SAFE BULKERS INC
			Symbol			SB

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Safe Bulkers, Inc. Files Shelf Registration Statement

2009-10-08 09:07 ET - News Release

ATHENS, GREECE -- (MARKET WIRE) -- 10/08/09

Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has filed a shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the "SEC").

The shelf registration statement, when declared effective by the SEC, will give the Company the ability to offer and sell up to $300,000,000 of its securities consisting of common stock, preferred stock, warrants and subscription rights. After the shelf registration becomes effective, the Company may offer and sell such securities from time to time and through one or more methods of distribution, subject to market conditions and the Company's capital needs. The terms of any offering under the shelf registration statement will be established at the time of such offering and will be described in a prospectus supplement filed with the SEC prior to completion of the offering.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.