Website: N/A
Stock Symbol: NYSE: SB
Market Value: N/A (in millions)
Safe Bulkers, Inc. was incorporated in the Republic of The Marshall Islands on
December 11, 2007 under the Marshall Islands Business Corporations Act, for the
purpose of acquiring ownership of various subsidiaries that either owned or were
scheduled to own vessels. We are controlled by the Hajioannou family, which has
a long history of operating and investing in the international shipping
industry, including a long history of vessel ownership. Vassos Hajioannou, the
late father of Polys Hajioannou, our chief executive officer, first invested in
shipping in 1958. Polys Hajioannou has been actively involved in the industry
since 1987, when he joined the predecessor of Safety Management.