Star Bulk ships out 17-year-old cape for $20m

Greek dry bulk giant Star Bulk Carriers has offloaded its 17-year-old capesize in what has been a very active S&P market for similar tonnage recently, with brokers reporting multiple deals concluding. The 2007 Shanghai Waigaoqiao Shipbuilding-built Big Bang, which Star Bulk bought in July 2013 for $28.2m, is going to Chinese buyers in a deal …

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