Safe Bulkers, Inc. Announces Filing of 2010 Annual Report.

 I'm going to read the annual report this weekend.  I'll blog about anything interesting I find next week.

Here is a link to the 3 year chart for Safe Bulkers: http://stockcharts.com/h-sc/ui?s=SB&p=W&b=5&g=0&id=p43475946092

I like this company, but I would wait for a pullback to the $6.20 - $6.00 range.

Disclosure: I don't own Safe Bulkers right now.

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Be seeing you!

SOURCE: Safe Bulkers, Inc.

Mar 04, 2011 13:00 ET

Safe Bulkers, Inc. Announces Filing of 2010 Annual Report on Form 20-F

ATHENS, GREECE--(Marketwire - March 4, 2011) - Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has filed its 2010 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC").

The 2010 Annual Report on Form 20-F is available by link through the Company's website, www.safebulkers.com, under Investor Relations > SEC Filings.

Alternatively, shareholders may also receive a hard copy of the 2010 Annual Report on Form 20-F, free of charge, by request to Capital Link, using the contact details provided at the end of this press release.

About Safe Bulkers, Inc.

The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation services. The Company's common stock is listed on the NYSE, where it trades under the symbol "SB." The Company's current fleet consists of 16 drybulk vessels, all built post-2003, and the Company has contracted to acquire nine additional drybulk newbuild vessels to be delivered at various times through 2013.