Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Eagle Bulk Buys Ultramax Bulkcarrier

December 19, 2017

 Eagle Bulk Shipping announced that it has acquired a 2015-built CROWN-63 Ultramax bulkcarrier for a purchase price of USD 21.275 million.  

 
The vessel was constructed at Yangzhou Dayang Shipbuilding CO.,LTD., the same yard as the nine Ultramaxes acquired by the Company earlier this year, and is of similar design.  
 
The vessel is scheduled to be delivered to the Company in January 2018, and will be renamed the M/V New London Eagle.
 
Including the M/V New London Eagle, the Company’s fleet will consist of 47 vessels, including 12 Ultramaxes acquired over the last 12 months.
 
Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in Stamford, Connecticut. Eagle Bulk owns one of the largest fleets of Supramax/Ultramax dry bulk vessels in the world. 
 
Supramax/Ultramax vessels, which are constructed with on-board cranes, range in size from approximately 50,000 to 65,000 dwt. 
 
The Company transports a broad range of major and minor bulk cargoes, including but not limited to coal, grain, ore, pet coke, cement and fertilizer, along worldwide shipping routes.
 

Logistics News

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Subscribe for Maritime Logistics Professional E‑News

Why the funding request for Air India has been scrutinized by Singapore politicians
Americans invest money, bring technology and share lessons in Australia's shale field
US watchdog will review whistleblower warnings on voting rules