New York-listed Star Bulk Carriers divests ships

Dry bulk giant Star Bulk divests four major dry bulk vessels as part of the carrier's attempt to improve its cash resources in the historically weak dry bulk market.

Photo: Star Bulk

Star Bulk Carriers, which is among the largest listed dry bulk players and has major investor US equity fund Oaktree Capital as a primary stakeholder, is now divesting vessels from its fleet in the extremely weak dry bulk sector.

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