Star Bulk Carriers Corp. states no affiliation with Daiichi Chuo Kisen Kaisha and its wholly owned subsidiary named “Star Bulk Carrier Co.”

Athens, Greece - October 1, 2015

On October 1st, 2015, Star Bulk Carriers Corp. (“Star Bulk”, “Company”)(Nasdaq: SBLK), issued the following statement: “The Company has no affiliation with Star Bulk Carrier Co., a subsidiary of Daiichi Chuo Kisen Kaisha (“Daiichi”), a Japanese dry bulk carrier company.”

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, coal 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, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK". On a fully delivered basis, Star Bulk will have a fleet of 90 owned vessels, with an aggregate capacity of 10.5 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, Supramax and Handymax vessels with carrying capacities between 45,588 dwt and 209,537 dwt. Our fleet currently includes 70 operating vessels and 21 newbuilding vessels under construction at shipyards in Japan and China. All of the newbuilding vessels are expected to be delivered during 2015 and 2016. The Company has also 1 Supramax vessel under a time charter - in contract expiring in September 2017.

Star Bulk Carriers Corp. press release