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Perspective
20 August 2014

Star Bulk acquires drybulk vessels in novel deal

Region:
Europe
Dominik Kloiber
Dominik Kloiber
Commercial Director at Exile Group
Athens-headquartered shipping company Star Bulk Carriers Corporation (Star Bulk) has signed definitive agreements with Excel Maritime Carriers (Excel) to acquire 34 operating vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash.

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