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Nasdaq-listed Star Bulk Carriers is offloading one of its 23 supramaxes. The Athens-based dry bulk giant revealed in its quarterly earnings report it had agreed to sell the 15-year-old Bittern. The buyer and the price of the 57,800 dwt vessel, estimated by S&P sources at about $11.8m, have not been divulged. Eagle Bulk Shipping, officially part of Star Bulk since last April, received the vessel as a newbuild from Yangzhou Dayang Shipbuilding in October 2009. Once the ship changes hands during the second quarter, Petros Pappas-led Star Bulk will own 155 bulkers, including five kamsarmaxes under construction. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsGreece
Star Bulk ships out supramax
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