Star Bulk Carriers Corp. (SBLK) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, ladies and gentlemen, and welcome to the Starbolt Carriers Conference Call on the fourth quarter 2025 financial results. We have with us Mr. Petros Papas, Chief Executive Officer, Mr. Hamish Norton, President, Mr. Simas Biru and Mr. Christos Beglaris, Co-Chief Financial Officers, Mr. Nikos Reskos, Chief Operating Officer, Konstantinos Simanderis, Head of Marketing Analysis, and Mrs. Charis Planketanaki, Chief Strategy Officer of the company. At this time, all participants are in 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 1 on your telephone keypad and wait for your name to be announced. I must advise you that this conference is being recorded. We now pass the floor to one of your speakers today, Mr. Spiro. Please go ahead, sir. Thank you, Operator. Good morning, ladies and gentlemen, and thank you for joining us today. I'm Simo Spirou, Co-Chief Financial Officer of Staple Carriers, and I would like to welcome you to our conference call regarding our financial results for the fourth 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 review our fourth quarter 2025 company highlights, financial performance, capital allocation initiatives, cash evolution during the quarter, operational performance, our continued investments in the fleet, developments on the regulatory fund, and our perspective on industry fundamentals. We will then open the floor for questions. Turning to slide three, the fourth quarter was characterized by solid profitability, disciplined capital allocation, and continued balance sheet strengt...