Safe Bulkers Inc. (SB) Expands its Fleet to 40 Ships with A Capesize Vessel - Dr. Loukas Barmparis

January 26, 2022
14:58 Min.


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Podcast Summary

Safe Bulkers Inc. (NYSE: SB) Expands its Fleet to 40 Ships with A Capesize Vessel - With Dr. Loukas Barmparis, President and Director of SB

Summary:

  • Fleet Renewal Focusing on Japanese Built Environmentally Advanced Vessels
  • Company Aims to Compete on Fleet Environmental Performance
  • Acquisition Takes Advantage of Seasonal Market Weakness
  • Looking at Various Capital Allocation Alternatives
  • Management Remains Positive on the Outlook of the Dry Bulk Market

January 26, 2022

Trending News - In this series we have the opportunity to discuss with company management the recent news and announcements they have made.

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 and Series D preferred stock is listed on the NYSE, where it trades under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively. More information here: www.safebulkers.com