Eagle Bulk Shipping Buys Ultramax Dry Bulker

Eagle Bulk Nasdaq-listed bulker owner and operator Eagle Bulk Shipping Inc. has bought a 61,000 dwt Ultramax dry bulk vessel constructed at Nantong COSCO Kawasaki Heavy Industries Engineering Co., Ltd. (NACKS). The 2016-built bulker, scheduled to be delivered to the company in November, will be renamed the M/V Stamford Eagle. Eagle Bulk said that this is the first vessel acquisition for the company in more than 6 years and reflects managements renewed commitment to invest in a high-quality fleet renewal and growth strategy within the Supramax/Ultramax segment. Featuring a length of 200 meters and a width of 32.2 meters, the 34,447 gross ton ship has a capacity of 77,546 cubic meters. The vessel, which has a market value of USD 19.7 million, was previously named Port Belavista, according to data provided by VesselsValue. World Maritime News Staff