Safe Bulkers, Inc. (SB.PD) company profile

Safe Bulkers, Inc. is an international provider of marine dry bulk transportation services. The company transports bulk cargo globally, chartering its fleet of dry bulk vessels on period time charters or in the spot charter market. Its customers include major multinational commodity trading enterprises, such as Cargill International S.A., ADM International S.A.R.L., Nippon Yusen Kabushiki Kaisha, and Olam International Limited. The company organizes its vessel operations, technical management, and commercial chartering activities through affiliated management companies.

The company operates a fleet of dry bulk cargo vessels, comprising Capesize, Post-Panamax, Kamsarmax, and Panamax class carriers that navigate worldwide shipping routes. Safe Bulkers is incorporated in the Republic of the Marshall Islands and maintains its principal executive office in Monaco, with additional operational and management support based in Cyprus and Greece.

Summary of the business section of Safe Bulkers's latest annual report, written by StockData.

“Per Share Total Public offering price $19.00 $190,000,000 Underwriting discounts and commissions $1.235 $12,350,000 Proceeds to selling stockholder $17.765 $177,650,000 The underwriters may also purchase up to an additional 1,500,000 shares of our common stock from the selling stockholder at the public offering pri”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As of December 31, 2025, approximately 933 people served on board the vessels in our fleet, and our Managers employed approximately 174 people on shore.”