SB News & Events

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.

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".

Safe Bulkers announced that it has entered into an agreement for the sale of MV Michalis H, a 2012 Chinese-built, Capesize class, dry-bulk vessel, at a gross sale price of $35.2M and a forward delivery date within the first quarter of 2026.

Safe Bulkers announced that it has entered into an agreement for the acquisition of two newbuild, 82,500 dwt, dry-bulk, Chinese, Kamsarmax class vessels, with scheduled delivery dates in the third quarter of 2028 and the first quarter of 2029. Dr. Loukas Barmparis, President of the Company commented: "We have placed these newbuild orders consistent with our fleet renewal strategy, aiming to increase the competitiveness and resiliency of the Company and to own one of the most modern and environmentally efficient dry bulk fleets in the market."