Ship Finance International kept its dividend unchanged as it rang in higher third quarter profit.
The John Fredriksen-backed company is paying out $0.35 per share for the three months to the end of September, in line with the previous quarter despite Seadrill’s Chapter 11 filing.
As TradeWinds has reported previously, the shipowner has accepted a lower rate on three rigs chartered to Seadrill as part of the driller’s restructuring plan.
