Contact Information: Company: Akis Tsirigakis President and CEO Star Bulk Carriers Corp. Aethrion Center, Suite B-34 40 Ag. Konstantinou Maroussi 15124 Athens, Greece www.starbulk.com Investor Relations / Financial Media: Nicolas Bornozis President Capital Link, Inc. 230 Park Avenue, Suite 1536 New York, NY 10169 Tel. (212) 661-7566 E-mail: nbornozis@capitallink.com www.capitallink.com
Star Bulk Carriers to Hold Conference Call
| Source: Star Bulk Carriers Corp.
NEW YORK, NY--(Marketwire - December 12, 2007) - Star Bulk Carriers Corp. (NASDAQ : SBLK )
announced today that management will hold a conference call on Monday,
December 17, 2007 at 10:00 a.m. EST to discuss recent developments, company
fundamentals, and an overview of the drybulk sector.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: 1866 819 7111 (from the US), 0800 953 0329
(from the UK) or +44 1452 542 301 (from outside the US). Please quote
"StarBulk."
In case of any problem with the above numbers, please dial 1866 223 0615
(from the US), 0800 694 1503 (from the UK) or +44 1452 586 513 (from
outside the US). Quote "StarBulk."
A telephonic replay of the conference call will be available until December
24, 2007 by dialing 1866 247 4222 (from the US), 0800 953 1533 (from the
UK) or +44 1452 550 000 (from outside the US). Access Code: 3128607#
Slides and audio webcast:
There will also be a live slides webcast of the conference call through the
Star Bulk website (www.starbulkcarriers.com). Participants to the webcast
should register on the website approximately 10 minutes prior to the start
of the webcast.
The slides to be used at the conference call are already available on the
Star Bulk Carriers website (www.starbulkcarriers.com) and have also been
filed with the SEC and can be accessed on the SEC's website at www.sec.gov.
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 such as bauxite, phosphate and steel products. Star Bulk was
incorporated in the Marshall Islands on December 13, 2006 and is
headquartered in Athens, Greece. Its common stock and warrants trade on the
NASDAQ Global Market under the symbols "SBLK" and "SBLKW" respectively.
Star Bulk has definitive agreements to acquire a fleet of nine dry bulk
carriers, two of which have been delivered, from subsidiaries of TMT Co,
Ltd., Taiwan (TMT). The nine dry bulk carriers, consist of two Capesize,
one Panamax and six Supramax dry bulk vessels with an average age of
approximately 9.5 years and a combined cargo carrying capacity of 743,759
deadweight tons.
Forward-Looking Statements
The information in this press release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include, but are not limited to,
statements regarding: (1) the delivery and operation of assets of Star
Bulk; (2) Star Bulk's future operating or financial results; (3) future,
pending or recent acquisitions, business strategy, areas of possible
expansion, and expected capital spending or operating expenses; (4) drybulk
market trends, including charter rates and factors affecting vessel supply
and demand; and (5) other statements identified by words such as
"anticipate," "believe," "plan," "estimate," "expect," "intend," "will,"
"should," "may," or words of similar meaning.
Such
forward-looking statements are based upon various assumptions, many of
which are based, in turn, upon further assumptions, including without
limitation, Star Bulk's examination of historical operating trends, data
contained in their records and other data available from third parties.
Although Star Bulk believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to
predict and are beyond their control, Star Bulk cannot assure you that Star
Bulk will achieve or accomplish these expectations, beliefs or projections.
Important factors that could cause actual results to differ materially from
those discussed in the forward-looking statements include the failure of a
seller to deliver one or more vessels, the strength of world economies and
currencies, general market conditions, including changes in charterhire
rates and vessel values, changes in demand that may affect attitudes of
time charterers to scheduled and unscheduled drydocking, changes in Star
Bulk's operating expenses, including bunker prices, dry-docking and
insurance costs, or actions taken by regulatory authorities, potential
liability from pending or future litigation, domestic and international
political conditions, potential disruption of shipping routes due to
accidents and political events or acts by terrorists. Additional factors
that could cause Star Bulk's results to differ materially from those
described in the forward-looking statements can be found in Star Bulk's
Registration Statement on Form F-1/F-4 and reports on Form 6-K filed with
the Securities and Exchange Commission (the "SEC") and available at the
SEC's Internet site (http://www.sec.gov). The information set forth herein
speaks only as of the date hereof, and Star Bulk disclaims any intention or
obligation to update any
forward-looking statements as a result of developments occurring after the
date of this communication.