Star Bulk Carriers Corp. · NASDAQ:SBLK
Star Bulk Carriers — Investor Presentation (March 2023)
8 slides from Star Bulk Carriers's investor presentation, March 2023
Slide 1: Corporate Presentation March 2023
CORPORATE PRESENTATION MARCH 2023
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, this presentation contains among other things, certain forward-looking statements that involve risks and uncertainties. Such statements may include, without limitation, statements with respect to the Company’s plans,
Slide 3: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS The largest, most liquid US-listed dry bulk company with significant operating leverage to a market with strong fundamentals The Largest US-Listed Dry Bulk Company Fleet Size (DWT) • Fleet of 128 high quality with an average age of ~10.9 years 14.1M 13.7M • Significant leve
Slide 4: Building an Institutional Dry Bulk Company
BUILDING AN INSTITUTIONAL DRY BULK COMPANY Development of fleet, market cap. and trading volume Successful track record of 4000 100000 acquiring fleets by issuing shares at or above NAV Acquired 3 newbuilding Newcastlemax 90000 3500 vessels from Ocean Bulk Carriers Acquired a fleet of 15 vessels 800
Slide 5: Scaled Fleet with Significant Operating Leverage
SCALED FLEET WITH SIGNIFICANT OPERATING LEVERAGE Fleet Snapshot Fleet Breakdown (by DWT) Leverage to market strength and fuel spreads • Largest dry bulk fleet among U.S. and European listed Ultramax / Newcastlemax / Capesize, 54.6% peers with 128 vessels with an average age of ~10.9 Supramax, 15.6%
Slide 6: Bunker Benefit Analysis
BUNKER BENEFIT ANALYSIS Scrubber Investment repaid in June 2022 • 120 vessels fitted with scrubbers • Approximately 131,000 scrubber operating days so far Hi5 Bunker Annualized Scrubber Scrubber Benefit per • Scrubber system availability 99.5% Spread benefit day • Average Hi5 spread of $311 per ton
Slide 7: A Solid and Transparent ESG Strategy
A SOLID AND TRANSPARENT ESG STRATEGY The Star Bulk To be the global leader in sustainable dry bulk shipping vision • Star Bulk is a signatory to the United Nations Global Compact supporting its Ten principles on human rights, labor, environment and anticorruption and committing to the broader develo
Slide 8: Thank You
THANK YOU 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 Tel. +30 (210) 617-8400 Email: info@starbulk.com www.starbulk.com Investor Relations / Financial Medi
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