Star Bulk Carriers to Present at the 8th Annual Capital Link Invest in
International Shipping Forum
ATHENS, GREECE -- (Marketwired) -- 03/10/14 -- Star Bulk Carriers
Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a global
shipping company focusing on the transportation of dry bulk cargoes,
today announced that senior management will be presenting at the 8th
Annual Capital Link Invest in International Shipping Forum in New
York City on Thursday, March 20, 2014.
A PDF version of the slide presentation used at the conference will
be available on the Company's website, www.starbulk.com the day
following the event.
About Star Bulk
Star Bulk is a global shipping company providing
worldwide seaborne transportation solutions in the dry bulk sector.
Star Bulk's vessels transport major bulks, which include iron ore,
coal and grain and minor bulks which include bauxite, fertilizers and
steel products. Star Bulk was incorporated in the Marshall Islands on
December 13, 2006 and maintains executive offices in Athens, Greece.
Its common stock trades on the Nasdaq Global Select Market under the
symbol "SBLK". Star Bulk owns a fleet of seventeen dry bulk carriers,
consisting of five Capesize, two Post Panamax, two Ultramax and eight
Supramax dry bulk vessels with a combined cargo carrying capacity of
1,610,935 deadweight tons and an average age of approximately 8.9
years. In addition, Star Bulk provides vessel management services to
fourteen third party dry bulk vessels, including five Capesize, two
Post Panamax, two Kamsarmax, two Panamax and three Supramax vessels
with a combined cargo carrying capacity of 1,569,255 deadweight tons.
The Company has also entered into agreements for the construction of
eleven fuel efficient dry bulk vessels, five Newcastlemax vessels,
two Capesize vessels and four Ultramax vessels, with a combined cargo
carrying capacity of 1,643,000 deadweight tons. All of the
newbuilding vessels are expected to be delivered during 2015 and
Matters discussed in this press release
may constitute forward-looking statements. The Private Securities
Litigation Reform Act of 1995 provides safe harbor protections for
forward-looking statements in order to encourage companies to provide
prospective information about th
eir business. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance, and underlying assumptions
and other statements, which are other than statements of historical
The Company desires to take advantage of the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995 and is
including this cautionary statement in connection with this safe
harbor legislation. The words "believe," "anticipate," "intends,"
"estimate," "forecast," "project," "plan," "potential," "may,"
"should," "expect," "pending" and similar expressions identify
The forward-looking statements in this press release are based upon
various assumptions, many of which are based, in turn, upon further
assumptions, including without limitation, examination by the
Company's management of historical operating trends, data contained
in its records and other data available from third parties. Although
the Company believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to
predict and are beyond the Company's control, the Company cannot
assure you that it will achieve or accomplish these expectations,
beliefs or projections.
In addition to these important factors, other important factors that,
in the Company's view, could cause actual results to differ
materially from those discussed in the forward-looking statements
include the strength of world economies and currencies, general
market conditions, including fluctuations in charter rates and vessel
values, changes in demand for dry bulk shipping capacity, changes in
the Company's operating expenses, including bunker prices, drydocking
and insurance costs, the market for the Company's vessels,
availability of financing and refinancing, changes in governmental
rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general
domestic and international political conditions, potential disruption
of shipping routes due to accidents or political events, vessels
breakdowns and instances of off-hires and other factors. Please see
our filings with the Securities and Exchange Commission for a more
complete discussion of these and other risks and uncertainties. The
information set forth herein speaks only as of the date hereof, and
the Company disclaims any intention or obligation to update any
forward-looking statements as a result of developments occurring
after the date of this communication.
Star Bulk Carriers Corp.
c/o Star Bulk Management Inc.
40 Ag. Konstantinou Av.
Investor Relations / Financial Media:
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, NY 10169
Tel. (212) 661-7566
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