Safe Bulkers posts $1.7m profit in Q2 despite weaker rates and higher costs

Safe Bulkers, a Limassol-based shipping company listed on the New York Stock Exchange, has managed to report a profit in the second quarter of 2025 despite facing rising costs, declining rates, and geopolitical uncertainties. The company’s net income fell to $1.7 million, a significant drop from $27.6 million during the same period last year, yet … Continue reading Safe Bulkers posts $1.7m profit in Q2 despite weaker rates and higher costs