Safe Bulkers, Inc. Chairman & CEO and President of the Republic of Cyprus to Ring NYSE Closing Bell on Friday, April 4, 2025

/EIN News/ -- MONACO, April 04, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine dry-bulk transportation services, announced today that it will host a special ceremony at the New York Stock Exchange honoring and promoting the Republic of Cyprus as worldwide business destination.  

Mr. Polys Hajioannou, Chairman and CEO of Safe Bulkers, will be joined by H.E. Nikos Christodoulides, President of the Republic of Cyprus, along with members of Cypriot government, members of the Company’s board of directors and other distinguished members of the business community, to ring the Closing Bell today, Friday, April 4, 2025. The event underscores the successful pathway of Safe Bulkers in the NYSE since 2008, the ten-year anniversary of the Company’s operations in the Republic of Cyprus and the progress and attractiveness of Cyprus as business destination hub in Eastern Mediterranean.

Mr. Polys Hajioannou, Chairman and CEO of the Company, said, “We are proud to celebrate, the ten year relocation of our headquarters in the Republic of Cyprus by ringing together with H.E. President Christodoulides the closing bell at New York Stock Exchange within the context of the 3rd Capital Link Cyprus Business Forum, taking place today, Friday, April 4th, 2025, at the Metropolitan Club in New York City.”

The forum is organized in cooperation with the Cyprus Union of Shipowners and supported by Invest Cyprus and the Deputy Shipping Ministry of the Republic of Cyprus, aiming to foster an open dialogue on Cyprus’s business and investment landscape, highlighting its openness to USA companies investment opportunities in this beautiful Eastern Mediterranean island.

Safe Bulkers, Inc. is a grand sponsor of this forum and is also graciously hosting the Dinner Reception honoring H.E. Nikos Christodoulides, the evening preceding the event.

About Safe Bulkers, Inc.

The Company is an international provider of marine dry-bulk transportation services, transporting bulk cargoes, particularly grain, coal and iron ore, along worldwide shipping routes for some of the world’s largest users of marine dry-bulk 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 Exchange Act of 1933, as amended, and in Section 21E of the Securities 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, 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 drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States 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 undertaking 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
+357 25 887 200
E-Mail: directors@safebulkers.com

Investor Relations / Media Contact:

Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com