Safe Bulkers Orders Four Newbuild Dry Bulk Vessels from Japan
Safe Bulkers, a Greek dry bulk owner, has finalized agreements to acquire four new dry bulk vessels from Japanese shipyards. The order includes three 82,000 dwt Kamsarmaxes, scheduled for delivery in 2029, and one 182,000 dwt Capesize vessel. This expansion reflects a strategic…
Safe Bulkers, a prominent Greek dry bulk shipping company, has confirmed agreements for the acquisition of four new dry bulk vessels from Japanese shipbuilders. The order comprises three Kamsarmax-class vessels, each with a deadweight tonnage (dwt) of 82,000. Two of these Kamsarmaxes are expected to be delivered during the first half of 2029, with the third following in the third quarter of the same year. Additionally, the order includes one Capesize vessel, boasting a substantial 182,000 dwt.
This strategic move by Safe Bulkers aims to expand and modernize its fleet. Investing in newbuilds typically allows carriers to integrate more fuel-efficient and environmentally compliant vessels, aligning with future regulatory standards and operational cost reductions.