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Safe Bulkers, Inc. secures Capsize vessel

Published by , Assistant Editor
Dry Bulk,

Safe Bulkers, Inc. announced that it has entered into an agreement for the acquisition of a Japanese, 2014-built, 181 000 DWT, dry bulk, Capesize class vessel, to be named MV Maria, with a scheduled delivery date within February 2022.

The vessel will be acquired at a purchase price of US$33.8 million and will be financed from the cash reserves of the company.

Dr. Loukas Barmparis, President of Safe Bulkers, Inc commented: “This will be our sixth Cape and the 40th vessel in our fleet. MV Maria is sister vessel to our recently acquired MV Stelios Y and was bought, at what we believe to be a competitive price, capitalising on the Capesize market seasonal weakness.”

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Dry bulk shipping market Capesize news