Photo credit: Safe Bulkers (image for illustration purposes only)

New-York listed Safe Bulkers dry-bulk provider has sealed a deal to acquire a Japanese, dry-bulk, Kamsarmax class vessel of 81,800 deadweight at an attractive price. The company expects the delivery of the vessel to take place within the second quarter of 2025.

The firm said the newbuild vessel is designed to meet the Energy Efficiency Design Index Phase 3 requirements related to the reduction of greenhouse gas emissions, and also to comply with the latest NOx emissions regulation.

As Safe Bulkers says this newbuild vessel is a sister vessel to a number of newbuilds in the company´s orderbook with advanced energy efficiency characteristics, and lower fuel consumption.

The dry-bulk shipping provider has an orderbook of nine newbuild vessels, including this agreement and following the delivery of the company´s third newbuild in January ´Climate Ethics´, with scheduled deliveries four in 2023, three in 2024 and two in 2025, of which one is Post-Panamax class and eight are Kamsarmax class vessels.

Safe Bulkers, an international provider of marine dry-bulk transportation services, transporting bulk cargoes, particularly grain, coal and iron ore, has 44 vessels, 12 of which are eco-ships, as the company says, and three are IMO GHG Phase 3 – NOx Tier III vessels, and also has an orderbook of nine IMO GHG Phase 3 – NOx Tier III newbuild vessels.