SFL extends six 15,400-TEU vessel charters with Hapag-Lloyd for seven years

  • SFL agreed to extend six container-vessel charters with Hapag-Lloyd for seven additional years.
  • $750 million will be added to SFL’s fixed-rate charter backlog, increasing it to approximately $4.6 billion.
  • SFL said the vessels will have firm charter coverage through 2035-2036.

SFL Corporation Ltd. has agreed to extend by seven years the charters for six 15,400-TEU container vessels with Hapag-Lloyd AG. The vessels will remain covered through 2035-2036 at firm rates, reflecting the current strong container market. The contracts add approximately $750 million to SFL’s fixed-rate charter backlog, lifting it to about $4.6 billion. Ole B. Hjertaker, CEO of SFL Management AS, said the extensions strengthen SFL’s long-term relationship with Hapag-Lloyd, described as the world’s fifth-largest container line, and reinforce the company’s earnings visibility and long-term distribution capacity. SFL said it has added more than $1 billion to its charter backlog during 2026. The company has paid quarterly dividends since its 2004 New York Stock Exchange listing and operates a diversified fleet spanning tankers, bulkers, container vessels, car carriers and offshore drilling rigs.

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