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 Q4 2020

Earnings data Q1 2021

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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.

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ATHENS, Greece, April 01, 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, today announced that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's audited financial statements for the fiscal year ended December 31, 2020, was filed with the Securities and Exchange Commission on March 31, 2021. The Annual Report can be found on the Commission's website at http://www.sec.gov and on the Company's website at http://www.starbulk.com.

Star Bulk Announces Availability of Its 2020 Annual Report on Form 20‐F

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Why Star Bulk Carriers Stock Just Popped

ATHENS, Greece, March 16, 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 six dry bulk vessels pursuant to the previously announced transaction with ENETI INC. (formerly  known as SCORPIO BULKERS INC.). The seventh vessel of the transaction, SBI PEGASUS, is expected to be delivered to the Company within early second quarter of this year.

Star Bulk Carriers Corp. Announces Closing of Acquisition of 6 Dry Bulk Vessels From Eneti Inc.

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Star Bulk Carriers (SBLK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Star Bulk Carriers (SBLK) Moves 6.3% Higher: Will This Strength Last?

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Star Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q4 2020 Results - Earnings Call Transcript

Star Bulk Carriers (SBLK) delivered earnings and revenue surprises of 30.43% and -0.29%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Star Bulk Carriers (SBLK) Beats Q4 Earnings Estimates

Shares of Star Bulk Carriers (NASDAQ:SBLK) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 16.67% over the past year to $0.30, which beat the estimate of $0.22.

Star Bulk Carriers: Q4 Earnings Insights

ATHENS, Greece, Feb. 17, 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, today announced its unaudited financial and operating results for the fourth quarter and year ended December 31, 2020. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries.

Star Bulk Carriers Corp. Reports Net Profit of $27.8 Million for the Fourth Quarter and $9.7 Million for the Year Ended December 31, 2020

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Earnings Preview: Star Bulk Carriers (SBLK) Q4 Earnings Expected to Decline

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ATHENS, Greece, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the fourth quarter and twelve months ended December 31, 2020 after the market closes in New York on Wednesday, February 17, 2021. Star Bulk's management team will host a conference call to discuss the Company's financial results on Thursday, February 18, 2021 at 11:00 a.m. Eastern Time (ET).

Star Bulk Announces Dates for the Release of Fourth Quarter and Twelve Months Ended December 31, 2020 and Results Conference Call and Webcast

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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

News for Star Bulk Carriers Stock (SBLK)