Safe Bulkers, Inc. (SB) Update & Outlook - Capital Link Presentation Series | January 31,2024

January 31, 2024
38:24 Min.


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Podcast Summary

Safe Bulkers, Inc. (NYSE: SB) Update & Outlook - Capital Link Presentation Series | 1.31.24

Company Management Speakers:

• Dr. Loukas Barmparis, President

• Mr. Konstantinos Adamopoulos, CFO

• Mr. Thanasis Antonakis, Assistant CFO, Chief Compliance Office

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 has a fleet of 46 vessels, consisting of 11 Panamax, 9 Kamsarmax, 18 Post-Panamax and 8 Capesize vessels, with an aggregate carrying capacity of 4.6 million dwt and an average age of 10.5 years. Twelve vessels in the Company's fleet are eco-ships built after 2014, and seven are IMO GHG Phase 3 - NOx Tier III vessels built 2022 onwards. The Company has an outstanding orderbook of nine Phase 3 newbuild vessels, two of which are methanol dual fuel, with scheduled deliveries three in 2024, two in 2025, three in 2026, and one in 2027. The Company's common stock, series C preferred stock and series D preferred stock are listed on the New York Stock Exchange, and trade under the symbols "SB", "SB.PR.C", and "SB.PR.D", respectively. For more information about Safe Bulkers, Inc. please visit www.safebulkers.com

About Series

Capital Link Company Presentation Series features Senior Management of publicly listed maritime companies will present their business and strategy, overall development and outlook to a wider investor audience. Please follow the link below for more information: https://webinars.capitallink.com/2024/company_presentation

Disclaimer

Founded in 1995, Capital Link provides Investor & Public Relations and Media services to several listed and private companies, including companies featured in these webinars. Our webinars, including the one in this video, are for informational and educational purposes and should not be relied upon. They do not constitute an offer to buy or sell securities or investment advice or advice of any kind. The views expressed are not those of Capital Link which bears no responsibility for them. In addition, Capital Link organizes a series of industry and investment conferences annually in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo.

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