Safe Bulkers, Inc. announces agreement for acquisition of capesize dry bulk vessel
Published by Jessica Casey,
Editor
Dry Bulk,
Safe Bulkers, Inc., an international provider of marine dry bulk transportation services, has entered into an agreement for the acquisition of a 2012-built, Chinese, dry bulk 181 000 DWT, capesize class vessel, to be named MV Michalis H, with a scheduled delivery date within May 2022. The vessel will be acquired at a gross purchase price of US$30 million and will be financed from the cash reserves of the company.
Dr Loukas Barmparis, President of Safe Bulkers, commented: “We have further expanded in the Cape market segment acquiring our seventh vessel, at what we believe a competitive purchase price, utilising our liquidity.”
Read the article online at: https://www.drybulkmagazine.com/shipping/19042022/safe-bulkers-inc-announces-agreement-for-acquisition-of-capesize-dry-bulk-vessel/
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