Seeking Alpha

Ship leasing company Ship Finance International (SFL) is facing a challenging oil market due to lackluster global growth, a glut of non-OPEC oil, and a surplus of capacity. For a company whose primary business is owning and leasing out a fleet of crude oil tankers under long-term, fixed-price contracts, this market reality represents a big problem. Now fortunately, because of the firm's long-term contracted $5.8B revenue backlog, SFL is doing a good job staying afloat in the choppy market.

Yet with tanker markets likely to remain weak for the next 12-24 months, it is important for SFL to think about other self-help revenue strategies. The most important of these initiatives to date for the company is its move...

Only subscribers can access this article, which is part of the PRO research library covering 3,775 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: