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Star Bulk Carriers CEO Discusses Q2 2011 Results - Earnings Call Transcript

Star Bulk Carriers Corporation ( SBLK)

Q2 2011 Earnings Conference Call

August 10, 2011 11:00 AM ET

Executives

Spyros Capralos - President and CEO

George Syllantavos - CFO

Analysts

James Woods - FBR & Co

Natasha Boyden - Cantor Fitzgerald

Michael Pak - Clarkson Capital Markets

Presentation

Operator

Thank you for standing by ladies and gentlemen and welcome to the Starbulk conference call on the second quarter 2011 financial results. We have with us Mr. Spyros Capralos, President and Chief Executive Officer and Mr. George Syllantavos, Chief Financial Officer of the company.

At this time, all participants are in a listen-only mode. There will be a presentation followed by a question and answer session. (Operator Instructions) This conference is being recorded today, Wednesday, August 10, 2011. We now pass the floor to one of your speakers today, Mr. Spyros Capralos, please go ahead sir.

Spyros Capralos

Thank you, operator and good afternoon or good morning ladies and gentlemen. I am Spyros Capralos, the President and Chief Executive Officer of Starbulk Carriers and I would like to welcome you to the Starbulk Carriers second quarter and first half 2011 financial results conference call. Along with me today, to discuss our financial results is our CFO, George Syllantavos.

Before we begin, I kindly ask you to take a moment to read the Safe Harbor statement on slide number two of our presentation. Since you are quick readers, let us now turn to slide number three of the presentation to first discuss our balance sheet, which we like to highlight, because we believe is one of the healthiest in the drybulk industry.

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