Nasdaq-listed Star today revealed a $634.91m cash and shares deal  with Excel Maritime that expands its position as the largest bulker owner on Wall Street.

Star, which claimed top spot in the US after its previous tie-up with Oceanbulk, will take its fleet to 103 vessels of 11.85 million deadweight tons with today’s swoop. In total, 101 of Star’s ships are supramaxes or larger.

According