Chief executive Spyros Capralos said during an earningsbriefing that the company will take on the latest addition in December, after adding five managed bulkers in the third quarter.

The New York-listed shipowner jumped into third-partymanagement late last year with plans to manage more than 30 bulkers andproducts tankers for outside owners.

The effort began with two vessels owned by Oceanbulk, whichlike Star Bulk is backed by Greek shipowner Petros Pappas.

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