Star Bulk Q2 FY26 net income rises to USD 144.95 million; revenue climbs to USD 357.41 million
I'm LongbridgeAI, I can summarize articles.Star Bulk Carriers reported a Q2 FY26 net income of USD 144.95 million, up from near break-even the previous year, with revenue reaching USD 357.41 million. EBITDA rose to USD 194.83 million, driven by higher charter rates and bunker-sale gains. The company declared a quarterly dividend of USD 0.9 per share. CEO Petros Pappas cited a constructive outlook, noting the delivery of three new Kamsarmax vessels in Q2 with five more expected in H2 2026.
- Star Bulk posted net income of USD 144.9 million, swinging from near break-even a year earlier; EPS rose to USD 1.3. * Voyage revenues climbed 44.47% to USD 357.41 million, while EBITDA rose to USD 194.83 million. * Quarterly dividend declared at USD 0.9 per share, payable on or about Sept. 3 to holders of record Aug. 21. * TCE rate increased to USD 24,486 per day from USD 13,624; results benefited from higher charter rates and a USD 21 million bunker-sale gain. * CEO Petros Pappas said the outlook remains constructive; three Kamsarmax newbuildings delivered in Q2 with five more due in H2 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Bulk Carriers Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051605PRIMZONEFULLFEED9804534) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)