Star Bulk Announces Addition of New Member to Its Board of Directors

Core Points - Star Bulk Carriers Corp. appointed Mr. Mikkel Storm Weum as a Class B director on its Board of Directors [1] - The company focuses on the transportation of dry bulk cargoes, including major bulks like iron ore and minor bulks such as fertilizers [2] - Star Bulk operates a fleet of 142 vessels with a total capacity of 14.2 million deadweight tons (dwt) [2] Company Overview - Star Bulk Carriers Corp. is incorporated in the Marshall Islands and has executive offices in Athens, New York, Stamford, and Singapore [2] - The company's common stock trades on the Nasdaq Global Select Market under the symbol "SBLK" [2] - The fleet includes various types of vessels, such as 17 Newcastlemax, 15 Capesize, and 48 Ultramax, with carrying capacities ranging from 55,569 dwt to 209,537 dwt [2] Recent Developments - In November 2021, the company took delivery of the Capesize vessel Star Shibumi under a seven-year charter-in arrangement [3] - In 2024, the company took delivery of multiple vessels, including Star Voyager and Star Explorer, each also under a seven-year charter-in arrangement [3]