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>

<< Oct 2019 >>
MTWTFSS
30 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 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >