Safe Bulkers continues fleet renewal with sale of two older dry bulk vessels

Safe Bulkers is continuing its fleet renewal strategy with the sale of two ageing dry bulk vessels, as the Greek shipowner pushes further toward a younger and more environmentally efficient fleet.  The New York-listed company confirmed it has agreed to sell the 2006-built post-panamax Xenia for $13m and the 2008-built kamsarmax Pedhoulas Commander for $14.7m.  Both vessels...

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