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Focus on logistics newsletter-The world's largest international dry bulk carrier owner was born

The world's largest international shipping dry bulk carrier owner was born



Star Bulk has completed its merger with Eagle Bulk to become one of the world's largest dry bulk shipowners.


On April 5, Nasdaq-listed Star Bulk completed an all-share merger with NYSE-listed Eagle Bulk. Under the transaction, Eagle Bulk shareholders exchanged 2.6211 shares of Star Bulk common stock for each Eagle Bulk common stock.


Petros Pappas, CEO of Star Bulk, said:"We are moving forward with greater scale, stronger financial position, unique technology and commercial capabilities to grow our business, better serve customers, and serve shareholders. Provide sustainable value."


After the merger, Gary Weston joined Star Bulk's board of directors, Bo Westergaard joined Star Bulk's new leadership team, and Costa Tsoutsoplides will serve as an interim senior advisor to assist with business integration.


Together with Eagle Bulk's ships, Star Bulk has 163 self-owned vessels with a total deadweight tonnage of 15.6, ranging from Super to Newcastle. 





全球最大国际海运干散货船东诞生


       Star Bulk已完成与Eagle Bulk的合并,成为全球最大的干散货船东之一。


       4月5日,在纳斯达克上市的Star Bulk完成了与纽交所上市的Eagle Bulk的全股票合并。根据该交易,Eagle Bulk股东以每股Eagle Bulk普通股换取2.6211股Star Bulk普通股。


       Star Bulk首席执行官Petros Pappas称:“我们正在以更大的规模、更强大的财务状况、独特的技术和商业能力向前迈进,以发展我们的业务,更好地为客户服务,并为股东提供可持续的价值。”


       Eagle Bulk的股票已经停止交易。合并后,Gary Weston加入了Star Bulk董事会,Bo Westergaard加入了Star Bulk的新领导团队,Costa Tsoutsoplides将担任临时高级顾问,协助业务整合。


       加上Eagle Bulk的船舶,Star Bulk拥有163艘自有船舶,总载重吨为15.6载重吨,从超级型到纽卡斯特型不等。