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Welcome to Decisive Shipping Services LLC

Welcome to Decisive Shipping Services LLC

Safe Bulkers adds another capesize – Splash247


Monaco-headquartered Greek owner Safe Bulkers has bought its second cape this year with the acquisition of a 2012-built Chinese capesize bulker for $30m.

The 181,000 dwt vessel will be renamed Michalis H when it is delivered during next month. The acquisition takes the Safe Bulkers fleet to 41 vessels, of which seven are capesizes.

Loukas Barmparis, president of Safe Bulkers, commented: “We have further expanded in the Cape market segment acquiring our seventh vessel, at what we believe a competitive purchase price, utilizing our liquidity.”

Brokers have yet to identify the ship involved in the sale.



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