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Safe Bulkers, Inc. Announces Sale of one Panamax Class Dry-bulk Vessel

March 15, 2023


Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of a Kamsarmax MV Efrossini, a 2012 Japanese-built, Panamax class, dry-bulk vessel at a gross sale price of $22.5 million and forward delivery date within June 2023.

Upon delivery to new owners, the vessel will be chartered back by the Company at a gross daily charter rate of $16,050 for a period of ten to fourteen months.

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