Safe Bulkers Inc. has released its Sustainability Report 2024. The report highlights a 6.09% decrease in AER compared to 2023 and the order of 2 methanol dual-fuel vessels capable of using green methanol. It includes the delivery of 4 newbuild vessels under IMO EEDI Phase 3 NOx Tier III and the environmental upgrade of 7 vessels, making a total of 25 upgrades. The company transported 30.8 million metric tons of cargo with zero significant environmental incidents. Social contributions amounted to €1,300,000, marking a 200% increase from the previous year. The report also notes 28% women employees, an increase of 2% from 2023. The full report can be accessed through the link below.
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