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Star Bulk’s €100m Athens listing: Why Wall Street’s bulker king

The dry bulk giant targets €100m ($116m) share offering alongside Euronext Athens debut next week

Star Bulk
Star Bulk Carriers’ fleet of 138 vessels, including kamsarmax newbuildings, anchors its dual-listing strategy.

Star Bulk Carriers is set to become the latest Greek shipping heavyweight to embrace Athens’ resurgent capital market, with a €100m ($116m) share offering slated for next week alongside its Euronext Athens debut. The dry bulk giant, led by Petros Pappas, will retain its long-standing Nasdaq listing while tapping local investors in a move that mirrors recent plays by Safe Bulkers and Seanergy Maritime. The transaction, targeting September 9-11, is being orchestrated by National Bank of Greece and AXIA, according to Greek financial reports citing Beta Securities. While Star Bulk…

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