SFL’s value proposition.
02
Diversified portfolio across sectors
SFL has deliberately built a broad asset base covering container ships, tankers, dry bulk vessels, car carriers, and offshore energy units. This diversification reduces earnings volatility and gives the company exposure to multiple global trade flows and energy markets, making it less vulnerable to downturns in any single segment.
03
Long-term contracted cash flows
A large portion of SFL’s revenues comes from vessels and rigs on long-term time charters with leading industry operators. These contracts secure predictable cash flows, underpinning financial stability and providing visibility for future earnings and dividends. This model balances stability with selective short-term exposure to benefit from strong spot markets.
04
Active portfolio management
SFL actively manages its fleet and offshore assets, continuously evaluating opportunities to acquire, divest, or redeploy tonnage. This dynamic approach allows the company to optimize capital allocation, capture attractive returns, and adapt to evolving market trends. It ensures that the portfolio remains competitive and aligned with long-term strategic goals.

Pioneering digital assets investments since 2014

2014

Launch of the first regulated bitcoin fund

2016

Acquire XBT Provider from Accel Ventures backed mining group

2017

AuM grows to $1.5bn

2018

Diversified XBT Provider from Sweden into Germany

Custody JV with Nomura and Ledger to protect long term of growth of AM

2020

New ETP team joins from ETF Securities / WisdomTree

2021

CSIL lists on Nasdaq First North Growth Market

Acquisition of Elwood Equity Index business resulting in partnership with Invesco

Acquisition of Napoleon Crypto

AuM grows to $6.5bn

2022

Strategic investment in Swiss bank, Flowbank, approved by FINMA

Uplisting to Nasdaq Stockholm’s main market

2023

Launch of Hedge Fund Solutions

2024

US expansion with the acquisition of Valkyrie Funds

— 08

Story

Our history

2003
SFL (then Ship Finance International) was established as a spin-off from Frontline Ltd., with the purpose of owning vessels on long-term charters.
2004
The company was listed on the New York Stock Exchange under the ticker SFL, giving global investors access to its dividend-focused model.
2005–2010
SFL expanded beyond crude tankers, acquiring container vessels, dry bulk carriers, and offshore rigs. This diversification laid the groundwork for its modern, multi-segment portfolio.
2011–2015
The company continued to renew and expand its fleet, signing long-term charters with leading counterparties including major liner companies and energy firms.
2018
SFL invested in advanced harsh-environment drilling rigs, strengthening its position in the energy sector alongside its shipping business.
2020
Ship Finance International changed its name to SFL Corporation Ltd., reflecting its broader asset base and global focus.
2021–2023
The company ordered dual-fuel and LNG-ready car carriers and upgraded existing vessels with energy-saving technologies to meet stricter environmental standards.
2024–2025
SFL reached a contracted charter backlog of more than US$4 billion and today operates across containers, car carriers, tankers, dry bulk vessels, and energy assets.

Latest news

Latest report
See all
SFL – Fourth Quarter 2025 Results
February 11, 2026
Press Release
See all
SFL - Fourth Quarter 2025 Results Presentation
February 11, 2026
Read more
Dividend
See all
Declared dividend/share: $0.20
Ex-dividend date: March 12, 2026
Record date: March 12, 2026
Payment date: March 30, 2026
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FAQ

What kind of maritime assets does SFL own?

SFL owns a varied range of assets, including tankers, dry bulk, container vessels and offshore assets. This diversity gives us the flexibility to continue building our distribution capacity irrespective of fluctuations in individual market segments. The Company’s goal is to maintain a portfolio of high quality assets and long-term charters with strong charter counterparts. An updated list of the Company’s vessels and rigs can be found on the Fleet page of the website.

Where are SFL shares traded?

SFL shares are listed on the New York Stock Exchange under the ticker symbol “SFL”.

Does SFL pay a quarterly cash dividend?

Yes. SFL has paid a quarterly dividend since the 2004 when Company was listed. Current and historic information can be found on the Dividend History page.

Who are the financial analysts that cover SFL?

A list of analysts covering SFL can be found on the Analyst coverage section of this page.

Where can I find financial reports from SFL?

All financial reports from SFL may be found in the Reports section. All shareholders can request a hard copy of the complete audited financial statements on form 20-F, free of charge.

Where can I find the SEC filings of SFL?

A link to the SEC filings can be found via NYSE Euronext’s website: SFL’s SEC filings.

Does SFL issue 1099s or K-1s?

SFL Corporation Ltd. issues 1099s. All investors may receive them from their registered broker.

What type of company is SFL?

SFL Corporation Ltd. is a Bermudian limited liability company.

How many classes of shares are there in SFL?

There is only one share class: ordinary shares. Each of which have a nominal value of USD 0.01 and is fully paid in.

What is the CUSIP and ISIN number of the SFL shares?

CUSIP: G7738W106
ISIN: BMG7738W1064
Prior to November 8, 2019 the SFL shares had a different CUSIP and ISIN.

Does SFL offer a Dividend Reinvestment Plan?

Yes. SFL offers a Dividend Reinvestment and Direct Stock Purchase Plan for individual investors who wish to reinvest cash dividends in additional shares and/or to purchase the Company’s common stock. This plan is available to new and current stockholders of record in the U.S. For further information, please visit our Dividend Reinvestment Plan section.

Who is the transfer agent for the SFL shares?

Computershare is the transfer agent and can be reached at:
Computershare
P.O. Box 43078
Providence, RI 02940Web: http://www.computershare.com/investor
Email: web.queries@computershare.com
U.S. Toll Free: 800 301 3489
From outside the U.S.: +1 781 575 3100

When was SFL incorporated and where?

SFL Corporation Ltd. was established in October 2003 and is a limited liability company registered in Bermuda.

When did the shares in SFL get listed and at what price?

SFL stocks (NYSE: SFL) commenced trading at the New York Stock Exchange on June 17, 2004. The opening price was $14.75 per share.

Who are the members of the Board of Directors of SFL?

To read a short biography on each of our Board members please visit our Governance page.

Who are the members of SFL?

To read a short biography on each of our Senior Managers please visit our Governance page.

How is the tax treatment of dividends received from SFL shares?

You are directed to consult your own tax advisor regarding the particular federal, foreign, state and local tax consequences of buying, holding, receiving dividend and coupons on and selling financial instruments issued by SFL. General information regarding this is provided in our annual report on form 20-F which can be found in the Reports section.

Who can I contact about specific investor relations questions?

SFL has a U.S. toll-free investor phone number: 1-800-715-6374. You may also contact us by e-mail.

  • This is just a simple CSS Accordion

    SFL owns a varied range of assets, including tankers, dry bulk, container vessels and offshore assets. This diversity gives us the flexibility to continue building our distribution capacity irrespective of fluctuations in individual market segments. The Company’s goal is to maintain a portfolio of high quality assets and long-term charters with strong charter counterparts. An updated list of the Company’s vessels and rigs can be found on the Fleet page of the website.

  • This is just a simple CSS Accordion

    SFL owns a varied range of assets, including tankers, dry bulk, container vessels and offshore assets. This diversity gives us the flexibility to continue building our distribution capacity irrespective of fluctuations in individual market segments. The Company’s goal is to maintain a portfolio of high quality assets and long-term charters with strong charter counterparts. An updated list of the Company’s vessels and rigs can be found on the Fleet page of the website.

If you cannot find the answer to your question, please reach out us here.

Continue learning

Latest report
SFL – Fourth Quarter 2025 Results
February 11, 2026