SDARI-64 Ultramax Newbuilding Vessel Joins Eagle Bulk Shipping fleet

By Vessels

Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (Eagle Bulk) today announced that it has acquired a resale 2017-built 64,000 deadweight SDARI-64 Ultramax drybulk vessel constructed at Chengxi Shipyard Co., Ltd.

The vessel is scheduled to be delivered to the Company in January 2017, and will be named the M/V Singapore Eagle.

SDARI-64 Ultramax Newbuilding Vessel Joins Eagle Bulk Shipping fleet

Including the acquisition of the M/V Stamford Eagle, which was announced last week, the Eagle Bulk fleet will consist of 42 owned vessels.

Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in Stamford, Connecticut.

Eagle owns one of the largest fleets of Supramax dry bulk vessels in the world. Supramax vessels, which are constructed with on-board cranes, range in size from approximately 50,000 to 65,000 dwt. The Company transports a broad range of major and minor bulk cargoes, including but not limited to coal, grain, ore, pet coke, cement and fertilizer, along worldwide shipping routes.

Source: Eagle Bulk Shipping