Investment thesis
In my last article on SFL Corporation (SFL), titled "13% Dividend, But Not Without Risk," I did raise some concerns about the fragility of the world trade during this pandemic and if this potentially could force liner shipping companies to revise charter rates on container ships.
Another risk associated with SFL is the depressed market offshore drilling assets have to face. Its customer Seadrill (SDRL) is burning cash. Although SFL is presently not experiencing that pain, there will come a time when it also will have to face this pain.
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