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Star Bulk reports profitable 2018 – but vessel sale had negative impact

A deficit was turned into a profit in 2018 for dry bulk carrier Star Bulk. However, an impairment in connection with a ship sale dragged down the New York-listed carrier in the fourth quarter.

Photo: Star Bulk Carriers

Dry bulk carrier Star Bulk managed a profit on the bottom line in 2018, even though a loss-making ship sale dragged down the company in the fourth quarter.

Monday afternoon, the New York-listed company under Greek management published its 2018 full-year and fourth quarter report.

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