The New York Stock Exchange listed Safe Bulkers, announces the sale of “Katerina”, a 2004 Japanese built panamax bulkcarrier for a gross sales price of $10.2m.

The company states that the panamax “Katerina” will be delivered to her new owners within December 2023.

“MV “Katerina”, the oldest vessel in our fleet was sold as part of our renewal strategy. Company’s remaining orderbook includes eight more Phase 3 newbuilds, two of which are methanol dual fuel, to be delivered by Q1-2027, targeting one of the most environmentally efficient dry bulk fleets in the market,” Dr. Loukas Barmparis, president of Safe Bulkers, commented on the sale.

After the reported sale, the company has a fleet of 46 vessels, consisting of 11 panamax, 9 kamsarmax, 18 post-panamax and 8 capesize vessels, with an aggregate carrying capacity of 4.6 million dwt and an average age of 10.5 years.