Safe Bulkers, Inc.·Industrials

MONACO, May 26, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, is pleased to announce today that, following today's session of its Listings and Market Operations Committee, Euronext Athens has confirmed that all listing requirements for a dual listing of Safe Bulkers' shares of common stock (ISIN code: MHY7388L1039) on the Main Market of Euronext are met, in accordance with Article 2, paragraph 4 of Law 3371/2005, subject to approval of a prospectus by the Hellenic Capital Markets Commission (the “HCMC”).

MONACO, May 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine dry bulk transportation services, announced today that it has entered into agreements for the sale of two vessels: MV Xenia, a 2006 Japanese-built Post-Panamax dry bulk vessel, for a gross sale price of $13.0 million, and MV Pedhoulas Commander, a 2008 Japanese-built Kamsarmax dry bulk vessel, for a gross sale price of $14.7 million. Both vessels are expected to be delivered to their new owners with their scheduled dry-dockings due, upon completion of their current voyages.

MONACO, May 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine dry bulk transportation services, announced today that it has entered into agreements for the sale of two vessels: MV Xenia, a 2006 Japanese-built Post-Panamax dry bulk vessel, for a gross sale price of $13.

MONACO, May 11, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company") (NYSE: SB), an international provider of marine dry bulk transportation services, announced today that it has entered into recapitulation agreements for the acquisition of four Japanese newbuild dry bulk vessels. The three newbuild vessels are 82,000 dwt, Kamsarmax class, with scheduled delivery dates of two in the first half and one in the third quarter of 2029. One newbuild vessel is a 182,000 dwt Capesize class, with scheduled delivery date in the second half of 2029.

MONACO, April 15, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that on the recommendation of the Corporate Governance, Nominating and Compensation Committee, the Board of Directors of the Company (the “Board”) voted to expand the size of the Board from nine to eleven directors and to appoint Jeffrey Bunzel and Vassilis Hajioannou to fill the new positions, with immediate effect. The Board has determined that Mr. Bunzel is independent for the purposes of NYSE independence standards and has appointed Mr. Bunzel to serve on the Corporate Governance, Nominating and Compensation Committee, the Environmental, Social and Corporate Governance Committee and the Audit Committee.

Safe Bulkers, Inc. has surged YoY, driven by a modernized fleet and strong tailwinds in the dry bulk market. SB's young, compliance-ready fleet and balanced chartering strategy provide commercial advantages and cash flow resilience. Despite operational strengths, SB stock now trades near historical P/B peaks, compressing its dividend yield to a five-year low of 3%.
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Industrials
Marine Shipping
941
2008-05-30
0.90