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

New-York listed Safe Bulkers dry-bulk provider offloads a 2012 Japanese-built, Panamax class, dry-bulk vessel at a gross sale price of $22.5 million and forward delivery date within June 2023.

The vessel “Efrossini” will be delivered to its new owner and then chartered back by the company at a gross daily charter rate of $16,050 for a period of ten to fourteen months.

The company didn’t disclose the name of the buyer but said that it continues its strategy to selectively sell relatively older tonnage and proceed with newbuids.

Dr. Loukas Barmparis, President of the company said: “Having ordered recently an additional IMO Phase 3 newbuild Kamsarmax vessel and sold a 2012 Panamax vessel, we continue our strategy to selectively sell relatively older tonnage and gradually replace it with newbuilds of latest available designs, aiming to improve our fleets’ environmental performance and increase our competitiveness in a new more stringent regulatory environment.’’

Shipping Telegraph reported on 22nd of February that Safe Bulkers eyes potential acquisitions.

The 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 company 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 currently owns 44 vessels, 12 of which are eco-ships and three are IMO GHG Phase 3 – NOx Tier III vessels, and has an outstanding orderbook of nine IMO GHG Phase 3 – NOx Tier III newbuild vessels.