Company & Earnings Overview
Star Bulk Carriers (SBLK) is a dry bulk pureplay; inclusive of their latest announced acquisition, SBLK's fleet has grown to 120 controlled vessels with 13.1M tons of combined cargo capacity. Their fleet has expanded considerably in the past year, with four total sets of acquisitions since early 2018, which now places SBLK as the largest publicly-traded dry bulk company.
Other companies in the sector will benefit as a result of this consolidation, especially firms with hefty exposure to the larger vessels sizes. These include Golden Ocean (GOGL),