The New York stock-listed drybulk owner Safe Bulkers has sealed a deal to offload two Japanese dry bulk vessels for $27.7m.
The Polys Hajioannou-led company said the company is selling Xenia, a 2006 Japanese-built post-panamax dry bulk vessel, for a gross sale price of $13m, and Pedhoulas Commander, a 2008 Japanese-built kamsarmax dry bulk vessel, for a gross sale price of $14.7m.
Both vessels are expected to be delivered to their new owners with their scheduled dry-dockings due, upon completion of their current voyages.
Dr. Loukas Barmparis, president of Safe Bulkers, commented: “As part of our fleet renewal strategy, we have recently divested our oldest kamsarmax and post-panamax vessels, following our continued investment in modern newbuilds.
“These well-timed divestments support our objective of maintaining a young, modern, fuel-efficient, and environmentally advanced fleet.”
Since 2022, the company has taken delivery of 13 IMO GHG Phase 3 – NOx Tier III vessels.
The company’s fleet portfolio consists of 45 dry bulk vessels while its orderbook stands at 11 dry bulk newbuildings, two of which dual-fueled, with an aggregate carrying capacity of 1 million dwt. The deliveries of the newbuildings are scheduled between the third quarter of 2026 and the second quarter of 2029.
Barmparis said, the company’s “current orderbook includes eleven additional newbuilds, with delivery schedules aligned to our fleet age profile.”
