Safe Bulkers Announces Sale of Two Ships as Part of Fleet Renewal Strategy

Safe Bulkers has sold two older vessels for a total of $27.7 million, aligning with its fleet renewal plan to replace aging ships with more modern and fuel-efficient ones.

By Sara Sethiya, SA News Editor · Seeking Alpha · May 18, 2026, 20:18 UTC

Safe Bulkers Announces Sale of Two Ships as Part of Fleet Renewal Strategy

Tickers: $SB $SB PRC

Topics: asset sale fleet renewal shipping industry

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