Greece's Star Bulk Carriers is trying to boosting its liquidity in a deal with Pareto Securities.

The bulker owner said it had signed a market maker agreement from Tuesday.

"The purpose of the agreement is to enhance liquidity in the trading of the company's shares, listed on Oslo Stock Exchange," it added.

A market maker usually undertakes to buy or sell at specified prices at all times.

The company continues to buy back its own stock under a $55m scheme, meanwhile.

It bought another 150,000 at an average price of $7.56 each on Monday, for a total of $1.13m.

Star Bulk did not give an update on a total for the programme, however.