First Vessel from E.R. Capital Holding Joins Star Bulk

Star Bulk vesselImage Courtesy: Star Bulk

Greece-based shipping firm Star Bulk Carriers has expanded its fleet with a secondhand dry bulk vessel, the ER Brighton.

Renamed to STAR BRIGHT, the unit is the first of three firm bulkers purchased from Germany’s Erck Rickmers (E.R.) Capital Holding.

It was acquired for a combination of cash and shares. Following this delivery, the company has 92,355,927 common shares issued and outstanding.

Under the deal signed with E.R. Capital Holdings in late August, Star Bulk agreed to acquire up to seven dry bulk carriers from the German owner. The three firm operating dry bulk vessels would join their new owner within 2018, while four optional operating dry bulk vessels would be added in 2019.

Star Bulk earlier informed that the vessels in question are ER Bourgogne, ER Brandenburg, ER Brighton, ER America, ER Bayonne, ER Borneo and ER Buenos Aires, all of them constructed in 2010.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >