SBLK 6-K
Star Bulk Carriers Corp. (SBLK)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2026
Commission File Number: 001-33869
STAR BULK CARRIERS CORP.
(Translation of registrant’s name into English)
Star Bulk Carriers Corp.
c/o Star Bulk Management Inc.
40 Agiou Konstantinou Street,
15124 Maroussi,
Athens, Greece
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On August 10, 2026, Star Bulk Carriers Corp. (the “Company”) and Diana Shipping Inc. (“Diana”) terminated the previously announced agreement (the “Agreement”) between the Company and Diana whereby the Company agreed to acquire certain vessels from Diana upon completion of Diana’s proposed acquisition of Genco Shipping & Trading Limited.
A copy of the termination letter delivered by Diana at the request of the Company is attached hereto as Exhibit 99.1 of this Form 6-K and is hereby incorporated by reference into the registrant’s Registration Statement on Form F-3 (File No. 333-286185) and Registration Statement on Form S-8 (File No. 333-176922), in each case to the extent not superseded by information subsequently filed or furnished (to the extent we expressly state that we incorporate such furnished information by reference) by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, in each case as amended.
A copy of the press release announcing the termination of the Agreement is also furnished hereto as Exhibit 99.2 of this Form 6-K and is incorporated by reference herein.
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING INFORMATION
This Form 6-K, and the documents to which the Company refers in this Form 6-K, as well as information included in oral statements or other written statements made or to be made by the Company, contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act, with respect to our financial condition, results of operations and business and our expectations or beliefs concerning future events. Words such as, but not limited to, “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “targets,” “projects,” “likely,” “would,” “will,” “could,” “should,” “may,” “forecasts,” “potential,” “continue,” “possible” and similar expressions or phrases may identify forward-looking statements.
All forward-looking statements involve risks and uncertainties. The occurrence of the events described, and the achievement of the expected results, depend on many events, some or all of which are not predictable or within our control. Actual results may differ materially from expected results.
In addition, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include:
| ● | general dry bulk shipping market conditions, including fluctuations in charter rates and vessel values; |
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| ● | the strength of world economies; |
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| ● | the stability of Europe and the Euro; |
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| ● | fluctuations in currencies, interest rates and foreign exchange rates; |
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| ● | business disruptions due to natural and other disasters or otherwise, such as the impact of any future epidemics; |
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| ● | the length and severity of epidemics and pandemics and their impact on the demand for seaborne transportation in the dry bulk sector; |
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| ● | changes in supply and demand in the dry bulk shipping industry, including the market for our vessels and the number of new buildings<br>under construction; |
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| ● | the potential for technological innovation in the sector in which we operate and any corresponding reduction in the value of our vessels<br>or the charter income derived therefrom; |
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| ● | changes in our expenses, including bunker prices, dry docking, crewing and insurance costs; |
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| ● | changes in governmental rules and regulations or actions taken by regulatory authorities; |
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| ● | the impact of current and potential additional trade tariffs on global trade and demand for dry bulk shipping; |
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| ● | the risk that trade disputes between U.S. and Chinese officials could result in the reimplementation of significant port fees that<br>may impact our fleet; |
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| ● | potential liability from pending or future litigation and potential costs due to environmental damage and vessel collisions; |
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| ● | the impact of increasing scrutiny and changing expectations from investors, lenders, charterers and other market participants with<br>respect to our Environmental, Social and Governance (“ESG”) practices; |
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| ● | our ability to carry out our ESG initiatives and thereby meet our ESG goals and targets; |
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| ● | new environmental regulations and restrictions, whether at a global level stipulated by the International Maritime Organization, and/or<br>regional/national imposed by regional authorities such as the European Union or individual countries; |
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| ● | potential cyber-attacks which may disrupt our business operations; |
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| ● | general domestic and international political conditions or events, including, among others, “trade wars,” the ongoing<br>conflict between Russia and Ukraine, the conflict between Israel and Hamas, the conflict between the United States, Israel and Iran and<br>the attacks in the Strait of Hormuz, the Red Sea and the Gulf of Aden; |
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| ● | the impact on our common shares and reputation if our vessels were to call on ports located in countries that are subject to restrictions<br>imposed by the United States or other governments; |
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| ● | our ability to successfully compete for, enter into and deliver our vessels under time charters or other employment arrangements for<br>our existing vessels after our current charters expire and our ability to earn income in the spot market; |
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| ● | potential physical disruption of shipping routes due to accidents, climate-related reasons (acute and chronic), political events,<br>public health threats, international hostilities and armed conflicts, piracy or acts by terrorists; |
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| ● | the availability of financing and refinancing; |
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| ● | the failure of our contract counterparties to meet their obligations; |
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| ● | our ability to meet requirements for additional capital and financing to complete our newbuilding program and grow our business; |
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| ● | the impact of our indebtedness and the compliance with the covenants included in our debt agreements; |
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| ● | vessel breakdowns and instances of off-hire; |
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| ● | potential exposure or loss from investment in derivative instruments; |
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| ● | potential conflicts of interest involving our Chief Executive Officer, his family and other members of our senior management; |
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| ● | our ability to complete acquisition transactions or secondhand vessel purchases as and when planned and upon the expected terms; |
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| ● | the impact of port or canal congestion or disruptions; and |
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| ● | the risk factors and other factors referred to in the Company’s reports filed with or furnished to the U.S. Securities and Exchange<br>Commission (“SEC”). |
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Consequently, all of the forward-looking statements we make in this document are qualified by the information contained or referred to herein, including, but not limited to, (i) the information contained under this heading and (ii) the information disclosed in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the SEC on March 19, 2026.
You should carefully consider the cautionary statements contained or referred to in this section in connection with any subsequent written or oral forward-looking statements that may be issued by us or persons acting on our behalf. Except as required by law, the Company undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events, a change in the Company’s views or expectations or otherwise, except as required by applicable law. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: August 10, 2026
| STAR BULK CARRIERS CORP. | ||
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| By: | /s/ Simos Spyrou | |
| Name: | Simos Spyrou | |
| Title: | Co-Chief Financial Officer | |
| Exhibit No. | Description of Exhibit | |
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| 99.1 | Termination Letter, dated August 10, 2026 | |
| 99.2 | Joint Press Release, dated August 10, 2026 |
Exhibit 99.1
August 10, 2026
Star Bulk Carriers Corp.
40 Agiou Konstantinou Str
Marousi, 15124 GREECE
Attention: Christos Begleris, Simos Spyrou
Email: [email protected]; [email protected]
Christos, Simos:
Reference is made to that certain Agreement for the Sale and Purchase of 16 Vessels, dated March 6, 2026 (the “Agreement”), by and between Star Bulk Carriers Corp. (“Star Bulk”) and Diana Shipping Inc. (“Diana”). Capitalized terms used but not defined in this letter shall have the meaning set forth in the Agreement.
Following Star Bulk’s request, I am writing to confirm that, effective as of the date of this letter (the “Effective Date”), Star Bulk and Diana have mutually agreed that (i) Star Bulk shall be released from its commitment and obligation to purchase (directly or indirectly) any and all of the Vessels from Diana, (ii) Diana shall be released from its commitment and obligation to sell (directly or indirectly) any and all of the Vessels to Star Bulk, and (iii) notwithstanding anything set forth in the Agreement to the contrary, the Agreement and all rights and obligations of each of Star Bulk, Diana, and their respective subsidiaries and affiliates shall terminate and cease to be of any further force or effect on the Effective Date, without further obligation or liability of any party thereunder.
On behalf of Diana, I wish to express my gratitude for Star Bulk’s partnership throughout this process.
Yours Sincerely,
| /s/ Semiramis Paliou |
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Director and Chief Executive Officer
Exhibit 99.2
| Diana Corporate<br>Contact:<br><br>Margarita Veniou<br><br>Chief Corporate Development, Governance &<br><br>Communications Officer and Board Secretary<br><br>Tel: + 30-210-9470-100<br><br>Email: [email protected]<br><br>Website: www.dianashippinginc.com<br><br>X: @Dianaship<br><br>Diana Investor Relations<br>Contact:<br><br>Nicolas Bornozis / Daniela Guerrero<br><br>Capital Link, Inc.<br><br>Tel: (212) 661-7566<br><br>Email: [email protected]<br><br>Bruce Goldfarb / Chuck Garske / Lisa Patel<br><br>Okapi Partners<br><br>Tel:(212) 297-0720<br><br>[email protected]<br><br>Diana Media Contact:<br><br>Mark Semer / Grace Cartwright<br><br>Gasthalter & Co.<br><br>Tel: (212) 257-4170<br><br>[email protected]<br><br>Star Bulk Corporate Contact:<br><br>Simos Spyrou, Christos Begleris<br><br>Co - Chief Financial Officers<br><br>Email: [email protected]<br><br>Star Bulk Investor Relations / Financial Media Contact:<br><br>Nicolas Bornozis<br><br>Capital Link, Inc.<br><br>Tel. (212) 661-7566<br><br>E-mail: [email protected] |
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DIANA SHIPPING INC. AND STAR BULK CARRIERS ANNOUNCE MUTUAL AGREEMENT TO TERMINATE VESSEL SALE AND PURCHASE AGREEMENT
Diana's Offer to Acquire All Outstanding Shares of Genco Remains on the Table
Termination of Agreement Has No Impact on Diana’s $1.411 Billion in Committed Financing
Nearly Eight Weeks Have Passed Since Diana Delivered Its Revised Offer and the Genco Board Has Delayed Providing a Substantive Response
Athens, Greece – August 10, 2026 – Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), and Star Bulk Carriers Corp. (Nasdaq: SBLK) (“Star Bulk”) today announced that following Star Bulk’s request, the parties have mutually terminated their agreement under which Star Bulk would acquire 16 Genco vessels upon completion of Diana's proposed acquisition of Genco.
Diana’s offer to acquire all outstanding Genco shares not already owned by Diana comprised of $24.80 per share in cash (adjusted for Genco’s recently declared dividend of $0.80) plus one Diana share valued at $2.54 based on Diana’s 30-day volume-weighted average price as of June 16, 2026, remains on the table. The termination of the sale and purchase agreement with Star Bulk has no effect on Diana’s fully committed $1.411 billion financing for the proposed Genco transaction, from six leading international banks with no financing condition.
Semiramis Paliou, Diana’s Chief Executive Officer, commented:
“We are grateful to Star Bulk for their partnership and support throughout this process, and we respect their desire to move on at this time. The termination of the agreement eliminates one of Genco’s concerns regarding our proposal and our fully financed offer remains on the table. We continue to call on the Genco Board to engage with us directly and in good faith to reach a transaction that delivers full and fair value to all Genco shareholders.”
Petros Pappas, Star Bulk’s Chief Executive Officer, commented:
“Star Bulk was proud to support Diana’s proposed acquisition of Genco, which represents a compelling opportunity to create significant value for Genco shareholders. At this time, given the Genco Board’s unwillingness to negotiate, which deprives their shareholders of this opportunity, we have made the decision to withdraw from our vessel purchase agreement. We continue to believe in the financial and strategic merits of Diana’s efforts and wish them success as they continue to pursue this transaction.”
About Diana Shipping Inc.
Diana Shipping Inc. (NYSE: DSX) is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. Diana’s vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
About Star Bulk Carriers Corp.
Star Bulk Carriers Corp. (“Star Bulk”) is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk’s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, New York, Stamford and Singapore.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this communication and other statements made by Diana, may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the intent, beliefs, expectations, objectives, goals, future events, performance or strategies and other statements of Diana or its management team, which are other than statements of historical facts.
These forward-looking statements relate to, among other things, Diana’s proposal to acquire Genco and the anticipated benefits of such a transaction, and Diana’s ability to finance such transaction. Forward looking statements can be identified by words such as “believe,” “will,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release and in other statements made by Diana or Star Bulk, as applicable, are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in Diana’s records, Genco’s public filings and disclosures and data available from third parties. Although Diana believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond its control, Diana cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
The forward-looking statements in this communication are based on current expectations, assumptions, and estimates, and are subject to numerous risks and uncertainties. These include, without limitation, risks relating to: (i) the possibility that the proposed transaction may not proceed; (ii) the ability to obtain regulatory or shareholder approvals, if required; (iii) the risk that Genco’s Board of Directors or management may continue to oppose the proposal or not respond to further attempted engagement by Diana; (iv) failure to realize anticipated benefits of the transaction; (v) changes in the financial or operating performance of Diana, Star Bulk or Genco; and (vi) general economic, market, and industry conditions. These and other risks are described in documents filed by Diana with, or furnished by Diana to, the U.S. Securities and Exchange Commission (“SEC”), including its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, and its other subsequent documents filed with, or furnished to, the SEC, and are described in documents filed by Genco with, or furnished by Genco to, the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and its other subsequent documents filed with, or furnished to, the SEC. Diana undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.