Star Bulk Q2 FY26 net income rises to USD 144.95 million; revenue climbs to USD 357.41 million - SBLK News | RalliesStar Bulk Q2 FY26 net income rises to USD 144.95 million; revenue climbs to USD 357.41 million
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SBLK• Dividend and fleet update
- Quarterly dividend declared at USD 0.9 per share, payable on or about Sept. 3 to holders of record Aug. 21.
- CEO Petros Pappas said the outlook remains constructive; three Kamsarmax newbuildings delivered in Q2 with five more due in H2 2026.
Quarterly results rise on stronger charter rates
- 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.
- 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.
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