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. (SBLK) announced its 2022 score from the Carbon Disclosure Project (CDP), achieving a score of B, an improvement from B- in 2021. This places the company at the Management Level, above the industry average of C. The CDP score assesses corporate climate governance and encourages transparency in environmental performance. Star Bulk is committed to enhancing its environmental strategy and contributing to a net zero future. The company operates a fleet of 128 vessels, with a total capacity of 14.1 million dwt.
Star Bulk Carriers Corp. (SBLK) reported its third quarter 2022 financial results, highlighting voyage revenues of $364.1 million, a decline from $415.7 million in Q3 2021. Net income fell to $109.7 million, or $1.07 per share, down from $220.4 million, or $2.15 per share, the previous year. Adjusted EBITDA was $189.9 million. The Board declared a quarterly dividend of $1.20 per share, to be paid on December 12, 2022, marking the seventh consecutive distribution since 2021. The company has $392.7 million in cash and $754.7 million in interest rate swaps for risk management.
Star Bulk Carriers Corp. (SBLK) announced it will release its third quarter and nine-month financial results for 2022 on November 16, 2022, after market close. A conference call to discuss the results will take place on November 17, 2022, at 11:00 a.m. Eastern Time. Interested participants can dial in or use a registration option for easier access to the call. The company operates a fleet of 128 vessels in the dry bulk shipping sector, providing transportation solutions for various bulk commodities.
Star Bulk Carriers reported strong Q2 2022 results with net income of $200.1 million, a significant increase from $124.2 million in Q2 2021. Voyage revenues rose to $417.3 million, up from $311.4 million year-over-year. The company declared a quarterly dividend of $1.65 per share payable on September 8, 2022. TCE revenues stood at $337.5 million with a TCE rate of $30,451 per day, reflecting improved market conditions. Cash on hand was $385.6 million as of June 30, 2022.
Star Bulk Carriers Corp. (SBLK) will release its financial results for Q2 and the first half of 2022 on August 4, 2022, after NY market close. A conference call will occur on August 5, 2022, at 11:00 a.m. ET for discussions about these results. Participants must register to receive dial-in details. The company's fleet consists of 128 vessels with a total capacity of 14.1 million dwt, engaged in transporting various bulk commodities. Star Bulk emphasizes that forward-looking statements may involve risks, uncertainties, and assumptions.
Star Bulk Carriers Corp. (SBLK) will release its Q2 financial results on August 4, 2022, after market close. A conference call to discuss these results is scheduled for August 5, 2022, at 11:00 a.m. ET. Participants can join the call using specific US and international dial-in numbers. The event will also be available via a live webcast on the company’s website, along with archived audio. Star Bulk operates a fleet of 128 vessels, transporting major and minor bulk commodities globally.
Star Bulk Carriers reported impressive Q1 2022 financial results, with net income soaring to $170.4 million compared to $35.8 million in Q1 2021. EBITDA reached $220.7 million, a significant improvement from $84.5 million year-on-year. The company declared a quarterly dividend of $1.65 per share, payable on June 16, 2022. TCE Revenues increased to $304.9 million, with a daily TCE of $27,405, up 77% from the previous year. Despite challenges in the global economy, Star Bulk remains optimistic about the dry bulk market, driven by limited supply growth and strong demand.
Star Bulk Carriers Corp (NASDAQ:SBLK) held its Annual Meeting of Shareholders in Cyprus on May 11, 2022. The meeting approved key proposals including the re-election of Class C Directors: Petros Pappas, Spyros Capralos, Arne Blystad, and Raffaele Zagari. Additionally, DELOITTE CERTIFIED PUBLIC ACCOUNTANTS S.A. was appointed as the independent auditors for the fiscal year ending December 31, 2022. Star Bulk operates a fleet of 128 vessels, specializing in dry bulk transportation, with a total capacity of 14.1 million dwt.
Star Bulk Carriers Corp. (SBLK) will report Q1 2022 results after market close on May 24, 2022. The management will host a conference call on May 25, 2022, at 11:00 a.m. ET to discuss the financial results. Interested participants can dial in 10 minutes early and access a live and archived webcast on the company's website. Star Bulk operates a fleet of 128 vessels with a capacity of 14.1 million dwt, transporting iron ore, minerals, and grain, among other goods. The company emphasizes safe harbor provisions for forward-looking statements regarding future performance.
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