Safe Bulkers has announced the sale of a panamax vessel

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.”