Acquisition of Forklifts

In addition to SFL’s growing fleet of assets, 2 new forklifts (JCB Telescopic Forklift and TCM Standard Forklift) were acquired in 2014 to aid in cargo handling operations. SFL’s telescopic forklift is the first of its kind in Subic Bay, ideal for cargo handling, loading and stripping of containers with its ability to extend its boom and its interchangeable loader (fork/bucket). The JCB Telescopic Forklift’s bucket has a capacity 3 Tons and has a lifting capacity is 3.5 Tons while the TCM Forklift has a lifting capacity of 3 Tons. Both units are also available for rent.