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Eagle Bulk Shipping Inc. acquires modern Ultramax

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Dry Bulk,

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax/Ultramax drybulk segment, has announced that it has purchased a high-specification 2017-built SDARI-64 scrubber-fitted Ultramax bulk carrier for US$15 million and a warrant for 212 315 common shares of Eagle.

The ship, which will be renamed the M/V Rotterdam Eagle, was constructed at Chengxi Shipyard Co. Ltd and is expected to be delivered into the Company’s fleet during the second quarter of 2021.

Accounting for all recently reported acquisitions, Eagle’s fleet totals 49 ships, including 24 Ultramaxes acquired over the last four years.

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