# Safe Bulkers capital increase and fleet renewal

> Live situation record from CLSTR: https://clstr.news/situations/safe-bulkers-capital-increase-and-fleet-renewal
> Updated: 2026-09-15T09:43:55.000Z. Sources: 3. Developments: 2.

Dry-bulk shipping company Safe Bulkers initiated a private placement of approximately 12 million new common shares to fund its fleet renewal programme and potential vessel acquisitions. The capital raise, managed by Piraeus Bank and DNB, aimed to strengthen liquidity following the company’s listing on Euronext Athens.

Following the capital increase, which raised €80.4 million, CEO Polys Hajioannou completed a €10.05 million investment through Moutoulas Shipping Corporation. This involved the acquisition of 1.5 million common shares at €6.70 per share. The new shares began trading on the Euronext Athens Main Market on September 14.

## Timeline

### 2026-09-15: Safe Bulkers CEO invests €10m in capital increase

Safe Bulkers CEO Polys Hajioannou invested €10.05 million in the company via Moutoulas Shipping Corporation following a successful €80.4 million share capital increase.

2 sources. https://clstr.news/cluster/safe-bulkers-ceo-invests-10m-in-capital-increase

### 2026-09-09: Safe Bulkers announces 12 million share placement to fund fleet renewal

Safe Bulkers is planning a 12 million share private placement to finance its fleet renewal programme and new vessel acquisitions.

2 sources. https://clstr.news/cluster/safe-bulkers-announces-12-million-share-placement-to-fund-fleet-renewal

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Cite as: Safe Bulkers capital increase and fleet renewal. CLSTR, https://clstr.news/situations/safe-bulkers-capital-increase-and-fleet-renewal