Welcome to our dedicated page for Safe Bulkers SEC filings (Ticker: SB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. reported that it has agreed to sell the MV Michalis H, a 2012 Chinese-built Capesize class dry-bulk vessel, for a gross price of $35.2 million, with forward delivery scheduled within the first quarter of 2026.
The company’s president said the sale fits its fleet renewal strategy and was executed at what management views as an attractive point in the market cycle and at a competitive price. Following this transaction, the company’s orderbook consists of eight vessels scheduled for delivery from now until 2029.
Safe Bulkers, Inc. has agreed to acquire two newbuild Kamsarmax class dry-bulk vessels, each of about 82,500 deadweight tons, from a Chinese yard. The ships are scheduled for delivery in the third quarter of 2028 and the first quarter of 2029.
The vessels are designed to meet IMO greenhouse gas Energy Efficiency Design Index Phase 3 standards and NOx-Tier III emissions rules, and are sisters to existing, fuel-efficient ships in the company’s fleet. Safe Bulkers has already taken delivery of twelve IMO GHG Phase 3 – NOx Tier III vessels and, including this deal, now has eight newbuilds on order, two of which are methanol dual fuel, with deliveries spread across 2026, 2027, 2028 and 2029.
Management describes these orders as part of a fleet renewal strategy aimed at keeping the fleet modern, competitive and environmentally efficient in the global dry-bulk shipping market.
Safe Bulkers, Inc. declared regular quarterly cash dividends of $0.50 per share on both its 8.00% Series C and 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares for the period from October 30, 2025 to January 29, 2026.
Each dividend is scheduled to be paid on January 30, 2026 to shareholders of record as of January 16, 2026. The company notes that dividends on these preferred shares are normally payable quarterly in arrears on January 30, April 30, July 30 and October 30, and that any future dividend decisions remain at the discretion of its board based on earnings, financial condition, financing access, debt covenants and global economic conditions.
Safe Bulkers Inc. is the issuer in a planned resale of common shares under Rule 144. The notice covers 26,554 common shares to be sold through UBS Financial Services Inc., with an aggregate market value of $127,990.28. These shares relate to an issuer that had 102,320,099 shares outstanding and are expected to be sold on the NYSE around 12/23/2025.
The seller acquired these shares over time as compensation from Safe Bulkers Inc., with multiple grant dates between 2009 and 2012. By signing the notice, the seller represents that they are not aware of any material adverse, non‑public information about the company’s current or prospective operations.
Safe Bulkers, Inc. announced a new share repurchase program authorizing purchases of up to 10,000,000 shares of its common stock. If fully executed, this would equal approximately 9.8% of the company’s common shares outstanding and 20.0% of its public float, signaling a sizeable potential reduction in freely traded shares.
The company plans to fund any repurchases from existing cash resources and conduct transactions in the open market in line with the safe harbor provisions of Rule 10b-18 under the Securities Exchange Act of 1934. The board’s action supersedes any prior repurchase program and gives the company discretion to buy shares over time, while retaining the right to modify or terminate the program without prior notice. The Form 6-K also incorporates this information by reference into the company’s existing Form F-3 registration statement.
Safe Bulkers (SB) reported softer results in a weaker dry-bulk market for Q3 2025. Net revenues were $73.1 million versus $75.9 million a year earlier, while net income fell to $17.8 million from $25.1 million, with earnings per share down to $0.15 from $0.22. Time charter equivalent rates declined to $15,507 from $17,108, reflecting lower charter hires and reduced scrubber-related earnings.
The board declared a common dividend of $0.05 per share, payable December 19, 2025, and continued regular preferred dividends of $0.50 per share on Series C and D. As of November 21, 2025, the company operated 45 vessels with an orderbook of six IMO GHG Phase 3 - NOx Tier III newbuilds, and had $187.2 million in cash plus $210.0 million of undrawn revolving credit capacity. Consolidated debt stood at $574.4 million and contracted revenue (excluding scrubber benefits) was about $153.5 million, supporting near-term visibility while it executes its fleet renewal and environmental upgrade program.
Safe Bulkers, Inc. declared quarterly cash dividends of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE: SB.PR.C) and 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (NYSE: SB.PR.D) for the period from July 30, 2025 to October 29, 2025.
Each dividend will be paid on October 30, 2025 to shareholders of record as of October 16, 2025. Dividends on these preferred series are payable quarterly in arrears on the 30th day of January, April, July and October, subject to Board discretion and factors such as earnings, financial condition, financing availability, debt covenants and global economic conditions.
Safe Bulkers, Inc. reported the results of its 2025 annual meeting of stockholders held in Monaco. Stockholders elected three Class II directors — Dr. Loukas Barmparis, Marina Hajioannou, and Christos Megalou — to serve until the 2028 annual meeting and until their successors are elected and qualified.
Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the company’s independent auditors for the fiscal year ending December 31, 2025. Safe Bulkers is an international provider of marine drybulk transportation services, carrying cargoes such as coal, grain, and iron ore along global shipping routes, with its common and preferred shares listed on the NYSE.
Safe Bulkers, Inc. reported the results of its 2025 annual meeting of stockholders held in Monaco. Stockholders elected three Class II directors — Dr. Loukas Barmparis, Marina Hajioannou, and Christos Megalou — to serve until the 2028 annual meeting and until their successors are elected and qualified.
Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the company’s independent auditors for the fiscal year ending December 31, 2025. Safe Bulkers is an international provider of marine drybulk transportation services, carrying cargoes such as coal, grain, and iron ore along global shipping routes, with its common and preferred shares listed on the NYSE.
Safe Bulkers announced the sale of MV Pedhoulas Merchant, a 2006-built Kamsarmax class dry-bulk vessel, at a gross price of $11.5 million with delivery scheduled in September 2025. The company says this completes the sale of its two oldest Kamsarmax vessels — Pedhoulas Merchant (2006) and Pedhoulas Leader (2007) — as part of a fleet renewal tied to four newbuilds expected to be delivered in 2026. Safe Bulkers states its aggregate orderbook now consists of six vessels through 2027. The company provides international drybulk transportation and its securities trade on the NYSE under SB, SB.PR.C and SB.PR.D.