{"id":688795,"date":"2022-09-26T09:33:32","date_gmt":"2022-09-26T13:33:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/"},"modified":"2022-09-26T09:33:32","modified_gmt":"2022-09-26T13:33:32","slug":"safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/","title":{"rendered":"Safe Bulkers, Inc. Announces Sale of one Kamsarmax Vessel"},"content":{"rendered":"<div class=\"mw_release\">\n<p>MONACO, Sept.  26, 2022  (GLOBE NEWSWIRE) &#8212; 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 Trader, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel at a net sale price of $15.84 million and forward delivery date within December 2022.<\/p>\n<p align=\"justify\">Dr. Loukas Barmparis, President of the Company commented: \u201cWe continued to sell older tonnage as we take delivery of our newbuild IMO Phase 3 vessels, improving the fleet environmental performance and increasing our competitiveness in the new more stringent regulatory environment.\u2019\u2019<\/p>\n<p align=\"justify\">\n        <strong>Abo<\/strong><br \/>\n        <strong>u<\/strong><br \/>\n        <strong>t Safe<\/strong><br \/>\n        <strong>B<\/strong><br \/>\n        <strong>u<\/strong><br \/>\n        <strong>l<\/strong><br \/>\n        <strong>k<\/strong><br \/>\n        <strong>er<\/strong><br \/>\n        <strong>s, I<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>c<\/strong><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p align=\"justify\">The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world\u2019s largest users of marine drybulk transportation services. The Company\u2019s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols \u201cSB\u201d, \u201cSB.PR.C\u201d, and \u201cSB.PR.D\u201d, respectively.<\/p>\n<p align=\"justify\">\n        <strong>Fo<\/strong><br \/>\n        <strong>r<\/strong><br \/>\n        <strong>wa<\/strong><br \/>\n        <strong>r<\/strong><br \/>\n        <strong>d<\/strong><br \/>\n        <strong>&#8211;<\/strong><br \/>\n        <strong>Loo<\/strong><br \/>\n        <strong>k<\/strong><br \/>\n        <strong>i<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>g <\/strong><br \/>\n        <strong>S<\/strong><br \/>\n        <strong>ta<\/strong><br \/>\n        <strong>te<\/strong><br \/>\n        <strong>m<\/strong><br \/>\n        <strong>e<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>ts<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company\u2019s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201canticipates,\u201d \u201chopes,\u201d \u201cestimates\u201d and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company\u2019s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company\u2019s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.<\/p>\n<p>\n        <strong>For<\/strong><br \/>\n        <strong>fur<\/strong><br \/>\n        <strong>t<\/strong><br \/>\n        <strong>h<\/strong><br \/>\n        <strong>e<\/strong><br \/>\n        <strong>r<\/strong><br \/>\n        <strong>i<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>f<\/strong><br \/>\n        <strong>o<\/strong><br \/>\n        <strong>r<\/strong><br \/>\n        <strong>m<\/strong><br \/>\n        <strong>ation <\/strong><br \/>\n        <strong>p<\/strong><br \/>\n        <strong>lease<\/strong><br \/>\n        <strong> c<\/strong><br \/>\n        <strong>o<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>ta<\/strong><br \/>\n        <strong>c<\/strong><br \/>\n        <strong>t: Co<\/strong><br \/>\n        <strong>mp<\/strong><br \/>\n        <strong>a<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>y Conta<\/strong><br \/>\n        <strong>c<\/strong><br \/>\n        <strong>t:<\/strong><br \/>\n        <br \/>Dr. Loukas Barmparis<br \/>President<br \/>Safe Bulkers, Inc.<br \/>Tel.: +30 2 111 888 400<br \/>Fax: +30 2 111 878 500<br \/>E-Mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sg-ODz7GT5cBdtm49JTKTOUqKum_gCtqBSLWYjrvdSopEcW3UnYctQVOYJI0J9ja6iZejTpfltbdUwFcBHmXDvOFx6YGLgQK5d_lxqIZMw0=\" rel=\"nofollow noopener\" target=\"_blank\"><u>d<\/u><u>irec<\/u><u>t<\/u><u>o<\/u><u>r<\/u><u>s<\/u><u>@<\/u><u>sa<\/u><u>f<\/u><u>e<\/u><u>b<\/u><u>u<\/u><u>l<\/u><u>k<\/u><u>e<\/u><u>r<\/u><u>s<\/u><u>.c<\/u><u>om<\/u><\/a><\/p>\n<p>\n        <strong>I<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>v<\/strong><br \/>\n        <strong>e<\/strong><br \/>\n        <strong>stor<\/strong><br \/>\n        <strong>R<\/strong><br \/>\n        <strong>e<\/strong><br \/>\n        <strong>latio<\/strong><br \/>\n        <strong>n<\/strong><br \/>\n        <strong>s \/ M<\/strong><br \/>\n        <strong>ed<\/strong><br \/>\n        <strong>ia<\/strong><br \/>\n        <strong>Conta<\/strong><br \/>\n        <strong>c<\/strong><br \/>\n        <strong>t:<\/strong><br \/>\n        <br \/>Nicolas Bornozis, President<br \/>Capital Link, Inc.<br \/>230 Park Avenue, Suite 1536<br \/>New York, N.Y. 10169<br \/>Tel.: (212) 661-7566<br \/>Fax: (212) 661-7526<br \/>E-Mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Lyzar2ZAx93k84uxDvatg22B3z-B6IrVqnhX_VMneE8MtlngwHXl2zRETyFpXj-RnLsPv1th7LzhHWCwLNA43QxyWMvkgGlFCgptgJ4G7GzFgBAYI8U_UDoyfs-HQlLu\" rel=\"nofollow noopener\" target=\"_blank\"><u>s<\/u><u>a<\/u><u>f<\/u><u>e<\/u><u>bulk<\/u><u>e<\/u><u>rs@<\/u><u>c<\/u><u>a<\/u><u>p<\/u><u>i<\/u><u>t<\/u><u>a<\/u><u>l<\/u><u>l<\/u><u>ink.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1MzI1NiM1MTcxNTc0IzUwMDAzMTMwOQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YTg5YWI0YWEtNzE0Yy00YzE0LWIyOWItMDZlZmMyODE1NWIxLTUwMDAzMTMwOQ==\/tiny\/Safe-Bulkers-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MONACO, Sept. 26, 2022 (GLOBE NEWSWIRE) &#8212; 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 Trader, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel at a net sale price of $15.84 million and forward delivery date within December 2022. Dr. Loukas Barmparis, President of the Company commented: \u201cWe continued to sell older tonnage as we take delivery of our newbuild IMO Phase 3 vessels, improving the fleet environmental performance and increasing our competitiveness in the new more stringent regulatory environment.\u2019\u2019 Abo u t Safe B u l k er s, I n c . The Company is an international &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Safe Bulkers, Inc. Announces Sale of one Kamsarmax Vessel&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688795","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Safe Bulkers, Inc. Announces Sale of one Kamsarmax Vessel - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Safe Bulkers, Inc. Announces Sale of one Kamsarmax Vessel - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MONACO, Sept. 26, 2022 (GLOBE NEWSWIRE) &#8212; 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 Trader, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel at a net sale price of $15.84 million and forward delivery date within December 2022. Dr. Loukas Barmparis, President of the Company commented: \u201cWe continued to sell older tonnage as we take delivery of our newbuild IMO Phase 3 vessels, improving the fleet environmental performance and increasing our competitiveness in the new more stringent regulatory environment.\u2019\u2019 Abo u t Safe B u l k er s, I n c . The Company is an international &hellip; Continue reading &quot;Safe Bulkers, Inc. 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Dr. Loukas Barmparis, President of the Company commented: \u201cWe continued to sell older tonnage as we take delivery of our newbuild IMO Phase 3 vessels, improving the fleet environmental performance and increasing our competitiveness in the new more stringent regulatory environment.\u2019\u2019 Abo u t Safe B u l k er s, I n c . The Company is an international &hellip; Continue reading \"Safe Bulkers, Inc. Announces Sale of one Kamsarmax Vessel\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-26T13:33:32+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1MzI1NiM1MTcxNTc0IzUwMDAzMTMwOQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/safe-bulkers-inc-announces-sale-of-one-kamsarmax-vessel-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Safe Bulkers, Inc. 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