Safe Bulkers, a marine drybulk transportation services provider, announced that it has agreed with Erma First, a Greek -based company, to install in all Safe Bulkers’ vessels a Ballast Water Treatment System (BWTS).
Safe Bulkers noted that, the first installation of Erma First BWTS is expected to take place in their next dry-docking in the first quarter 2018.
The installation on all the vessels and related capital expenditure is expected to be expanded over a period of five years according to the company’s dry-docking schedule.
“The Company has cooperated with Erma First intensively the previous months to optimize and adapt the system in Company’s vessels,” Safe Bulkers stated.
Loukas Barmparis, President of the Company, commented: “We decided to install in all our vessels Erma First BWTS, which is designed and produced in Greece, starting at an early stage which provides us with certain commercial and financial advantages, including availability of equipment, minimization of down time, unrestricted worldwide trading the following years and the financial benefits of a block order”.