XML 29 R22.htm IDEA: XBRL DOCUMENT
v3.25.2

SUBSEQUENT EVENTS | 6 Months Ended
--- | ---
Jun. 30, 2025
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS In July 2025, the Company delivered the 57,000 Supramax dry bulk vessels SFL Sara, SFL Kate and SFL Hudson to their respective new owners. These sales were agreed between April and June 2025, with a combined gross sales price of approximately $34.1 million. In July 2025, the Company delivered eight capesize dry bulk vessels to Golden Ocean, fulfilling a previously exercised purchase option. In July 2025, the Company delivered the containership MSC Zlata R. to MSC, marking the final delivery in a series of seven vintage container vessels sold to MSC following the expiration of their bareboat charter contracts. In July 2025, the Company issued 10,000 common shares to an employee upon the exercise of share options. The options were granted in 2022 pursuant to the Company’s incentive program. On August 18, 2025, the Board of Directors approved an increase in the number of directors from six to seven and appointed Mr. Jan Erik Klepsland as a director. Mr. Klepsland is an Investment Director at Seatankers Management Norway AS, a related party. On August 19, 2025, the Board of Directors declared a cash dividend of $0.20 per share which is payable on or around September 29, 2025 to shareholders of record on September 12, 2025.

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration