Star Bulk Partners with Hermes World Maritime on Two Kamsarmax Vessels

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Summary · why it matters

Star Bulk Carriers Corp. announced a strategic partnership with Hermes World Maritime S.A. covering two 2026 Kamsarmax vessels, the Star Ellie and the Star Bella. Under the agreement, Hermes will acquire a 35% ownership interest in the two vessels, while Star Bulk will continue to perform the vessels' commercial and technical management. The company said the partnership reflects its ongoing strategy to strengthen relationships with key industry partners. Star Bulk, which trades on the Nasdaq Global Select Market and Euronext Athens under the symbol SBLK, owns a fleet of 138 vessels with an aggregate capacity of 13.8 million dwt on a fully delivered basis, adjusted for three firm Kamsarmax vessels currently under construction.

Impact on assets 2

Industrials▲
Star Bulk Carriers Corp
SBLK
▲ PositiveCapitalrelevance

Star Bulk forms a strategic partnership selling 35% ownership in two Kamsarmax vessels to Hermes while retaining commercial and technical management.

Consumer Discretionary▲

Off-coverage companies 1

Hermes World Maritime S.A.i
Private▲ PositiveCapitalrelevance

Hermes World Maritime acquires a 35% ownership interest in the two Kamsarmax vessels Star Ellie and Star Bella.