XML 44 R31.htm IDEA: XBRL DOCUMENT v3.24.0.1
Basis of Presentation and General Information (Tables)
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation and General Information - List of subsidiaries (Table)

           
        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 Gina 2GR 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 207,939 May 14, 2018 2018
6 ABY Eleven LLC Star Laetitia 207,896 August 3, 2018 2017
7 Domus Shipping LLC Star Ariadne 207,812 March 28, 2017 2017
8 Star Breezer LLC Star Virgo 207,810 March 1, 2017 2017
9 Star Seeker LLC Star Libra 207,765 June 6, 2016 2016
10 ABY Nine LLC Star Sienna 207,721 August 3, 2018 2017
11 Clearwater Shipping LLC Star Marisa 207,709 March 11 2016 2016
12 ABY Ten LLC Star Karlie 207,566 August 3, 2018 2016
13 Star Castle I LLC Star Eleni 207,555 January 3, 2018 2018
14 Festive Shipping LLC Star Magnanimus 207,526 March 26, 2018 2018
15 New Era II Shipping LLC Debbie H 206,861 May 28, 2019 2019
16 New Era III Shipping LLC Star Ayesha 206,852 July 15, 2019 2019
17 New Era I Shipping LLC Katie K 206,839 April 16, 2019 2019
18 Cape Ocean Maritime LLC Leviathan  182,511 September 19, 2014 2014
19 Cape Horizon Shipping LLC Peloreus  182,496 July 22, 2014 2014
20 Star Nor I LLC Star Claudine 181,258 July 6, 2018 2011
21 Star Nor II LLC Star Ophelia 180,716 July 6, 2018 2010
22 Sandra Shipco LLC Star Pauline  180,274 December 29, 2014 2008
23 Christine Shipco LLC Star Martha  180,274 October 31, 2014 2010
24 Pacific Cape Shipping LLC Pantagruel  (Note 19c) 180,181 July 11, 2014 2004
25 Star Nor III LLC Star Lyra 179,147 July 6, 2018 2009
26 Star Regg V LLC Star Borneo 178,978 January 26, 2021 2010
27 Star Regg VI LLC Star Bueno 178,978 January 26, 2021 2010
28 Star Regg IV LLC Star Marilena 178,978 January 26, 2021 2010
29 Star Regg II LLC  Star Janni  178,978 January 7, 2019  2010
30 Star Regg I LLC Star Marianne 178,906 January 14, 2019 2010
31 Star Trident V LLC Star Angie  177,931 October 29, 2014 2007
32 Sky Cape Shipping LLC Big Fish  (Notes 5 and 19c) 177,662 July 11, 2014 2004
33 Global Cape Shipping LLC Kymopolia  176,990 July 11, 2014 2006
34 Star Trident XXV LLC Star Triumph 176,343 December 8, 2017 2004
35 ABY Fourteen LLC Star Scarlett 175,649 August 3, 2018 2014
36 ABY Fifteen LLC Star Audrey 175,125 August 3, 2018 2011
37 Sea Cape Shipping LLC Big Bang (Notes 5 and 19c) 174,109 July 11, 2014 2007
38 ABY I LLC Star Paola 115,259 August 3, 2018 2011

 

1.       Basis of Presentation and General Information – (continued):

a) Subsidiaries owning vessels in operation - (continued):

        Date  
  Wholly Owned Subsidiaries Vessel Name DWT Delivered to Star Bulk Year Built
39 ABM One LLC Star Eva 106,659 August 3, 2018 2012
40 Nautical Shipping LLC Amami  98,681 July 11, 2014 2011
41 Majestic Shipping LLC Madredeus  98,681 July 11, 2014 2011
42 Star Sirius LLC Star Sirius 98,681 March 7, 2014 2011
43 Star Vega LLC Star Vega 98,681 February 13, 2014 2011
44 ABY II LLC Star Aphrodite 92,006 August 3, 2018 2011
45 Augustea Bulk Carrier LLC Star Piera 91,951 August 3, 2018 2010
46 Augustea Bulk Carrier LLC Star Despoina 91,951 August 3, 2018 2010
47 Star Nor IV LLC Star Electra 83,494 July 6, 2018 2011
48 Star Alta I LLC Star Angelina  82,981 December 5, 2014 2006
49 Star Alta II LLC Star Gwyneth  82,790 December 5, 2014 2006
50 Star Trident I LLC Star Kamila  82,769 September 3, 2014 2005
51 Star Nor VI LLC Star Luna 82,687 July 6, 2018 2008
52 Star Nor V LLC Star Bianca 82,672 July 6, 2018 2008
53 Grain Shipping LLC Pendulum  82,619 July 11, 2014 2006
54 Star Trident XIX LLC Star Maria  82,598 November 5, 2014 2007
55 Star Trident XII LLC Star Markella  82,594 September 29, 2014 2007
56 Star Trident IX LLC Star Danai 82,574 October 21, 2014 2006
57 ABY Seven LLC Star Jeanette 82,566 August 3, 2018 2014
58 Star Sun I LLC Star Elizabeth 82,403 May 25, 2021 2021
59 Star Trident XI LLC Star Georgia  82,298 October 14, 2014 2006
60 Star Trident VIII LLC Star Sophia  82,269 October 31, 2014 2007
61 Star Trident XVI LLC Star Mariella  82,266 September 19, 2014 2006
62 Star Trident XIV LLC Star Moira  82,257 November 19, 2014 2006
63 Star Trident X LLC Star Renee 82,221 December 18, 2014 2006
64 Star Trident II LLC Star Nasia 82,220 August 29, 2014 2006
65 Star Trident XIII LLC Star Laura  82,209 December 8, 2014 2006
66 Star Nor VIII LLC Star Mona 82,188 July 6, 2018 2012
67 Star Trident XVII LLC Star Helena 82,187 December 29, 2014 2006
68 Star Trident XVIII LLC Star Nina 82,224 January 5, 2015 2006
69 Star Nor VII LLC Star Astrid 82,158 July 6, 2018 2012
70 Waterfront Two LLC Star Alessia 81,944 August 3, 2018 2017
71 Star Nor IX LLC Star Calypso 81,918 July 6, 2018 2014
72 Star Elpis LLC Star Suzanna 81,711 May 15, 2017 2013
73 Star Gaia LLC Star Charis 81,711 March 22, 2017 2013
74 Mineral Shipping LLC Mercurial Virgo  81,545 July 11, 2014 2013
75 Star Nor X LLC Stardust 81,502 July 6, 2018 2011
76 Star Nor XI LLC Star Sky 81,466 July 6, 2018 2010
77 Star Zeus VI LLC Star Lambada 81,272 March 16, 2021 2016
78 Star Zeus II LLC Star Carioca 81,262 March 16, 2021 2015
79 Star Zeus I LLC Star Capoeira 81,253 March 16, 2021 2015
80 Star Zeus VII LLC Star Macarena 81,198 March 6, 2021 2016
81 ABY III LLC Star Lydia 81,187 August 3, 2018 2013
82 ABY IV LLC Star Nicole 81,120 August 3, 2018 2013
83 ABY Three LLC Star Virginia 81,061 August 3, 2018 2015
84 Star Nor XII LLC Star Genesis 80,705 July 6, 2018 2010
85 Star Nor XIII LLC Star Flame 80,448 July 6, 2018

2011 

 

1.       Basis of Presentation and General Information – (continued):

a) Subsidiaries owning vessels in operation - (continued):

        Date  
  Wholly Owned Subsidiaries Vessel Name DWT Delivered to Star Bulk Year Built
86 Star Trident III LLC Star Iris  76,466 September 8, 2014 2004
87 Star Trident XX LLC Star Emily  76,417 September 16, 2014 2004
88 Orion Maritime LLC Idee Fixe 63,458 March 25, 2015 2015
89 Primavera Shipping LLC  Roberta 63,426 March 31, 2015 2015
90 Success Maritime LLC Laura 63,399 April 7, 2015 2015
91 Ultra Shipping LLC Kaley 63,283 June 26, 2015 2015
92 Blooming Navigation LLC Kennadi 63,262 January 8, 2016 2016
93 Jasmine Shipping LLC Mackenzie 63,226 March 2, 2016 2016
94 Star Lida I Shipping LLC Star Apus 63,123 July 16, 2019 2014
95 Star Zeus V LLC Star Bovarius (Note 5) 61,602 March 16, 2021 2015
96 Star Zeus IV LLC Star Subaru 61,571 March 16, 2021 2015
97 Star Nor XV LLC Star Wave 61,491 July 6, 2018 2017
98 Star Challenger I LLC Star Challenger (1) 61,462 December 12, 2013 2012
99 Star Challenger II LLC Star Fighter (1) 61,455 December 30, 2013 2013
100 Star Axe II LLC Star Lutas 61,347 January 6, 2016 2016
101 Aurelia Shipping LLC Honey Badger 61,320 February 27, 2015 2015
102 Rainbow Maritime LLC Wolverine 61,292 February 27, 2015 2015
103 Star Axe I LLC Star Antares 61,258 October 9, 2015 2015
104 ABY Five LLC Star Monica 60,935 August 3, 2018 2015
105 Star Asia I LLC Star Aquarius 60,916 July 22, 2015 2015
106 Star Asia II LLC Star Pisces 60,916 August 7, 2015 2015
107 Star Nor XIV LLC Star Glory (Note 5) 58,680 July 6, 2018 2012
108 Star Lida XI Shipping LLC Star Pyxis (Note 19c) 56,615 August 19, 2019 2013
109 Star Lida VIII Shipping LLC  Star Hydrus 56,604 August 8, 2019 2013
110 Star Lida IX Shipping LLC Star Cleo 56,582 July 15, 2019 2013
111 Star Trident VII LLC Diva 56,582 July 24, 2017 2011
112 Star Lida X Shipping LLC Star Pegasus 56,540 July 15, 2019 2013
113 Star Lida V Shipping LLC Star Dorado (Note 5) 56,507 July 16, 2019 2013
114 Glory Supra Shipping LLC Strange Attractor 55,742 July 11, 2014 2006
115 Star Regg III LLC Star Bright 55,569 October 10, 2018 2010
116 Star Omicron LLC Star Omicron 53,489 April 17, 2008 2005
    Total dwt 13,096,980    

(1)       Subject to sale and lease back financing transaction (Note 7)

Basis of Presentation and General Information - List of subsidiaries owning vessels under construction (Table)

           
           
  Wholly Owned Subsidiaries Vessel Name DWT Shipyard

Expected Delivery

Date

1 Star Thundera LLC Hull No 15 82,000 Qingdao Shipyard Co. Ltd. September 2025
2 Star Caldera LLC Hull No 16 82,000 Qingdao Shipyard Co. Ltd. September 2025
3 Star Terra LLC Hull No 17 82,000 Qingdao Shipyard Co. Ltd. April 2026
4 Star Nova LLC Hull No 18 82,000 Qingdao Shipyard Co. Ltd. July 2026
5 Star Affinity LLC Hull No 23 82,000 Qingdao Shipyard Co. Ltd. April 2026
    410,000    

 

Basis of Presentation and General Information - List of Non-vessel owning companies (Table)

c ) Non-vessel owning subsidiaries: The below list includes companies previously owning vessels that have been sold, intermediate holding companies, companies that charter-in vessels and management companies:

 

  Wholly Owned Subsidiaries    
1 Star Bulk Management Inc. 23 Star Bulk Germany GmbH
2 Starbulk S.A. 24 Star Mare LLC
3 Star Bulk Manning LLC 25 Star Sege Ltd
4 Star Bulk Shipmanagement Company (Cyprus) Limited 26 Star Regg VII LLC
5 Star Omas LLC 27 Star Cosmo LLC
6 Star Synergy LLC  28 Star Delta LLC
7 Oceanbulk Shipping LLC  29 Star Kappa LLC
8 Oceanbulk Carriers LLC 30 Star Infinity Corp.
9 Star Bulk Finance (Cyprus) Limited 31 Star Auctus LLC
10 Star Ventures LLC 32 Star Lida II Shipping LLC
11 Star Logistics LLC (ex Dry Ventures LLC) 33 Star Lida III Shipping LLC
12 Unity Holding LLC 34 Star Lida IV Shipping LLC
13 Star Bulk (USA) LLC 35 Star Lida VI Shipping LLC
14 Star New Era LLC 36 Star Lida VII Shipping LLC
15 Star Thor LLC 37 Star Borealis LLC
16 Star Gamma LLC 38 Star Polaris LLC 
17 Star Zeus LLC 39 Star Theta LLC
18 Star Epsilon LLC  40 Star Zeta LLC
19 Star ABY LLC 41 Star Sun II LLC
20 ABY Group Holding LLC 42 Star Zeus III LLC
21 Star Regina LLC 43 Star Trident XV LLC
22 Star Bulk (Singapore) Pte. Ltd.    
Basis of Presentation and General Information - List of time charter-in vessel and time charter-in newbuilding vessels (Table)

 

               
             
  Name DWT Built Yard Country

Delivery / Estimated Delivery

Minimun Period
1 Star Shibumi 180,000 2021 JMU Japan November 30, 2021 November 2028
2 NB Kamsarmax # 1 (tbn Star Voyager) 82,000 2024 Tsuneishi, Zhousan Japan January 11, 2024 (Note 19b) 7 years
3 NB Kamsarmax # 2 82,000 2024 Tsuneishi, Zhousan Japan Q4 - 2024 7 years
4 NB Kamsarmax # 3 (tbn Star Explorer) 82,000 2024 JMU Japan March 8, 2024 (Note 19b) 7 years
5 NB Kamsarmax # 4 82,000 2024 JMU Japan Q3 - 2024 7 years
6 NB Ultramax #1 (tbn Stargazer) 66,000 2024 Tsuneishi, Cebu Philippines January 16, 2024 (Note 19b) 7 years
7 NB Ultramax #2 66,000 2024 Tsuneishi, Cebu Philippines Q4 - 2024 7 years
    640,000