EQUINOX GALINI
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Stores stolen at Samarinda
On May 5, 2020, at 11.30 p.m. the crew of the 'Star Glory', which was moored in position 00 15 51S, 117 35 06E, about 4,7 nautical miles from the Samarinda anchorage, noticed that the forward hatch on the forecastle had been opened. Upon inspection, it was discovered that the security padlock was broken, and the stores had been stolen. The incident was reported to the Port Authorities and the local agent.
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US-listed shipowner Star Bulk Carriers have acquired Oslo-listed Songa Bulk whose fleet comprises of 15 modern bulkers (3 x Capesize bulkers, 10 x Kamsarmax bulkers, 1 x Ultramax bulker and 1 x Supramax bulker). Star Bulk will issue 13.7 mill new shares and pay USD 145 mill in cash for the fleet. China Merchants Bank Leasing will finance the cash portion of the transaction. In addition, Star Bulk have agreed to acquire 3 x Newcastlemax bulkers which are under construction at SWS with delivery in Q4 2018 and Q1 2019 from OceanBulk Container Carriers. Star Bulk will issue 3.39 mill new shares and CSSC Shipping Company will provide USD 104.4 mill to pay for the three bulkers.
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Sold for US$ 14.85 Mill. to Songa Bulk
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