High demand sends earnings soaring at Star Bulk
Star Bulk improved its operating result nearly 50 percent in the first quarter. Economies reopening on the heels of the coronavirus pandemic have led demand in the dry bulk market to skyrocket, says the Greek carrier's CEO.
by DAG HOLMSTAD
Greek dry bulk carrier Star Bulk looks set to hit the bull's eye on the current upturn in the dry bulk market, booking double-digit growth rates for both revenue and operating income for the first three months of the year.
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