Safe Bulkers Inc. (NYSE: SB) is a dry bulk shipping company engaged in the ocean transport of commodities such as iron ore, coal, grain, and fertilizers. The company operates a modern fleet of vessels, including Panamax, Supramax and Kamsarmax bulk carriers, designed to serve a variety of trade routes and cargo types. Safe Bulkers’ fleet is employed under both time charter and voyage charter arrangements, offering flexibility to respond to market demand and optimize vessel utilization.
Founded in 2008, Safe Bulkers began trading its shares on the New York Stock Exchange in the same year, establishing itself as a publicly listed provider of dry bulk transportation services. Over the years, the company has focused on fleet renewal and expansion, taking delivery of newbuild vessels and selectively acquiring secondhand tonnage to maintain a competitive, fuel-efficient fleet. This disciplined approach to fleet management helps Safe Bulkers manage operating costs and comply with evolving environmental regulations.
Headquartered in Athens, Greece, Safe Bulkers maintains commercial and operational offices in major maritime centers worldwide, including New York, London and Singapore. Through these locations, the company coordinates global voyage planning, chartering and technical management. Safe Bulkers works with leading ship management firms to oversee crewing, maintenance and compliance, ensuring its vessels meet the safety and environmental standards required in international waters.
The company is governed by a board of directors and experienced executive team that emphasize corporate governance, risk management and shareholder transparency. Safe Bulkers participates actively in industry associations and frequently engages with investors, charterers and port authorities to support the efficient movement of bulk commodities. Its global network and fleet capabilities position the company to serve customers across Asia, Europe, the Americas and other key dry bulk markets.
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