Star Bulk Carriers

Star Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Star Bulk Carriers posts strong Q4 earnings amidst market optimism

Star Bulk Carriers delivered a robust performance in Q4 2022, driven by strong earnings, positive cash flow, and a commitment to shareholder value through dividends.
While facing challenges such as fleet upgrade expenses and cost management, the company remains well-positioned with a solid financial foundation and growth opportunities.
By capitalizing on its strengths in operational efficiency, ESG initiatives, and market outlook, Star Bulk can navigate challenges and leverage opportunities for sustainable growth.

Star Bulk Carriers reports robust Q1 earnings and advances ESG initiatives

Star Bulk Carriers' Q1 2023 performance reflects financial resilience, operational excellence, and a strategic focus on sustainable growth amidst industry challenges and opportunities.
The company's strengths in liquidity management, capital allocation discipline, and ESG leadership position it well for long-term value creation and competitive advantage.
While facing debt-related challenges and market uncertainties, Star Bulk Carriers can leverage fleet optimization, ESG commitments, and industry trends to drive future success and shareholder value.

Star Bulk Carriers posts solid Q2 earnings amidst sustainability drive

Star Bulk Carriers delivered strong financial results in Q2 2023, supported by robust earnings, shareholder returns, and operational efficiency.
While facing challenges such as upcoming dry dock expenses and cost management, the company remains well-positioned to capitalize on market opportunities.
By focusing on sustainability, innovation, and financial discipline, Star Bulk Carriers aims to navigate industry dynamics and drive long-term value for stakeholders.

Star Bulk Carriers posts solid Q3 results, eyes sustainable growth

Star Bulk Carriers delivered strong financial results in Q3, supported by a robust dividend payout and strategic fleet management decisions.
The company's ESG efforts and market focus on key trades provide a foundation for sustainable growth and operational efficiency.
While facing challenges related to debt levels and market dependencies, Star Bulk Carriers has opportunities to optimize shareholder value and navigate industry trends effectively.

Star Bulk Carriers excels in Q4, eyes sustainable growth

Star Bulk Carriers delivered a robust financial performance in Q4 2023, maintaining a strong cash position and strategic fleet management.
While facing challenges such as managing dry dock expenses and regulatory compliance, the company's proactive approach and environmental focus present growth opportunities.
Overall, Star Bulk's commitment to sustainability, operational efficiency, and market positioning bode well for future success in the dry bulk shipping industry.

Star Bulk Carriers posts solid Q1 earnings amidst ESG focus

Star Bulk Carriers delivered strong financial performance in Q1 2024, supported by robust earnings, liquidity position, and operational efficiency.
While facing challenges related to debt management and market uncertainties, the company's strategic focus on capital allocation, ESG initiatives, and fleet modernization presents growth opportunities.
By maintaining financial discipline, pursuing sustainable practices, and leveraging market trends, Star Bulk is poised to navigate challenges and capitalize on future opportunities in the shipping industry.

Star Bulk Carriers excels in Q3 2024, eyes growth amid challenges

Star Bulk Carriers demonstrated robust financial performance, operational efficiency, and commitment to ESG initiatives in Q3 2024.
While facing challenges such as high debt levels and market uncertainties, the company leverages its strengths in market leadership and strategic integration.
Opportunities lie in expanding global trade, operational synergies, and fleet optimization strategies to drive sustainable growth and value creation.
Overall, Star Bulk's performance reflects resilience, adaptability, and a proactive approach to navigating the evolving shipping landscape.

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ATHENS, Greece, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into an agreement with SCORPIO BULKERS INC.  (“Scorpio”) (NYSE: SALT) to acquire seven vessels (the “Vessels”), by assuming the outstanding lease obligations of the Vessels which are currently at $102.3 million.  As consideration, the Company will issue to Scorpio three million newly issued SBLK shares.   The transaction is subject to the approval of the lessor and customary documentation.

Star Bulk Carriers Corp. Announces a Seven Vessel Transaction With Scorpio Bulkers Inc.

ATHENS, Greece, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that it has become a signatory of the “Neptune Declaration on Seafarer Wellbeing and Crew Change”, a worldwide call to action to end the unprecedented crew change crisis caused by the Covid-19 pandemic.

Star Bulk Carriers Corp. Announces That It Has Become a Signatory of the “Neptune Declaration on Seafarer Wellbeing and Crew Change”

ATHENS, Greece, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has taken delivery of the three capesize vessels E.R. BAYONNE, E.R. BUENOS AIRES and E.R. BORNEO (the “Vessels”) from entities affiliated with E.R. Capital Holding GmbH & Cie. KG (“E.R.” or “Sellers”), pursuant to the transaction previously disclosed on December 17, 2020. The Cash Consideration of the transaction was financed through proceeds of a new five-year term loan from a leading European financial institution.

Star Bulk Carriers Corp. Announces Delivery of Three Capesize Vessels

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Star Bulk Carriers: Buy The Biggest And The Best

ATHENS, Greece, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into a  definitive agreement with entities affiliated with E.R. Capital Holding GmbH & Cie. KG (“E.R.”  or “Sellers” ) pursuant to which the Company will acquire three (3) cape size  dry bulk vessels , namely  E.R. BAYONNE, E.R. BUENOS AIRES and E.R. BORNEO (the “Vessels”). The Vessels are retrofitted with exhaust gas cleaning systems (Scrubbers). Consideration for the acquisition is payable in the form of $39.0 million in cash (“Cash Consideration”) and 2,100,000 common shares of Star Bulk (“Share Consideration”). The transaction was negotiated by the Company on the basis of NAV.

Star Bulk Agrees to Acquire Τhree Dry Bulk Vessels From E.R. Capital Holding

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Star Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q3 2020 Results - Earnings Call Transcript

ATHENS, Greece, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the third quarter and nine months ended September 30, 2020 after the market closes in New York on Monday, November 16, 2020. Star Bulk's management team will host a conference call to discuss the Company's financial results on Tuesday, November 17, 2020 at 11:00 a.m. Eastern Time (ET).

Star Bulk Announces Dates for the Release of Third Quarter and Nine Months Ended September 30, 2020 and Results, Conference Call and Webcast

ATHENS, Greece, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced the publication of its 2019 Sustainability Report (“Report”), developed in accordance with the Global Reporting Initiative Standards (Core Option). 

Star Bulk Carriers Corp. Announces Its 2019 Sustainability Report

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Star Bulk Carriers: Set For China-Brazil Iron Ore Surge

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Star Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q2 2020 Results - Earnings Call Transcript

Star Bulk Carriers (SBLK) delivered earnings and revenue surprises of 40.63% and 11.20%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Star Bulk Carriers (SBLK) Reports Q2 Loss, Tops Revenue Estimates

ATHENS, Greece, Aug.  05, 2020  (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the second quarter and the first half of 2020.

Star Bulk Carriers Corp. Reports Financial Results for the Second Quarter and First Half of 2020

Star Bulk Carriers (SBLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Star Bulk Carriers (SBLK) Q2 Earnings Expected to Decline

SBLK was prepared for an extended dry bulk shipping slump, but the recent huge surge in rates has been a pleasant surprise.

Star Bulk Carriers: A Safe 9.6% Baby Bond Yielder As Dry Bulk Shipping Rebounds

Star Bulk (SBLK) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.

Star Bulk (SBLK) Surges: Stock Moves 9.6% Higher

ATHENS, Greece, June  18, 2020  (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK, Oslo: SBLK), refers to the press release of June 4, 2020 announcing the delisting of the Company’s common shares from the Oslo Børs  (“OSE”). The last day of trading on the Oslo Børs will be July 31, 2020 and the delisting will take effect as from August 3, 2020. The Company’s common shares will continue to trade on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “SBLK”.

Star Bulk Provides Details on the Delisting Process From Oslo Børs,  Deregistration From the VPS and Continued Trading on Nasdaq  Under the Symbol “SBLK”

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News for Star Bulk Carriers Stock (SBLK)