Safe Bulkers delivers first methanol-powered bulker
The dual-fuel vessel, named KYPROS ISLAND, is the first to join the Cyprus Registry. This milestone supports safe Bulkers' commitment to sustainable shipping.
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Dry bulk marine transportation company
safebulkers.comLast updated
In short: Safe Bulkers listed on Euronext Athens and raised €80.4M via a share offering, while posting strong Q2 2026 earnings and raising its dividend.
The dual-fuel vessel, named KYPROS ISLAND, is the first to join the Cyprus Registry. This milestone supports safe Bulkers' commitment to sustainable shipping.
The company utilized an accelerated bookbuilding process, thanking investors and financial partners like Piraeus Bank and DNB Carnegie for their collaboration.
The company announced its unaudited financial results for the second quarter and six-month period ended June 30, 2026. The Board also declared a cash dividend of $0.075 per share.
This dual listing aims to diversify investors and increase visibility in the European maritime community. Piraeus Bank advises on the listing.
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