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Safe Bulkers Sheds Second Vintage Kamsarmax

Summary by Splash247
Greek dry bulk owner Safe Bulkers has continued to clear out older tonnage with the sale of another one of its ageing kamsarmax vessels as it makes room for newbuild deliveries over the next two years. The New York-listed firm is offloading the 2007 Tadotsu Tsuneishi-built Pedhoulas Merchant to an undisclosed buyer for $11.5m. The …
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2 Articles

Splash247Splash247

Safe Bulkers sheds second vintage kamsarmax

Greek dry bulk owner Safe Bulkers has continued to clear out older tonnage with the sale of another one of its ageing kamsarmax vessels as it makes room for newbuild deliveries over the next two years. The New York-listed firm is offloading the 2007 Tadotsu Tsuneishi-built Pedhoulas Merchant to an undisclosed buyer for $11.5m. The …

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Dry BulkDry Bulk

Safe Bulkers, Inc. announces sale of a 2006-built Kamsarmax class dry-bulk vessel

Safe Bulkers announce that it has entered into an agreement for the sale of MV Pedhoulas Merchant at a gross sale price of US$11.5 million and delivery date in September 2025.

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Dry Bulk broke the news in on Tuesday, August 12, 2025.
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