1. Mikkel Storm Weum appointed as Class B director on SBLK's Board. 2. Weum is an Investment Director at Seatankers Management Norway. 3. Star Bulk owns a fleet of 142 vessels with 14.2M dwt capacity. 4. Recent vessel deliveries include Star Voyager and Star Explorer. 5. SBLK operates in global dry bulk cargo transportation.
New board appointments can signal strategic growth; Weum's background promotes investor confidence.
Board appointments reflect strategic decisions that can improve operations and investor relations.
The strategic influence of new board members typically manifests over time, enhancing company direction.
ATHENS, Greece, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ:SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that Mr. Mikkel Storm Weum was appointed to the Company's Board of Directors to serve as a Class B director. Mr. Weum is an Investment Director in Seatankers Management Norway AS and also serves on the board of NYSE listed FLEX LNG Ltd.
About Star Bulk
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, New York, Stamford and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK". As of the date of this release on a fully delivered basis and as adjusted for the delivery of a) the vessels agreed to be sold and b) the five firm Kamsarmax vessels currently under construction, we own a fleet of 142 vessels, with an aggregate capacity of 14.2 million dwt consisting of 17 Newcastlemax, 15 Capesize, 1 Mini Capesize, 7 Post Panamax, 42 Kamsarmax, 1 Panamax, 48 Ultramax and 11 Supramax vessels with carrying capacities between 55,569 dwt and 209,537 dwt.
In addition, in November 2021, we took delivery of the Capesize vessel Star Shibumi, under a seven-year charter-in arrangement and in 2024, we took delivery of the vessels Star Voyager, Star Explorer, Stargazer, Star Earendel, Star Illusion and Star Thetis, each subject to a seven-year charter-in arrangement.
Contacts
| Company: | |
| Simos Spyrou, Christos Begleris | Investor Relations / Financial Media: |
| Co ‐ Chief Financial Officers | Nicolas Bornozis |
| Star Bulk Carriers Corp. | President |
| c/o Star Bulk Management Inc. | Capital Link, Inc. |
| 40 Ag. Konstantinou Av. | 230 Park Avenue, Suite 1540 |
| Maroussi 15124 | New York, NY 10169 |
| Athens, Greece | Tel. (212) 661‐7566 |
| Email: info@starbulk.com | E‐mail: starbulk@capitallink.com |
| www.starbulk.com | www.capitallink.com |
