Safe Bulkers recorded a second-quarter loss amid a sea of coronavirus-related troubles that included sailing its ships longer distances to reach open ports for crew changes.
The Polys Hajioannou-led owner of 42 bulkers posted a net loss on Monday of $16.8m versus $1.36m a year earlier.
On an adjusted basis, the $16.3m loss compared with a $1.52m deficit for the same time frame in 2019.
