Star Bulk Carriers (SBLK) Announces 1-Year Time Charter Agreement for the Star Kappa
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Price: $30.81 -0.19%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
EPS Growth %: +360.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
EPS Growth %: +360.7%
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Star Bulk Carriers Corp. (NASDAQ: SBLK) today announced that it has entered into a time charter contract with Pacific Basin Chartering Limited BVI for the Star Kappa for approximately one year, at a gross daily rate of $12,500.
The Star Kappa is a Supramax vessel of 52,055 dwt built in 2001. The new contract is expected to contribute a minimum of $4.2 million to a maximum of $5.1 million in gross revenue. The vessel is expected to be delivered to Pacific Basin once it finishes its scheduled drydock.
The Star Kappa is a Supramax vessel of 52,055 dwt built in 2001. The new contract is expected to contribute a minimum of $4.2 million to a maximum of $5.1 million in gross revenue. The vessel is expected to be delivered to Pacific Basin once it finishes its scheduled drydock.
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