Found something to notice:
Your game is running on the desktop directory,
please move to a proper (not windows protected) directory like C:\\Starmade
Beside that fact, your game hangs right after this line:
[2014-03-21 14:49:01] [GLFRAME] Content has been loaded
In my game the next line is:
[2014-03-21 14:49:02] FOUND IMPORT: data/shader/shadow.glsl; on data//shader/cube/quads13/cubeTArray.fsh
I hope you didnt use the necro-bumped fix about fiddling around with that file.
Please try that thread for fixing it, since it looks like your game crashes at 100%.
http://star-made.org/content/intelr-hd-graphics-family-full-fix
I guess its java-version-related, because I cant see any reason or message, why it does not continue loading.
In case this is not helping, tra redownloading the launcher in a new emtpy directory and let it redownload the game via \'update and install latest\'.
In case nothing helps, please post the last line of the log.0.txt in your /logs directory.
- Andy