Safe Bulkers, Inc. (the “Company”) (SB), an international provider of marine drybulk transportation services, announced today that the Company has entered into sale and leaseback agreements with respect to eight vessels. The proceeds from the sale and leaseback agreements are being used to refinance loan facilities of $105.2 million with terms expiring between 2023 and 2025 and for general corporate purposes. The aggregate gross proceeds to the Company in connection with the sale and leaseback arrangements are $158.3 million.
Q4 2019 Safe Bulkers Inc Earnings Call
Today we'll look at Safe Bulkers, Inc. (NYSE:SB) and reflect on its potential as an investment. Specifically, we'll...
Earnings Release: Wednesday, February 26, 2020, After Market Closes Conference Call and Webcast: Thursday, February 27, 2020, at 8:30 A.M. Eastern Time MONACO, Feb. 21,.
Safe Bulkers, Inc. (the “Company”) (SB), an international provider of marine drybulk transportation services, announced today that it has authorized the expansion of the previously announced share repurchase program with respect to 5,000,000 shares to 6,500,000 shares of the Company’s common stock. As of March 16, 2020, the Company has repurchased 3,093,035 shares of the Company’s common stock under the pre-existing share repurchase program and 3,406,965 shares of the Company’s common stock remain available for repurchase under the expanded share repurchase program.
Safe Bulkers, Inc. (the “Company”) (SB), an international provider of marine drybulk transportation services, announced today that the Company has entered into a Service Agreement (the “Agreement”) with Alfa Laval to minimize down time, enhance regulatory compliance and safeguard scrubber performance over the life-time of the vessel. The Agreement provides for a flat yearly fee, lifecycle-oriented services from the Alfa Laval PureSOx 360° Service Portfolio, including remote monitoring of scrubber performance through connectivity module, service kits, minimum inventory of genuine Alfa Laval spares parts on board and ashore for remote trouble-shooting and sensor calibration by exchange. In addition, the Agreement provides for training of Company’s crew members and superintendents at the Alfa Laval PureSox training center in Shaghai, China.
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Safe Bulkers, Inc. (NYSE:SB), which is in the shipping business, and is based in Monaco, saw a significant share price...
NEW YORK, March 19, 2020 -- Capital Link is pleased to announce that the 14th Annual International Shipping Forum will take place as a Digital Forum on Monday, March 30 &.
One thing we could say about the covering analyst on Safe Bulkers, Inc. (NYSE:SB) - they aren't optimistic, having...
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Q3 2019 Safe Bulkers Inc Earnings Call
Safe Bulkers, Inc. (the Company) (SB), an international provider of marine drybulk transportation services, announced that it has filed its 2019 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”). The 2019 Annual Report on Form 20-F is available by link through the Company’s website, www.safebulkers.com, under Investor Relations > SEC Filings. Alternatively, shareholders may also receive a hard copy of the 2019 Annual Report on Form 20-F, free of charge, by request to Capital Link, using the contact details provided at the end of this press release.
Dividends on the Series C and D Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year. The declaration and payment of dividends, if any, will always be subject to the discretion of the Board of Directors of the Company, and will depend on, among other things, the Company’s earnings, financial condition and cash requirements and availability, the Company’s ability to obtain debt and equity financing on acceptable terms as contemplated by the Company’s growth and leverage strategies, the restrictive covenants in the Company’s existing and future debt instruments and global economic conditions.
MONACO, Feb. 26, 2020 -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited.
Safe Bulkers (SB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Let's see if Safe Bulkers, Inc. (SB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
"The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]
Safe Bulkers (SB) delivered earnings and revenue surprises of -40.00% and -3.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Safe Bulkers (SB) delivered earnings and revenue surprises of -80.00% and -4.60%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?