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Star Bulk Carriers Corp. Reports Net Profit of $27.8 Million for the Fourth Quarter and $9.7 ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Star Bulk Carriers Corp. Reports Net Profit of $27.8 Million for the Fourth Quarter and $9.7 .
Star Bulk Carriers Corp.February 17, 2021 GMT
ATHENS, Greece, Feb. 17, 2021 (GLOBE NEWSWIRE) Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter and year ended December 31, 2020. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. ....

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Star Bulk Carriers Corp. Announces Delivery of Three Capesize Vessels | Hellenic Shipping News Worldwide

Star Bulk Carriers Corp. Announces Delivery of Three Capesize Vessels
Star Bulk Carriers Corp. a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has taken delivery of the three capesize vessels E.R. BAYONNE, E.R. BUENOS AIRES and E.R. BORNEO (the “Vessels”) from entities affiliated with E.R. Capital Holding GmbH & Cie. KG (“E.R.” or “Sellers”), pursuant to the transaction previously disclosed on December 17, 2020. The Cash Consideration of the transaction was financed through proceeds of a new five-year term loan from a leading European financial institution.
Following these deliveries, the Company has 99,239,716 common shares issued and outstanding. ....

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Star Bulk Agrees to Acquire Τhree Dry Bulk Vessels From E.R. Capital Holding | Hellenic Shipping News Worldwide

Star Bulk Agrees to Acquire Τhree Dry Bulk Vessels From E.R. Capital Holding
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into a definitive agreement with entities affiliated with E.R. Capital Holding GmbH & Cie. KG (“E.R.” or “Sellers” ) pursuant to which the Company will acquire three (3) cape size dry bulk vessels , namely E.R. BAYONNE, E.R. BUENOS AIRES and E.R. BORNEO (the “Vessels”).
The Vessels are retrofitted with exhaust gas cleaning systems (Scrubbers). Consideration for the acquisition is payable in the form of $39.0 million in cash (“Cash Consideration”) and 2,100,000 common shares of Star Bulk (“Share Consideration”). The transaction was negotiated by the Company on the basis of NAV. ....

South Korea , Star Bulk Carriers , Er Capital Holding Gmbh Cie , Star Bulk Carriers Corp , Bulk Carriers Corp , Holding Gmbh , Star Bulk , Cash Consideration , Name Type Yard Country Year Built , Capesize Hyundai Heavy , Aires Capesize Hyundai Heavy , தெற்கு கொரியா , நட்சத்திரம் மொத்தமாக கேரியர்கள் , எர் மூலதனம் வைத்திருத்தல் கஂப் ஸீ , நட்சத்திரம் மொத்தமாக கேரியர்கள் கார்ப் , மொத்தமாக கேரியர்கள் கார்ப் , வைத்திருத்தல் கஂப் , நட்சத்திரம் மொத்தமாக , பெயர் வகை முற்றத்தில் நாடு ஆண்டு கட்டப்பட்டது ,

Star Bulk Agrees to Acquire Τhree Dry Bulk Vessels From E.R. Capital Holding

540,000
The Vessels are expected to be delivered to the Company by early February 2021 and delivery remains subject to the execution of customary closing conditions.
About Star Bulk
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk s vessels transport major bulks, which include iron ore, coal and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Cyprus and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol SBLK . Star Bulk operates a fleet of 119 vessels, with an aggregate capacity of 13.4 million dwt, consisting of 17 Newcastlemax, 22 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 17 Ultramax and 17 Supramax vessels with carrying capacities between 52,425 dwt and 209,537 dwt. ....

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