Star Bulk Carriers Corp

About

Star Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.

Growth

Star Bulk is an established global shipping company operating in the dry bulk sector. With a fleet of 159 vessels and a diverse range of cargo capabilities, the company has positioned itself as a key player in the maritime industry. With a strong presence on the Nasdaq Global Select Market, Star Bulk has demonstrated stability and growth over the years, indicating a mature enterprise stage in its development.

Achievements

Star Bulk has achieved significant milestones in its history, including reporting a net profit of $106.1 million for the second quarter of 2024. The company's ability to generate consistent revenue and declare dividends of $0.70 per share showcases its financial strength and market performance. Furthermore, the recent vessel sale and repurchase of common shares highlight the company's strategic initiatives towards optimizing its fleet and capital structure.

Case Studies

Star Bulk's involvement in the transportation of major and minor bulks, including iron ore, minerals, grain, bauxite, fertilizers, and steel products, has had a significant impact on global trade and supply chain logistics. The company's ability to efficiently move a diverse range of cargo types across international waters showcases its operational expertise and industry knowledge. By consistently delivering goods on time and in optimal conditions, Star Bulk has established itself as a reliable and trusted shipping partner.

Key Events

In the past year, Star Bulk has made several key announcements, including the declaration of quarterly dividends, changes to its board composition, and updates on its vessel fleet. The company's successful listing on the Nasdaq Global Select Market and its ability to maintain a stable stock price demonstrate investor confidence and market viability. Additionally, the recent ESG Report and US Dividend Tax Treatment Form reflect Star Bulk's commitment to sustainability and regulatory compliance, positioning the company as a responsible corporate citizen in the shipping industry.

Socials

company logo
CEO
Founded

-

Operating Status

Active

Industry

Transportation/Logistics

headquarters
Address

40, Agiou Konstantinou Street Maroussi Athens GH 151 24 Greece...

Country

Greece

Employees

216

Key People

Raffaele Zagari (Director)

Eleni Vrettou (Director)

Hamish Norton (President)

Nicos Rescos (Chief Operating Officer)

Revenue

949.27 M

Operating Income

Stock Price

$19.03


Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success

Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.

Why Choose a VDC for Your Company?

1. Cost Optimization:

Save up to 70% on operational costs by leveraging remote teams and streamlined processes.

2. Expert Access:

Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.

3. Scalable Teams:

Scale your team as business needs evolve, from initial project setup to long-term support.

4. Accelerated Timelines:

Leverage 24/7 global teams to reduce project delays and speed up implementation.

5. Continuous Support:

Ensure uninterrupted business performance with ongoing maintenance and updates.

Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us

Book A Meeting To Setup Your VDCovertime

Welcome to AiDOOS Wiki

AiDOOS Information Wiki provides comprehensive information about products, companies, and individuals.


Star Bulk Carriers Corp

company logo

About Star Bulk Carriers Corp

Star Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.


Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success

Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.

Why Choose a VDC for Your Company?

1. Cost Optimization:

Save up to 70% on operational costs by leveraging remote teams and streamlined processes.

2. Expert Access:

Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.

3. Scalable Teams:

Scale your team as business needs evolve, from initial project setup to long-term support.

4. Accelerated Timelines:

Leverage 24/7 global teams to reduce project delays and speed up implementation.

5. Continuous Support:

Ensure uninterrupted business performance with ongoing maintenance and updates.

Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us

Book A Meeting To Setup Your VDCovertime
overtime