Safe Bulkers, a Greek owner of about 40 ships, posted on Wednesday its biggest quarterly profit in 12 years amid a jump in freight rates.
The Polys Hajioannou-led company reported net income of $32.4m for the second quarter, from a loss of $13.9m in the same period of 2020.
This is its best result since the second of quarter of 2009, according to available figures.
