Safe Bulkers expands newbuilding drive with fresh Chinese kamsarmax pair

The New York stock-listed drybulk owner Safe Bulkers has sealed an agreement for the acquisition of two Chinese dry-bulk newbuild vessels with scheduled delivery dates in the third quarter of 2028 and the first quarter of 2029.

The Polys Hajioannou-led company said the two 82,500-dwt kamsarmax-class vessels are sister to existing vessels in the company’s fleet with advanced energy efficiency characteristics.

The company has already taken delivery of twelve IMO GHG phase 3 – NOx tier III vessels.

Including this agreement, the company has an outstanding orderbook of eight newbuild vessels, two of which are methanol dual fuel, with scheduled deliveries four in 2026, two in 2027, one in 2028 and one in 2029.

Dr. Loukas Barmparis, president of Safe