Petros Pappas

Greece-headquartered Star Bulk will halt sailings through the Red Sea after Yemen's Iran-aligned Houthis attacked two of its ships in recent days, the group's CEO said.

The Houthis have targeted commercial vessels with drones and missiles in the Red Sea since mid-November in what they describe as acts of solidarity with Palestinians against Israel in the Gaza war.

A few days ago, a sale was completed that sets the bar for excellent quality and location holiday properties at the highest levels: Five villas on Antiparos island in the Cyclades, located on an area of 36,000 square meters in total, were sold together for a price that sources say amounted to 42 million euros.

Star Bulk Carriers Corp said it would buy Oceanbulk Shipping LLC and Oceanbulk Carriers LLC in an all-stock deal to create the largest US-listed dry-bulk shipper.

Star Bulk is issuing 54.104 million new shares to buy the Oceanbulk companies, valuing the deal at about $653 million based on Star Bulk’s Friday close of $12.07.