Safe Bulkers, Inc. Announces Sale of a 2006-Built Kamsarmax Class Dry-bulk Vessel
Safe Bulkers (NYSE:SB) has announced the sale of its 2006 Japanese-built Kamsarmax class vessel, MV Pedhoulas Merchant, for a gross sale price of $11.5 million. The vessel delivery is scheduled for September 2025.
This sale completes the company's divestment of its two oldest Kamsarmax vessels, including the previously sold Pedhoulas Leader (built 2007). The strategic move aligns with Safe Bulkers' fleet renewal initiative, as the company anticipates the delivery of four newbuilds in 2026. The company's total orderbook currently comprises six vessels with deliveries scheduled through 2027.
Safe Bulkers (NYSE:SB) ha annunciato la vendita della sua nave Kamsarmax costruita in Giappone nel 2006, la MV Pedhoulas Merchant, per un prezzo lordo di vendita di $11.5 million. La consegna della nave è prevista per settembre 2025.
Con questa vendita si completa la dismissione delle due Kamsarmax più anziane della compagnia, inclusa la già venduta Pedhoulas Leader (varata nel 2007). La mossa rientra nell'iniziativa di rinnovo della flotta di Safe Bulkers, che prevede la consegna di quattro nuove unità nel 2026. L'ordine totale della società include attualmente sei navi con consegne programmate fino al 2027.
Safe Bulkers (NYSE:SB) ha anunciado la venta de su buque Kamsarmax construido en Japón en 2006, la MV Pedhoulas Merchant, por un precio bruto de $11.5 million. La entrega del buque está programada para septiembre de 2025.
Con esta operación la compañía completa la desinversión de sus dos Kamsarmax más antiguas, incluida la previamente vendida Pedhoulas Leader (construida en 2007). La medida se enmarca en la iniciativa de renovación de flota de Safe Bulkers, que espera la entrega de cuatro nuevas construcciones en 2026. Su cartera de pedidos incluye actualmente seis buques con entregas previstas hasta 2027.
Safe Bulkers (NYSE:SB)는 2006년 일본에서 건조된 캄사맥스급 선박 MV Pedhoulas Merchant를 총 매각 대금 $11.5 million에 매각했다고 발표했습니다. 선박 인도는 2025년 9월로 예정되어 있습니다.
이번 매각으로 회사는 이전에 매각된 Pedhoulas Leader(2007년 건조)를 포함해 가장 오래된 두 척의 캄사맥스 선박 처분을 완료했습니다. 이 전략적 조치는 Safe Bulkers의 함대 개편 계획과 맞물려 있으며, 회사는 2026년에 4척의 신조선 인도를 기대하고 있습니다. 현재 총 발주잔량은 6척으로 2027년까지 인도가 예정되어 있습니다.
Safe Bulkers (NYSE:SB) a annoncé la vente de son navire Kamsarmax construit au Japon en 2006, la MV Pedhoulas Merchant, pour un prix de vente brut de $11.5 million. La livraison du navire est prévue pour septembre 2025.
Cette opération complète la cession des deux Kamsarmax les plus anciennes de la société, y compris la Pedhoulas Leader précédemment vendue (construite en 2007). Ce mouvement s'inscrit dans l'initiative de renouvellement de la flotte de Safe Bulkers, qui prévoit la livraison de quatre navires neufs en 2026. Le carnet de commandes total de la société comprend actuellement six navires avec des livraisons prévues jusqu'en 2027.
Safe Bulkers (NYSE:SB) hat den Verkauf ihres 2006 in Japan gebauten Kamsarmax-Schiffes MV Pedhoulas Merchant zu einem Bruttokaufpreis von $11.5 million angekündigt. Die Übergabe des Schiffes ist für September 2025 geplant.
Mit diesem Verkauf schließt das Unternehmen die Veräußerung seiner beiden ältesten Kamsarmax-Schiffe ab, einschließlich der bereits veräußerten Pedhoulas Leader (Baujahr 2007). Der strategische Schritt ist Teil der Flottenerneuerungsinitiative von Safe Bulkers, das die Lieferung von vier Neubauten im Jahr 2026 erwartet. Der aktuelle Auftragseingang umfasst insgesamt sechs Schiffe mit Lieferterminen bis 2027.
- Strategic fleet renewal through sale of older vessels
- Secured $11.5 million from vessel sale
- Strong orderbook of six new vessels through 2027
- Four newbuilds scheduled for delivery in 2026
- Reduction in current fleet capacity until new vessels are delivered
MONACO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of MV Pedhoulas Merchant, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel, at a gross sale price of
Dr. Loukas Barmparis, President of the Company commented: “With this agreement, we wound up the sale of our two oldest Kamsarmax class vessels, namely Pedhoulas Merchant built in 2006 and Pedhoulas Leader built in 2007, executing our strategy to renew our fleet in view of the four newbuilds expected to be delivered to us within 2026. The aggregate orderbook of the Company consists of six vessels until 2027.”
About Safe Bulkers, Inc.
The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, business disruptions due to natural disasters or other events, such as the COVID-19 pandemic, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for dry-bulk vessels, competitive factors in the market in which the Company operates, changes in TCE rates, changes in fuel prices, risks associated with operations outside the United States, general domestic and international political conditions, tariffs imposed as a result of trade war and trade protectionism, uncertainty in the banking sector and other related market volatility, disruption of shipping routes due to political events, risks associated with vessel construction and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertakings to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For further information please contact:
Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Tel.: +30 2 111 888 400
Fax: +30 2 111 878 500
E-Mail: directors@safebulkers.com
Investor Relations / Media Contact:
Nicolas Bornozis, President Capital Link, Inc.
230 Park Avenue, Suite 1536 New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com
FAQ
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