STAR BULK TAKES DELIVERY OF ITS FIRST CAPESIZE NEWBUILDING, STAR BOREALIS

By Matthew Kennedy
Benzinga Staff Writer
September 12, 2011 9:16 AM

Symbols: SBLK

Posted in: News, Events

Star Bulk Carriers Corp. (NASDAQ: SBLK), today announced that it has taken delivery of the Star Borealis, a 179,678 dwt Capesize newbuilding. The Star Borealis is the first of two vessels to be delivered to the Company from HHIC—Phil Inc., a subsidiary of Hanjin Heavy Industries and Construction Co. Ltd. The vessel was delivered to its charterer, STX Panocean, and commenced a 10-year time charter at a gross daily rate of $24,750.

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STAR BULK TAKES DELIVERY OF ITS FIRST CAPESIZE NEWBUILDING, STAR BOREALIS

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