[6-K] Safe Bulkers, Inc. Current Report (Foreign Issuer)
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 鈥� Pedhoulas Merchant (2006) and Pedhoulas Leader (2007) 鈥� 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.
Safe Bulkers ha annunciato la vendita della MV Pedhoulas Merchant, una nave bulk di classe Kamsarmax costruita nel 2006, a un prezzo lordo di $11.5 million con consegna prevista per settembre 2025. L'azienda afferma che con questa operazione si completa la vendita delle sue due Kamsarmax pi霉 anziane 鈥� Pedhoulas Merchant (2006) e Pedhoulas Leader (2007) 鈥� nell'ambito di un rinnovo della flotta legato a quattro nuove unit脿 attese per il 2026. Safe Bulkers dichiara che il portafoglio ordini aggregato comprende ora sei navi fino al 2027. La societ脿 fornisce trasporto internazionale di navi per carichi secchi e i suoi titoli sono negoziati alla NYSE con i ticker SB, SB.PR.C e SB.PR.D.
Safe Bulkers anunci贸 la venta del MV Pedhoulas Merchant, un buque granelero de clase Kamsarmax construido en 2006, por un precio bruto de $11.5 million con entrega prevista en septiembre de 2025. La compa帽铆a se帽ala que con esta operaci贸n se completa la venta de sus dos Kamsarmax m谩s antiguas 鈥� Pedhoulas Merchant (2006) y Pedhoulas Leader (2007) 鈥� como parte de la renovaci贸n de su flota vinculada a cuatro nuevas unidades que se esperan entregar en 2026. Safe Bulkers indica que su cartera de pedidos agregada ahora consta de seis buques hasta 2027. La empresa ofrece transporte internacional de graneles secos y sus valores cotizan en la NYSE bajo SB, SB.PR.C y SB.PR.D.
Safe Bulkers電� 2006雲� 瓯挫“霅� Kamsarmax旮� 瓯错檾氍检劆 MV Pedhoulas Merchant毳� 齑濎暋 $11.5 million鞐� 毵り皝頄堨溂氅�, 鞚鸽弰電� 2025雲� 9鞗旊 鞓堨爼霅橃柎 鞛堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 須岇偓電� 鞚措矆 毵り皝鞙茧 臧�鞛� 鞓る灅霅� Kamsarmax 霊� 觳欖澑 Pedhoulas Merchant(2006)鞕� Pedhoulas Leader(2007)鞚� 觳橂秳鞚� 鞕勲霅橃棃鞙茧┌, 鞚措姅 2026雲� 鞚鸽弰臧� 鞓堨爼霅� 4觳欖潣 鞁犾“靹� 霃勳瀰瓿� 鞐瓣硠霅� 頃寑 臧膘嫚鞚� 鞚柬櫂鞚措澕瓿� 氚濏様鞀惦媹雼�. Safe Bulkers電� 順勳灛 雸勳爜 欤茧 鞛旊焿鞚� 2027雲勱箤歆� 6觳�鞚措澕瓿� 鞝勴枅鞀惦媹雼�. 鞚� 須岇偓電� 甑牅 瓯错檾氍� 鞖挫啞鞚� 鞝滉车頃橂┌, 歃濌秾鞚� NYSE鞐愳劀 SB, SB.PR.C 氚� SB.PR.D搿� 瓯半灅霅╇媹雼�.
Safe Bulkers a annonc茅 la cession du MV Pedhoulas Merchant, un vraquier Kamsarmax construit en 2006, au prix brut de $11.5 million, avec livraison pr茅vue en septembre 2025. La soci茅t茅 pr茅cise que cette op茅ration cl么t la vente de ses deux Kamsarmax les plus anciennes 鈥� Pedhoulas Merchant (2006) et Pedhoulas Leader (2007) 鈥� dans le cadre du renouvellement de la flotte associ茅 脿 quatre nouvelles unit茅s attendues en 2026. Safe Bulkers indique que son carnet de commandes agr茅g茅 comprend d茅sormais six navires jusqu'en 2027. L'entreprise assure le transport international de vrac sec et ses titres sont cot茅s 脿 la NYSE sous SB, SB.PR.C et SB.PR.D.
Safe Bulkers gab den Verkauf der MV Pedhoulas Merchant, eines 2006 gebauten Kamsarmax-Bulkers, zu einem Bruttoverkaufspreis von $11.5 million bekannt; die 脺bergabe ist f眉r September 2025 geplant. Das Unternehmen erkl盲rt, damit sei der Verkauf seiner beiden 盲ltesten Kamsarmax-Schiffe 鈥� Pedhoulas Merchant (2006) und Pedhoulas Leader (2007) 鈥� im Rahmen einer Flottenerneuerung abgeschlossen, die mit vier Neubauten verbunden ist, deren Lieferung f眉r 2026 erwartet wird. Safe Bulkers gibt an, dass der aggregierte Auftragsbestand nun sechs Schiffe bis 2027 umfasst. Das Unternehmen bietet internationalen Transport von Sch眉ttg眉tern an, und seine Wertpapiere werden an der NYSE unter SB, SB.PR.C und SB.PR.D gehandelt.
- None.
- None.
Insights
TL;DR: Sale of a 2006 Kamsarmax for $11.5M closes out two oldest vessels, aligning fleet profile with upcoming newbuild deliveries.
The company reported a gross sale price of $11.5 million for MV Pedhoulas Merchant with delivery in September 2025 and noted it has completed sales of its two oldest Kamsarmaxes. Management links these disposals to a fleet renewal ahead of four newbuilds expected in 2026 and an aggregate orderbook of six vessels through 2027. For investors, the update provides clarity on fleet composition and upcoming capacity additions but does not disclose net proceeds, accounting impact, or how the sale affects near-term earnings or liquidity.
TL;DR: Strategic disposal of aging assets supports fleet modernization and aligns capacity with six-vessel orderbook through 2027.
Safely divesting older assets鈥擯edhoulas Merchant (2006) and Pedhoulas Leader (2007)鈥攁t an announced gross price of $11.5 million signals execution of the company's stated renewal strategy. The reference to four newbuilds expected in 2026 and a six-vessel orderbook through 2027 suggests management is replacing older tonnage with contracted deliveries rather than expanding uncommitted fleet exposure. The release is a clear operational update; however, material financial effects and timing relative to newbuild deliveries are not quantified in the announcement.
Safe Bulkers ha annunciato la vendita della MV Pedhoulas Merchant, una nave bulk di classe Kamsarmax costruita nel 2006, a un prezzo lordo di $11.5 million con consegna prevista per settembre 2025. L'azienda afferma che con questa operazione si completa la vendita delle sue due Kamsarmax pi霉 anziane 鈥� Pedhoulas Merchant (2006) e Pedhoulas Leader (2007) 鈥� nell'ambito di un rinnovo della flotta legato a quattro nuove unit脿 attese per il 2026. Safe Bulkers dichiara che il portafoglio ordini aggregato comprende ora sei navi fino al 2027. La societ脿 fornisce trasporto internazionale di navi per carichi secchi e i suoi titoli sono negoziati alla NYSE con i ticker SB, SB.PR.C e SB.PR.D.
Safe Bulkers anunci贸 la venta del MV Pedhoulas Merchant, un buque granelero de clase Kamsarmax construido en 2006, por un precio bruto de $11.5 million con entrega prevista en septiembre de 2025. La compa帽铆a se帽ala que con esta operaci贸n se completa la venta de sus dos Kamsarmax m谩s antiguas 鈥� Pedhoulas Merchant (2006) y Pedhoulas Leader (2007) 鈥� como parte de la renovaci贸n de su flota vinculada a cuatro nuevas unidades que se esperan entregar en 2026. Safe Bulkers indica que su cartera de pedidos agregada ahora consta de seis buques hasta 2027. La empresa ofrece transporte internacional de graneles secos y sus valores cotizan en la NYSE bajo SB, SB.PR.C y SB.PR.D.
Safe Bulkers電� 2006雲� 瓯挫“霅� Kamsarmax旮� 瓯错檾氍检劆 MV Pedhoulas Merchant毳� 齑濎暋 $11.5 million鞐� 毵り皝頄堨溂氅�, 鞚鸽弰電� 2025雲� 9鞗旊 鞓堨爼霅橃柎 鞛堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 須岇偓電� 鞚措矆 毵り皝鞙茧 臧�鞛� 鞓る灅霅� Kamsarmax 霊� 觳欖澑 Pedhoulas Merchant(2006)鞕� Pedhoulas Leader(2007)鞚� 觳橂秳鞚� 鞕勲霅橃棃鞙茧┌, 鞚措姅 2026雲� 鞚鸽弰臧� 鞓堨爼霅� 4觳欖潣 鞁犾“靹� 霃勳瀰瓿� 鞐瓣硠霅� 頃寑 臧膘嫚鞚� 鞚柬櫂鞚措澕瓿� 氚濏様鞀惦媹雼�. Safe Bulkers電� 順勳灛 雸勳爜 欤茧 鞛旊焿鞚� 2027雲勱箤歆� 6觳�鞚措澕瓿� 鞝勴枅鞀惦媹雼�. 鞚� 須岇偓電� 甑牅 瓯错檾氍� 鞖挫啞鞚� 鞝滉车頃橂┌, 歃濌秾鞚� NYSE鞐愳劀 SB, SB.PR.C 氚� SB.PR.D搿� 瓯半灅霅╇媹雼�.
Safe Bulkers a annonc茅 la cession du MV Pedhoulas Merchant, un vraquier Kamsarmax construit en 2006, au prix brut de $11.5 million, avec livraison pr茅vue en septembre 2025. La soci茅t茅 pr茅cise que cette op茅ration cl么t la vente de ses deux Kamsarmax les plus anciennes 鈥� Pedhoulas Merchant (2006) et Pedhoulas Leader (2007) 鈥� dans le cadre du renouvellement de la flotte associ茅 脿 quatre nouvelles unit茅s attendues en 2026. Safe Bulkers indique que son carnet de commandes agr茅g茅 comprend d茅sormais six navires jusqu'en 2027. L'entreprise assure le transport international de vrac sec et ses titres sont cot茅s 脿 la NYSE sous SB, SB.PR.C et SB.PR.D.
Safe Bulkers gab den Verkauf der MV Pedhoulas Merchant, eines 2006 gebauten Kamsarmax-Bulkers, zu einem Bruttoverkaufspreis von $11.5 million bekannt; die 脺bergabe ist f眉r September 2025 geplant. Das Unternehmen erkl盲rt, damit sei der Verkauf seiner beiden 盲ltesten Kamsarmax-Schiffe 鈥� Pedhoulas Merchant (2006) und Pedhoulas Leader (2007) 鈥� im Rahmen einer Flottenerneuerung abgeschlossen, die mit vier Neubauten verbunden ist, deren Lieferung f眉r 2026 erwartet wird. Safe Bulkers gibt an, dass der aggregierte Auftragsbestand nun sechs Schiffe bis 2027 umfasst. Das Unternehmen bietet internationalen Transport von Sch眉ttg眉tern an, und seine Wertpapiere werden an der NYSE unter SB, SB.PR.C und SB.PR.D gehandelt.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2025
SAFE BULKERS, INC.
(Translation of registrant’s name into English)
Apt. D11, Les Acanthes 6, Avenue des Citronniers, MC98000 Monaco
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether the registrant by furnishing the information contained in the Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
INCORPORATION BY REFERENCE
This Report on Form 6-K shall be incorporated by reference into our registration statement on Form F-3, as filed with the Securities and Exchange Commission on August 6, 2024 and as may be further amended, to the extent not superseded by documents or reports subsequently filed by us under the Securities Act of 1933 or the Securities Exchange Act of 1934, in each case as amended.
EXHIBIT INDEX
1. Press Release dated August 12, 2025: Safe Bulkers, Inc. Announces Sale of a 2006-Built
Kamsarmax Class Dry-bulk Vessel.
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: August 13, 2025
|
|
|
| SAFE BULKERS, INC. | |
| ||
| ||
| By: | /s/ Konstantinos Adamopoulos |
| Name: | Konstantinos Adamopoulos |
| Title: | Chief Financial Officer |
![[f081325sb6k001.jpg]](https://www.sec.gov/Archives/edgar/data/0001434754/000131786125000045/f081325sb6k001.jpg)
Safe Bulkers, Inc. Announces Sale of a 2006-Built
Kamsarmax Class Dry-bulk Vessel
Monaco – August 12, 2025 — Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of MV Pedhoulas Merchant, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel, at a gross sale price of $11.5 million and delivery date in September 2025.
Dr. Loukas Barmparis, President of the Company commented: “With this agreement, we wound up the sale of our two oldest Kamsarmax class vessels, namely Pedhoulas Merchant built in 2006 and Pedhoulas Leader built in 2007, executing our strategy to renew our fleet in view of the four newbuilds expected to be delivered to us within 2026. The aggregate orderbook of the Company consists of six vessels until 2027.’’
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 world’s largest users of marine drybulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively.
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 Company’s 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, such as the COVID-19 pandemic, 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 dry-bulk 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, tariffs imposed as a result of trade war and trade protectionism, 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 Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertakings to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For further information please contact:
Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Tel.: +30 2 111 888 400
Fax: +30 2 111 878 500
E-Mail: [email protected]
Investor Relations / Media Contact:
Nicolas Bornozis, President Capital Link, Inc.
230 Park Avenue, Suite 1536 New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: [email protected]
Source:
