Eagle bulk shipping inc. acquires modern ultramax

Stamford, conn., dec. 16, 2020 (globe newswire) -- eagle bulk shipping inc. (nasdaq: egle) (“eagle bulk”, “eagle” or the “company”), one of the world's largest owner-operators within the supramax / ultramax drybulk segment, today announced that it has purchased a high-specification 2015-built sdari-64 scrubber-fitted ultramax bulkcarrier for a purchase price of usd 16 million. the ship, which will be renamed the m/v oslo eagle, was constructed at chengxi shipyard co. ltd and is expected to be delivered into the fleet during the first quarter of 2021.
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