Advertisement

Green Marine

about 18 years ago

Star Bulk Acquires Capesize Vessel Star Ypsilon Expanding Its Fleet to Thirteen Vessels

ATHENS, GREECE–(MARKET WIRE)–Jun 3, 2008 — Star Bulk Carriers Corp. (NasdaqGM:SBLK – News), announced today that it has entered into a definitive agreement to acquire the Capesize bulk carrier Falcon Cape, of 150,940 dwt, built in Japan in 1991, for approximately $87.2 million. The acquisition will

1 minutes read

ATHENS, GREECE–(MARKET WIRE)–Jun 3, 2008 — Star Bulk Carriers Corp. (NasdaqGM:SBLK – News), announced today that it has entered into a definitive agreement to acquire the Capesize bulk carrier Falcon Cape, of 150,940 dwt, built in Japan in 1991, for approximately $87.2 million. The acquisition will be financed through a combination of company cash and bank debt. The vessel is to be renamed Star Ypsilon and is scheduled to be delivered to Star Bulk within August/September 2008.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.