SBLK Star Bulk Carriers Corp.

Star Bulk Announces Date for the Release of Fourth Quarter Ended December 31, 2024 Results, Conference Call and Webcast

Star Bulk Announces Date for the Release of Fourth Quarter Ended December 31, 2024 Results, Conference Call and Webcast

ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the fourth quarter ended December 31, 2024, after the market closes in New York on Tuesday, February 18, 2025. Star Bulk's management team will host a conference call to discuss the Company's financial results on Wednesday, February 19, 2025 at 11:00 a.m. Eastern Time (ET).

Conference Call details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: (US Toll-Free Dial In) or (US and Standard International Dial In), or (UK Toll Free Dial In). Please quote “Star Bulk Carriers” to the operator and/or conference ID 13751689. Click for additional participant International Toll-Free access numbers.

Alternatively, participants can register for the call using the call me option for a faster connection to join the conference call. You can enter your phone number and let the system call you right away. Click for the call me option.

Slides and audio webcast:

There will also be a live, and then archived, webcast of the conference call and accompanying slides, available through the Company’s website. To listen to the archived audio file, visit our website and click on Events & Presentations. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

About Star Bulk

Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk’s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, New York, Stamford and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol “SBLK”. Upon delivery of the five firm Kamsarmax vessels currently under construction, Star Bulk will own a fleet of 156 vessels, with an aggregate capacity of 15.0 million dwt consisting of 17 Newcastlemax, 15 Capesize, 1 Mini Capesize, 7 Post Panamax, 44 Kamsarmax, 1 Panamax, 48 Ultramax and 23 Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt.

Contacts                     
Company:

Simos Spyrou, Christos Begleris

Co ‐ Chief Financial Officers

Star Bulk Carriers Corp.

c/o Star Bulk Management Inc.

40 Ag. Konstantinou Av.

Maroussi 15124

Athens, Greece

Email:

 Investor Relations / Financial Media:

Nicolas Bornozis

President

Capital Link, Inc.

230 Park Avenue, Suite 1540

New York, NY 10169

Tel. (212) 661‐7566

E‐mail:

   


EN
05/02/2025

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Reports on Star Bulk Carriers Corp.

Jørgen Lian
  • Jørgen Lian

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Star Bulk Announces Date for the Release of Fourth Quarter Ended Decem...

Star Bulk Announces Date for the Release of Fourth Quarter Ended December 31, 2024 Results, Conference Call and Webcast ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the fourth quarter ended December 31, 2024, after the market closes in New York on Tuesday, February 18, 2025. Star Bulk's management team will host a conference call to discuss the Company's financial results on Wednesday, February 19, 2025 at 11:00 a.m. Eastern Time (ET). Conference Call details:...

Jørgen Lian
  • Jørgen Lian

Star Bulk (Hold, TP: USD16.00) - Discounted entry, muted outlook

We remain cautious on the dry bulk sector and believe negative momentum in freight rates, asset values, and sell-side consensus will remain a burden on the stock near-term. However, Star Bulk is trading at a significant discount to underlying values (we calculate 0.66x EV/GAV), which alleviates much of the downside risk, in our view. Hence, we reiterate our HOLD, but have cut our target price to USD16.0 (20.2).

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