Core Viewpoint - SFL Corporation Ltd. will hold its 2026 Annual General Meeting on May 11, 2026, with a record date for voting set for April 1, 2026 [1] Group 1: Company Overview - SFL has maintained a unique track record in the maritime industry, paying dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [2] - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant growth in its asset base over time [2] Group 2: Future Outlook - The company acknowledges that actual results may differ from forward-looking statements due to various uncertainties, including economic conditions, currency fluctuations, and market demand changes [4] - Factors affecting the company's performance include fluctuations in charter hire rates, vessel values, and operating expenses, as well as potential disruptions from geopolitical events and regulatory changes [4]

Core Viewpoint - SFL Corporation Ltd. has filed its annual report on Form 20-F for the financial year ended December 31, 2025, with the U.S. Securities and Exchange Commission, which is accessible on both the company's website and the SEC's website [1]. Company Overview - SFL has maintained a consistent dividend payment record every quarter since its initial listing on the New York Stock Exchange in 2004 [3]. - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant growth in its asset base over time [3].

Core Insights - Performance Shipping Inc. reported a net income of $7.6 million for Q4 2025, down from $9.7 million in Q4 2024, with earnings per share of $0.57 and $0.19 for basic and diluted shares respectively [1][2][3] - The company's total revenue for Q4 2025 was $26.2 million, an increase from $21.7 million in Q4 2024, primarily due to increased ownership days from new vessel deliveries [2][4] - For the full year 2025, net income rose to $50.0 million from $43.7 million in 2024, with earnings per share increasing to $3.87 from $3.39 [3][4] Financial Performance - Revenue for Q4 2025 was $26.2 million, net of voyage expenses, compared to $21.7 million in Q4 2024 [2][15] - The average Time Charter Equivalent (TCE) rate for Q4 2025 was $32,221, slightly lower than $32,652 in Q4 2024 [2][18] - Net cash provided by operating activities was $9.7 million in Q4 2025, down from $12.1 million in Q4 2024 [2][30] Operational Highlights - The company generated total revenues of $84.2 million for the fiscal year 2025, compared to $87.4 million in 2024 [4][15] - The fleet's average age is expected to decline to nine years following the delivery of new vessels and the sale of the oldest vessel [6][7] - The company has a revenue backlog of approximately $350 million, with fixed charter coverage of 88% for 2026 and 72% for 2027 [5][6] Market Outlook - The tanker market is expected to remain firm in 2026, driven by growth in seaborne oil trade and increased exports from the Middle East and Latin America [5][10] - Seaborne oil trade is projected to grow by approximately 0.7% in 2026 and 1.4% in 2027, while fleet supply is estimated to grow by 4.2% in 2026 and 5.5% in 2027 [10][12] - Daily spot charter rates for Aframax and Suezmax tankers have seen significant increases, with Aframax rates averaging $61,382 and Suezmax rates averaging $77,370 in Q4 2025 [16][10] Corporate Developments - The company completed a $50 million tap issuance under its Nordic bonds and is projected to increase its cash position to approximately $135 million [7][12] - The company has entered into several time-charter contracts for its vessels, including contracts with Repsol Trading SA and ExxonMobil [12][10] - The company has secured contracts for the construction of two new Suezmax tankers, expected to be delivered in 2028 and 2029 [6][12]

SFL Corporation Ltd. 1 Forward Looking Statements This presentation contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although SFL believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertai ...

Core Viewpoint - SFL Corporation Ltd. announced preliminary financial results for Q4 2025, including a quarterly cash dividend of $0.20 per share, marking the 88th consecutive dividend payment [1][3]. Financial Performance - Total operating revenues for Q4 2025 were $176 million, with approximately 87% derived from shipping and 13% from energy [7]. - Adjusted EBITDA was reported at $109 million, which includes $8 million from associated companies [7]. - The company experienced a reported net loss of $4.7 million, equating to $0.04 per share [7]. Dividend Information - The Board of Directors declared a quarterly cash dividend of $0.20 per share, scheduled for payment on or around March 30, 2026, with a record date of March 12, 2026 [3][7]. Asset Transactions - The company generated $52 million in net proceeds from the sale of two Suezmax tankers built in 2015, with deliveries occurring in December and February [7]. - An aggregate investment of $23 million was made in two Suezmax tankers built in 2020, capitalizing on a strong tanker market [7]. Company Overview - SFL Corporation has maintained a unique track record in the maritime industry, paying dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [8]. - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant asset growth [8].

Core Viewpoint - SFL Corporation Ltd. is set to release its preliminary financial results for Q4 2025 on February 11, 2026, and will host a conference call and webcast for stakeholders on the same day [1]. Group 1: Financial Results and Events - The preliminary financial results for Q4 2025 will be announced on February 11, 2026 [1]. - A conference call and webcast will take place on February 11, 2026, at 10:00 AM (EST) / 4:00 PM (CET) [1]. - Relevant materials will be available on the Company's Investor Relations section of its website on the same day [1]. Group 2: Participation Details - Stakeholders can join the conference call in listen-only mode via the webcast link on the Company's website [2]. - Participants can also join the live Q&A session through Zoom, with specific meeting ID and passcode provided [2]. - A replay of the conference call will be accessible via the webcast on SFL's website [2]. Group 3: Company Overview - SFL Corporation Ltd. has a strong track record in the maritime industry, having paid dividends every quarter since its NYSE listing in 2004 [3]. - The Company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs [3]. - SFL's long-term distribution capacity is supported by a portfolio of long-term charters and significant growth in its asset base over time [3].

Core Viewpoint - SFL Corporation Ltd. is set to release its preliminary financial results for Q3 2025 on November 11, 2025, and will host a conference call and webcast for stakeholders on the same day [1]. Group 1: Financial Results and Events - The preliminary financial results for Q3 2025 will be announced on November 11, 2025 [1]. - A conference call and webcast will take place on November 11, 2025, at 10:00 AM (EST) / 4:00 PM (CET) [1]. - Relevant materials will be available in the Investor Relations section of the Company's website on the same day [1]. Group 2: Participation Details - Stakeholders can join the conference call in listen-only mode via the Company's website or directly through a provided webcast link [2]. - Participants can also join a live Q&A session through Zoom using a specific meeting ID and passcode [2]. - A replay of the conference call will be accessible via the webcast on SFL's website [2]. Group 3: Company Overview - SFL Corporation Ltd. has a strong track record in the maritime industry, having paid dividends every quarter since its NYSE listing in 2004 [3]. - The Company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs [3]. - SFL's long-term distribution capacity is supported by a portfolio of long-term charters and significant growth in its asset base over time [3].

Core Viewpoint - Navios Maritime Partners L.P. has engaged in significant vessel transactions, including sales and charters, which are expected to enhance its revenue and operational capacity in the maritime sector [1][2][4]. Vessel Sales & Deliveries - Navios Partners has sold two dry bulk vessels and agreed to sell one tanker vessel, generating expected gross sale proceeds of $69.1 million [2][8]. - The company took delivery of a 2025-built MR2 product tanker, which has been chartered out at a rate of $22,669 net per day for approximately five years [2][3]. Fleet Composition - Following recent transactions, Navios Partners operates a fleet of 172 vessels, including 65 dry bulk vessels, 51 containerships, and 56 tankers, with a total carrying capacity of 15.1 million dwt [3]. - The fleet's average age is 9.7 years, and it includes 17 newbuilding tankers and eight newbuilding containerships expected to be delivered through the first half of 2028 [3]. Vessel Charters - New long-term charters are anticipated to generate revenue of $113.9 million [4]. - As of October 10, 2025, Navios Partners has fixed 88.1% of its available days for the last six months of 2025 and 48.1% for 2026, with expected contracted revenue of $580.4 million and $749.9 million for these periods, respectively [5]. Charter Rates - The average expected daily charter-out rate for the fleet is projected to be $24,399 for the last six months of 2025 and $28,092 for 2026 [5].

Core Viewpoint - SFL Corporation Ltd. announced preliminary financial results for Q2 2025, reporting a net income of $1.5 million and a quarterly cash dividend of $0.20 per share, reflecting ongoing efforts to strengthen its charter backlog and improve operational efficiency [1][4][5]. Financial Performance - The company reported a net income of $1.5 million, equating to $0.01 per share for the second quarter [7]. - Charter hire received in the quarter totaled $194 million, with approximately 87% from shipping and 13% from energy [7]. - Adjusted EBITDA from consolidated subsidiaries was $104 million, with $97 million from shipping and $7 million from energy, plus an additional $8 million from associated vessel owning companies [7]. Strategic Actions - SFL has taken decisive steps to enhance its charter backlog by securing agreements with strong counterparties and investing in cargo-handling and fuel-efficiency upgrades [3]. - The company has divested older, less efficient vessels, which has improved the operational and fuel consumption efficiency of its fleet [3]. - A five-year time charter extension for three 9,500 TEU container vessels with Maersk is expected to add approximately $225 million to the backlog from 2026 through 2031 [7]. Dividend Information - The Board of Directors declared a quarterly cash dividend of $0.20 per share, to be paid on or around September 29, 2025, with a record date of September 12, 2025 [5][6]. - Since its inception in 2004, SFL has distributed a total of $2.9 billion to shareholders through 86 consecutive quarterly cash dividends [5]. Market Conditions - The market for the legacy drilling rig Hercules remains challenging due to recent market uncertainty and oil price volatility, which has delayed new employment opportunities [4]. - The company is optimistic about finding new employment for the rig while exploring strategic opportunities [4].

Group 1 - SFL Corporation Ltd. plans to release its preliminary financial results for Q2 2025 on August 19, 2025 [1] - A conference call and webcast will be held on the same day at 10:00 AM (EST) / 4:00 PM (CET) for stakeholders [1] - Relevant materials will be available on the Company's Investor Relations section of its website on the same day [1] Group 2 - SFL has maintained a unique track record in the maritime industry, paying dividends every quarter since its NYSE listing in 2004 [3] - The Company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs [3] - SFL's long-term distribution capacity is supported by a portfolio of long-term charters and significant growth in its asset base over time [3]