Secure Bulkers, Inc. (the Firm) (NYSE: SB), a global supplier of marine drybulk transportation providers, introduced immediately that it has entered into an settlement for the acquisition of a 2012-built, Chinese language, dry-bulk, 181,000 dwt, Capesize class vessel, to be named MV Michalis H, with a scheduled supply date inside Might 2022. The vessel will likely be acquired at a gross buy worth of $30.0 million and will likely be financed from the money reserves of the Firm.
Dr. Loukas Barmparis, President of the Firm, commented: “We’ve got additional expanded within the Cape market phase buying our seventh vessel, at what we consider a aggressive buy worth, using our liquidity.”
Supply: Secure Bulkers, Inc.