May 12

Danaos swells position in Star Bulk

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Greek owner Danaos has increased its holding in compatriot dry bulk giant Star Bulk Carriers. A recent filing to the US Securities and Exchange Commission (SEC) revealed that the John Coustas-led boxship tonnage provider and capesize bulker player had picked up around 2.03m shares in the Nasdaq-listed Star Bulk. The move takes Danaos’ holding to …

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