Safe Bulkers, Inc. Announces Sale of a 2006-Built Kamsarmax Class Dry-bulk Vessel

MONACO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of MV Pedhoulas Merchant, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel, at a gross sale price of $11.5 million and delivery date in September 2025. Dr. Loukas Barmparis, President of the Company commented: “With this agreement, we wound up the sale of our two oldest Kamsarmax c ...