Set forth below is summary information for Star Bulk's fleet
|Vessel Name||Type||DWT||Built||Employment (1)||Charterer|
|Star Aurora||Capesize||171,199||2000||TC until Aug-'14||Major Mining Company|
|Star Big||Capesize||168,404||1996||TC until Nov-'15||Major Mining Company|
|Star Borealis||Capesize||179,678||2011||TC until Feb-'14||Major Trading Company|
|Star Mega||Capesize||170,631||1994||TC until Aug-'14||Major Mining Company|
|Star Polaris||Capesize||179,600||2011||TC until Jan-'14||Louis Dreyfus|
|Star Sirius||Post-Panamax||98,681||2011||TC until Jun-‘16|
|Star Vega||Post-Panamax||98,681||2011||TC until Aug-‘16|
|Star Challenger||Ultramax||61,462||2012||Short-term Charter|
|Star Fighter||Ultramax||61,455||2013||Short-term Charter|
|Star Cosmo||Supramax||52,247||2005||Short-term Charter|
|Star Delta||Supramax||52,434||2000||Short-term Charter|
|Star Epsilon||Supramax||52,402||2001||Short-term Charter|
|Star Gamma||Supramax||53,098||2002||TC until Jun-'14||Cargill|
|Star Kappa||Supramax||52,055||2001||Short-term Charter|
|Star Omicron||Supramax||53,489||2005||Short-term Charter|
|Star Theta||Supramax||52,425||2003||Short-term Charter|
|Star Zeta||Supramax||52,994||2003||Short-term Charter|
(1) Time charters (TC) of 1 year duration or longer, normally allow ± 1.5 months' window for redelivery at charterers' option. Charterers have the option to adjust the charter duration by the number of off-hire days during the charter period. Dates represent the earliest date of redelivery of the vessel to Star Bulk.
|Vessel Name||Type||DWT||Expected Delivery Date|
|Hull 1372||Newcastlemax||208,000||November 2015|
|Hull 1342||Newcastlemax||208,000||January 2016|
|Hull 1371||Newcastlemax||208,000||February 2016|
|Hull 198||Newcastlemax||209,000||March 2016|
|Hull 1343||Newcastlemax||208,000||April 2016|
|Hull 1338||Capesize||180,000||October 2015|
|Hull 1339||Capesize||180,000||January 2016|
|Hull 5040||Ultramax||60,000||June 2015|
|Hull 5043||Ultramax||60,000||September 2015|
|Hull 196||Ultramax||61,000||October 2015|
|Hull 197||Ultramax||61,000||November 2015|
(*) On July 5, 2013, we signed two contracts with Shanghai Waigaoqiao Shipbuilding Co. Ltd. (SWS) shipyard to build two 180,000 dwt eco-type, fuel efficient Capesize dry bulk vessels.
On September 23, 2013, we entered into agreements with SWS for the construction of two 208,000 dwt Newcastlemax dry bulk vessels each with fuel efficient specifications.
On September 27, 2013, we entered into agreements with Nantong COSCO KHI Ship Engineering Co. (NACKS), for the construction of two 61,000 dwt Ultramax dry bulk vessels and one 209,000 dwt Newcastlemax dry bulk vessel, each with fuel efficient specifications.
On October 22, 2013, we entered into agreements with a major Japanese yard for the construction of two 60,000 dwt eco-type, fuel efficient Ultramax dry bulk vessels.
On February 17, 2014, we entered as Charterers into a Bareboat Agreement ("BB Agreement") with CSSC (Hong Kong) Shipping Company Limited (CSSC), an affiliated of SWS, in which it was agreed to bareboat charter for a period o 10 years, two 208,000 dwt Newcastlemax eco-type fuel efficient dry bulk vessls under Hull No 1372 and 1371 (CSSC Vessels) to be built at SWS, with expected deliveries in November 2015 and February 2016 respectively. The BB agreement provides Star Bulk the option to purchase the CSSC vessels at any time against a predermined, amortizing balance payment, whilst it has a respecitve obligation at the end of the bareboat term.