Safe Bulkers, Inc. Announces Filing of 2011 Annual Report on Form 20-F
March 01 2012 - 8:05AM
Marketwired
Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international
provider of marine drybulk transportation services, announced today
that it has filed its 2011 Annual Report on Form 20-F with the U.S.
Securities and Exchange Commission (the "SEC").
The 2011 Annual Report on Form 20-F is available by link through
the Company's website, www.safebulkers.com, under Investor
Relations > SEC Filings. Alternatively, shareholders may also
receive a hard copy of the 2011 Annual Report on Form 20-F, free of
charge, by request to Capital Link, using the contact details
provided at the end of this press release.
About Safe Bulkers, Inc.
The Company is an international provider of marine drybulk
transportation services, transporting bulk cargoes, particularly
coal, grain and iron ore, along worldwide shipping routes for some
of the world's largest users of marine drybulk transportation
services. The Company's common stock is listed on the NYSE, where
it trades under the symbol "SB". The Company's current fleet
consists of 20 drybulk vessels, all built post-2003, and the
Company has contracted to acquire nine additional drybulk newbuild
vessels to be delivered at various times through 2014.
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 publicly 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.
Athens, Greece Tel.: +30 (210) 899-4980 Fax: +30 (210) 895-4159
E-Mail: directors@safebulkers.com Investor Relations / Media
Contact: Matthew Abenante Investors Relation Advisor Capital
Link, Inc. 230 Park Avenue, Suite 1536 New York, N.Y. 10169 Tel.:
(212) 661-7566 Fax: (212) 661-7526 E-Mail:
safebulkers@capitallink.com
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