Competitive Strengths

Extensive Industry Visibility

Star Bulk's non-executive Chairman, Mr. Petros Pappas, has extensive experience and relationships in the shipping industry particularly with charterers and industrial players, with emphasis in the Far East. Star Bulk intends to capitalize on these relationships and contacts for both market intelligence and for identifying chartering opportunities with leading industry players.

Established Customer Relationships

Star Bulk’s Chairman, directors and management team have established relationships with leading charterers as well as chartering, sales and purchase brokerage houses around the world. The Chairman, directors and management team have maintained relationships with, and have achieved acceptance by, major governmental and private industrial users, commodity producers and traders.

Experienced, Dedicated Management and BOD Team

Star Bulk's Management and Board of Directors collectively have more than 150 years shipping experience during which they have developed strong industry relationships with leading charterers, financial institutions, shipyards, insurance underwriters, protection and indemnity associations.

Efficient, transparent ship management

Star Bulk's wholly owned subsidiary, Star Bulk Management Inc. performs the commercial management of all of the Company's vessels. Star Bulk's wholly owned subsidiary, Starbulk SA performs the Technical management of all of the Company's vessels. Star Bulk believes that its in-house technical management reduces operating expenses, eliminates vessel management fees while maintaining the high quality of its fleet.

Modern Quality Fleet

Star Bulk’s modern, high quality fleet reduces operating costs, caters to safety and provides it with a competitive advantage in obtaining employment for its vessels. Star Bulk takes a pro-active approach to safety and environmental protection and implements comprehensive planned maintenance systems, preventive maintenance programs and by retaining and training qualified crews.

Low Indebtedness Level

Star Bulk's relatively low level of indebtedness provides the Company with a strong balance sheet and allows the implementation of its growth plan.