Dry CargoEurope

Safe Bulkers sells panamax

Monaco-based Safe Bulkers’s fleet renewal programme continues apace with the sale of a 2003-built panamax, Koulitsa, for $13.6m. The sale comes with a forward delivery date within the fourth quarter of 2021. The buyer has yet to be revealed.

Dr Loukas Barmparis, president of Safe Bulkers, commented: “The MV Koulitsa will be replaced by the previously announced acquisition of the 2013-built, panamax class, dry bulk vessel to be named MV Koulitsa 2, purchased at a price of $22m with an expected delivery within July 2021, which has already been chartered at a gross daily charter rate of $24,000 for a period of 12 months. This transaction concludes the sale of all our vessels built prior to 2004.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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