Safe Bulkers announced on Tuesday the signing of yet another newbuilding — its 15th in the past three years.

However, unlike its most recent order back in October, the Polys Hajioannou-led company did not order more dual-fuelled methanol ships but switched back to conventionally-fuelled units instead.

Its latest newbuilding is a 82,000-dwt kamsarmax to be delivered in the first half of 2026 by an unidentified Japanese yard with a view to meeting the latest EEDI Phase 3 requirements and complying with the IMO’s latest NOx-Tier III rules.