Safe Bulkers, Inc. filings document a foreign private issuer engaged in marine drybulk transportation, with common stock and Series C and Series D preferred shares listed on the NYSE. Form 6-K reports furnish press releases on operating results, dividends, board appointments, share repurchase authorization, vessel purchase and sale agreements, and annual report availability, often incorporating those reports by reference into its Form F-3 registration statement.
The company’s Form 20-F annual reporting covers its drybulk shipping business, charter revenue model, fleet activity, financial results, risk factors, governance and capital structure. These disclosures connect vessel operating metrics and fleet renewal actions with shareholder distributions and preferred-share terms.
Safe Bulkers, Inc. declared quarterly cash dividends of $0.50 per share on its 8.00% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares, covering July 30, 2026 to October 29, 2026. The dividends are payable October 30, 2026, to shareholders of record October 16, 2026. Any future dividends remain subject to the board’s discretion.
SAFE BULKERS, INC. (SB) reported that an entity associated with its Chief Executive Officer, Polys Hajioannou, agreed on September 9, 2026 to acquire 1,500,000 shares of Common Stock from the company in a private placement at €6.70 per share (approximately $7.81 per share at an exchange reference rate of €1 to $1.1652); the acquisition settled on September 11, 2026. The shares are held by Moutoulas Shipping Corporation, and several other entities hold additional indirect positions; Mr. Hajioannou may be deemed a beneficial owner under Rule 16a-1(a) but disclaims beneficial ownership except to the extent of any pecuniary interest.
SAFE BULKERS, INC. (SB) is the subject of this Amendment No. 8 to a Schedule 13D, which updates the ownership position of Polys Hajioannou and affiliated entities after a new equity financing. On September 9, 2026, the company completed a Private Placement of 12,000,000 new common shares (the “Offer Shares”) to selected institutional investors via an accelerated bookbuilding process at an offering price of €6.70 per share, raising total gross proceeds of 80,400,000.
Following this transaction, as of September 11, 2026, SAFE BULKERS had 113,833,473 common shares outstanding. The reporting group led by Chairman and CEO Polys Hajioannou, including Vorini Holdings Inc. and several maritime holding companies, beneficially owns 49,881,427 shares, or approximately 43.8% of the outstanding common stock. Individual entities hold sizable blocks, including Vorini with 19,426,015 shares and Akamas Maritime Inc. with 8,555,412 shares. Hajioannou, the company, board members and executive management have agreed to 180‑day lock-up undertakings with the Private Placement managers, subject to customary exceptions, limiting near-term sales of their holdings.
Safe Bulkers, Inc. (SB) reports that Euronext Athens has approved the admission to listing of 12,000,000 new shares of common stock, issued pursuant to a private placement conducted through an accelerated bookbuilding process. Trading in these new shares on the Main Market of the Regulated Securities Market of Euronext Athens is expected to commence on September 14, 2026.
Following this private placement, the company’s issued common equity capital consists of 113,833,473 shares with a nominal value of $0.001 each. No prospectus was required for the admission of the new shares under the exemption in Article 1(5)(a) of Regulation (EU) 2017/1129. Piraeus Bank S.A., DNB Carnegie and Fearnley Securities AS acted as Joint Global Coordinators and Joint Bookrunners.
Safe Bulkers, Inc. (SB) reports the results of its 2026 annual meeting of stockholders held in Monaco. Stockholders elected three Class III directors — Konstantinos Adamopoulos, Kristin H. Holth, and Vasilis Hajioannou — to terms ending at the 2029 annual meeting and until their successors are elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as independent auditors for the fiscal year ending December 31, 2026. The report is furnished on Form 6-K and incorporated by reference into the company’s existing Form F-3 registration statement.
Safe Bulkers, Inc. (SB) announced a successfully completed private placement of 12,000,000 new common shares to selected investors through an accelerated bookbuilding process led by Piraeus Bank S.A., DNB Carnegie (DNB Bank ASA) and Fearnley Securities AS. The Company set the offering price at €6.70 per share, resulting in total gross proceeds of €80,400,000. Chief Executive Officer and largest shareholder Polys Hajioannou was allocated 1,500,000 shares, scaled back from his initial subscription of 2,000,000 shares to facilitate allocations to other investors. The new shares will be delivered through Euronext Securities Athens, with settlement expected on September 11, 2026, and are expected to be listed on both Euronext Athens and the New York Stock Exchange, with trading on Euronext Athens expected to begin on September 14, 2026. The announcement is classified as a public disclosure of inside information under EU market abuse rules and is accompanied by extensive jurisdictional and securities-law selling restrictions.
Safe Bulkers, Inc. (SB) announced it is contemplating a private placement of approximately 12,000,000 new common shares to institutional investors, with final size and the euro-denominated offer price to be set by the Board after an accelerated bookbuilding run by mandated managers.
The company states it intends to use the net proceeds to enhance liquidity, finance its current newbuilding program, and potentially support future newbuild or second-hand vessel acquisitions, as well as general corporate purposes. Chief Executive Officer and largest shareholder Polys Hajioannou has committed to subscribe for 2,000,000 offer shares at the offer price, subject to potential scale-back.
The offer will be conducted outside the United States in reliance on Regulation S, targeting qualified or professional investors in the EEA and UK. The company, its Board and executive management will enter into 180-day lock-up undertakings. Safe Bulkers has requested a temporary trading suspension on Euronext Athens on September 9, 2026 until it announces the private placement outcome, expected by early afternoon local time.
Safe Bulkers, Inc. reported much stronger results for the three and six months ended June 30, 2026. Q2 2026 net revenues were $87.5 million, up 33% from $65.7 million a year earlier, with net income of $35.2 million versus $1.7 million. Earnings per share were $0.33, and Adjusted EPS was $0.28. EBITDA reached $54.8 million and Adjusted EBITDA $50.3 million. The average time charter equivalent rate rose to $20,642 per day from $14,857, while daily vessel operating expenses fell to $6,207.
As of June 30, 2026, total cash was $142.9 million, undrawn revolving credit facilities were $200.1 million, and total debt was $519.2 million, implying consolidated leverage of about 30% and net debt per vessel of $8.0 million. The company operated a 46‑vessel fleet with an orderbook of 10 IMO GHG Phase 3 – NOx Tier III newbuilds and continued an environmental upgrade program covering 25 ships. The Board increased the quarterly common dividend to $0.075 per share, payable August 26, 2026, and maintained regular preferred dividends, alongside an up to 10 million‑share buyback program under which 515,469 shares had been repurchased by July 24, 2026. Common stock now trades on both the NYSE and Euronext Athens under the symbol “SB”.
Safe Bulkers, Inc. calls its 2026 Annual Meeting of Stockholders for September 10, 2026 in Monaco to elect three Class III directors through 2029 and ratify Deloitte, Certified Public Accountants S.A. as independent auditors for the year ending December 31, 2026. Stockholders of record on July 15, 2026 may vote, with proxies defaulting to support the board’s proposals if no instructions are given.
The company highlights 2025 revenue of $288 million, earnings per share of $0.30, and liquidity and capital resources exceeding $382 million. As of February 20, 2026, the fleet comprised 45 dry bulk vessels totaling 4.6 million dwt with an average age of 10.5 years, plus an eight-vessel Kamsarmax newbuild orderbook (including two methanol dual-fueled ships). Since March 2022, the company has declared and paid 15 consecutive quarterly dividends of $0.05 per common share. Chief Executive Officer Polys Hajioannou held 48,381,427 common shares, or about 47.51% of outstanding stock as of the record date, giving him significant voting influence.