Safe Bulkers Focusing on Long-Term Competitiveness Through Fleet Renewal
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Podcast Summary
Safe Bulkers Focusing on Long-Term Competitiveness Through Fleet Renewal
August 5, 2025
Featuring:
- Dr. Loukas Barmparis, President of Safe Bulkers, Inc. (NYSE:SB)
- Mr. Nicolas Bornozis, President of Capital Link, Inc.
In this episode, Dr. Loucas Barmparis presented Safe Bulkers' financial performance and market prospects, highlighting the company's strong liquidity position and fleet composition while discussing the dry bulk market's medium to long-term evolution. The discussion covered environmental investments and vessel upgrades, including details about Phase 3 new builds and their competitive advantages in fuel efficiency and cost savings. Dr. Barbaris concluded by explaining Safe Bulkers' capital allocation strategy, emphasizing the importance of maintaining comfortable leverage, liquidity, and rewarding shareholders through dividends.
About SB - The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB,” “SB.PR.C” and “SB.PR.D,” respectively. For more information please visit here: www.safebulkers.com
Capital Link Trending News Webinar Series - This Webinar Series features interviews and discussions with senior management elaborating on recent company news and announcements, and market trends. For more episodes please visit here: https://capitallinkshipping.com/trending-news/