The New York Stock Exchange listed drybulk shipowner Safe Bulkers, Inc. has announced that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt Kamsarmax class drybulk vessel, with a scheduled delivery date within the fourth quarter of 2026.

The newbuild vessel is designed to meet the Phase 3 requirements of Energy Efficiency Design Index related to the reduction of greenhouse gas emissions (“IMO GHG -EEDI Phase 3”) as adopted by the International Maritime Organization (IMO) and also comply with the latest NOx emissions regulation, NOx-Tier III.

This newbuild vessel is a sister vessel to a number of newbuilds in our orderbook with advanced energy efficiency characteristics resulting to lower fuel consumption.

The Company has already taken delivery of nine 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 one in 2024, two in 2025, four in 2026, and one in 2027.

“This latest newbuild order with relatively prompt delivery compared to present slot availability, is part of our fleet renewal strategy and reflects our plans to own one of the most environmentally efficient dry bulk fleets in the market,” comments Dr. Loukas Barmparis, President of Safe Bulkers, Inc.

Source: Safe Bulkers, Inc.