SFL Corporation Ltd. announced that it has entered into an agreement with Seadrill Limited (“Seadrill”) in respect of funds in certain bank accounts pledged to SFL. Pursuant to the terms of this agreement, Seadrill agrees to continue to pay SFL approximately 71% of the existing contracted lease hire relating to the West Hercules and the …

The post SFL – Seadrill Update and Reduction in Ownership Interest in Four Container Leases first appeared on Hellenic Shipping News Worldwide.