Safe Bulkers Files May 2024 Update (6-K)

TL;DR

SAFE BULKERS (SB) filed a 6-K for May 2024, standard update from Monaco HQ.

AI Summary

Safe Bulkers, Inc. filed a Form 6-K on May 30, 2024, to report information for the month of May 2024. The filing indicates the company's principal executive offices are located in Monaco. Safe Bulkers, Inc. is a foreign private issuer and is furnishing information under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.

Why It Matters

This filing provides routine updates from Safe Bulkers, Inc., a shipping company, which may contain information relevant to investors monitoring its operational status and disclosures.

Risk Assessment

Risk Level: low — This is a routine filing (6-K) providing standard corporate information and updates, not indicating any immediate financial distress or significant new risks.

Key Players & Entities

• SAFE BULKERS, INC. (company) — Filer of the report
• Monaco (location) — Location of principal executive office
• 0001317861-24-000027 (document_id) — Accession number for the filing
• May 2024 (date) — Reporting period for the Form 6-K

FAQ

Filing Documents

• f53024sb6k.htm (6-K) — 13KB
• f53024sb6k001.jpg (GRAPHIC) — 31KB
• 0001317861-24-000027.txt ( ) — 56KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: May 30, 2024 SAFE BULKERS, INC. By: /s/ Konstantinos Adamopoulos Name: Konstantinos Adamopoulos Title: Chief Financial Officer Safe Bulkers, Inc. Announces Availability of 2023 Sustainability Report Monaco May 30, 2024 Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Companys 2023 Sustainability Report is available for download and can be accessed from its website using the link provided below. The 2023 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, 'in accordance with the GRI Standards', and the Sustainability Accounting Standards Board (SASB) recommendation for maritime transport, alongside additional indicators that are materially important to the Company and its stakeholders. The report is available for download and can be accessed from the Company's website using the link: www.safebulkers.com/sustainability2023 Dr. Loukas Barmparis, President of the Company commented: We proudly present our 2023 Sustainability Report detailing our environmental, social and governance (ESG) practices and our vision for responding to the environmental concerns, addressing the needs of the societies we operate and enhancing our governance framework. Safe Bulkers Inc. 2023 Sustainability Report: www.safebulkers.com/sustainability2023 About Safe Bulkers, Inc. 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 worlds largest users of marine drybulk transportation services. The Companys common stock, series C preferred stock and series D prefer

Forward-Looking Statements

Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Companys growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as expects, intends, plans, believes, anticipates, hopes, estimates and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, business disruptions due to natural disasters or other events, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, changes in TCE rates, changes in fuel prices, risks associated with operations outside the United States, general domestic and international political conditions, uncertainty in the banking sector and other related market volatility, disruption of shipping routes due to political events, risks associated with vessel construction and other factors listed from time to time in the Companys filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change

View Full Filing

View this 6-K filing on SEC EDGAR