Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, coal and grain and minor bulks which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK". On a fully delivered basis, Star Bulk will have a fleet of 88 vessels, with an aggregate capacity of 10.2 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, Supramax and Handymax vessels with carrying capacities between 45,588 dwt and 209,537 dwt. Our fleet currently includes 70 operating vessels and 19 newbuilding vessels under construction at shipyards in Japan and China. All of the newbuilding vessels are expected to be delivered through 2016. Additionally, the Company has one chartered-in Supramax vessel, under a time charter expiring in September 2017.----Star Bulk aims to be a consolidator in the dry bulk industry by expanding its fleet through acquisitions that are accretive for its shareholders. Star Bulk has 70 vessels on the water and a fully funded newbuilding program of 21 dry bulk vessels, all with fuel efficient specifications, ordered at top quality yards in Japan and China, with deliveries mostly in 2016. Upon completion of its newbuilding program, Star Bulk will own 90 vessels with a total cargo carrying capacity of 10.5 million dwt.----Commercially, Star Bulk's diverse fleet profile enables it to serve its customers worldwide in multiple trade routes, carrying a wide range of cargoes. Star Bulk seeks to charter its vessels in an active and sophisticated manner, taking advantage of the fuel efficiency of our fleet, and particularly our eco newbuilding vessels. Star Bulk uses a moderate, adaptive and flexible strategy of employing a portion of the fleet on longer period charters and the rest of the fleet at spot employments or short period time charters.----Star Bulk aims is and intends to continue to be one of the most efficient and low cost vessel operators. Star Bulks in-house technical and commercial management allows it to take advantage of synergies and economies of scale from managing a large fleet of vessels, thereby containing operating costs and corporate overhead. At the same time the extensive experience of management team ensures quality of operations and continuous compliance with all environmental regulations and maritime safety standards.----Star Bulk focuses on maintaining a healthy balance sheet throughout the shipping cycles. Star Bulk enjoys the strong support of 15 international banks and 2 prominent leasing companies..
