ATHENS, GREECE--(Marketwired - Oct 17, 2017) - Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a
global shipping company focusing on the transportation of dry bulk cargoes, today announced that it plans to hold its Annual
Meeting of Shareholders at the offices of STAR BULK SHIPMANAGEMENT COMPANY (CYPRUS) LIMITED, 179, Christodoulos Hadjipavlou
Street (Molos), Ground Floor, Limassol 3036, Republic of Cyprus, on November 28, 2017 at 16:00 local time. The Company's board of
directors has fixed the close of business on October 2, 2017 as the record date for the determination of the shareholders
entitled to receive notice and to vote at this meeting or any adjournment thereof.
The Company's Notice of Meeting and Proxy Statement are available at the Securities and Exchange Commission's website at
www.sec.gov and may also be found on the Company's website at www.starbulk.com.
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, coal 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, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK". On a fully
delivered basis, Star Bulk will have a fleet of 74 vessels, with an aggregate capacity of 8.1 million dwt, consisting of
Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 52,055
dwt and 209,537 dwt. Our fleet currently includes 71 operating vessels and 3 newbuilding vessels under construction in China. All
of the newbuilding vessels are expected to be delivered during 2017 and 2018.
Forward-Looking Statements
Matters discussed in this press release may constitute forward looking statements. The Private Securities
Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to
provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives,
goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements
of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995
and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate,"
"intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending" and similar expressions
identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn,
upon further assumptions, including without limitation, examination by the Company's management of historical operating trends,
data contained in its records and other data available from third parties. Although the Company believes that these assumptions
were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which
are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you that it will achieve
or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in the Company's view, could cause actual results to
differ materially from those discussed in the forward-looking statements include general dry bulk shipping market conditions,
including fluctuations in charterhire rates and vessel values, the strength of world economies the stability of Europe and the
Euro, fluctuations in interest rates and foreign exchange rates, changes in demand in the dry bulk shipping industry, including
the market for our vessels, changes in our operating expenses, including bunker prices, dry docking and insurance costs, changes
in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future
litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or
political events, the availability of financing and refinancing, our ability to meet requirements for additional capital and
financing to complete our newbuilding program and grow our business, the impact of the level of our indebtedness and the
restrictions in our debt agreements, vessel breakdowns and instances of off‐hire, risks associated with vessel construction,
potential exposure or loss from investment in derivative instruments, potential conflicts of interest involving our Chief
Executive Officer, his family and other members of our senior management, our ability to complete the restructuring transactions
with our various lenders and our ability to complete acquisition transactions as planned. Please see our filings with the
Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set
forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any
forward‐looking statements as a result of developments occurring after the date of this communication.