$SB

The article says publicly listed shipowners reported record Q2 earnings and are investing in fleet renewal and raising dividends amid a prolonged shipping bull market, with James Lightbourn (Ocean Atomics) attributing the boom to geopolitics. It cites results including DHT Holdings net profit US$198M, Teekay Tankers GAAP net income US$225.9M, and International Seaways net income US$294.9M.

Japan plans to invest up to $36 billion in US oil, gas and critical mineral projects under a $550 billion trade agreement with President Donald Trump, according to Japan and US Commerce Department statements. Key items include a $33 billion natural gas power facility in Ohio led by SB Energy and a $2.1 billion Gulf of Mexico crude export terminal, plus a $600 million synthetic diamond grit project involving Element Six.

Safe Bulkers (NYSE:SB) reported Q2 fleet and financing updates. It has 14 Phase III vessels delivered since 2022 and two dual-fuel newbuildings due in Q1 2027. Management said fleet carbon intensity fell 22%, with no vessels in the lowest “E” category. Net debt was about $8m per vessel, liquidity about $343m, and revenue backlog about $154m.

Strategic Performance and Operational Context Performance was driven by a relatively strong charter market and improved earnings from bareboat charter vessels, leading to a significant increase in adjusted EBITDA to $50.3 million. The company is executing a long-term fleet renewal strategy, having taken delivery of 14 Phase 3 newbuilds over the last five years to maintain a competitive average fleet age of 10.3 years.

Safe Bulkers, Inc (SB) is scheduled to report Q2 2026 earnings on July 28 after market close, with results expected at 4:00 PM ET. The consensus estimates cited are revenue of $77.50 million and EPS of $0.21 for the quarter.

Safe Bulkers reported unaudited first-quarter 2026 results for the three months ended March 31, 2026, and its board declared a cash dividend of $0.06 per common share. Management said Q1 EPS rose to 18 cents and noted fleet renewal via four newbuild orders and sales of older vessels. In June 2026, its common stock began trading on Euronext Athens (SB).

U.S. stock futures rose Thursday after Tuesday’s sharp sell-off, with markets pricing a 72.2% chance the Fed holds July rates unchanged (CME FedWatch). The 10-year Treasury yield was 4.45% and the 2-year 4.17%. Key movers: Smith & Wesson +15.37% on better Q4 results; Safe Bulkers +3.40% on better Q1 results; Sleep Number -55.90% after Nasdaq delisting plans following Chapter 11. Investors watch jobless claims and the Philly Fed survey.

CNN Money’s Fear and Greed index fell to 39.3 on Tuesday, remaining in the “Fear” zone. U.S. stocks finished mixed: the Dow rose about 329 points to 51,999.67, while the S&P 500 fell 0.57% to 7,511.35 and the Nasdaq dropped 1.15% to 26,376.34. Markets awaited the Fed decision; futures imply a 97% hold at 3.5%-3.75%.

Safe Bulkers said it signed a definitive deal to build and acquire a 182,000 dwt capesize vessel via financial leasing. The 10-year bareboat charter starts on delivery in 2H 2029, with an option to buy after five years at pre-agreed prices. The ship meets IMO GHG Phase 3 and NOx Tier III. Orderbook: 11 newbuilds.

Safe Bulkers began trading on the Main Market of Euronext Athens under symbol SB, after being listed on the NYSE since 2008; it opened at €5.70, according to the article. Cyprus tourism revenue fell 33.8% y/y in March 2026 to €85.6m (Cystat), with Q1 down 11.8% to €245.5m. Retail turnover rose in April, and Cyprus GDP grew 3% y/y in Q1.