Eagle Bulk Shipping Inc. Announces the Purchase of Ultramax Bulk Carrier

By Vessels

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) announced today that it has acquired a 2015-built CROWN-63 Ultramax bulk carrier for a purchase price of USD 21.275 million.  

Eagle Bulk Shipping Inc. Announces the Purchase of Ultramax Bulk Carrier
Image for illustrative purposes only - Photo credit Eagle Bulk

The vessel was constructed at Yangzhou Dayang Shipbuilding CO.,Ltd., the same yard as the nine Ultramaxes acquired by the Company earlier this year, and is of similar design.

The vessel is scheduled to be delivered to the Company in January 2018, and will be renamed the M/V New London Eagle.

Including the M/V New London Eagle, the Company’s fleet will consist of 47 vessels, including 12 Ultramaxes acquired over the last 12 months.

Source: Eagle Bulk Shipping