Eagle Bulk acquires Hamburg Eagle ultramax vessel
Published by Stephanie Roker,
Editor
Dry Bulk,
Eagle Bulk Shipping Inc., one of the world’s largest owner-operators in the supramax/ultramax segment, has announced that it has taken delivery of its newly acquired vessel, the M/V Hamburg Eagle, a 2014-built SDARI-64 ultramax.
The acquisition has been funded by cash on-hand and new debt equating to US$12.8 million. This new loan represents an upsize to the existing Eagle Bulk Ultraco LLC loan facility, which carries an interest rate of LIBOR plus 2.95% and has a maturity of 31 October 2022.
With the addition of the M/V Hamburg Eagle, the company’s fleet is now comprised of 47 vessels, including 13 ultramaxes acquired over the last 24 months.
Read the article online at: https://www.drybulkmagazine.com/shipping/24102018/eagle-bulk-acquires-hamburg-eagle-ultramax-vessel/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
AntwerpXL’s 40 Under 40 revealed
The world’s top 40 professionals working in breakbulk, project cargo and heavy lift under the age of 40 have been identified by AntwerpXL.