Safe Bulkers, Inc. Announces Sale of a 2006-Built Kamsarmax Class Dry-bulk Vessel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2025
0mins
Source: Globenewswire
Sale of Vessel: Safe Bulkers, Inc. announced the sale of its MV Pedhoulas Merchant vessel for $11.5 million, as part of a strategy to renew its fleet with four newbuilds expected by 2026.
Company Overview: Safe Bulkers is an international provider of marine drybulk transportation services, listed on the NYSE, and involved in transporting bulk cargoes like coal, grain, and iron ore globally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
