Photo: athree23 - Pixabay Nasdaq-listed Star Bulk Carriers Corp has penned a deal to acquire three capesize bulk carriers from E.R. Capital Holding for a consideration of $39m in cash and 2.1m common shares of Star Bulk. The three 180,000-dwt, 2010-Hyundai Heavy Industries built ships are the E.R. Bayonne, E.R. Buenos Aires, and E.R. Borneo. They are retrofitted with scrubbers. “The company is in advanced discussions with a leading financial institution to finance the cash consideration through proceeds of a five-year term loan,” Star Bulk stated. The capesizes are scheduled to be handed over to Star Bulk by early-February 2021.