What spot and time charter rates did Star Bulk achieve in Q2 2025, and are there any forward charter contracts that could lock in future earnings?
Answer
The press release you quoted only tells us that Star Bulk Carriers Corp. (Nasdaq: SBLK) has released its unaudited Q2 2025 financial and operating results and that a quarterly dividend of $0.05 per share will be paid.
The excerpt you provided does not include any of the following details that are often part of a shipping‑company earnings release:
Item | Information in the excerpt |
---|---|
Spot charter rates achieved in Q2 2025 | Not disclosed |
Time‑charter (average) rates achieved in Q2 2025 | Not disclosed |
Forward‑charter contracts (e.g., forward freight agreements, forward time‑charter contracts) that could lock in future earnings | Not disclosed |
What this means for your question
Spot and time‑charter rates: The specific dollar‑per‑day (or per‑ton) rates that Star Bulk earned on its vessels during the second quarter are not mentioned in the text you supplied. Without the full press release or an additional source, we cannot provide those figures.
Forward charter contracts: Likewise, the release does not state whether the company has any forward‑charter agreements (e.g., forward freight agreements, forward time‑charter contracts, or other hedging instruments) that would secure future freight revenue. Therefore, based on the provided information, we have no evidence of such contracts.
How to obtain the missing data
Read the complete Q2 2025 earnings press release – The full document (usually posted on Star Bulk’s investor‑relations website or on the GlobeNewswire archive) typically contains a “Operating Highlights” or “Charter Activity” section that lists:
- Average spot charter rates (e.g., $X,XXX per day)
- Average time‑charter rates (e.g., $X,XXX per day)
- Details of any forward‑charter contracts signed during the quarter.
Check the SEC filing (Form 10‑Q or Form 8‑K) – If the company filed a quarterly report with the SEC, the charter rate tables and forward‑contract disclosures are required there.
Contact Investor Relations – An e‑mail to [email protected] (or the contact listed on the IR page) can request the specific charter‑rate data and any forward‑charter positions.
Bottom line
Based solely on the excerpt you provided:
- Spot and time‑charter rates for Q2 2025 are not reported.
- No forward‑charter contracts are mentioned.
To answer the question definitively, you’ll need to locate the full earnings release or the accompanying SEC filing where Star Bulk typically discloses those operational metrics. If you can share that additional material, I can extract the exact figures for you.