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December 16, 2013
08:50 EDTSBLKStar Bulk Carriers takes delivery of first Ultramax bulk carrier
Star Bulk Carriers announced that it has taken delivery of M/V Star Challenger, an Ultramax bulk carrier of 61,462 deadweight tons carrying capacity, built in Japan by Imabari Shipbuilding Group in November of 2012. The vessel 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. This short - term fixture is in line with the Company's flexible, spot - oriented commercial strategy, aiming to capture the benefits of a potential broader freight rate recovery in the dry bulk market.
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