Star Bulk Carriers: Update On Dry Bulk Markets (Podcast Transcript)

Summary

  • Value Investor's Edge Live returns with an exclusive interview focused on the dry bulk segment of the shipping industry.
  • Hamish Norton, President of Star Bulk Carriers, joined us along with co-CFOs, Christos Begleris and Simos Spyrou, and Head of Research Constantinos Simantiras.
  • Capesize markets have been volatile, but China appears to be on the upswing. Midsize rates are likely to remain strong in the wake of disruptions caused by the Ukraine invasion.
  • SBLK is benefitting from enormous scrubber spreads, their top priority will be maintaining strong dividend levels.
  • A full transcript is also attached. Stay tuned for more in this latest series of shipping market updates over the coming weeks.
  • This idea was discussed in more depth with members of my private investing community, Value Investor's Edge. Learn More »
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Hamish Norton, President of Star Bulk Carriers (NASDAQ:SBLK), Co-CFOs Christos Begleris and Simos Spyrou, and Head of Research Constantinos Simantiras joined J

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This article was written by

20.92K Followers

J Mintzmyer specializes in deep value stocks and macro analysis in the maritime shipping and energy sectors. He has earned a PhD from the Harvard Kennedy School, where he researched sanctions and trade flows. Previously, J earned an MPP from the University of Maryland, worked as a research intern with the White House Council of Economic Advisors, and earned a Bachelors in Economics from the U.S. Air Force Academy.

J is the Founder and Head of Research of the investing group Value Investor's Edge, a deep value research community focused on maritime shipping, offshore energy, and energy infrastructure. He leads a team of 11 analysts and data experts who focus exclusively on maritime shipping and related energy infrastructure. The team has delivered consistent outperformance since launch in 2015 and the long-only model portfolios have produced an average annualized return of 43% over the past 8 years. VIE offers exclusive analytics, research reports, earnings coverage, and a live chat with an engaged community of more than 750 members. Learn more here.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GNK, SB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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