Safe Bulkers, Inc. Sells Oldest Vessel to Modernize Fleet and Improve Environmental Performance
Safe Bulkers, Inc., a leading player in the marine drybulk transportation sector, has successfully sold its oldest vessel, the MV Maritsa. The sale is part of the company’s ongoing strategy to modernize its fleet and meet tightening regulatory standards. The Panamax class dry-bulk vessel, built in 2005 in Japan, fetched a gross price of $12.2 million. The delivery of the vessel is expected to take place between April and May 2024.
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