STAR BULK CARRIERS CORP.

Ticker: SBLK CUSIP: Y8162K204 Class: Common Stock

CASPIAN CAPITAL LP's Holding History (CIK: 0001518999)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 900,000 Value ($000) $10,134 Avg Close $10.37 Range $8.62 - $12.14

Q3 2017

Shares 1,900,000 Value ($000) $18,449 Avg Close $10.41 Range $8.86 - $12.25

Q2 2017

Shares 3,167,787 Value ($000) $31,139 Avg Close $9.29 Range $7.57 - $13.40

Q1 2017

Shares 2,861,446 Value ($000) $33,994 Avg Close $9.04 Range $5.21 - $12.25

Q4 2016

Shares 3,533,104 Value ($000) $18,054 Avg Close $4.95 Range $4.04 - $6.10

Q3 2016

Shares 3,683,104 Value ($000) $16,721 Avg Close $4.22 Range $2.92 - $5.54

Q2 2016

Shares 3,011,236 Value ($000) $8,913 Avg Close $4.02 Range $2.61 - $6.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	900,000	$10,134	$10.37	$8.62 - $12.14
Q3 2017	1,900,000	$18,449	$10.41	$8.86 - $12.25
Q2 2017	3,167,787	$31,139	$9.29	$7.57 - $13.40
Q1 2017	2,861,446	$33,994	$9.04	$5.21 - $12.25
Q4 2016	3,533,104	$18,054	$4.95	$4.04 - $6.10
Q3 2016	3,683,104	$16,721	$4.22	$2.92 - $5.54
Q2 2016	3,011,236	$8,913	$4.02	$2.61 - $6.10