Petros Pappas is hoping to tap into information from the “dark side” after Star Bulk established a new logistics platform.

The Star Bulk chief executive opened up on the reasons for setting up Star Logistics Management as he predicted a stronger couple of years for the bulker market.

Pappas – who also noted options and letters of intent for dry cargo newbuldings outweigh the firm contracts placed this year – made the prediction despite joking that his crystal ball has been lost.