DSX Lover

Star Bulk Carriers: Cruising Ahead on a Comparative Advantage

Any idea of how much SBLK paid for the latest ships? The Panamax just received is chartered at only $18K per day when the BDI index is $69K per day. Would really like the see current financials to see the effect of debt on the newly purchased ships. So Far DSX is safer in the sector with Newships, lowest debt/assets among all companies in the sector, stable long-term charter rates and 8.5% dividend. For a play in the spot BDI index DRYSHIPS is the best play despite, questionale actions by Mr. Economou, of bleeding the company with other investments, and overcharging for services on ships performed by other companies owned by him but not consolidated in Dryships.