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Star Bulk in five-year deal with Australian mining company

Star Bulk Carriers has secured employment for three new Newcastlemax dry bulk vessels that will sail for an Australian mining company on a five-year contract.

Stock-listed Star Bulk Carriers has signed a five-year deal with a major Australian mining company. The partnership involves three new vessels, Newcastlemax, which will sail between Australia and China, says Star Bulk in a statement.

According to Star Bulk, the charter arrangement falls in line with the carrier's business strategy aimed at securing more direct and long-term partnerships with mining and energy companies.

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