tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Safe Bulkers announces sale of a 2004-built Panamax class dry-bulk vessel

Safe Bulkers announced that it has entered into an agreement for the sale of MV Katerina, a 2004 Japanese built, Panamax class, dry-bulk vessel at a gross sale price of $10.2 million. The vessel will be delivered to her new owners within December 2023. Dr. Loukas Barmparis, President of the Company, commented: “MV Katerina, the oldest vessel in our fleet was sold as part of our renewal strategy. The Company’s remaining orderbook includes eight more Phase 3 newbuilds, two of which are methanol dual fuel, to be delivered by Q1-2027, targeting one of the most environmentally efficient dry bulk fleets in the market.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on SB:

Disclaimer & DisclosureReport an Issue

1