Business
Star Bulk Carriers President, Hamish Norton, Gives an Update on Company Strategy and the Dry Bulk Sector Outlook
NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- With the occasion of the recently announced financial and operational results of Q2 2023, Mr. Hamish Norton,
About this update from Star Bulk Carriers Corp.
[{"type":"text","content":"NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- With the occasion of the recently announced financial and operational results of Q2 2023, Mr. Hamish Norton, President of Star Bulk Carriers (NASDAQ: SBLK) participated in Capital Link’s Trending News Podcast Series, hosted by Mr. Nicolas Bornozis, President of Capital Link. In this Podcast Series, company management discusses and comments on recent news and announcements. During the interview, Mr. Hamish Norton highlighted Star Bulk Carriers second quarter 2023 financial results, gave an update on Star Bulk’s business strategy, and his outlook for the dry bulk market. Interview Highlights: (indicating the time each topic is addressed in the interview) Q2 2023 financial highlights & market conditions in Q2 2023 @ 1:30Fleet renewal @ 4:34Fleet upgrades focused on fuel efficiency and compliance with emission regulations @ 9:41Carbon capture @ 13:38Capital allocation @ 18:00Dry bulk outlook – Supply side @ 22:00Dry bulk outlook – Demand side @ 28:50Shipowners investing in dry bulk shipping @ 33:31 The full interview can be accessed on the Capital Link TV page linked below:https://youtu.be/sqLAPsIq8Fg About Star Bulk CarriersStar Bulk Carriers 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, Limassol, Singapore and Germany. Its common stock trades on the Nasdaq Global Select Market under the symbol “SBLK”. As of August 3, 2023 and as adjusted for the delivery of agreed to be sold vessels to their new owner, Star Bulk operates a fleet of 120 vessels, with an aggregate capacity of 13.3 million dwt, consisting of 17 Newcastlemax, 20 Capesize, 2 Mini Capesize, 7 Post Panamax, 40 Kamsarmax, 2 Panamax, 20 Ultramax and 12 Supramax vessels with carrying capacities between 52,425 dwt and 209,529 dwt. Visit the company website at www.starbulk.com FORWARD LOOKING STATEMENTSCapital Link’s webinars, podcasts and presentations may contain \"forward-looking statements.\" Statements that are predictive in nature, that depend upon or refer to future events or conditions,...