Safe Bulkers (SB) announced 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 $11.5 million and delivery date in September 2025. 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.”
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