Star Bulk offloads four

Star Bulk offloads four

Nasdaq-listed Greek owner Star Bulk Carriers has announced that it has entered into agreements to sell two capesize and two kamsarmax vessels.

Star Bulk didn’t specify which of its vessels were sold referring to all four as modern, going against the company’s recent efforts to offload older vessels in the fleet.

The four vessels were sold to “unaffiliated third parties” at an aggregate gross price of $122m and are scheduled for delivery during the first quarter of 2016.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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