Star Bulk acquires 15 dry bulkers
Star Bulk Carriers has closed the acquisition of 15 dry bulk vessels from Songa Bulk for an aggregate of 13.725 million common shares of Star Bulk and US$145 million in cash.
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.
Once the ships are delivered, Star Bulk will have a fleet of 108 vessels, with an aggregate capacity of 12.26 million DWT.
The fleet will consist of 17 Newcastlemax, 18 Capesize, 2 mini-Capesize, seven post-Panamax, 35 Kamsarmax, two Panamax, 16 ultramax and 11 Supramax vessels with carrying capacities between 52,055DWT and 209,537DWT.