After announcing results last week, Safe Bulkers announce disposal of its oldest vessel, a 2004-built Panamax
Overall neutral move. Two newbuilds delivered recently, so no drop-off in rev.
Depending on when its next dry dock is scheduled in 2024, it could be a slight positive. Sales price around $10.2M
FWIW, original title was “SB sell old vessel” and the “smart” software claimed that was repeating phrases, gibberish – wow!