Safe Bulkers, Inc. operates as an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for various consumers of marine drybulk transportation services. As of February 24, 2015, the company had a fleet of 33 drybulk vessels, of which 12 were Panamax class vessels, 7 were Kamsarmax class vessels, 11 were Post-Panamax class vessels, and 3 were Capesize class vessels, with an aggregate carrying capacity of 3,019,700 dwt and an average age of 5.8 years. The company employs its vessels on both period time charters and spot time charters. Customers The company’s customers include approximately 30 national, regional and international companies, including Bunge, Cargill, Daiichi, Intermare Transport G.m.b.H., Eastern Energy Pte. Ltd., NYK, NS United Kaiun Kaisha, Kawasaki Kisen Kaisha, Oldendorff G.M.B.H and co. KG, Louis Dreyfus, ArcelorMittal or their affiliates. Environmental and Other Regulations The company’s ur vessels are subject to international conventions and national, state and local laws and regulations in force in international waters and the countries in which they operate or are registered, including environmental protection requirements governing the management and disposal of hazardous substances and wastes, the cleanup of oil spills and the management of other contamination, air emissions, water discharges and ballast water. These laws and regulations include the International Convention for Prevention of Pollution from Ships, the International Convention for Safety of Life at Sea and implementing regulations adopted by the International Maritime Organization (IMO), the European Union, and other international, national and local regulatory bodies. The company’s vessels are subject to standards imposed by the IMO, the United Nations agency for maritime safety and the prevention of pollution by ships. The operation of the company’s vessels is also affected by the requirements set forth in the IMO’s International Safety Management Code. The company’s vessels have U.S. Coast Guard-approved response plans. History Safe Bulkers, Inc. was founded in 2007. The company was incorporated in the Republic of the Marshall Islands in 2007 under the Marshall Islands Business Corporations Act.
safe bulkers inc (SB:New York)
30-32 Avenue Karamanli
Phone: 30 211 18 88 400
Fax: 30 211 18 78 500www.safebulkers.com
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