Safe Bulkers, Inc.SB
What Safe Bulkers, Inc. does.
We are an international provider of marine drybulk transportation services, that owns and operates a modern and diverse fleet of dry bulk vessels, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest consumers of marine drybulk transportation services. As of February 20, 2026, we had a fleet of 45 drybulk vessels, with an aggregate carrying capacity of 4,559,000 dwt.
We employ our vessels on both period time charters and spot time charters, according to our assessment of market conditions, with some of the world’s largest consumers of marine drybulk transportation services. The vessels we deploy on period time charters provide us with relatively stable cash flow and high utilization rates, while the vessels we deploy in the spot market allow us to maintain our flexibility in low charter market conditions. We are focused on owning a modern, well-maintained fleet with the best designs in the shipping dry-bulk sector, targeting to reduce the environmental impact from our operations. Over the past several years, we have made publicly available our annual sustainability report, where we present in detail our environmental, social and governance strategy for the future, as well as the impact of our operations and business on society and the environment. We believe that integrating ESG at the very heart of our corporate strategy, will enable us to continue to have access to capital, enjoy existing and future investors' trust, reduce our fleets' carbon footprint and remain competitive in the dry bulk market.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net income | -$12.9M | $174.3M | $172.6M | $77.4M | $97.4M | $38.6M |
More on SB.
- Safe Bulkers, Inc. summary
- Safe Bulkers, Inc. financial statements
- Safe Bulkers, Inc. key metrics
- Safe Bulkers, Inc. health scores and style box
- Safe Bulkers, Inc. earnings
- Safe Bulkers, Inc. dividends
- Safe Bulkers, Inc. valuation
- Safe Bulkers, Inc. ownership and insiders
- Safe Bulkers, Inc. peers
Figures from Safe Bulkers, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.