“Vote of confidence” in the developmental prospects and dynamism of Star Bulk, led by Mr. Petros Pappas, was recently given by the Norwegian shipping tycoon John Fredriksen. Specifically, Fredriksen recently increased his equity stake in the Nasdaq-listed Star Bulk to approximately 12%.
In particular, according to SEC data, John Fredriksen’s interest companies, Greenwich Holdings Limited and Famatown Finance Limited, now hold 13,571,000 shares of Star Bulk. Therefore, their stake in the shipping company amounts to 11.84%.
In parallel, Star Bulk recently announced the appointment of Mikkel Storm Weum to its board of directors. Weum is the Investment Director of Seatankers Management Norway, a management company for Fredriksen’s interests.
It is recalled that John Fredriksen first appeared as a shareholder of Star Bulk in March 2025, when he revealed he had accumulated 10% of its share capital.
