Seward & Kissel advises Star Bulk on its acquisition of 15 Dry Bulk Vessels from Songa Bulk
July 18, 2018
Seward & Kissel represented Star Bulk Carriers Corp. (Nasdaq:SBLK) a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector, in connection with its acquisition of 15 dry bulk vessels from Songa Bulk ASA (Oslo Axess:SBULK). Contemporaneously with the closing of this acquisition, Star Bulk applied for a secondary listing of its common shares for trading on Oslo Børs, a regulated stock market operated by Oslo Børs ASA of Norway. After giving effect to this acquisition, Star Bulk Star Bulk will have a fleet of 108 vessels on a fully delivered basis, aggregate cargo‐carrying capacity of approximately 12.26 million deadweight tons and vessels with an average age of 7.1 years.