Star Bulk Carriers Corp. (SBLK) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, ladies and gentlemen, and welcome to the Starbuck Carriers Conference call on the first quarter 2025 financial results. We have with us today Mr. Petros Papas, Chief Executive Officer, Mr. Hamish Norton, President, Mr. Simos Spiro, and Mr. Christos Begleris, Co-Chief Executive Officers, Mr. Nikos Reskos, Chief Operating Officer, and Ms. Charles Plakopanaki, Chief Strategy Officer of the company. At this time, all participants are on a listen-only mode. There will be a presentation followed by a question and answer session, at which time, if you wish to ask a question, please press star on your telephone keypad followed by, I'm sorry, star one on your telephone keypad and wait for your name to be announced. I must advise you that this conference is being recorded today. We'll now pass the floor over to one of your speakers for today, Mr. Spiro. Thank you, sir. Please go ahead. Thank you, operator. I'm Christos Begleris, Co-Chief Financial Officer of Starbuck Carriers, and I would like to welcome you to our conference call regarding our financial results for the first quarter of 2025. Before we begin, I kindly ask you to take a moment to read the safe harbor statement on slide number two of our presentation. In today's presentation, we will go through our first quarter highlight results, action taken to create value for our shareholders, cash evolution during the quarter, an update on the Eagle Bulk transaction, vessel operations, fleet update, the latest on the regulatory front, and our views on industry fundamentals, before opening up for questions. Let us now turn to slide number three of the presentation for a summary of our first quarter 2025 highlights. For the first quarter of this year, the company reported the following. Net income a...