The Latest Breaking News from SBLK

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

The stock market has been on a rough ride amid the rising inflation and the Fed’s monetary policy pivot. On the other hand, the shipping industry has been witnessing significant demand as economic activities spruce up. So, we think shipping stocks Star Bulk (SBLK), Safe Bulkers (SB), Nippon Yusen (NPNYY),…

Star Bulk Carriers Corp (NASDAQ:SBLK) has signed a joint letter of intent to establish a consortium to assess the development of an iron ore Green Corridor between Australia and East Asia. The consortium is led by the Global Maritime Forum, and its partners include BHP Group Ltd (NYSE:BHP), Rio Tinto plc (NYSE:RIO), and Oldendorff Carriers GmbH &…

Star Bulk Carriers (NASDAQ:SBLK) has outperformed the market over the past 5 years by 6.74% on an annualized basis producing an average annual return of 20.39%. Currently, Star Bulk Carriers has a market capitalization of $3.03 billion.

Growing demand for shipping services to transport raw materials amid global supply chain disruptions should allow Star Bulk Carriers (SBLK) and Golden Ocean Group (GOGL) to benefit. Let’s find out which of these stocks is a better buy now.

The severe economic sanctions imposed on Russia in response to its invasion of Ukraine are inviting immense volatility to global markets. Though major stock market benchmarks rebounded late yesterday, concerns over high inflation and disruptions to oil and gas supply could keep the markets under pressure in the near term.…

  Star Bulk Carriers (NASDAQ:SBLK) reported its Q4 earnings results on Wednesday, February 16, 2022 at 05:15 PM. Here's what investors need to know about the announcement.

With the resumption of industrial activities, the growing demand for dry bulk commodities has been increasing the demand for maritime transport services worldwide. Amid growing supply chain issues and rising shipping rates as the demand builds, prominent shipping stocks Star Bulk Carriers (SBLK) and Castor Maritime (CTRM) should benefit. But…

Soaring demand for shipping to address supply shortages should drive the shipping industry’s growth despite hindrances such as potential interest rate hikes and continuing geopolitical tensions. Therefore, Wall Street analysts expect quality shipping stocks Star Bulk (SBLK), Golden Ocean (GOGL), Eagle Bulk (EGLE), and Grindrod Shipping (GRIN) to rally significantly…