Star Bulk Carriers Corp（SBLK）のニュースとイベントSBLKStar Bulk Carriers Corp

Star Bulk Reports Q1 Revenue of $281.15M, Exceeds Expectations

Reports Q1 revenue $281.15M, consensus $223.55M. Petros Pappas, CEO of Star Bulk, commented: "The dry bulk market opened 2026 with counterseasonal strength across all vessel segments, and Star Bulk was well positioned to capture it. We generated Net Income of $58.5 million, EBITDA of $109.7 million, and TCE of $18,493 per vessel per day-a result that reflects both the quality of the market and the operating platform we have built. Our investment proposition to shareholders is straightforward: we believe Star Bulk converts dry bulk freight rates into cash returns more efficiently than any listed peer. Under the full payout dividend policy we adopted last quarter, the Board has approved a dividend of $0.50 per share, distributing our entire operating cash flow after capex and debt service. Combined with one of the lowest cost structures in the sector - daily OPEX of $5,071 and net cash G&A of $1,375 per vessel in Q1 - we aim for every dollar of rate improvement to flow through to shareholders. Since 2021, we will have returned over $2.05 billion through dividends and buybacks. This quarter also marks the beginning of our newbuilding delivery cycle, with our latest generation high specification Kamsarmax vessels joining the fleet. These arrivals, alongside our continued disposal of older tonnage, are steadily reshaping the fleet towards greater efficiency and lower emissions, reinforcing our competitive edge for the years ahead. Looking ahead, the supply-demand fundamentals that supported Q1 remain firmly in place, and we are optimistic about the remainder of the year. Under the current FFA curve, we are targeting to return more than $3 per share to our shareholders this year. With significant operating leverage across a diverse fleet of 141 vessels on a fully delivered basis, a full payout capital allocation policy, and one of the strongest balance sheets in the industry, we believe that Star Bulk is the most direct way for investors to access the dry bulk market. We remain committed to being the go-to dry bulk investment vehicle and to continue creating value for our shareholders."

Diana Shipping Proposes to Acquire Genco Shipping at $23.50 per Share

Diana Shipping (DSX), which owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping (GNK), announced that it has commenced a tender offer through its wholly-owned subsidiary, 4 Dragon Merger Sub, to purchase all outstanding shares of Genco common stock at $23.50 per share in cash. The offer is scheduled to expire at 5:00 p.m., New York City time, on June 2, unless extended. The company said, "The Offer is being made directly to Genco shareholders after the Genco Board of Directors' five-month refusal to engage on Diana's fully financed, all-cash proposals to acquire Genco. Diana submitted its initial proposal of $20.60 per share on November 24, 2025, and increased it to $23.50 per share on March 6, 2026. The Genco Board rejected both proposals without any engagement - a pattern of entrenchment designed to protect the Board and management's roles and pay packages at the expense of shareholders." The offer is not subject to any financing condition. Diana has obtained $1.43B in fully committed financing arranged by DNB Carnegie and Nordea, with participation from DNB, Nordea, BNP Paribas, Standard Chartered, Deutsche Bank and Danske Bank. Diana has also entered into a definitive agreement with Star Bulk Carriers Corp. (SBLK) to sell 16 of Genco's vessels for $470.5M in cash upon completion of the acquisition. Separately, Diana has nominated six independent director nominees - Gustave Brun-Lie, Paul Cornell, Chao Sih Hing Francois, Jens Ismar, Viktoria Poziopoulou and Quentin Soanes - for election to the Genco board at the 2026 annual meeting of shareholders.