Seaborne transportation solutions
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Star Bulk Provides Update for its Q4 2025 TCE and Coverage
Globenewswire· 2025-12-10 14:15
Core Viewpoint - Star Bulk Carriers Corp. estimates its time charter equivalent (TCE) rate for Q4 2025 to be approximately $19,500 per day for about 93% of its owned available days [1] TCE Rate Estimates by Segment - Newcastlemax/Capesize vessels are expected to have a TCE rate of approximately $27,600 per day for about 91% of owned available days [6] - Post Panamax/Kamsarmax/Panamax vessels are estimated to have a TCE rate of approximately $16,400 per day for about 92% of owned available days [6] - Ultramax/Supramax vessels are projected to have a TCE rate of approximately $17,400 per day for about 94% of owned available days [6] Company Overview - Star Bulk is a global shipping company specializing in dry bulk transportation, with a fleet of 145 vessels and an aggregate capacity of 14.3 million deadweight tons (dwt) [3] - The fleet includes various vessel types such as Newcastlemax, Capesize, Kamsarmax, and Ultramax, with carrying capacities ranging from 55,569 dwt to 209,537 dwt [3] - The company was incorporated in the Marshall Islands in 2006 and is listed on the Nasdaq Global Select Market under the symbol "SBLK" [3]
Star Bulk Announces Date for the Release of Third Quarter Ended September 30, 2025, Results, Conference Call, and Webcast
Globenewswire· 2025-11-10 14:00
Core Viewpoint - Star Bulk Carriers Corp. will release its third quarter financial results for the period ending September 30, 2025, on November 18, 2025, after market close, followed by a conference call on November 19, 2025, at 11:00 a.m. ET [1] Company Overview - Star Bulk is a global shipping company specializing in seaborne transportation solutions within the dry bulk sector, transporting major bulks like iron ore, minerals, and grain, as well as minor bulks such as bauxite, fertilizers, and steel products [5] - The company was incorporated in the Marshall Islands on December 13, 2006, and has executive offices in Athens, New York, Stamford, and Singapore [5] - Star Bulk's common stock trades on the Nasdaq Global Select Market under the symbol "SBLK" [5] - As of the release date, the company owns a fleet of 142 vessels with a total capacity of 14.2 million deadweight tons (dwt), including various types of vessels such as Newcastlemax, Capesize, Kamsarmax, and Ultramax [5] Conference Call Details - Participants are encouraged to join the conference call 10 minutes early using specific dial-in numbers, including a US toll-free number and international options [2] - A "call me" option is available for participants to receive a call for faster connection [3] - The conference call will be accompanied by a live and archived webcast, with slides available on the company's website [4]
Star Bulk Carriers Corp. Announces Publication of 2024 Environmental, Social and Governance (ESG) Report
Globenewswire· 2025-10-29 16:00
Core Viewpoint - Star Bulk Carriers Corp. has published its 2024 Environmental, Social and Governance (ESG) Report, marking its seventh annual publication, which outlines the company's sustainability strategy, performance, and future goals [2][3]. Company Overview - Star Bulk is a global leader in dry bulk shipping, providing seaborne transportation solutions for major and minor bulk commodities, including iron ore, minerals, grain, bauxite, fertilizers, and steel products [4]. - The company was incorporated in the Marshall Islands in 2006 and is headquartered in Athens, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK" [4]. - As of the release date, Star Bulk owns a fleet of 142 vessels with a total capacity of 14.2 million deadweight tons (dwt), including various types of vessels such as Newcastlemax, Capesize, Kamsarmax, and Ultramax [4]. ESG Report Highlights - The 2024 ESG Report emphasizes measurable progress towards long-term ESG objectives, supported by detailed action plans and sustainability-focused Key Performance Indicators (KPIs) [2]. - The report is developed in accordance with Global Reporting Initiative (GRI 2021) standards and Sustainability Accounting Standards Board (SASB) for Marine Transportation (2023), aligning with the United Nations' Sustainable Development Goals (SDGs) [3]. - Specific GRI disclosures and SASB indicators have received limited assurance from EY in Greece, reinforcing the company's commitment to transparency and accountability in its ESG practices [3]. Leadership Statement - CEO Petros Pappas stated the company's mission is to be a reliable partner in global trade while leading the transition towards a more sustainable maritime future [3].
Star Bulk Announces Date for the Release of Second Quarter Ended June 30, 2025, Results, Conference Call, and Webcast
Globenewswire· 2025-07-08 13:40
Core Points - Star Bulk Carriers Corp. will release its second quarter results for the period ended June 30, 2025, after market close on August 6, 2025 [1] - A conference call to discuss the financial results will be held on August 7, 2025, at 11:00 a.m. Eastern Time [1] Conference Call Details - Participants should dial in 10 minutes before the scheduled time using the numbers (+1) 416 764 8646 or (+1) 888 396 8049, quoting "Star Bulk Carriers" and conference ID 13754842 [2] - A live and archived webcast of the conference call will be available on the Company's website [3] Company Overview - Star Bulk is a global shipping company specializing in seaborne transportation solutions in the dry bulk sector, transporting major and minor bulk commodities [4] - The company operates a fleet of 146 vessels with an aggregate capacity of 14.4 million deadweight tons (dwt), including various types of bulk carriers [4]
Star Bulk Announces Share Buyback of 1,985,169 Shares at an Average Price of $16.21 Per Share for a Total of $32.22 Million
GlobeNewswire News Room· 2025-06-16 12:30
Company Overview - Star Bulk Carriers Corp. is a global shipping company specializing in seaborne transportation solutions in the dry bulk sector, transporting major and minor bulk commodities [2] - The company was incorporated in the Marshall Islands in 2006 and has executive offices in Athens, New York, Stamford, and Singapore [2] - Star Bulk operates a fleet of 146 vessels with a total capacity of 14.4 million deadweight tons (dwt), including various types of bulk carriers [2] Share Buyback Announcement - The company has repurchased 1,985,169 shares since March 31, 2025, for a total of $32.22 million, at an average price of $16.21 per share [1] - Following the cancellation of the repurchased shares, the total number of issued and outstanding shares is now 115,603,652 [1]
Star Bulk Announces Results of Its 2025 Annual Meeting of Shareholders
Globenewswire· 2025-05-14 12:50
Company Overview - Star Bulk Carriers Corp. is a global shipping company specializing in seaborne transportation solutions within the dry bulk sector, transporting major and minor bulk commodities such as iron ore, minerals, grain, bauxite, fertilizers, and steel products [3] - The company was incorporated in the Marshall Islands on December 13, 2006, and has executive offices located in Athens, New York, Stamford, and Singapore [3] - Star Bulk's common stock is traded on the Nasdaq Global Select Market under the symbol "SBLK" [3] Fleet Information - As of the date of the release, Star Bulk owns a fleet of 150 vessels with an aggregate capacity of 14.7 million deadweight tons (dwt) [3] - The fleet composition includes 17 Newcastlemax, 15 Capesize, 1 Mini Capesize, 7 Post Panamax, 44 Kamsarmax, 1 Panamax, 48 Ultramax, and 17 Supramax vessels, with carrying capacities ranging from 55,569 dwt to 209,537 dwt [3] Recent Corporate Actions - The Annual Meeting of Shareholders was held in Cyprus on May 14, 2025, where several proposals were approved [1] - The re-election of Messrs. Petros Pappas, Arne Blystad, and Raffaele Zagari as Class C Directors on the Board of Directors was confirmed [1] - DELOITTE CERTIFIED PUBLIC ACCOUNTANTS S.A. was appointed as the independent auditors for the fiscal year ending December 31, 2025 [2]
Star Bulk Announces Date for the Release of First Quarter Ended March 31, 2025, Results, Conference Call, and Webcast
Globenewswire· 2025-05-08 12:45
Core Viewpoint - Star Bulk Carriers Corp. will release its financial results for Q1 2025 on May 14, 2025, and will host a conference call on May 15, 2025, to discuss these results [1]. Company Overview - Star Bulk is a global shipping company specializing in seaborne transportation solutions in the dry bulk sector, transporting major and minor bulk commodities [5]. - The company was incorporated in the Marshall Islands on December 13, 2006, and has executive offices in Athens, New York, Stamford, and Singapore [5]. - Star Bulk's common stock trades on the Nasdaq Global Select Market under the symbol "SBLK" [5]. - As of the release date, the company owns a fleet of 152 vessels with an aggregate capacity of 14.8 million deadweight tons (dwt), including various types of bulk carriers [5].