Represented Athens, Greece-based Star Bulk Carriers Corp. (NASDAQ:SBLK) in connection with its $653 million merger with Oceanbulk Shipping and Oceanbulk Carriers, creating the largest U.S. listed drybulk shipping company.

In July 2014, Athens, Greece-based Star Bulk Carriers Corp. (NASDAQ:SBLK) completed its merger with Oceanbulk Shipping and Oceanbulk Carriers, creating the largest U.S. listed drybulk shipping company. The merged company has a fully delivered fleet of 69 vessels approximating 8.7 million deadweight tons. Consideration for the transaction consisted of an aggregate of 54.104 million Star Bulk common stock (with a market value of approximately $653 million) issued to entities affiliated with private equity firm Oaktree Capital Management, L.P. and Mr. Petros Pappas and his family members. A Seward & Kissel team led by partners Jim Abbott, Robert Lustrin, Derick Betts and James Cofer, counsels Nick Katsanos and Michael O’Brien and associates Keith Billotti, Evan Preponis, Denise Mazzeo and Benay Josselson represented Star Bulk in connection with this transaction.