Continuing a double-barreled expansion policy through both secondhand vessels and newbuildings, Safe Bulkers announced late on Tuesday that it has ordered yet more ships.

The US-listed company said it has signed a pair of 82,500-dwt kamsarmaxes due for delivery in August 2024 and January 2025.

It revealed neither the identity of the yard nor the terms, other than to say in a statement that the order was placed with a “leading” builder in China at “attractive prices”.