EGLE - Earnings announcements

NEWPORT, R.I., Sept. 23, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, and M.T. Maritime Management (USA) LLC ("MTM"), managers of a diversified fleet of tankers and dry bulk vessels, today announced a definitive agreement to merge fifteen handy-size dry bulk vessels into Pangaea's 26 vessel supramax, ultramax, panamax and post-panamax fleet.  The handy vessels are currently owned by Strategic Shipping Inc. ("SSI"), a privately held company managed by MTM located in Southport, Connecticut. The fifteen handy-size vessels are valued at approximately $295 million, inclusive of ve

ATHENS, Greece, May 22, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ:SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2024. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights   (Expressed in thousands of U.S. dollars, except for daily rates and per share data)  First quarter 2024First quarter 2023Voyage Revenues$259,390$22

STAMFORD, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter and year ended December 31, 2023. Quarter Highlights: Generated Revenues, net of $104.6 million Achieved TCE(1) of $16,169 / day based on TCE Revenues(1) of $74.8 million Realized net income of $6.7 million, or $0.71 per basic share Adjusted net income(1) of $13.0 million, or $1.39 per basic share(1) Generated EBITDA(1) of $28.2 million Adjusted EBITDA(1) of $36.3 million Declared a quarterly dividend of $0.60 per share for the fourth

ATHENS, Greece, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ:SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter of 2023. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights (Expressed in thousands of U.S. dollars, except for daily rates and per share data)     Fourth quarter 2023Fourth quarter 2022Twelve months ended De

Leading, Diversified and Scrubber-Fitted Fleet of 169 Owned Vessels Best-in-Class Commercial and Technical Operations and Expanded Global Presence Spanning Europe, Asia and North America Expect to Realize Meaningful Financial Benefits from Significant Cost and Revenue Synergies Companies to Host Conference Call Today at 5:30 p.m. ET ATHENS, Greece and STAMFORD, Conn., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. ("Star Bulk") (NASDAQ:SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, and Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle"), one of the world's largest owner-operators within the midsize dry bulk vessel segment, today announced th

STAMFORD, Conn., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter ended September 30, 2023. Quarter Highlights: Generated Revenues, net of $82.6 million Achieved TCE(1) of $11,482 based on TCE Revenue(1) of $54.1 million Incurred a net loss of $5.2 million, or $0.55 per basic share Adjusted net loss(1) of $2.9 million, or $0.31 per basic share(1) Generated Adjusted EBITDA(1) of $15.6 millionCompleted the sale of the Sankaty Eagle, a non-core, non-scrubber-fitted Supramax bulkcarrierDeclared a quarterly

STAMFORD, Conn., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle Bulk", "Eagle", or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, announced today that it will report its financial results for the third quarter ending September 30, 2023, after the close of stock market trading on November 2, 2023. Members of Eagle's senior management team will host a call at 8:00 a.m. ET on Friday, November 3, 2023 in order to discuss company results and provide an update on market fundamentals. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.eagleships.com. To

STAMFORD, Conn., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter ended June 30, 2023. Quarter Highlights: Generated Revenues, net of $101.4 million Achieved TCE(1) of $14,434/day based on TCE Revenue(1) of $65.0 million Realized net income of $18.0 million, or $1.42 per basic share Adjusted net income(1) of $16.7 million, or $1.31 per basic share(1) Generated Adjusted EBITDA(1) of $24.8 millionClosed on the purchase and took delivery of two high-specification 2020-built scrubber-fitted Ultramax bulkca

STAMFORD, Conn., June 30, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle Bulk", "Eagle", or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, announced today that it will report its financial results for the second quarter ending June 30, 2023, after the close of stock market trading on August 3, 2023. Members of Eagle's senior management team will host a call at 8:00 a.m. ET on Friday, August 4, 2023 in order to discuss company results and provide an update on market fundamentals. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.eagleships.com. To access th

STAMFORD, Conn., May 04, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter ended March 31, 2023. Quarter Highlights: Generated Revenues, net of $105.2 million Achieved TCE(1) of $12,917/day based on TCE Revenue(1) of $59.2 million Realized net income of $3.2 million, or $0.25 per basic share Adjusted net income(1) of $3.4 million, or $0.26 per basic share(1) Generated Adjusted EBITDA(1) of $18.7 millionExecuted agreements to acquire two high-specification 2020-built scrubber-fitted Ultramax bulkcarriers for $60.2 mi

STAMFORD, Conn., April 04, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle Bulk", "Eagle", or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, announced today that it will report its financial results for the first quarter ending March 31, 2023, after the close of stock market trading on May 4, 2023. Members of Eagle's senior management team will host a call at 8:00 a.m. ET on Friday, May 5, 2023 in order to discuss company results and provide an update on market fundamentals. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.eagleships.com. To access the cal

STAMFORD, Conn., March 02, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the three months and year ended December 31, 2022. Quarter Highlights: Generated Revenues, net of $151.4 million Achieved TCE(1) of $22,062/day based on TCE Revenues(1) of $102.5 million Realized net income of $23.3 million, or $1.79 per basic share Adjusted net income(1) of $35.9 million, or $2.76 per basic share(1) Generated EBITDA(1) of $41.3 million Adjusted EBITDA(1) of $55.6 million Executed an agreement to purchase a 2015-built, high speci

STAMFORD, Conn., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE:EGLE) ("Eagle Bulk", "Eagle", or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, announced today that it will report its financial results for the fourth quarter ending December 31, 2022, after the close of stock market trading on March 2, 2023. Members of Eagle's senior management team will host a call at 8:00 a.m. ET on Friday, March 3, 2023 in order to discuss company results and provide an update on market fundamentals. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.eagleships.com. To access

STAMFORD, Conn., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) ("Eagle Bulk," "Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter ended September 30, 2022. Quarter highlights: Generated Revenues, net of $185.3 million Achieved TCE(1) of $28,099/day basis and TCE Revenue(1) of $128.9 million Realized net income of $77.2 million, or $5.94 per basic share Adjusted net income(1) of $74.3 million, or $5.72 per adjusted basic share(1) Generated EBITDA(1) of $96.0 million Adjusted EBITDA(1) of $85.1 million Repurchased $10.0 million in aggregate principal amou

STAMFORD, Conn., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE), one of the world's largest owner-operators within the midsize drybulk segment, announced today that it will report its financial results for the third quarter ending September 30, 2022, after the close of stock market trading on November 3, 2022. Members of Eagle Bulk's senior management team will host a call at 8:00 a.m. ET on Friday, November 4, 2022 in order to discuss company results and provide an update on market fundamentals. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.eagleships.com. To access the call by phone, please register a

STAMFORD, Conn., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) ("Eagle Bulk," "Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter ended June 30, 2022. Quarter highlights: Generated Revenues, net of $198.7 million Achieved TCE(1) of $30,207/day basis TCE Revenue(1) of $138.2 million Realized record net income of $94.5 million, or $7.27 per basic share Adjusted net income(1) of $81.6 million, or $6.28 per adjusted basic share(1)

MONACO, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended June 30, 2022. The Company also announced that on August 3, 2022 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three and six months ended June 30, 2022 include the impact of Seajacks International Limited's ("Seajacks") earnings, which was acquired on August 12, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as the Company completed its exit from the dry bulk sector of the shipping industry

STAMFORD, Conn., July 06, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE), one of the world's largest owner-operators within the midsize drybulk segment, announced today that it will report its financial results for the second quarter ending June 30, 2022, after the close of stock market trading on August 4, 2022. Members of Eagle Bulk's senior management team will host a call at 8:00 a.m. ET on Friday, August 5, 2022 in order to discuss company results and provide an update on market fundamentals. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.eagleships.com. To access the call by phone, please register at https:

MONACO, May 12, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended March 31, 2022. The Company also announced that on May 12, 2022 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three months ended March 31, 2022 include the impact of Seajacks International Limited's ("Seajacks") earnings, which was acquired on August 12, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as the Company completed its exit from the dry bulk sector of the shipping industry in July 2

STAMFORD, Conn., May 05, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) ("Eagle Bulk," "Eagle" or the "Company"), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter ended March 31, 2022. Quarter highlights: Generated Revenues, net of $184.4 million Achieved TCE(1) of $27,407/day basis TCE Revenue(1) of $121.6 million Realized net income of $53.1 million, or $4.09 per basic share Adjusted net income(1) of $64.5 million, or $4.97 per adjusted basic share(1) Generated EBITDA(1) of $72.1 million Adjusted EBITDA(1) of $85.0 million Declared a quarterly dividend of $2.00 per share for the

STAMFORD, Conn., April 07, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) , one of the world's largest owner-operators within the midsize drybulk segment, announced today that it will report its financial results for the first quarter ended March 31, 2022, after the close of stock market trading on May 5, 2022. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:00 a.m. ET on Friday, May 6, 2022 to discuss the results. To participate in the teleconference, investors and analysts are invited to call +1 844-282-4411 in the U.S., or +1 512-900-2336 outside of the U.S., and reference participant code 4384843. A simultaneous webcast of th

STAMFORD, Conn., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE), one of the world's largest owner-operators within the midsize drybulk segment, announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2021, after the close of stock market trading on March 3, 2022. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:00 a.m. ET on Friday, March 4, 2022 to discuss the results. To participate in the teleconference, investors and analysts are invited to call +1 844-282-4411 in the U.S., or +1 512-900-2336 outside of the U.S., and reference participant code 2175087. A simult

STAMFORD, Conn., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) will report its financial results for the third quarter ended September 30, 2021, after the close of stock market trading on Thursday, November 4, 2021. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:00 a.m. ET on Friday, November 5, 2021 to discuss the results. To participate in the teleconference, investors and analysts are invited to call +1 844-282-4411 in the U.S., or +1 512-900-2336 outside of the U.S., and reference participant code 7077196. A simultaneous webcast of the call, including a slide presentation for interested investors and others, may be

MONACO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended June 30, 2021. The Company also announced that on August 16, 2021 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three and Six Months Ended June 30, 2021 and 2020 For the second quarter of 2021, the Company's GAAP net income was $13.0 million, or $1.19 per diluted share, including: a gain on vessels sold of approximately $6.5 million, or $0.59 per diluted share, which is primarily the result of an increase in the fair value of common shares of Star Bulk Carriers Cor

STAMFORD, Conn., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) ("Eagle Bulk", "Eagle" or the "Company"), one of the world's largest owner-operators within the drybulk vessel segment, today reported financial results for the quarter ended June 30, 2021. Quarter highlights: Operated an average of 50 owned vessels for the quarter.Revenues, net of $129.9 million Generated TCE Revenue (1) of $93.4 millionAchieved TCE (1) of $21,580/day for the quarter Realized a net income of $9.2 million, or $0.76 and $0.74 per basic and diluted share, respectively Adjusted net income(1) of $40.3 million, or $3.31(1) and $2.63(1) per adjusted basic and diluted share, respectively

MONACO, May 18, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended March 31, 2021. The Company also announced that on May 14, 2021 its Board of Directors declared a quarterly cash dividend of $0.05 per share on the Company's common shares. Results for the Three Months Ended March 31, 2021 and 2020 For the first quarter of 2021, the Company's GAAP net income was $41.9 million, or $3.84 per diluted share, including: a gain subsequent to an increase in fair value less costs to sell of approximately $15.5 million, or $1.43 per diluted share, taken related to the Company's previously announced plan to exit