Press Releases May 12, 2026 09:30 AM

Star Bulk Announces Results of Its 2026 Annual Meeting of Shareholders

Star Bulk Carriers Corp. announces key decisions from 2026 Annual Meeting of Shareholders

By Avery Klein SBLK

Star Bulk Carriers Corp., a major global dry bulk shipping company, has announced the results of its 2026 Annual Meeting of Shareholders held in Athens, Greece. The company reported the re-election of key directors and the appointment of Deloitte Certified Public Accountants S.A. as its independent auditors for the fiscal year 2026. Star Bulk highlighted its substantial fleet size and ongoing vessel arrangements.

Star Bulk Announces Results of Its 2026 Annual Meeting of Shareholders
SBLK

Key Points

  • Re-election of Directors Mahesh Balakrishnan, Nikolaos Karellis, Gary Weston and Eleni Vrettou to the Board of Directors.
  • Appointment of Deloitte Certified Public Accountants S.A. as independent auditors for fiscal year ending December 31, 2026.
  • Star Bulk maintains a large diversified dry bulk shipping fleet of 141 vessels with an aggregate capacity of 14.0 million dwt, reflecting stability and continued operations in the dry bulk shipping sector.

ATHENS, Greece, May 12, 2026 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), announced that the Company’s Annual Meeting of Shareholders was duly held today in Athens, Greece pursuant to a Notice Of Annual Meeting of Shareholders dated March 25, 2026 (“Notice”).

At the meeting, each of the following proposals, which are set forth in more detail in the Notice and the Company’s Proxy Statement were approved and adopted:

  1. The re-election of Messrs. Mahesh Balakrishnan, Nikolaos Karellis, Gary Weston and Mrs. Eleni Vrettou to serve as Class A Directors on the Company’s Board of Directors.
  2. The appointment of DELOITTE CERTIFIED PUBLIC ACCOUNTANTS S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2026.

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, minerals 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, New York, Stamford and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol “SBLK”. As of the date of this release on a fully delivered basis and as adjusted for the delivery of a) the vessel agreed to be sold and b) of the eight firm Kamsarmax vessels currently under construction and the delivery of one sold vessel to its new owners, we own a fleet of 141 vessels, with an aggregate capacity of 14.0 million dwt consisting of 17 Newcastlemax, 14 Capesize, 1 Mini Capesize, 7 Post Panamax, 44 Kamsarmax, 47 Ultramax and 11 Supramax vessels with carrying capacities between 55,569 dwt and 209,537 dwt.

In addition, in November 2021, we took delivery of the Capesize vessel Star Shibumi, under a seven-year charter-in arrangement and in 2024, we took delivery of the vessels Star Voyager, Star Explorer, Stargazer, Star Earendel, Star Illusion and Star Thetis, each subject to a seven-year charter-in arrangement.

Contacts
 Company:Investor Relations / Financial Media: Simos Spyrou, Christos Begleris
Co ‐ Chief Financial Officers
Star Bulk Carriers Corp.
c/o Star Bulk Management Inc.
40 Ag. Konstantinou Av.
Maroussi 15124
Athens, Greece
Email: [email protected]
www.starbulk.comNicolas Bornozis
President
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, NY 10169
Tel. (212) 661‐7566
E‐mail: [email protected]
www.capitallink.com



Risks

  • Ongoing market conditions affecting the global dry bulk shipping industry such as fluctuating demand for iron ore, minerals, grains, and other bulk commodities.
  • Exposure to regulatory and geopolitical risks given the global nature of Star Bulk's shipping operations and the international ports served.
  • Risks related to vessel deliveries and sales, including scheduled deliveries of new vessels and disposition of existing vessels, which could impact fleet capacity and operational efficiency.

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