rss icon Subscribe
desktop mobile

Safe Bulkers Expands Fleet

Photo: Safe Bulkers, Inc.

By Aiswarya Lakshmi

Safe Bulkers, in its Q1 financial results annoucements said that with the latest addition of Pedhoulas Rose, its fleet has increased to 38 dry bulk vessels.

In January 2017, the company took delivery of Pedhoulas Rose (Hull No. 1146), a 82,000 dwt, newbuild Kamsarmax class vessel.

Also in January, Safe Bulkers took delivery of Hull No. 1551, a 81,600 dwt, newbuild Kamsarmax class vessel which was subsequently sold to chief executive officer and chairman, Polys Hajioannou.
As of May 12, 2017, Safe Bulkers' operational fleet was comprised of 38 dry bulk vessels with an average age of 6.9 years and an aggregate carrying capacity of 3.4 million dwt.
"Taking into account our last contracted drybulk newbuild Kamsarmax class vessel, scheduled for delivery in 2018, our fleet will be comprised of 39 vessels, 11 of which will be eco-design vessels, with an aggregate carrying capacity of 3.5 million dwt, assuming no additional vessel acquisitions or disposals," the company said.

May 18, 2017

 

Logistics

Cindy's Remnants Drench Gulf Coast, Wreaking Havok

The remnants of Tropical Storm Cindy brought tornadoes and flooding to the U.S. Gulf Coast on Thursday and its heavy rains will drench much of the eastern United States in coming

KOGAS to Receive first Cheniere LNG Cargo

File Image: A typical LNG Carrier at Sea (CREDIT: MISC)

KOGAS to receive first LNG cargo from Cheniere in July; this marks start of 20-year supply contract.

Diana Shipping in Time Charter Contract for Clio with Phaethon

M/v Clio. Photo:  Diana Shipping Inc

Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered

Ship Sales

NORDEN Adds Another MR Tanker

A NORDEN MR product tanker (Photo: NORDEN)

Denmark based NORDEN said it has purchased a seven-year-old Japanese-built MR product tanker

Latvian Shipping Company Adds 25th Tanker to its Fleet

Elandra Falcon. Photo:  A/S Latvijas kuģniecība

The JSC Latvian Shipping Company subsidiary LSC Shipmanagement (LSCSM) supplemented the fleet

Odfjell Buys 5 Chemical Tanker Newbuilds

Odfjell SE informs it has signed a term sheet with Chemical Transportation Group, Inc (CTG) whereby Odfjell will acquire the last five of a total newbuilding order of 10 25

Maritime Apps