Search results for: Star Bulk

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  • 3 November 2017
    Business & Finance

    Greek dry bulk shipping firm Star Bulk Carriers Corp. has announced pricing of USD 50 million of senior unsecured notes due 2022. As informed, the notes will bear interest at a rate of 8.3% per year, payable quarterly in arrears on each February 15, May 15, August 15 and November 15, commencing on February 15, 2018. They […]

  • 1 March 2018
    Business & Finance

    Star Bulk Carriers has received two separate commitments from banks for refinancing of loan facilities.

  • 23 April 2018
    Business & Finance

    Star Bulk Carriers acquires 16 vessels from entities affiliated with Augustea Atlantica and York Capital Management.

  • 23 May 2019
    Business & Finance

    Star Bulk Carriers delivered a net loss in the first quarter on the back of higher costs and off-hire days.

  • 5 January 2016
    Business & Finance

    Dry bulk shipping company Star Bulk Carriers Corp. has entered into agreements to sell four newbuilding Capesize vessels under construction in China to unaffiliated third parties, for an aggregate gross price of USD 148 million. The vessels are expected to be delivered to the buyers during the first and second quarter of 2016. The company said it would use […]

  • 9 August 2017
    Business & Finance

    Greek dry bulk shipping firm Star Bulk has managed to reduce its loss for the second quarter of this year to USD 10.3 million from USD 32.9 million posted in the same quarter a year earlier. Net loss for the first half of this year stood at USD 26.2 million, against a net loss of […]

  • 13 May 2015
    Business & Finance

    A NASDAQ-listed dry bulk specialist Star Bulk Carriers plans to make a public offering of USD 150 million of its common shares to bankroll its newbuilding program and cover some of the operating expenses, the company said in a release. Star Bulk plans to use the cash to increase its working capital, cover capital expenditures, repay […]

  • 9 July 2018
    Business & Finance

    Star Bulk Carriers has closed the acquisition of 15 dry bulk vessels from Norwegian shipowner Songa Bulk.

  • 16 June 2014
    Business & Finance

    Star Bulk Carriers Corp. has inked today definitive agreements with Oaktree Capital Management, L.P. and Star Bulk’s Non‐Executive Chairman, Mr. Petros Pappas, pursuant to which Oceanbulk Shipping LLC and Oceanbulk Carriers LLC and entities controlled by the Pappas Investors are expected to become indirect wholly‐owned subsidiaries of Star Bulk. Through the transaction, Star Bulk is […]

  • 1 July 2015
    Business & Finance

    Dry bulk shipping company Star Bulk posted a net loss of USD 40.2 million in the first quarter of 2015 amid historically low rates in the dry bulk market, widening further the loss reported in the first quarter of 2014 which amounted to USD 0.9 million. Revenues in the first quarter reached USD 45.5m compared to USD 20.1m a […]

  • 6 August 2018
    Business & Finance

    Star Bulk closed purchase of 16 bulkers from Augustea Atlantica, York Capital Management entities.

  • 8 July 2016
    Business & Finance

    Athens-based dry bulk shipping company Star Bulk Carriers Corp. has regained compliance with the Nasdaq minimum bid price requirement of USD 1 per common share on the Nasdaq Global Select Market. Nasdaq Listing Qualifications Department confirmed this on July 6 in a letter addressed to Star Bulk. The Nasdaq Listing Rule 5450 says that a […]

  • 1 July 2015
    Business & Finance

    Dry bulk shipping company Star Bulk posted a net loss of USD 40.2 million in the first quarter of 2015 amid historically low rates in the dry bulk market, widening further the loss reported in the first quarter of 2014 which amounted to USD 0.9 million. Revenues in the first quarter reached USD 45.5m compared to USD 20.1m a […]

  • 13 June 2017
    Business & Finance

    Athens-based dry bulk shipping company Star Bulk Carriers has entered into a definitive agreement to acquire a Supramax dry bulk carrier from an unnamed party. The vessel has a carrying capacity of 56,582 dwt and was built at China’s Jiangsu Hantong Shipyard in 2011. Although Star Bulk did not disclose the name of the ship or […]

  • 28 May 2019
    Business & Finance

    Star Bulk Carriers signs deal to purchase eleven dry bulk vessels at a price of USD 139.5 million.

  • 24 October 2018
    Business & Finance

    Star Bulk cleared all debt from its 2016 finance restructuring, making way for vessel additions and dividend payments.

  • 12 June 2018
    Business & Finance

    Star Bulk Carriers returned to profit as its revenues jumped in the first quarter ended March 31, 2018.

  • 20 November 2017
    Business & Finance

    Greece-based dry bulk shipping firm Star Bulk Carriers managed to cut its net loss for the quarter ended September 30 to USD 7.4 million from a net loss of USD 39.4 million seen in the same period in 2016. The company informed that its total net voyage revenues for the quarter were up at USD 63 […]

  • 10 September 2018
    Business & Finance

    Star Bulk Carriers is to equip its entire fleet with scrubbers before the January 1, 2020 sulfur cap implementation date.

  • 11 June 2018
    Business & Finance

    Songa Bulk’s shareholders have approved the sale of fifteen vessels to dry bulk shipping firm Star Bulk Carriers.

  • 5 June 2020
    Equipment, Vessels

    Greece-based dry bulk shipping firm Star Bulk Carriers has shown immense trust in exhaust gas cleaning systems as a means of complying with the IMO 2020 regulation, having installed scrubbers on a total of 114 of its 116 ships. Despite certain delays in installation due to COVID-19 disruptions in the supply chain and yard closures in […]

  • 19 August 2014
    Business & Finance

    Star Bulk Carriers Corp. announced today that it has entered into definitive agreements with Excel Maritime Carriers Ltd.  to acquire 34 operating vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash. Through the vessel purchase transactions, Star Bulk expects to acquire 34 secondhand drybulk carriers, […]