Safe Bulkers Acquires Secondhand Panamax, says a press release published on their website.
- agreement for the acquisition of a 2013-built Japanese Panamax bulker
- safe Bulkers has paid $22m for the vessel
Acquisition of Japanese Panamax bulker
New York-listed Greek dry bulk owner Safe Bulkers has entered into an agreement for the acquisition of a 2013-built Japanese Panamax bulker.
Safe Bulkers has paid $22m for the vessel, which is scheduled for delivery by August 2021. The acquisition will be financed with cash on hand.
Loukas Barmparis, president of Safe Bulkers, commented: “This new acquisition is part of our efforts to gradually renew our fleet through selective acquisition of younger second-hand Japanese built tonnage replacing older vessels or Chinese built vessels. The core part of our renewal strategy remains the acquisition of advanced design energy-efficient newbuilds.”
Last month, Safe Bulkers bought two bulkers currently under construction while also offloading two older bulkers as part of its fleet renewal strategy.
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Source: Safe Bulkers
