Safe Bulkers Fleet Renewal Programme Continues

1053

 

  • Safe Bulkers sells 2003-built panamax, Koulitsa.
  • The sale of panamax was for $13.6 million.
  • Safe Bulkers also announced acquisition of 2013-built, panamax class dry bulk vessel.

Safe Bulkers fleet renewal programme continues with a sale and acquisition, says a press release published on their website.

Fleet renewal programme

Sale details

Monaco-based Safe Bulkers’s fleet renewal programme continues apace with the sale of a 2003-built panamax, Koulitsa, for $13.6m. The sale comes with a forward delivery date within the fourth quarter of 2021. The buyer is yet to be revealed.

Acquisition details

Dr Loukas Barmparis, president of Safe Bulkers, commented: “The MV Koulitsa will be replaced by the previously announced acquisition of the 2013-built, panamax class, dry bulk vessel to be named MV Koulitsa 2, purchased at a price of $22m with an expected delivery within July 2021, which has already been chartered at a gross daily charter rate of $24,000 for a period of 12 months. This transaction concludes the sale of all our vessels built prior to 2004.”

Did you Subscribe to our daily newsletter?

It’s Free! Click here to subscribe

Source: Safe Bulkers