Safe Bulkers, Inc. Announces Election of Class III Directors
September 08, 2017 at 02:00 pm
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Safe Bulkers, Inc. announced the election of two Class III directors at the Company's annual meeting of stockholders held in Monaco. Frank Sica and Konstantinos Adamopoulos were elected Class III directors. The Class III directors were elected to hold office for a term ending at the annual meeting of stockholders in 2020 and until their respective successors have been duly elected and qualified.
Safe Bulkers, Inc. is a holding company. The Company's principal business is the acquisition, ownership and operation of drybulk vessels. The Company's vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world. As of February 17, 2017 the Company's fleet included 38 vessels, of which 14 are Panamax class vessels, nine are Kamsarmax class vessels, 12 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of 3,421,800 deadweight tonnage (dwt). The Company's fleet of Post-Panamax vessels includes Marina, Xenia, Sophia, Eleni, Martine, Andreas K, Panayiota K, Venus Heritage, Venus History, Venus Horizon and Troodos Sun. Its fleet of Capesize vessels includes Kanaris, Pelopidas and Lake Despina.
SAFE BULKERS, INC. 
