Safe Bulkers, Inc. (Safe Bulkers) is a holding company. The Company's principal business is the acquisition, ownership and operation of drybulk vessels. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes. The Company's fleet comprises 33 vessels, of which 12 are Panamax class vessels, seven are Kamsarmax class vessels, 11 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of 3,019,700 deadweight tons (dwt) and an average age of 5.8 years. The Company deploys its vessels on a mix of period time and spot time charters. The Company has 45 wholly owned subsidiaries, 24 of which are incorporated in Liberia and 21 in the Republic of the Marshall Islands.