Star Bulk Takes Delivery of Capesize Vessel and Expands Its Operational Fleet to Eight Vessels

Star Bulk Carriers Corp. announced today that it has taken delivery of the ‘Star Alpha’ (ex A Duckling), a Capesize vessel of 175,075 dwt built in 1992. Star Alpha is currently under a pre-existing time charter employment contract at a gross daily rate of USD 47,500 which continues until October 2009.