Deutsche Bank analyst Amit Mehrotra believes bulker giant Star Bulk Carriers has enough liquidity to ride out current dire markets.
He said he does not see the need for dilutive equity financing and maintained a buy rating on the US-listed owner's shares.
DB has previously said the company has a balance sheet that prudently balances risk and reward, and a management team that "we view as good long-term stewards of capital within the confines of what they can control."