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Safe Bulkers Announces Sale Of MV Pedhoulas Merchant At Gross Sale Price Of $11.5M Million And Delivery Date In September 2025

Author: Benzinga Newsdesk | August 12, 2025 08:09am

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 Merchant, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel, at a gross sale price of $11.5 million and delivery date in September 2025.

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