Star has been tipped to takeover both Excel and Eagle ever since its merger with Oceanbulk in July.
Hamish Norton, president of Star Bulk, today killed off the idea of a swoop for Eagle, which like the previous two captures is backed by Oaktree Capital.
He said on a conference call: “In terms of other Oaktree affiliates, we have no intention of pursuing the acquisition of any other Oaktree affiliated companies.
“I
