Star Bulk Carriers (STU:4FAP) Average Age of Fleet in Years : 0.00 (As of . 20)

View and export this data going back to 2008. Start your Free Trial

What is Star Bulk Carriers Average Age of Fleet in Years?

Average Age of Fleet in Years indicates the average age of fleet of this coompany. Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life.

The historical rank and industry rank for Star Bulk Carriers's Average Age of Fleet in Years or its related term are showing as below:

STU:4FAP's Average Age of Fleet in Years is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Average Age of Fleet in Years only.

Star Bulk Carriers Average Age of Fleet in Years Historical Data

The historical data trend for Star Bulk Carriers's Average Age of Fleet in Years can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Star Bulk Carriers Average Age of Fleet in Years Chart

Star Bulk Carriers (STU:4FAP) Average Age of Fleet in Years Explanation

Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life. Companies with a lower average age of fleet may also have a higher depreciation.

According to the data from statista.com, as of 2020, the average age of all ships in the world merchant fleet was just over 20 years. General cargo ships were the oldest type of vessels with an average age of around 26 years; likewise, over 65 percent of the world's cargo ships were older than 14 years, in contrast with over 18 percent of bulk carriers.

Star Bulk Carriers Average Age of Fleet in Years Related Terms

Thank you for viewing the detailed overview of Star Bulk Carriers's Average Age of Fleet in Years provided by GuruFocus.com. Please click on the following links to see related term pages.

Star Bulk Carriers (STU:4FAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Star Bulk Carriers Corp (STU:4FAP) » Definitions » Average Age of Fleet in Years

Comparable Companies

Traded in Other Exchanges

SBLK:USA 4FAP:Germany

Address

C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124

Website

https://www.starbulk.com

Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.

Star Bulk Carriers (STU:4FAP) Headlines

No Headlines