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Profile image for Star Bulk Carriers Corp.

Star Bulk Carriers Corp. Exhibitor

Presentation
Star Bulk Carriers is the largest US-listed dry bulk shipping company. The company was founded in late 2006 and is headquartered in Athens, Greece. The largest shareholder is Oaktree Capital, now owning ~26% of the shares outstanding.

The fleet comprises 128 modern vessels (~120 scrubber-fitted) with an average age of nine years on a fully delivered basis. Star Bulk was one of the early movers with regards to scrubber installations. The fleet composition is tilted towards the larger vessels, newcastleamaxes and capesizes.

Star Bulk Carriers updated its dividend policy during Q1’21 with the objective to increase cash returns to shareholders. The policy states the company’s intention to pay out cash in excess of a minimum cash balance on a quarterly basis. As of Q2’21, the company expects a strong market for Q4, thus keeping its fleet mostly trading spot.
Presenting

Physical

Type of industry

Shipping

Agenda

Star Bulk Carriers Corp.

Thursday September 16, 2021 11:05 - 11:25 CEST Stream 1 (Physical)

Contact information

Phone

+30 210 6178400

Address

40, Agiou Konstantinou Str.

Maroussi 15124

Athens

Greece

Representatives

Profile image for Herman Billung

Herman Billung SpeakerExhibitor

SVP
Star Bulk Carriers Corp.