Star Bulk Carriers Corp. (SBLK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, ladies and gentlemen, and welcome to the Starbalk Carriers Conference Call on the second quarter 2025 financial results. With us today, Mr. Petros Papas, Chief Executive Officer, Mr. Hamish Norton, President, Mr. Simos Spirou, and Mr. Cristos Begleris, Co-Chief Financial Officers, Mr. Nikos Raskos, Chief Operating Officer, Mrs. Charis Plakantonaki, Chief Strategy Officer of the company, and Constantino Cimentiras, Head of Market Analysis of the company. At this time, all participants are in the 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 one on your telephone keypad and wait for your to be announced. I must advise you that this conference is being recorded today. We now pass the floor to one of our speakers, Mr. Spirou. Please go ahead. Thank you, operator. I am Simos Spirou, Co-Chief Financial Officer of Starbalk Carriers, and I would like to welcome you to our conference call regarding our financial results for the second 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 Q2 highlights results, actions taken to create value for our shareholders, cash evolution during the quarter, assault update on the merger synergies, vessel operations, fleet update, the latest on the regulatory front, and our views on the industry fundamentals before opening up for questions. Let us now turn to slide number three of the presentation for a summary of our second quarter 2025 highlights. The company reported the following. Net income amounted to $40,000 with adjusted net income of $13.2 million or 11 cents per ...