New York-listed shipowner Safe Bulkers has signed a newbuilding contract for two dual-fueled, 81,200 dwt kamsarmax class dry-bulk vessels, with scheduled delivery in the fourth quarter of 2026 for the first vessel, and in the first quarter of 2027 for the second vessel.

The company notes that the newbuild vessels are designed to meet the requirements of Energy Efficiency Design Index related to Green House Gas, GHG emissions, ‘EEDI, Phase 3’ and to comply with the NOx emissions regulation, NOx-Tier III.

The vessels are also capable of operating with methanol and fuel. When powered by green methanol the ships can produce close to zero GHG emissions based on the life cycle assessment (LCA) methodology well-to-propeller (WTP), as the shipowner highlights.

“Following our fleet renewal strategy developed after 2019 with 12 newbuilds, we have extensively assessed the use of technologies leading to net-zero GHG emissions. The two new contracts, with relatively prompt deliveries, signed today, reflect our ambition to be in the forefront of environmental developments,” said Dr. Loukas Barmparis, president of Safe Bulkers.

Safe Bulkers, currently has a fleet of 45 vessels, consisting of eleven panamax, eight kamsarmax, eighteen post-panamax and eight capesize vessels, with totally 4.6 million dwt and an average age of 10.6 years.

The shipowner already has taken delivery of five IMO GHG Phase 3 NOx Tier III vessels and is expected to take delivery nine additional newbuilds, two of which dual-fueled, with scheduled deliveries two in 2023, three in 2024, two in 2025, one in 2026 and one in the first quarter of 2027.