A post-panamax bulk carrier owned by Safe Bulkers has been fixed to an unnamed counterparty on a 30-month timecharter at a gross rate of $7,250, less 1.25% total commissions. The contract will commence in April.
Safe Bulkers has six 87,000-dwt bulkers in its fleet but the specific vessel was not disclosed.
“This employment is anticipated to generate approximately $6.5m of gross revenue for the scheduled period of the timecharter,” the NYSE-listed company said today.
Yesterday, Safe Bulkers’ panamax Zoe was reportedly fixed to an unnamed charterer on a four- to six-month timecharter for $5,000 daily.
On January 15, the company received a notice of non-compliance from the New York Stock Exchange, stating that Safe Bulkers’ share price had traded at below $1.00 per share for over 30 consecutive trading days and therefore did not meet the NYSE’s continued listing standard. Safe Bulkers has six months to regain compliance.