Skip to main content

Safe Bulkers has announced the sale of a panamax vessel

Published by , Editorial Assistant
Dry Bulk,

Safe Bulkers, Inc. has announced that it has entered into an agreement for the sale of MV Katerina, a 2004 Japanese built, panamax class, dry-bulk vessel at a gross sale price of US$10.2 million.

The vessel will be delivered to the new owners within December 2023.

The Company has a current fleet of 46 vessels, consisting of 11 panamax, nine kamsarmax, 18 post-panamax and eight capesize vessels, with an aggregate carrying capacity of 4.6 million DWT and an average age of 10.5 years.

Dr. Loukas Barmparis, President of the Company commented: “MV Katerina, the oldest vessel in our fleet was sold as part of our renewal strategy. Our company’s remaining orderbook includes eight more Phase three newbuilds, two of which are methanol dual fuel, to be delivered by Q1-2027, targeting one of the most environmentally efficient dry bulk fleets in the market.”

Click here for free registration to Dry Bulk

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Dry bulk shipping market Panamax news