ATHENS, Greece, July 23, 2014 /PRNewswire/ -- Safe Bulkers,
Inc. (the Company) (NYSE: SB), an international provider of marine
drybulk transportation services, announced today that it will
release its results for the quarter ended June 30, 2014 after the market closes in
New York on Tuesday, July 29, 2014. The Company also expects
to announce the declaration of a dividend on common stock for the
second quarter 2014 at that time.
On Wednesday, July 30, 2014, at
9:00 A.M. ET, the Company's
management team will host a conference call to discuss the
financial results.
Conference Call details:
Participants should dial into
the call 10 minutes before the scheduled time using the following
numbers: 1 (866) 819-7111 (US Toll Free Dial In), 0(800) 953-0329
(UK Toll Free Dial In) or +44 (0)1452-542-301 (Standard
International Dial In). Please quote "Safe Bulkers" to the
operator.
A telephonic replay of the conference call will be available
until August 5, 2014 by dialing 1
(866) 247-4222 (US Toll Free Dial In), 0(800) 953-1533 (UK Toll
Free Dial In) or +44 (0)1452 550-000 (Standard International Dial
In). Access Code: 1859591#
Slides and audio webcast:
There will also be a live,
and then archived, webcast of the conference call, available
through the Company's website (www.safebulkers.com). Participants
to the live webcast should register on the website approximately 10
minutes prior to the start of the webcast.
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, series B and series C preferred stock is listed on
the NYSE, where it trades under the symbols "SB", "SB.PR.B",
"SB.PR.C" and "SB.PR.D", respectively. The Company's current fleet
consists of 31 drybulk vessels, all built 2003 onwards, and the
Company has agreed to acquire 13 additional drybulk newbuild
vessels to be delivered at various times through 2017.
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 the 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 which 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.
Athens, Greece
Tel.: +30 2 111 888 400
Fax: +30 2 111 878 500
E-Mail: directors@safebulkers.com
Investor Relations / Media Contact:
Nicolas Bornozis, President
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
SOURCE Safe Bulkers, Inc.