Port News

Safe Bulkers offloads two panamaxes, brings in another

NYSE-listed dry bulk owner Safe Bulkers has offloaded two of its older panamax vessels and brought in a 2011-built panamax. The company has agreed to sell Oshima-built (2003) Paraskevi for $7.3m, with delivery scheduled for March. In a separate agreement, it has also sold the Tsuneishi-built (2004) Vassos for a price of $8.7m. Both vessels …

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