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SFL bags six charters and two kamsarmaxes

SFL bags six charters and two kamsarmaxes
Ship Finance International has agreed to buy two kamsarmax bulkers with long-term time charters to a state-owned Chinese charterer.

The 2012-built pair of 82,000 dwt ships are expected to be delivered in the next two months and are estimated to contribute EBITDA earnings of $7m over the term of the eight year charters.

Seven year charters have also been agreed with a European container line for four 8,700 teu container vessels under construction in Korea. SFL expects aggregate EBITDA contributions of around $46m from the ships.

Commenting on the deals, Ole B. Hjertaker, ceo of Ship Finance Management, said: "We are pleased to announce acquisitions and long-term charters to top quality counter parties that will continue to build our long-term distribution capacity. The container vessels under construction are currently ahead of schedule, and the charter-rate is reflective of the very high specifications including the latest in eco-design features."