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Star Bulk Takes Delivery of Supramax Vessel

Maritime Activity Reports, Inc.

April 18, 2008

Star Bulk Carriers Corp. announced that it has taken delivery of the Star Omicron, a Japanese built Supramax vessel of 53,489 dwt built in 2005. Upon delivery, Star Omicron commenced her three-year time charter employment at a gross daily rate of USD 43,000. The company has now taken delivery of all vessels they agreed to acquire, including the eight initial vessels from TMT and three additional vessels following the Completion of the Redomiciliation Merger.
Star Bulk's operational fleet consists of eleven dry bulk vessels including three Capesize, one Panamax and seven Supramax vessels with a combined cargo carrying capacity of 981,648 deadweight tons.

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