Star Bulk Takes Delivery of Secondhand Capesize Vessel “Star Big”
News Release
Star Bulk Carriers Corp.
July 29, 2011
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<DIV><FONT face=Arial><FONT size=2><FONT color=#2b2b2b><STRONG>ATHENS, GREECE,
July 27 2011</STRONG> - Star Bulk Carriers Corp. (the "Company" or "Star Bulk")
(NASDAQ: SBLK), today announced that it has taken delivery of the Star Big
(formerly Big Fish), a 1996-built, 168,404 dwt Capesize vessel. Following the
completion of its regularly scheduled drydock, the vessel is expected to be
redelivered to its charterer, a multinational mining company, for the remaining
period of 4.3 years under the vessel's time-charter employment at a gross daily
rate of $25,000. </FONT><BR clear=all></FONT></FONT></DIV></BODY></HTML>
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<DIV><FONT face=Arial><FONT size=2><FONT color=#2b2b2b><STRONG>ATHENS, GREECE,
July 27 2011</STRONG> - Star Bulk Carriers Corp. (the "Company" or "Star Bulk")
(NASDAQ: SBLK), today announced that it has taken delivery of the Star Big
(formerly Big Fish), a 1996-built, 168,404 dwt Capesize vessel. Following the
completion of its regularly scheduled drydock, the vessel is expected to be
redelivered to its charterer, a multinational mining company, for the remaining
period of 4.3 years under the vessel's time-charter employment at a gross daily
rate of $25,000. </FONT><BR clear=all></FONT></FONT></DIV></BODY></HTML>