New York-listed Greek dry bulk owner Safe Bulkers has entered into an agreement for the sale of the oldest vessel in its fleet.
The company said it sold the 2005 Japanese-built, 76,000 dwt Maritsa panamax bulker at a gross sale price of $12.2m. The name of the buyer was left undisclosed. According to the company, the forward delivery date of the vessel will be from April 2024 to May 2024.
This is the second time in the last few months that the company sold what at the time was the oldest vessel in its fleet. In November, Safe Bulkers sold its then oldest vessel – the 2004-built, 76,015 dwt Katerina panamax – for $10.2m. Now, the oldest ships in the fleet were three vessels built in 2006.
“We continue our strategy to selectively sell older vessels and replace them with newbuilds aiming to improve our fleet’s environmental performance and increase our competitiveness in the new, more stringent regulatory environment,” said Loukas Barmparis, president of the company.
As of December 2023, the Safe Bulkers fleet consists of 48 dry bulk vessels – 10 panamax, 12 kamsarmax, 18 post-panamax, and eight capesize class vessels with an average age of 10 years and an aggregate carrying capacity of 4.8m dwt.