Safe Bulkers, the Limassol-based shipowner listed in New York Stock Exchange, squeezed out a profit in Q2, 2025 despite surging costs, weaker rates and geopolitical instability, with six newbuilds underway and fresh credit lines secured.
Net income fell to $1.7 million, down from $27.6 million in the same period last year, while adjusted net income reached $3.0 million. The company declared a dividend of $0.05 per common share, to be
