EX-99.1 2 sfl-ex991063020146k.htm EXHIBIT
EXHIBIT 99.1
Significant Subsidiaries

Name | Vessel / Activity | Incorporation | Ownership Percentage
Rig Finance Ltd. | Soehanah | Bermuda | 100%
Benmore Shipping Company Limited | Dormant | Cyprus | 100%
Newbond Shipping Company Limited | Front Energy | Cyprus | 100%
Hudson Bay Marine Company Limited | Front Force | Cyprus | 100%
Jaymont Shipping Company Limited | Dormant | Cyprus | 100%
Front Opalia Inc | Front Opalia | Liberia | 100%
Ariake Transport Corporation | Front Ariake | Liberia | 100%
Bonfield Shipping Ltd. | Dormant | Liberia | 100%
Edinburgh Navigation SA | Dormant | Liberia | 100%
Front Ardenne Inc. | Front Ardenne | Liberia | 100%
Front Baldur Inc. | Everbright | Liberia | 100%
Front Brabant Inc. | Front Brabant | Liberia | 100%
Front Falcon Corp. | Front Falcon | Liberia | 100%
Front Glory Shipping Inc. | Front Glory | Liberia | 100%
Front Heimdall Inc | Glorycrown | Liberia | 100%
Front Pride Shipping Inc. | Dormant | Liberia | 100%
Front Saga Inc. | Front Page | Liberia | 100%
Front Scilla Inc. | Front Scilla | Liberia | 100%
Front Serenade Inc. | Front Serenade | Liberia | 100%
Front Shadow Inc. | Dormant | Liberia | 100%
Front Splendour Shipping Inc. | Front Splendour | Liberia | 100%
Front Stratus Inc. | Front Stratus | Liberia | 100%
Front Transporter Inc | Dormant | Liberia | 100%
Golden Estuary Corporation | Front Comanche | Liberia | 100%
Golden Fjord Corporation | Front Commerce | Liberia | 100%
Golden Narrow Corporation | Dormant | Liberia | 100%
Golden Seaway Corporation | Front Vanguard | Liberia | 100%
Golden Sound Corporation | Dormant | Liberia | 100%
Golden Tide Corporation | Front Circassia | Liberia | 100%
Hitachi Hull # 4983 Corporation | Front Hakata | Liberia | 100%
Katong Investments Ltd. | Dormant | Liberia | 100%
Langkawi Shipping Ltd | Dormant | Liberia | 100%
Millcroft Maritime SA | Dormant | Liberia | 100%
Sea Ace Corporation | Dormant | Liberia | 100%
Ultimate Shipping Ltd. | Front Century | Liberia | 100%
Aspinall Pte Ltd. | Dormant | Singapore | 100%
Blizana Pte Ltd. | Dormant | Singapore | 100%
Bolzano Pte Ltd. | Mindanao | Singapore | 100%
Cirebon Shipping Pte Ltd. | Dormant | Singapore | 100%
Fox Maritime Pte Ltd. | Dormant | Singapore | 100%
Front Dua Pte Ltd. | Dormant | Singapore | 100%

Front Empat Pte Ltd. | Dormant | Singapore | 100%
Front Enam Pte Ltd. | Dormant | Singapore | 100%
Front Lapan Pte Ltd. | Dormant | Singapore | 100%
Front Lima Pte Ltd. | Dormant | Singapore | 100%
Front Tiga Pte Ltd. | Dormant | Singapore | 100%
Front Sembilan Pte Ltd. | Dormant | Singapore | 100%
Rettie Pte Ltd. | Dormant | Singapore | 100%
Transcorp Pte Ltd. | Dormant | Singapore | 100%
Front Highness Inc. | Dormant | Marshall Islands | 100%
Front Lady Inc. | Dormant | Marshall Islands | 100%
Ship Finance Management AS | Management company | Norway | 100%
Ship Finance Management (UK) Limited | Management company | United Kingdom | 100%
Ship Finance Management (Bermuda) Ltd. | Management company | Bermuda | 100%
SFL Holdings LLC | Intermediate holding company | United States | 100%
Madeira International Corp. | Intermediate holding company | Liberia | 100%
SFL Container Chartering Inc. | Chartering | Liberia | 100%
SFL Geo I Limited | Dormant | Bermuda | 100%
SFL Geo II Limited | Dormant | Bermuda | 100%
SFL Geo III Limited | Dormant | Bermuda | 100%
HL Hunter LLC | Dormant | United States | 100%
HL Hawk LLC | Dormant | United States | 100%
HL Eagle LLC | Dormant | United States | 100%
HL Falcon LLC | Dormant | United States | 100%
HL Tiger LLC | Dormant | United States | 100%
SFL Bulk Holding Ltd. | Intermediate holding company | Bermuda | 100%
SFL Container Holding Limited | Intermediate holding company | Bermuda | 100%
SFL Capital I Ltd. | Financing | Bermuda | 100%
SFL Capital II Ltd. | Financing | Bermuda | 100%
SFL Capital III Ltd. | Financing | Cyprus | 100%
SFL Capital IV Ltd. | Financing | Cyprus | 100%
SFL Capital V Ltd. | Dormant | Bermuda | 100%
SFL Avon Inc | SFL Avon | Liberia | 100%
SFL Hudson Inc | SFL Hudson | Liberia | 100%
SFL Yukon Inc | SFL Yukon | Liberia | 100%
SFL Sara Inc | SFL Sara | Liberia | 100%
SFL Humber Inc | SFL Humber | Liberia | 100%
SFL Kate Inc | SFL Kate | Liberia | 100%
SFL Clyde Inc | Western Houston | Liberia | 100%
SFL Dee Inc | Western Copenhagen | Liberia | 100%
SFL Trent Inc | SFL Trent | Liberia | 100%
SFL Medway Inc | SFL Medway | Liberia | 100%
SFL Spey Inc | SFL Spey | Liberia | 100%
SFL Kent Inc | SFL Kent | Liberia | 100%
SFL Tyne Inc | Western Australia | Liberia | 100%
SFL Eden Inc. | Dormant | Liberia | 100%
SFL Lea Inc. | Dormant | Liberia | 100%
SFL Lune Inc. | Dormant | Liberia | 100%
SFL Mersey Inc. | Dormant | Liberia | 100%
SFL Tamar Inc | Dormant | Liberia | 100%
SFL Europa Inc. | SFL Europa | Marshall Islands | 100%

Phoenix Holding Inc. | Intermediate holding company | Marshall Islands | 100%
Phoenix Capital Inc. | Financing | Marshall Islands | 100%
Phoenix Hunter Inc. | SFL Hunter | Marshall Islands | 100%
Phoenix Hawk Inc. | SFL Hawk | Marshall Islands | 100%
Phoenix Eagle Inc. | SFL Eagle | Marshall Islands | 100%
Phoenix Falcon Inc. | SFL Falcon | Marshall Islands | 100%
Phoenix Tiger Inc. | SFL Tiger | Marshall Islands | 100%
SFL Sea Cheetah Limited | Sea Cheetah | Cyprus | 100%
SFL Sea Halibut Limited | Sea Halibut | Cyprus | 100%
SFL Sea Pike Limited | Sea Pike | Cyprus | 100%
SFL Sea Trout Limited | Dormant | Cyprus | 100%
SFL Sea Jaguar Limited | Sea Jaguar | Cyprus | 100%
SFL Sea Bear Limited | Sea Bear | Cyprus | 100%
SFL Sea Leopard Limited | Sea Leopard | Cyprus | 100%
SFL Corte Real Limited | Dormant | Cyprus | 100%
Bluelot Shipping Company Limited | Dormant | Cyprus | 100%
SFL Chemical tanker Ltd. | Maria Victoria V | Marshall Islands | 100%
SFL Chemical tanker II Ltd. | SC Guangzhou | Marshall Islands | 100%
SFL Golden Straights Ltd. | Dormant | Bermuda | 100%
SFL Golden Island Ltd. | Dormant | Bermuda | 100%
SFL Ace I Ltd. | Heung-A Green (ex Sea Alfa) | Malta | 100%
SFL Ace II Ltd. | Green Ace (ex Sea Beta) | Malta | 100%
SFL West Polaris Ltd | West Polaris | Bermuda | 100%
SFL Hercules Ltd. | West Hercules | Bermuda | 100%
SFL Deepwater Ltd | West Taurus | Bermuda | 100%
SFL Linus Ltd | West Linus | Bermuda | 100%
SFL Composer Inc. | Glovis Composer | Liberia | 100%
SFL Conductor Inc. | Glovis Conductor | Liberia | 100%
SFL Loire Inc. | SFL Loire (NB) | Liberia | 100%
SFL Seine Inc. | SFL Seine (NB) | Liberia | 100%
SFL Somme Inc. | SFL Somme (NB) | Liberia | 100%
SFL Taurion Inc. | SFL Taurion (NB) | Liberia | 100%
SFL Kenai Inc. | Dormant | Liberia | 100%
SFL Fraser Inc. | Dormant | Liberia | 100%
SFL Olden Inc. | Dormant | Liberia | 100%
SFL Crolly Inc. | Dormant | Liberia | 100%
SFL Energy Inc. | Dormant | Marshall Islands | 100%
SFL Force Inc. | Dormant | Marshall Islands | 100%
SFL Rufina Inc | Dormant | Liberia | 100%
SFL Rosanna Inc. | MSC Vaishnavi | Liberia | 100%
SFL Romana Inc. | MSC Julia R. | Liberia | 100%
SFL Roberta Inc. | Santa Roberta | Liberia | 100%
SFL Ricarda Inc. | Santa Ricarda | Liberia | 100%
SFL Rebecca Inc. | Santa Rebecca | Liberia | 100%
SFL Rafaela Inc. | Santa Rafaela | Liberia | 100%
SFL Victoria Inc. | MSC Vidhi | Liberia | 100%
SFL Virginia Inc. | MSC Margarita | Liberia | 100%