$6.58
+0.14(2.25%)
Mkt Cap $674M
$3.05
$6.66
52-Week Range
At a Glance
AI-generated6-K
Safe Bulkers, Inc. announced the sale of MV Michalis H, a 2012 Chinese-built Capesize class dry-bulk vessel, for a gross sale price of $35.2 million with forward delivery in Q1 2026. The transaction supports the company's fleet renewal strategy, with its current orderbook consisting of eight vessels through 2029.$674M
Market Cap
$276M
Revenue
$39M
Net Income
Employees941
Fundamentals
How The Business Makes Money
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.
Industry Marine Shipping
Activity
Company Profile
CIK0001434754
ISINMHY7388L1039
CUSIPY7388L103
Phone30 2 111 888 400
AddressLes Acanthes, Monaco, 98000, MC
SEC EDGAR