In the Nasdaq-quoted operator’s third-quarter earnings report chief executive Petros Pappas said his company obtained commitments totalling $64.5m during the period.
More recently, the owner noted it clinched $337m worth of secured facilities that will be used to finance newbuildings, refinance debt and complete the acquisition of tonnage from Greek compatriot Excel Maritime Carriers.
Star Bulk indicated the new commitments are backed by the likes of DVB, CIT, Citibank and Sinosure.