Star Bulk Carriers has reported a surge in quarterly earnings as the New York-listed shipowner also disclosed a new deal to finance its orderbook.
The Petros Pappas-led company, the biggest dry bulk shipowner on public markets, notched net income of $81.3m during the latest reporting period, up from $43.7m in the third quarter of last year.
The Greek outfit’s adjusted net income, which excludes factors not tracked by analysts, took an even bigger leap, rising to $82.7m
