SB News & Events

Safe Bulkers announced 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 $13M, and MV Pedhoulas Commander, a 2008 Japanese-built Kamsarmax dry bulk vessel, for a gross sale price of $14.7M. Both vessels are expected to be delivered to their new owners with their scheduled dry-dockings due, upon completion of their current voyages.

Safe Bulkers announced that it has entered into recapitulation agreements for the acquisition of four Japanese newbuild dry bulk vessels. "Safe Bulkers continues to invest selectively in modern newbuild vessels incorporating the latest-generation designs from leading shipyards, with delivery schedules aligned to the Company's fleet age profile and available slots. This strategy supports our fleet renewal pathway to maintain a young, modern, fuel-efficient, and environmentally advanced fleet, preserving our competitiveness," said Loukas Barmparis, president of the company.

Safe Bulkers announced that its board of directors has declared a cash dividend of 5c per share of outstanding common stock. The dividend is payable on March 18, 2026, to shareholders of record at the close of trading on March 2, 2026. "Our Board has declared a five cents per share dividend rewarding our common shareholders," said Loukas Barmparis, president of Safe Bulkers. "The Company maintains a prudent balance between spot and time-charter exposure, allowing it to capture market opportunities while preserving cash flow visibility".

Reports Q4 revenue $72.6M vs. $71.5M last year. The increase in revenue was primarily due to higher revenues from charter hires and scrubber-fitted vessels. "During 2025 the dry-bulk market witnessed increased market volatility mainly due to geopolitical reasons. In the fourth quarter of 2025 we achieved 14 cents of adjusted earnings per share and our Board has declared a five cents per share dividend rewarding our common shareholders," said president Loukas Barmparis.