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Tuesday, September 25, 2018

Eagle Bulk Snaps 6-year Order Drought

Maritime Activity Reports, Inc.

November 7, 2016

U.S. based ship owner and operator Eagle Bulk Shipping Inc. has bought its first vessel in more than six years, acquiring a 2016-built dry bulk vessel constructed in China at Nantong COSCO Kawasaki Heavy Industries Engineering Co., Ltd. (NACKS), the shipper said in a statement.

The new ship, a 61,000 deadweight NACKS-61 Ultramax vessel, will be the largest in Eagle Bulk’s fleet of more than 40 vessels. It will be renamed the M/V Stamford Eagle and is scheduled for a November 2016 delivery. 

The order is Eagle Bulk’s first in more than six years and “reflects management's renewed commitment to invest in a high-quality fleet renewal and growth strategy within the Supramax/Ultramax segment,” according to the shipper.

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