Safe Bulkers Entered Into An Agreement For The Acquisition Of A Japanese, 82,000 dwt, Dry-Bulk, Kamsarmax Class Vessel; Scheduled Delivery Date Within H1 2026; Terms Not Disclosed
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Safe Bulkers, Inc. has agreed to acquire a new Japanese Kamsarmax class dry-bulk vessel with a capacity of 82,000 dwt, to be delivered in the first half of 2026. The financial terms of the acquisition were not disclosed. The vessel will comply with the Phase 3 Energy Efficiency Design Index for GHG emissions reduction and NOx-Tier III emissions standards. It is a sister vessel to others in Safe Bulkers' orderbook, featuring advanced energy efficiency for reduced fuel consumption.
December 19, 2023 | 2:08 pm
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Safe Bulkers, Inc. is set to acquire a new energy-efficient Kamsarmax vessel, enhancing its fleet with a delivery expected in H1 2026. The vessel's compliance with environmental regulations may appeal to eco-conscious investors.
The acquisition of a new vessel, especially one that meets stringent environmental standards, is likely to be viewed positively by investors who are increasingly focused on sustainability. This could lead to a short-term positive impact on Safe Bulkers' stock price, as it demonstrates the company's commitment to modernizing its fleet and adhering to international regulations. However, without financial terms disclosed, the full impact on the company's financials remains uncertain.
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