Star Bulk Carriers Corp. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported revenue was USD 230.65 million compared to USD 259.39 million a year ago.
Net income was USD 0.462 million compared to USD 74.86 million a year ago.
Star Bulk Carriers Corp is a Greece-based global shipping company. The Company owns and operates a diverse fleet of dry bulk vessels that transport bulk commodities, including iron ore, minerals and grain, bauxite, fertilizers and steel products, along worldwide shipping routes. The Company has a fleet of 112 vessels, with an aggregate capacity of 12.5 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt. The Company maintains executive offices in Athens, Greece and in Limassol, Cyprus.
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