Skip to main content

Star Bulk and E.R. Capital Holding mutually waive exercise of vessel options

Published by , Assistant Editor
Dry Bulk,

Star Bulk Carriers Corp. (Star Bulk), a global shipping company focusing on the transportation of dry bulk cargoes announced yesterday that the company and entities affiliated with E.R. Capital Holding GmbH & Cie. KG (E.R.  or Sellers), mutually waived their respective Call and Put Options relating to the four optional operating dry bulk vessels (the Step 2 Vessels) (the Step 2 Acquisition), as previously disclosed in the press release issued on 29 August 2018.

Pursuant to the above developments, the company has zero remaining equity capital expenditure due either for vessel acquisitions or for the company’s scrubber programme.

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Embed article link: (copy the HTML code below):