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Giovine Capital increases stake to 13.6% in Starbulk Carriers
By E. Janene Geiss
Philadelphia, Jan. 8 - Giovine Capital Group LLC increased its investment to 13.6% in Starbulk Carriers Corp. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 7,989,429 shares.
Those holdings are up from the passive stake of 12.9%, or 5,865,017 shares, that Giovine Capital reported on Dec. 31, 2007.
The company first reported ownership of 9.6%, or 4,348,989 shares, on Nov. 30, 2007.
Starbulk Carriers is an Athens, Greece-based provider of transportation services for the dry bulk goods sector.
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