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Star Bulk Carriers Corp. Reports Net Profit of $74.9 Million for the First Quarter of 2024, and Declares Quarterly Dividend of $0.75 Per Share
Newsfilter· 2024-05-22 21:16
ATHENS, Greece, May 22, 2024 (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 first quarter of 2024. 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 ...
Eagle Shareholders Approve Merger With Star Bulk
Newsfilter· 2024-04-05 13:12
STAMFORD, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company") today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the "Merger Agreement"), entered into by and among Star Bulk Carriers Corp. ("Star Bulk"), Star Infinity Corp. ("Merger Sub") and the Company and the merger contemplated thereby (the "Merger Proposal") and (2) a proposal ...
Eagle Bulk Shipping (EGLE) - 2023 Q4 - Annual Report
2024-03-04 22:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-33831 EAGLE BULK SHIPPING INC. (Exact name of Registrant as specified in its charter) Republic of the Marshall Islands 98-0453513 (State or othe ...
Eagle Bulk Shipping Inc. Reports Results for the Fourth Quarter of 2023
Newsfilter· 2024-03-01 13:30
STAMFORD, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter and year ended December 31, 2023. Quarter Highlights: Generated Revenues, net of $104.6 million Achieved TCE(1) of $16,169 / day based on TCE Revenues(1) of $74.8 million Realized net income of $6.7 million, or $0.71 per basic share Adjusted net income(1) of ...
Eagle Bulk Shipping (EGLE) - 2023 Q4 - Annual Results
2024-02-29 16:00
Exhibit 99.1 Eagle Bulk Shipping Inc. Reports Results for the Fourth Quarter of 2023 STAMFORD, CT, March 1, 2024 -- Eagle Bulk Shipping Inc. (NYSE: EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter and year ended December 31, 2023. Quarter Highlights: Annual Highlights: Merger Update: Recent Developments: Eagle's CEO Gary Vogel commented, "We saw a meaningful improvement to our bottom line ...
Star Bulk Carriers Corp. Reports Net Profit of $39.7 Million for the Fourth Quarter of 2023, and Declares Quarterly Dividend of $0.45 Per Share
Newsfilter· 2024-02-12 22:30
ATHENS, Greece, Feb. 12, 2024 (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 of 2023. 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 consolidate ...
Eagle Bulk Shipping (EGLE) - 2023 Q3 - Quarterly Report
2023-11-03 20:20
FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to __________________ Commission File Number 001-33831 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ Stamford, Connecticut 06902 (Address of principal executive off ...
Eagle Bulk Shipping (EGLE) - 2023 Q3 - Earnings Call Transcript
2023-11-03 15:14
Eagle Bulk Shipping Inc. (NYSE:EGLE) Q3 2023 Earnings Conference Call November 3, 2023 8:00 AM ET Company Participants Gary Vogel - CEO Costa Tsoutsoplides - CFO Conference Call Participants Liam Burke - B. Riley Financial Benjamin Nolan - Stifel Gregory Lewis - BTIG Omar Nokta - Jefferies Operator Good day and thank you for standing by. Welcome to Eagle Bulk Shipping Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakerÂ's presentation, the ...
Eagle Bulk Shipping (EGLE) - 2023 Q3 - Earnings Call Presentation
2023-11-03 12:24
commodities 6 Q4 2023 Outlook Asset prices have traded up ~10% since recent low in August, Drybulk Trade (ton-miles) vs. Global GDP 21 Current Fleet Age Profile Sale & Purchase Transactions + Fleet Fuel Efficiency 7 14 1 2 6 14 8 4 2 19 <5 5-7.5 7.5-10 10-12.5 12.5-15 >15 Fleet Vessels Acquired Acquisition Pending Vessels Sold Current Fleet Vessels 52 Fleet Increase vs Jan16 18% DWT Increase vs Jan16 31% % Scrubber-fitted 96% Avg. Age 10.0 yrs 2 10 2 6 3 6 2 2 -4 -4 -3 -3 -5 -1 -1 -4 0.51 0.53 0.55 0.57 0.5 ...
Eagle Bulk Shipping (EGLE) - 2023 Q2 - Quarterly Report
2023-08-04 21:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to __________________ Commission File Number 001-33831 EAGLE BULK SHIPPING INC. (Exact name of Registrant as specified in i ...