Eagle Bulk Shipping Takes The Fleet To 54 With $ 24.3m UltraMax Buy | Sailorinsight
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Eagle Bulk Shipping takes the fleet to 54 with $ 24.3m UltraMax buy

Eagle Bulk

US-based Eagle Bulk Shipping has expanded its fleet by purchasing a 2015-built Ultramax bulker for $24.3m.

The Chengxi Shipyard-built ship will deliver in the first quarter and be renamed Gibraltar Eagle.

Following this transaction, the Gary Vogel-led New York-listed bulker owner will have a fleet of 54 ships of which nearly 90% are scrubber-fitted with an average age of 9.5 years.

Stamford-headquartered Eagle Bulk has executed 52 sale and purchase transactions since the commencement of its vessel renewal and growth program, acquiring 31 modern vessels and divesting 21 of its oldest and least efficient ships.

Adis is an experienced news reporter with a background in finance, media, and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of the International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News, and Marine Energy.

Source:  splash247

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