Star Bulk Carriers Files 6-K with Financial Updates

Ticker: SBLK · Form: 6-K · Filed: May 23, 2024 · CIK: 1386716

Sentiment: neutral

Topics: financial-reporting, sec-filing, dry-bulk

TL;DR

Star Bulk Carriers dropped a 6-K with updated financials, check it out.

AI Summary

Star Bulk Carriers Corp. filed a Form 6-K on May 23, 2024, reporting information for the month of May 2024. The filing includes a Management's Discussion and Analysis of Financial Condition and Results of Operations, along with unaudited interim condensed consolidated financial statements. The company is incorporated in Greece and its principal executive offices are located in Athens.

Why It Matters

This filing provides investors with updated financial performance and operational insights for Star Bulk Carriers Corp., crucial for assessing the company's current health and future prospects in the dry bulk shipping market.

Risk Assessment

Risk Level: low — This filing is a routine report of financial information and does not contain significant new risks or material adverse events.

Key Players & Entities

FAQ

What type of financial information is included in this 6-K filing?

This 6-K filing includes a Management's Discussion and Analysis of Financial Condition and Results of Operations and unaudited interim condensed consolidated financial statements.

What is the filing date of this Form 6-K?

The filing date of this Form 6-K is May 23, 2024.

What is the reporting period covered by this Form 6-K?

This Form 6-K reports information for the month of May 2024.

Where are Star Bulk Carriers Corp.'s principal executive offices located?

Star Bulk Carriers Corp.'s principal executive offices are located at 40 Agiou Konstantinou Street, 15124 Maroussi, Athens, Greece.

Does Star Bulk Carriers Corp. file annual reports under Form 20-F or Form 40-F?

Star Bulk Carriers Corp. indicates that it files annual reports under cover of Form 20-F.

Filing Stats: 1,342 words · 5 min read · ~4 pages · Grade level 19.9 · Accepted 2024-05-23 09:19:04

Filing Documents

From the Filing

OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2024 Commission File Number: 001-33869 STAR BULK CARRIERS CORP. (Translation of registrant's name into English) Star Bulk Carriers Corp. c/o Star Bulk Management Inc. 40 Agiou Konstantinou Street, 15124 Maroussi, Athens, Greece (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F INFORMATION CONTAINED IN THIS FORM 6-K REPORT Attached as Exhibit 99.1 to this Form 6-K is a Management's Discussion and Analysis of Financial Condition and Results of Operations and the unaudited interim condensed consolidated financial Attached as Exhibit 99.2 to this Form 6-K is a copy of the Company's press release (the "Press Release") announcing its unaudited financial and operating results for the Company's three months ended March 31, 2024, which was issued on May 22, 2024. The information contained in Exhibit 99.1 of this Form 6-K is hereby incorporated by reference into the registrant's Registration Statements on Form F-3 (File Nos. 333-264226, 333-232765, 333-234125 and 333-252808) and Registration Statement on Form S-8 (File No. 333-176922), in each case to the extent not superseded by information subsequently filed or furnished (to the extent we expressly state that we incorporate such furnished information by reference) by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, in each case as amended. CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING INFORMATION This Form 6-K, and the documents to which the Company refers in this Form 6-K, as well as information included in oral statements or other written statements made or to be made by the Company, contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Exchange Act, with respect to our financial condition, results of operations and business and our expectations or beliefs concerning future events. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "projects," "likely," "will," "would," "could" and similar expressions or phrases may identify forward-looking statements. All forward-looking statements involve risks and uncertainties. The occurrence of the events described, and the achievement of the expected results, depend on many events, some or all of which are not predictable or within our control. Actual results may differ materially from expected results. In addition, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include: the possibility that costs or difficulties related to the integration of the Company's and Eagle's (as defined below) operations will be greater than expected; the possibility that the expected synergies and value creation from the Eagle Merger (as defined below) will not be realized, or will not be realized within the expected time period; general dry bulk shipping market conditions, including fluctuations in charter rates and vessel values; the strength of world economies; the stability of Europe and the Euro; fluctuations in currencies, interest rates and foreign exchange rates; business disruptions due to natural and other disasters or otherwise, such as the impact of any new outbreaks or new variants of coronavirus ("COVID-19") that may emerge; the length and severity of epidemics and pandemics and their impact on the demand for seaborne transportation in the dry bulk sector; changes in supply and demand in the dry bulk shipping industry, including the market for our vessels and the number of new buildings under construction; the potential for technological innovation in the sector in which we operate and any corresponding reduction in the value of our vessels or the charter income derived therefrom; changes in our expenses, including bunker prices, dry docking, crewing and insurance costs; changes in governmental rules and regulations or actions taken by regulatory authorities; potential liability from pending or future litigation and potential costs due to environmental damage and vessel collisions; the impact of increasing scrutiny and changing expectations from investors, lenders, charterers and other market participants with respect to our Environmental, Social and Governance ("ESG") practices; our ability to carry out our ESG initiatives and thereby meet our ESG goals and targets new environmental regulations and restrictions, whether at a global level stipulated by the International Maritime Organization, and/or regional/national imposed by regional

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