Safe Bulkers sells Capesize vessel for $35.2m in fleet renewal move

Cyprus-linked shipping company Safe Bulkers, Inc. announced it has entered into an agreement for the sale of the MV Michalis H, a 2012 Chinese-built Capesize class dry-bulk vessel, at a gross sale price of $35.2 million, with forward delivery within the first quarter of 2026. At the same time, the company clarified the move forms […]