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Safe Bulkers posts higher than expected first-quarter profit

With revenues and profitability improved, company president Loukas Barmparis says the company intends to continue using cash from operations ‘to further improve our capital structure and deleverage in forthcoming quarters’

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Owner of 40 bulkers aims to continue deleveraging as revenues climb

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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