Safe Bulkers: Sale of one Kamsarmax Vessel

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Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the sale of MV Pedhoulas Trader, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel at a net sale price of $15.84 million and forward delivery date within December 2022.

Dr. Loukas Barmparis, President of the Company commented: “We continued to sell older tonnage as we take delivery of our newbuild IMO Phase 3 vessels, improving the fleet environmental performance and increasing our competitiveness in the new more stringent regulatory environment.’’