Welcome to our dedicated page for Star Bulk Carriers news (Ticker: SBLK), a resource for investors and traders seeking the latest updates and insights on Star Bulk Carriers stock.
Star Bulk Carriers Corp (SBLK) operates a modern fleet of dry bulk vessels transporting essential commodities worldwide. This news hub provides investors and maritime industry stakeholders with direct access to official company announcements and market-relevant updates.
Key resources include earnings reports, fleet expansion details, operational milestones, and strategic partnership announcements. Our curated collection ensures timely access to SBLK's verified financial disclosures and press releases.
Track developments across core operational areas including Newcastlemax deployments, coal transportation contracts, and environmental compliance initiatives. All content is sourced directly from company communications to maintain accuracy.
Bookmark this page for streamlined monitoring of SBLK's market position in global dry bulk shipping. Regular updates provide insights into cargo capacity utilization, charter rate trends, and operational efficiency metrics critical for informed analysis.
Star Bulk Carriers Corp. (Nasdaq: SBLK) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the Securities and Exchange Commission on March 7, 2023. The report contains audited financial statements and is accessible on both the SEC's and the Company's websites. Star Bulk specializes in the transportation of dry bulk cargoes, operating a fleet of 128 vessels with a total capacity of 14.1 million dwt. The Company emphasizes its commitment to transparency through compliance with regulatory standards.
Star Bulk Carriers Corp. (Nasdaq: SBLK) reported its fourth quarter and full year 2022 financial results. The fourth quarter saw voyage revenues drop to $294.8 million from $499.9 million in Q4 2021, with net income decreasing to $85.8 million, or $0.84 per share, down from $300.2 million, or $2.93 per share, year-over-year. The company declared a dividend of $0.60 per share, scheduled for payment on March 14, 2023. For the full year 2022, total voyage revenues amounted to $1.44 billion, with an annual net income of $566 million. Star Bulk's cash balance stood at $331.7 million as of early January 2023. Despite current market challenges, the company remains optimistic about long-term dry bulk demand.
Star Bulk Carriers Corp. (SBLK) will announce its fourth quarter and full-year results for 2022 on February 16, 2023, after market closure. A conference call to discuss these financial results is scheduled for February 17, 2023, at 11:00 a.m. Eastern Time. Interested participants can join by calling specific toll-free numbers provided. The call will also feature a live webcast along with presentation slides available on their website. Star Bulk operates a fleet of 128 vessels, transporting major and minor bulk commodities globally.
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