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NetworkNewsBreaks – Eagle Bulk Shipping, Inc. (NASDAQ: EGLE) Takes Delivery of M/V Madison Eagle

Company: Eagle Bulk Shipping, Inc. (EGLE)
Category: News

Shares of Eagle Bulk Shipping (NASDAQ: EGLE) rose 1% this morning after the owner and operator of a fleet of dry bulk vessels said that it has taken delivery of the M/V Madison Eagle. The M/V Madison Eagle marks the eighth out of nine Crown-63 Ultramax dry bulk sister vessels Eagle Bulk has acquired from Greenship Bulk Trust. With the addition of the M/V Madison Eagle, the Eagle Bulk fleet currently entails of 47 vessels on the water including 10 Ultramax vessels, with one additional vessel to be delivered by the end of September.

To view the full press release, visit: http://nnw.fm/T1JhV

About Eagle Bulk Shipping

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. For more information, visit www.eagleships.com.

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