Marine Link
Friday, March 29, 2024
SUBSCRIBE

Star Challenger News

22 Jul 2021

Ports of New Orleans, Caddo-Bossier Work Together to Move Cargo on the Mississippi

The SK Shipping Star Challenger discharging steel coils to barge at Coastal Cargo breakbulk and heavy-lift terminal at the Louisiana Ave. Complex. (Photo: Port NOLA:)

The Port of New Orleans (Port NOLA) discharged 300 steel coils on June 10, 2021, to barge at Coastal Cargo breakbulk and heavy-lift terminal at the Louisiana Ave. Complex that were transported to the barge from the SK Shipping Star Challenger and made their way upriver to be off-loaded at the Port of Caddo-Bossier in Shreveport.“This is a great example of two Louisiana ports coming together to facilitate commerce in the State and moving cargo on the Mississippi River,” said Brandy D. Christian President and CEO of the Port of New Orleans and CEO of the New Orleans Public Belt Railroad.

07 Jan 2014

Star Bulk Takes Delivery of New Bulker, Secures New Credit Line

Star Bulk Takes Delivery of Its Second Ultramax Bulk Carrier, Star Fighter and Reaches Agreement for a New Credit Facility. Star Bulk Carriers Corporation, a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has taken delivery of M/V Star Fighter (the "vessel" -- formerly "Supra Challenger II"), an Ultramax bulk carrier of 61,462 deadweight tons carrying capacity, built in Japan by Imabari Shipbuilding Group in September of 2013. Pursuant to the Company's flexible commercial strategy, the vessel has been employed on a short-term time charter for a period of minimum 4 months up to maximum 6 months, at a gross hire rate of $13,400 per day.

16 Dec 2013

Ultramax Bulk Carrier Delivered to STAR

Star Bulk Carriers Corp. (Nasdaq: SBLK) took delivery of M/V Star Challenger (formerly M/V “Supra Challenger”), a 61,462-dwt Ultramax bulk carrier of built in Japan by Imabari Shipbuilding Group in November of 2012. The ship has been employed on a short-term time charter for a period of 40 days at a gross hire rate of $13,700 per day. Star Challenger is the first of the two modern Ultramax bulk carriers to be delivered to the Company, pursuant to the relevant definitive agreement announced on November 18, 2013. The second Ultramax bulk carrier, Star Fighter, is expected tobe delivered to the Company by the end of December 2013.

26 Nov 2013

Star Bulk Reports Improved 2013 3Q Results

Photo: Star Bulk

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the three and the nine months ended September 30, 2013. Adjusted Net income for the third quarter of 2013 was $2.3 million compared to an adjusted net loss of $3.8 million during the same quarter in 2012. Adjusted Net income for the nine months ended September 30, 2013 was $7.6 million compared to an adjusted net loss of $0.6 million during the same period of the previous year.

18 Nov 2013

Star Bulk Acquires Two Ultramax Bulk Carriers

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, announced that it has entered into definitive agreements to acquire two modern Ultramax bulk carriers, the M/V Supra Challenger I and M/V Supra Challenger II, from an unaffiliated third party for an aggregate total consideration of $58.1 million. The vessels have a carrying capacity of 61, 462 deadweight tons each and were built in Japan by Imabari Shipbuilding Group, in November of 2012 and September of 2013 respectively. The vessels, to be renamed Star Challenger and Star Fighter, are expected to be delivered to Star Bulk in early December 2013 and by January 15, 2014 respectively.