SFL Sells its Seven Handy Bulkers to CDB Leasing for $100m

ohn Fredriksen’s SFL Corporation has struck a deal with China Development Bank Financial Leasing (CDB Leasing) to sell its seven handysize dry bulk vessels for around $100m.

The vessels, ranging between 32,000-34,000 dwt, will deliver before year-end, and SFL plans to invest the net cash proceeds of over $50m in new assets.

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