SBLK Q2 2022

Star Bulk Carriers (SBLK) reported their Q2 results a few weeks ago.

  • Rev of $417.3M
  • Adjusted Net Income of $200.1M
  • TCE (Time Charter Equivalent) of $30.4K daily
  • Declared dividend of $1.65/sh for Q2…

The item that stands out for me is the TCE, which is very good for a mixed sized fleet of 128 dry bulk vessels.