Warm weather in New York brings flowers, and also, it would seem, offerings of shipping related equities. This week, we saw a “follow-on” offering from Star Bulk in the dry bulk sector, and news from Hafnia Tankers, in the product tanker space...
Highly acquisitive US-listed Star Bulk Carriers sank into the red in 2014 with $11.72m loss in 2014 and is selling older vessels and delaying deliveries.
Last week saw the announcement that General Maritime and the Norway-listed crude tanker entity within Navig8 would be joining forces in a stock for stock deal described variously as a “merger” or, more properly, as an “acquisition” with the...
Star Bulk Carriers' 1994-built 70,100 dwt panamax Star Julia has been sold for demolition.
Star Bulk Carriers has secured charters with an undisclosed listed mining company for three of its newcastlemax newbuildings.
Star Bulk Carriers is eyeing further acquisitions following its merger with Oceanbulk and buy out of Excel Maritime, and plans to sell some older vessels.