Safe Bulkers acquires one capesize class dry-bulk Japanese vessel

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January 28 2022 Print This Article

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a 2014-built, Japanese, dry-bulk, 181,000 dwt, Capesize class vessel, to be named MV Maria, with a scheduled delivery date within February 2022.

The vessel will be acquired at a purchase price of $33.8 million and will be financed from the cash reserves of the Company.

Dr. Loukas Barmparis, President of the Company commented: “This will be our sixth Cape and the 40th vessel in our fleet. MV Maria is sister vessel to our recently acquired MV Stelios Y and was bought, at what we believe to be a competitive price, capitalizing on the Capesize market seasonal weakness.”