In this episode of Capital Link’s Shipping Sector Webinar Series, we welcomed Mr. Aristides Pittas, Chairman & CEO at EuroDry Ltd. (NASDAQ: EDRY) and Euroseas Ltd. (NASDAQ: ESEA), Mr. Mads Petersen, COO of Pangaea Logistics Solutions Ltd. (NASDAQ: PANL), Mr. Hamish Norton, President at Star Bulk Carriers Corp. (NASDAQ: SBLK), and Mr. William Fairclough, Managing Director at Wah Kwong Maritime Services (UK) Company Limited.
The webinar moderated by Mr. Liam Burke, Managing Director at B. Riley Securities, explored current opportunities, market dynamics, and strategic considerations within the dry bulk shipping sector.
The roundtable discussion addressed the challenges and opportunities for industry consolidation, discussing market conditions, debt policies, and the sector's outlook for 2026. While acknowledging various ongoing uncertainties, including geopolitical developments and market volatility, the panelists expressed overall optimism in the dry bulk sector’s long-term fundamentals, underpinned by anticipated Chinese economic support and potential fleet renewal opportunities.
Importantly, the discussion highlighted how different operating and capital allocation strategies can lead to very different outcomes for investors—even within the same dry bulk market.
Star Bulk management reaffirmed its preference for remaining primarily spot-exposed, positioning the company as a way for investors to participate directly in dry bulk rate cycles, supported by a strong balance sheet.
Despite attractive borrowing terms, Star Bulk emphasized preserving debt capacity to act when vessel values become more attractive.
Looking ahead, panelists expect manageable fleet growth and supportive demand, with ton-miles—not just cargo volumes—playing an important role.
To watch the full discussion, please visit the following link:
https://www.youtube.com/watch?v=-3Vnui6TGyY
