Safe Bulkers, Inc. announces sale of a 2006-built Kamsarmax class dry-bulk vessel

Dr. Loukas Barmparis, President of the Company commented: “With this agreement, we wound up the sale of our two oldest Kamsarmax class vessels, namely Pedhoulas Merchant built in 2006 and Pedhoulas Leader built in 2007, executing our strategy to renew our fleet in view of the four newbuilds expected to be delivered to us within 2026. The aggregate orderbook of the Company consists of six vessels until 2027.”