Bulk

Star Bulk Carriers sheds newbuildings in new fire sale

Equity group Oaktree Capital's major bulk venture, Greek Star Bulk, has divested another four Capesize newbuildings, informs the carrier in a notice to the stock exchange. 
BY OLE ANDERSEN

Greece's Star Bulk Carriers, which has equity fund Oaktree Capital as its primary stakeholder, is selling four Capesize newbuildings for a gross price of USD 148 million, informs the carrier in a statement to the New York Stock Exchange.

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