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Thu, May

Safe Bulkers offloads Japanese vessel pair for $27.7m

Safe Bulkers offloads Japanese vessel pair for $27.7m

Hellenic Shipping News

The New York stock-listed drybulk owner Safe Bulkers has sealed a deal to offload two Japanese dry bulk vessels for $27.7m.

The Polys Hajioannou-led company said the company is selling Xenia,

The New York stock-listed drybulk owner Safe Bulkers has sealed a deal to offload two Japanese dry bulk vessels for $27.7m.

The Polys Hajioannou-led company said the company is selling Xenia, a 2006 Japanese-built post-panamax dry bulk vessel, for a gross sale price of $13m, and Pedhoulas Commander, a 2008 Japanese-built kamsarmax dry bulk vessel, for a gross sale price of $14.7m.

Both vessels are expected to be delivered to their new owners with their scheduled dry-dockings due, upon completion of their current voyages.

Dr. Loukas Barmparis, president of Safe Bulkers, commented: “As part of our fleet renewal strategy, we have recently divested our oldest kamsarmax and post-panamax vessels, following our continued investment in modern newbuilds.

“These well-timed divestments support our objective of maintaining a young, modern, fuel-efficient, and environmentally advanced fleet.”

Since 2022, the company has taken delivery of 13 IMO GHG Phase 3 – NOx Tier III vessels.

The

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