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SB| Name | Value |
|---|---|
| Revenues | 82.3M |
| Cost of Revenue | 39.4M |
| Gross Profit | 42.9M |
| Operating Expense | 6.2M |
| Operating I/L | 36.7M |
| Other Income/Expense | -9.6M |
| Interest Income | 0.8M |
| Pretax | 27.6M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 27.6M |
Safe Bulkers, Inc. provides marine drybulk transportation services through its fleet of 40 vessels with a total carrying capacity of 3,925,500 deadweight tons. The company specializes in transporting bulk cargoes such as coal, grain, and iron ore. Its fleet includes Panamax, Kamsarmax, post-Panamax, and Capesize class vessels, with an average vessel age of 10.4 years. Safe Bulkers generates revenue by offering its vessels for hire to transport bulk commodities across global shipping routes, serving industries reliant on the efficient and cost-effective movement of drybulk goods.
