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SB Stock - Safe Bulkers Inc.


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Safe Bulkers, Inc. operates as a leading provider of marine drybulk transportation services worldwide. The company, along with its subsidiaries, specializes in owning and operating a fleet of drybulk vessels dedicated to transporting bulk cargoes such as coal, grain, and iron ore across international waters. As of March 18, 2022, Safe Bulkers maintained a fleet comprising 40 drybulk vessels, with an average age of 10.4 years, collectively boasting an aggregate carrying capacity of 3,925,500 deadweight tons.

The fleet of Safe Bulkers, Inc. is strategically diversified to include 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post-Panamax class vessels, and 6 Capesize class vessels. This comprehensive vessel portfolio enables the company to effectively meet the diverse transportation needs of its global clientele while ensuring operational efficiency and adherence to stringent safety standards. Headquartered in Monaco, Safe Bulkers continues to leverage its maritime expertise and robust fleet capabilities to sustainably support global trade and maritime logistics.

Established in 2007, Safe Bulkers, Inc. has established itself as a trusted name in the drybulk shipping industry, committed to delivering reliable and cost-effective transportation solutions. The company's strategic focus on fleet expansion and modernization underscores its dedication to enhancing operational performance and maintaining competitiveness in the dynamic global shipping market.

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Stock Sector: Transportation: Shipping

 

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