Safe Bulkers acquires one capesize class dry-bulk Japanese vessel

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.”