Safe Bulkers Announces Sale of Kamsarmax Vessel


Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the sale of MV Pedhoulas Fighter, a 2012 Chinese-built, Kamsarmax class, dry-bulk vessel at gross sale price of $23.7 million and forward delivery date within the fourth quarter of 2021.

Including this agreement and the previously announced agreements, the Company has sold seven vessels, has acquired four second-hand vessels and has ordered eight Japanese newbuild vessels with deliveries starting from Q2 2022 until Q1 2024.

Dr. Loukas Barmparis, President of the Company commented: “With the sale of MV Pedhoulas Fighter we conclude the sale of three sisterships, Kamsarmax class, Chinese-built vessels, gradually renewing our fleet with modern more efficient Japanese built newbuilds or Japanese-built younger vessels.”