Petros Pappas-led Star Bulk Carriers, a major US-listed owner of dry bulkers,
Petros Pappas-led Star Bulk Carriers, a major US-listed owner of dry bulkers, has entered into a strategic partnership with Hermes World Maritime S.A, involving two 2026-built kamsarmax vessels.
Under the agreement, Hermes will acquire a 35% ownership interest in the 82,114-dwt Star Ellie and 82,155-dwt Star Bella vessels.
As reported, Nasdaq and Euronext Athens-listed Star Bulk will continue to perform the vessels’ commercial and technical management.
“The partnership reflects Star Bulk’s ongoing strategy to strengthen relationships with key industry partners,” reads the company’s statement.
Star Bulk, with executive offices in Athens, New York, Stamford and Singapore, owns a fleet of 138 vessels, with an aggregate capacity of 13.8 million dwt.
The company’s fleet portfolio consists of 17 newcastlemax, 15 capesize, 1 mini capesize, 7 post panamax, 43 kamsarmax, 1 panamax, 48 ultramax
