Star Bulk Carriers Corp 2018 SR
The report highlights Star Bulk's sustainability performance for 2018, a milestone year featuring a 50% fleet increase and nearly doubled revenues. Key achievements include the strategic decision to retrofit the majority of the fleet with Exhaust Gas Cleaning Systems (scrubbers) ahead of IMO 2020 and securing a $70 million green loan. The company maintained high operational standards with a 99% fleet utilization rate and zero marine oil spills. Socially, it reported high employee retention rates and significant community contributions through initiatives like SYN-ENOSIS and the 'Adopt a Ship' program.
Company: Star Bulk Carriers Corp
Sector: Transport & logistics
Country: Greece
Year: 2018
Type: SR
Pages: 80
Star Bulk Carriers Corp
The report highlights Star Bulk's sustainability performance for 2018, a milestone year featuring a 50% fleet increase and nearly doubled revenues. Key achievements include the strategic decision to retrofit the majority of the fleet with Exhaust Gas Cleaning Systems (scrubbers) ahead of IMO 2020 and securing a $70 million green loan. The company maintained high operational standards with a 99% fleet utilization rate and zero marine oil spills. Socially, it reported high employee retention rates and significant community contributions through initiatives like SYN-ENOSIS and the 'Adopt a Ship' program.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees