Star Bulk Carriers Corp. (SBLK) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, ladies and gentlemen, and welcome to the Star Bowl Carriers Conference Call on the Third 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 Beglaris, Co-Chief Financial Officers, Mr. Nikos Reskos, Chief Operating Officer, and Mrs. Harris Plaka-Dinoki, and Mr. Constantine Simatris. 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'd like to ask a question, please press star 1 on your telephone keypad. I must advise you that this conference is being recorded today. We will now pass the floor over to your speakers. Mr. Spiro, please go ahead, sir. Thank you, Senator. I'm Christos Beglenis. Co-Chief Financial Officer of Starbell Carriers, and I would like to welcome you to our conference call regarding our financial results for the third 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 third quarter company highlights, financial results, actions taken to create value for our shareholders, cash evolution during the quarter, national operations, our investments in our fleet, 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 third quarter 2025 highlights. The company reported the following. Net income amounted to 18.5 million, adjusted net income of $32.4 million, or $0.16 adjusted income per share. Adjusted EBITDA was $87 million for the quarter. During the third q...