Eagle Bulk Shipping Takes Delivery of Imperial Eagle

March 5, 2010

Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced that it has taken delivery of Imperial Eagle, a Future-56 class, 56,000 dwt Supramax dry bulk vessel. The vessel has entered into a one-year time charter tied to the Baltic Supramax Index (BSI), ensuring Eagle participates directly in strong rates in the spot market while retaining the stability of a one-year charter. The Imperial Eagle represents the final of five newbuilds constructed under contract with IHI Marine United, Inc., a Japanese shipyards.
 

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

Subscribe for Maritime Logistics Professional E‑News

China blames military drills around disputed Shoal for reef damage
Winter weather in the Northeast US leads to thousands of flight cancellations and delays
Spanish family missing following boat sinking off Indonesia