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Star Bulk Carriers Corp. Reports Net Profit of $27.8 Million for the Fourth Quarter and $9.7 ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Star Bulk Carriers Corp. Reports Net Profit of $27.8 Million for the Fourth Quarter and $9.7 .
Star Bulk Carriers Corp.February 17, 2021 GMT
ATHENS, Greece, Feb. 17, 2021 (GLOBE NEWSWIRE) Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter and year ended December 31, 2020. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. ....

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Una pareja misionera y su hijo de 4 años pedalearon 1000 kilómetros para visitar a su familia en Misiones

Una pareja misionera y su hijo de 4 años pedalearon 1000 kilómetros para visitar a su familia en Misiones
misionesonline.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from misionesonline.net Daily Mail and Mail on Sunday newspapers.

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Capesize secondhand sales bonanza in Q4 | Hellenic Shipping News Worldwide


Capesize secondhand sales bonanza in Q4
The Capesize market in Q4 thus far was defined by a steady decline in BDI with a recent small uptick during December.
After its 5TC average peaked in the first days of October to US$33.500/d, it is now hovering in the very low US$15,000’s/d region. Substantial sales volume was recorded amidst a steady supply of tonnage available for sale, feeding the enhanced appetite for secondhand Cape investments during the first half of Q4.
The mix of low orderbook to fleet ratio (8% for Capes with 28mill dwt in September 2020, compared with 14% on the average during 2017-2019), “capped” NB contracting. This is primarily attributed to market, regulatory and technological uncertainties (Capesize/Newcastlemax/VLOCS newbuilding orders number just 10 units for 2020 till October). It is this environment that signaled the resilience the dry bulk market has exhibited during the 2H20, amid various trade and logistical disruptions caused by the ....

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Star Bulk acquires three scrubber-fitted capesizes from E.R. Capital


Photo: athree23 - Pixabay
Nasdaq-listed Star Bulk Carriers Corp has penned a deal to acquire three capesize bulk carriers from E.R. Capital Holding for a consideration of $39m in cash and 2.1m common shares of Star Bulk.
The three 180,000-dwt, 2010-Hyundai Heavy Industries built ships are the E.R. Bayonne, E.R. Buenos Aires, and E.R. Borneo. They are retrofitted with scrubbers.
“The company is in advanced discussions with a leading financial institution to finance the cash consideration through proceeds of a five-year term loan,” Star Bulk stated.
The capesizes are scheduled to be handed over to Star Bulk by early-February 2021. ....

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Star Bulk Agrees to Acquire Τhree Dry Bulk Vessels From E.R. Capital Holding


540,000
The Vessels are expected to be delivered to the Company by early February 2021 and delivery remains subject to the execution of customary closing conditions.
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, coal 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, Oslo, New York, Cyprus and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol SBLK . Star Bulk operates a fleet of 119 vessels, with an aggregate capacity of 13.4 million dwt, consisting of 17 Newcastlemax, 22 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 17 Ultramax and 17 Supramax vessels with carrying capacities between 52,425 dwt and 209,537 dwt. ....

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