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Star Bulk Takes Delivery of Capesize Ship

Maritime Activity Reports, Inc.

August 19, 2011

Star Bulk Carriers Corp. (NASDAQ: SBLK), has taken delivery of the Star Mega (formerly, the Megalodon), a 1994-built, 170,631 dwt Capesize vessel. The vessel is time-chartered to a multinational mining company for a remaining period of 3 years at a gross daily rate of $24,500.