Safe Bulkers to sell 2007-built Kamsarmax bulker for $12.5m

The sale is described as part of the company’s ongoing fleet renewal strategy. Dr. Loukas Barmparis, President of Safe Bulkers, commented on the sale, noting that the company had achieved its targeted sale price for the vessel.

He also provided an update on the company’s newbuilding program, confirming that Safe Bulkers currently has six new "energy-efficient" vessels on order. Of these newbuilds, four are scheduled to be delivered to the company within 2026.