Safe Bulkers, Inc. Reports Second Quarter 2024 Results and Declares Dividend on Common Stock
Safe Bulkers(SB) Newsfilter·2024-07-29 20:05
Management Commentary Implementation of Integrated Management System in Compliance with DryBMS Standards The Company is gradually renewing its fleet with newbuilds designed to meet the most recent International Maritime Organization (the "IMO") regulations related to the reduction of greenhouse gas emissions (the "IMO GHG Phase 3") and nitrogen oxides emissions (the "IMO NOx Tier III"), and selectively selling older vessels. As of July 19, 2024, the IMO GHG Phase 3 NOx Tier III newbuild program consisted of ...