Star Bulk Carriers Corp. reports company developments tied to dry bulk shipping, fleet utilization and capital allocation. The company provides worldwide seaborne transportation for major bulks such as iron ore, minerals and grain, and minor bulks such as bauxite, fertilizers and steel products, using vessel classes that include Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax.
Recurring news themes include quarterly and annual operating results, time charter equivalent rates, vessel coverage, fleet composition, dividend declarations, share repurchase programs, annual report availability, shareholder voting matters and other capital-structure updates for the Nasdaq-listed common stock.
Star Bulk Carriers (SBLK) renewed its existing at-the-market equity offering programs, preserving unused capacity without increasing their size.
The renewed agreements allow offers and sales of up to $41,371,110 in common shares through Deutsche Bank Securities and up to $75,000,000 through Jefferies. These amounts equal the unused capacity remaining when the existing programs terminated. The renewal follows expiration of the underlying shelf registration statement, which enables securities offerings. Star Bulk said the renewal is solely due to passage of time and reflects no change in policy or strategy. Separate prospectus supplements have been filed with the SEC for the two programs.
Star Bulk Carriers (SBLK) has entered into a partnership with Hermes World Maritime involving two 2026 Kamsarmax vessels.
Under the agreement, Hermes will acquire a 35% ownership interest in the Star Ellie and Star Bella. Star Bulk will continue to perform both vessels' commercial and technical management. The agreement concerns ownership interests in these two vessels, rather than an interest in Star Bulk itself.
Star Bulk Carriers (SBLK) sets the opening price for all 116,071,386 issued and outstanding common shares on the Euronext Athens regulated market at €27,05.
The price equals the Nasdaq Global Select Market closing price of $31,21 on 15.09.2026, converted into euros using the EUR/USD reference rate published by the European Central Bank on the same date. On Euronext Athens, the common shares will trade under ticker symbol “SBLK” with ISIN MHY8162K2046. The company highlights that no securities offering was made in the United States or to U.S. persons, and new shares were placed with non-U.S. persons under Regulation S, subject to usual forward‑looking statement risks and trading disruption uncertainties.
Star Bulk Carriers (SBLK) has completed a public offering of new common registered voting shares in Greece and secured approval for the listing and trading of all its common shares on the Main Market of the Regulated Securities Market of Euronext Athens as of 15 September 2026.
The offering generated gross proceeds of €107.8 million (€105.4 million from the Greek Public Offering and about €2.5 million from a Parallel Offering to a limited group of persons). After estimated offering and listing expenses of €7.4 million, net proceeds total €100.4 million. The company plans to use €57.02 million to fund the remaining €94.92 million investment plan for three vessels under construction and up to €43.4 million for further vessel acquisitions by its subsidiaries. Common shares will trade on Euronext Athens under ticker “SBLK”, with the opening price equal to the Nasdaq Global Select Market closing price on 15 September 2026, converted into euros at the European Central Bank EUR/USD reference rate.
Star Bulk Carriers Corp (SBLK) has completed a €107.8 million Greek public offering of 4,400,000 new common shares at €24.50 each.
Of these, 4,300,000 shares were placed via the Public Offering in Greece and 100,000 shares via a Parallel Offering to a limited group of persons, in connection with the company’s admission to a parallel listing on the Main Market of the Regulated Securities Market of Euronext Athens. The total valid demand at the offering price reached 26,788,512 shares, or about €656.3 million, oversubscribing the Public Offering (4,300,000 shares) by over six times. Retail Investors were allocated 1,743,504 shares (41% of the Public Offering), while Qualifying Investors received 2,556,496 shares (59%). Two entities controlled by the CEO’s family received 148,800 shares, and Optima bank S.A. was allocated 52,000 shares on its own account.
Star Bulk Carriers Corp. (SBLK) priced 4,400,000 new common registered voting shares at €24.50 (US$28.40) per share following completion of its Greek public offering on 11 September 2026, ahead of a parallel listing on the Main Market of the Regulated Securities Market of Euronext Athens.
Total valid demand reached 26,788,512 shares at the final offer price, corresponding to €656.3 million and resulting in the public offering being oversubscribed by more than six times. The offer price is the same for all investors, both Qualified and Retail, who participated in the Public Offering and the Parallel Offering.
Star Bulk Carriers (SBLK)/b) announced the offering price range for its Greek equity offering of up to 4,400,000 new common registered voting shares.The price range for the New Shares is set at €23.00 to €25.50 per share, equivalent to $26.75 to $29.66 based on the exchange rate referenced. The final offering price will be determined within this range and published in line with applicable legal and regulatory requirements upon completion of the Offering. The New Shares are not registered under U.S. federal securities laws and will be offered to non‑U.S. persons outside the United States in offshore transactions under Regulation S of the Securities Act.
Star Bulk Carriers (SBLK) plans a parallel listing of all its common shares on the Main Market of Euronext Athens and an equity offering in Greece of up to 4,400,000 new common shares. The new shares will trade under ticker “SBLK”, like the existing Nasdaq-listed shares.
The gross proceeds may reach up to €112.2 million at a maximum offering price of €25.50 per share, with estimated net proceeds of about €104.9 million after approximately €7.3 million in expenses, assuming full subscription. Trading on Euronext Athens is expected to commence on September 16, 2026, following an offering period scheduled for September 9–11, 2026.
Diana Shipping (NYSE: DSX) and Star Bulk Carriers (Nasdaq: SBLK) mutually agreed, at Star Bulk’s request, to terminate their agreement under which Star Bulk would have acquired 16 Genco Shipping & Trading (NYSE: GNK) vessels following Diana’s proposed acquisition of Genco.
Diana confirmed that its offer to acquire all outstanding Genco shares not already owned by Diana remains outstanding, consisting of $24.80 per GNK share in cash (adjusted for a recent $0.80 dividend) plus one Diana share valued at $2.54 based on the 30‑day VWAP as of June 16, 2026. According to Diana, the termination does not affect its fully committed $1.411 billion financing from six international banks for the proposed Genco transaction.
Star Bulk Carriers (Nasdaq: SBLK) reported second quarter 2026 net income of $144.9 million and basic EPS of $1.30, versus virtually breakeven a year earlier. Voyage revenues rose to $357.4 million from $247.4 million, with TCE revenue at $284.6 million and TCE rate at $24,486 per day, despite a smaller average fleet of 134.3 vessels.
Adjusted EBITDA reached $184.2 million and operating cash flow was $149.9 million. The board declared a $0.90 quarterly dividend, the 22nd since 2021. During Q2, Star Bulk sold or agreed to sell five vessels for expected net proceeds of about $70.3 million and took delivery of three of eight newbuildings, with $122.0 million of capex remaining. New and extended debt facilities totaled $132.0 million drawn, and the company expects to have 29 unencumbered vessels after refinancings.