Star Bulk announces strategic partnership with Hermes World Maritime

ATHENS, Greece, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq & Euronext Athens: SBLK), today announced that it has entered into a strategic partnership with Hermes World Maritime S.A. ("Hermes"), involving two 2026 Kamsarmax vessels namely the Star Ellie and the Star Bella. Under the agreement, Hermes will acquire a 35% ownership interest in the two vessels. Star Bulk will continue to perform the vessels' commercial and technical management. The partnership reflects Star Bulk's ongoing strategy to strengthen relationships with key industry partners. 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 and Euronext Athens under the symbol "SBLK". As of the date of this release on a fully delivered basis and as adjusted for the delivery of the three firm Kamsarmax vessels currently under construction, we own a fleet of 138 vessels, with an aggregate capacity of 13.8 million dwt consisting of 17 Newcastlemax, 15 Capesize, 1 Mini Capesize, 7 Post Panamax, 43 Kamsarmax, 1 Panamax, 48 Ultramax and 14 Supramax vessels with carrying capacities between 55,569 dwt and 209,537 dwt. Contacts Company: Investor Relations / Financial Media: Simos Spyrou, Christos Begleris Nicolas Bornozis Co -- Chief Financial Officers President Star Bulk Carriers Corp. Capital Link, Inc. c/o Star Bulk Management Inc. Tel. (212) 661--7566 40 Ag. Konstantinou Av. Anna Wichmann Maroussi 15124 Capital Link Athens Athens, Greece Tel. +30-210-6109-800 Email: ir@starbulk.com E-mail: starbulk@capitallink.com (END) Dow Jones Newswires October 09, 2026 16:05 ET (20:05 GMT) The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.