XML 44 R28.htm IDEA: XBRL DOCUMENT v3.19.1
Basis of Presentation and General Information (Tables)
12 Months Ended
Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
List of Subsidiaries
        Date  
  Wholly Owned Subsidiaries Vessel Name DWT Delivered to Star Bulk Year Built
1 Sea Diamond Shipping LLC Goliath 209.537 July 15, 2015 2015
2 Pearl Shiptrade LLC Gargantua 209.529 April 2, 2015 2015
3 Star Ennea LLC Star Poseidon 209.475 February 26, 2016 2016
4 Coral Cape Shipping LLC Maharaj 209.472 July 15, 2015 2015
5 Star Castle II LLC Star Leo (1) 207.939 May 14, 2018 2018
6 ABY Eleven Ltd ABOY Laetitia (1) 207.896 August 3, 2018 2017
7 Domus Shipping LLC Star Ariadne (1) 207.812 March 28, 2017 2017
8 Star Breezer LLC Star Virgo (1) 207.810 March 1, 2017 2017
9 Star Seeker LLC Star Libra (1) 207.765 June 6, 2016 2016
10 ABY Nine Ltd ABOY Sienna (1) 207.721 August 3, 2018 2017
11 Clearwater Shipping LLC Star Marisa  (1) 207.709 March 11 2016 2016
12 ABY Ten Ltd ABOY Karlie (1) 207.566 August 3, 2018 2016
13 Star Castle I LLC Star Eleni (1) 207.555 January 3, 2018 2018
14 Festive Shipping LLC Star Magnanimus (1) 207.490 March 26, 2018 2018
15 Cape Ocean Maritime LLC Leviathan 182.511 September 19, 2014 2014
16 Cape Horizon Shipping LLC Peloreus 182.496 July 22, 2014 2014
17 Star Nor I LLC Star Claudine (1) 181.258 July 6, 2018 2011
18 Star Nor II LLC Star Ophelia (1) 180.716 July 6, 2018 2010
19 Christine Shipco LLC Star Martha 180.274 October 31, 2014 2010
20 Sandra Shipco LLC Star Pauline 180.233 December 29, 2014 2008
21 Pacific Cape Shipping LLC Pantagruel 180.181 July 11, 2014 2004
22 Star Borealis LLC Star Borealis 179.678 September 9, 2011 2011
23 Star Polaris LLC Star Polaris 179.546 November 14, 2011 2011
24 Star Nor III LLC Star Lyra (1) 179.147 July 6, 2018 2009
25 Star Trident V LLC Star Angie 177.931 October 29, 2014 2007
26 Sky Cape Shipping LLC Big Fish 177.662 July 11, 2014 2004
27 Global Cape Shipping LLC Kymopolia 176.990 July 11, 2014 2006
28 Star Trident XXV Ltd. Star Triumph 176.343 December 8, 2017 2004
29 ABY Fourteen Ltd ABY Scarlett 175.800 August 3, 2018 2014
30 ABY Fifteen Ltd Star Audrey 175.125 August 3, 2018 2011
31 Sea Cape Shipping LLC Big Bang 174.109 July 11, 2014 2007
32 Star Aurora LLC Star Aurora (Note 5) 171.199 September 8, 2010 2000
33 ABY I LLC Paola (tbr Star Paola) 115.259 August 3, 2018 2011
34 ABM One Ltd ABML Eva (tbr Star Eva) 106.659 August 3, 2018 2012
35 Nautical Shipping LLC Amami 98.681 July 11, 2014 2011
36 Majestic Shipping LLC Madredeus 98.681 July 11, 2014 2011
37 Star Sirius LLC Star Sirius 98.681 March 7, 2014 2011
38 Star Vega LLC Star Vega 98.681 February 13, 2014 2011
39 ABY II LLC Star Aphrodite 92.006 August 3, 2018 2011
40 Augustea Bulk Carrier Ltd Star Piera 91.952 August 3, 2018 2010
41 Augustea Bulk Carrier Ltd Star Despoina 91.945 August 3, 2018 2010
42 Star Nor IV LLC Star Electra (1) 83.494 July 6, 2018 2011
43 Star Alta I LLC Star Angelina 82.981 December 5, 2014 2006
44 Star Nor VI LLC Star Luna (1) 82.687 July 6, 2018 2008
45 ABY Seven Ltd ABY Jeannette (tbr Star Jeanette) 82.567 August 3, 2018 2014
46 Star Alta II LLC Star Gwyneth 82.790 December 5, 2014 2006
47 Star Trident I LLC Star Kamila 82.769 September 3, 2014 2005
48 Star Nor V LLC Star Bianca (1) 82.672 July 6, 2018 2008
49 Grain Shipping LLC Pendulum 82.619 July 11, 2014 2006
50 Star Trident XIX LLC Star Maria 82.598 November 5, 2014 2007
51 Star Trident XII LLC Star Markella 82.594 September 29, 2014 2007  
52 Star Trident IX LLC Star Danai 82.574 October 21, 2014 2006  
53 Star Trident XI LLC Star Georgia 82.298 October 14, 2014 2006  
54 Star Trident VIII LLC Star Sophia 82.269 October 31, 2014 2007  
55 Star Trident XVI LLC Star Mariella 82.266 September 19, 2014 2006  
56 Star Trident XIV LLC Star Moira 82.257 November 19, 2014 2006  
57 Star Trident XVIII LLC Star Nina 82.224 January 5, 2015 2006  
58 Star Trident X LLC Star Renee 82.221 December 18, 2014 2006  
59 Star Trident II LLC Star Nasia   82.220 August 29, 2014 2006  
60 Star Trident XIII LLC Star Laura 82.209 December 8, 2014 2006  
61 Star Trident XV LLC Star Jennifer 82.209 April 15, 2015 2006  
62 Star Nor VIII LLC Star Mona (1) 82.188 July 6, 2018 2012  
63 Star Trident XVII LLC Star Helena 82.187 December 29, 2014 2006  
64 Star Nor VII LLC Star Astrid (1) 82.158 July 6, 2018 2012  
65 Waterfront Two Ltd ABY Asia (tbr Star Alessia) (1) 81.944 August 3, 2018 2017  
66 Star Nor IX LLC Star Calypso (1) 81.918 July 6, 2018 2014  
67 Star Gaia LLC Star Charis 81.711 March 22, 2017 2013  
68 Star Elpis LLC Star Suzanna 81.711 May 15, 2017 2013  
69 Mineral Shipping LLC Mercurial Virgo 81.545 July 11, 2014 2013  
70 Star Nor X LLC Stardust (1) 81.502 July 6, 2018 2011  
71 Star Nor XI LLC Songa Sky (tbr Star Sky) (1) 81.466 July 6, 2018 2010  
72 ABY III LLC Star Lydia 81.187 August 3, 2018 2013  
73 ABY IV LLC Star Nicole 81.120 August 3, 2018 2013  
74 ABY Three Ltd ABY Virginia (tbr Star Virginia) 81.061 August 3, 2018 2015  
75 Star Nor XII LLC Star Genesis (1) 80.705 July 6, 2018 2010  
76 Star Nor XIII LLC Star Flame (1) 80.448 July 6, 2018 2011  
77 Star Trident III LLC Star Iris 76.466 September 8, 2014 2004  
78 Star Trident XX LLC Star Emily 76.417 September 16, 2014 2004  
79 Orion Maritime LLC Idee Fixe (1) 63.458 March 25, 2015 2015  
80 Primavera Shipping LLC (ex- Spring Shipping LLC) Roberta (1) 63.426 March 31, 2015 2015  
81 Success Maritime LLC Laura (1) 63.399 April 7, 2015 2015  
82 Ultra Shipping LLC Kaley (1) 63.283 June 26, 2015 2015  
83 Blooming Navigation LLC Kennadi 63.262 January 8, 2016 2016  
84 Jasmine Shipping LLC Mackenzie 63.226 March 2, 2016 2016  
85 Star Uranus LLC Star Anna 63.038 November 16, 2018 2015  
86 Star Nor XV LLC Star Wave (1) 61.491 July 6, 2018 2017  
87 Star Challenger I LLC Star Challenger 61.462 December 12, 2013 2012  
88 Star Challenger II LLC Star Fighter (1) 61.455 December 30, 2013 2013  
89 Star Axe II LLC Star Lutas 61.347 January 6, 2016 2016  
90 Aurelia Shipping LLC Honey Badger 61.320 February 27, 2015 2015  
91 Rainbow Maritime LLC Wolverine 61.292 February 27, 2015 2015  
92 Star Axe I LLC Star Antares 61.258 October 9, 2015 2015  
93 Star Asia I LLC Star Aquarius 60.916 July 22, 2015 2015  
94 Star Asia II LLC Star Pisces 60.916 August 7, 2015 2015  
95 ABY Five Ltd ABY Monica (tbr Star Monica) 60.935 August 3, 2018 2015  
96 Star Nor XIV LLC Songa Glory (tbr Star Glory) (1) 58.680 July 6, 2018 2012  
97 Star Trident VII LLC Diva 56.582 July 24, 2017 2011  
98 Glory Supra Shipping LLC Strange Attractor 55.742 July 11, 2014 2006  
99 Star Regg III LLC Star Bright 55.783 October 10, 2018 2010  
100 Star Omicron LLC Star Omicron 53.489 April 17, 2008 2005  
101 Star Gamma LLC Star Gamma 53.098 January 4, 2008 2002  
102 Star Zeta LLC Star Zeta 52.994 January 2, 2008 2003  
103 Star Delta LLC Star Delta (Note 5) 52.434 January 2, 2008 2000  
104 Star Theta LLC Star Theta 52.425 December 6, 2007 2003  
105 Star Epsilon LLC Star Epsilon 52.402 December 3, 2007 2001  
106 Star Cosmo LLC Star Cosmo 52.247 July 1, 2008 2005  
107 Star Kappa LLC Star Kappa (Note 5) 52.055 December 14, 2007 2001  
    Total dwt 11.748.687      
               
(1)Subject to a bareboat charter with purchase obligation at the expiration of the bareboat charter term (Note 5)
List of vessels under construction
  Wholly Owned Subsidiaries Newbuildings Name Type DWT Expected Delivery
  Date
1 New Era I Shipping LLC HN 1388 (tbn Katie K) (1) Newcastlemax 208.000 Mar-19
2 New Era II Shipping LLC HN 1389 (tbn Debbie H) (1) Newcastlemax 208.000 Apr-19
3 New Era III Shipping LLC HN 1390 (tbn Ocean Ayesha) (1) Newcastlemax 208.000 Jun-19
    Total dwt   624.000  

(1) Subject to a bareboat charter with purchase obligation at the expiration of the bareboat charter term (Note 6)

List of Second-hand vessels
  Wholly Owned Subsidiaries Vessel Name Type DWT Year Built Delivery
  Date
1 Star Regg II LLC Star Janni (ex - ER Bradenburg) (Note 1 and 19) Capesize    178.978 2010 7-Jan-19
2 Star Regg I LLC Star Marianne (ex - ER Bourgogne) (Note 1 and 19) Capesize    178.906 2010 14-Jan-19
           357.884    
List of Non-vessel owning subsidiaries
  Wholly Owned Subsidiaries    
1 Star Bulk Management Inc. 30 Star Regina LLC
2 Starbulk S.A. 31 Star Logistics Management S.A.
3 Star Bulk Manning LLC 32 Gravity Shipping LLC
4 Star Bulk Shipmanagement Company (Cyprus) Limited 33 White Sand Shipping LLC
5 Optima Shipping Limited 34 Premier Voyage LLC
6 Star Omas LLC 35 L.A. Cape Shipping LLC
7 Star Synergy LLC 36 Cape Confidence Shipping LLC
8 Oceanbulk Shipping LLC 37 Cape Runner Shipping LLC
9 Oceanbulk Carriers LLC 38 Olympia Shiptrade LLC
10 International Holdings LLC 39 Victory Shipping LLC
11 Star Ventures LLC 40 Star Cape I LLC
12 Star Logistics LLC (ex Dry Ventures LLC) 41 Star Cape II LLC
13 Unity Holding LLC 42 Positive Shipping Company
14 Star Bulk (USA) LLC 43 OOCape1 Holdings LLC
15 Star Trident XXI LLC 44 Oday Marine LLC
16 Star Trident XXIV LLC 45 Searay Maritime LLC
17 Star Trident XXVII LLC 46 Lowlands Beilun Shipco LLC
18 Star Trident XXXI LLC 47 Star Trident VI LLC
19 Star Trident XXIX LLC 48 KMSRX Holdings LLC
20 Star Trident XXVIII LLC 49 Dioriga Shipping Co.
21 Star Trident XXVI LLC 50 Star Trident XXX LLC
22 Star Trident XXII LLC 51 Star Trident IV LLC
23 Star Trident XXIII LLC 52 Pacific Ventures Holdings LLC
24 Star Alpha LLC 53 Star Mare LLC
25 Star Bulk Norway AS 54 Star Regg IV LLC
26 Star New Era LLC 55 Star Regg V LLC
27 Star Thor LLC 56 Star Regg VI LLC
28 Star ABY LLC 57 Star Regg VII LLC
29 ABY Group Holding Ltd 58 Star Sege Ltd
Charter Revenue Percentage

Charterer

2016

2017

2018

A N/A N/A 15%
B 13% 14%  N/A