5 Best Marine Shipping Stocks to Buy Right Now

4. Star Bulk Carriers Corp. (NASDAQ:SBLK)

Star Bulk Carriers Corp. (NASDAQ:SBLK) is one of the best marine shipping stocks to buy right now. On February 25, Chief Executive Officer Petros Pappas reiterated that Star Bulk Carriers Corp. (NASDAQ:SBLK) continues to execute on a balanced capital allocation strategy combining dividends and opportunistic share buybacks.

The remarks come on the heels of solid fourth-quarter and full-year results. Net income in the quarter increased to $65.2 million, or $0.57 a share, compared to $42.4 million, or $0.36 a share, in Q4 of 2024. Voyage revenues in the quarter decreased to $300.6 million from $308.9 million in the same period last year. The decline was due to a decrease in the fleet to 137.5 million from 153.1 million.

Full-year voyage revenue was also down to $1.04 billion compared to $1.265 billion delivered in 2024. Full-year net income also shrank to $84.17 million compared to $304 million delivered in 2024. The company’s board has also approved a quarterly dividend of $0.37 payable on March 19, 2026. The board is to distribute 100% of the cash flow from operations after debt service.

“Looking ahead, the dry bulk market has started 2026 with counter seasonal strength across all vessel segments, a constructive signal for the period ahead. Despite a growing order book, the aging fleet and ongoing renewal requirements, combined with structural demand supported by global infrastructure needs, underpin our optimism for the dry bulk market over the next couple of years. Star Bulk, with its scale, diverse and efficient fleet, and strong financial position, remains well placed to capitalize on this favorable backdrop and continue creating value for its shareholders,” Pappas said.

Star Bulk Carriers Corp. (NASDAQ:SBLK) is a global shipping company based in Greece that owns and operates a large, diverse fleet of dry bulk carrier vessels. They specialize in the worldwide seaborne transportation of dry bulk commodities, including iron ore, coal, grain, bauxite, fertilizers, and steel products.