Eagle Bulk Takes Delivery of M/V Fairfield Eagle
June 09 2017 - 8:30AM
Eagle Bulk Shipping, Inc. (Nasdaq:EGLE) today announced that it has
taken delivery of the M/V Fairfield Eagle, the fifth of nine
Crown-63 Ultramax dry bulk sister vessels the Company acquired from
Greenship Bulk Trust.
Gary Vogel, Eagle Bulk’s CEO, commented, “The
delivery of the M/V Fairfield Eagle, the fifth of nine ships
acquired from Greenship Bulk Trust, highlights our ability to
deliver on key strategic priorities, including fleet growth and
renewal, as well as the continued development of our active
owner-operator business model.”
With the addition of the M/V Fairfield Eagle,
the Eagle Bulk fleet currently consists of 45 vessels on the water,
including seven Ultramax vessels with another four Ultramax vessels
from Greenship Bulk Trust set to be delivered over the coming
months.
About Eagle Bulk ShippingEagle
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.
Forward-Looking
StatementsMatters discussed in this release may constitute
forward-looking statements. Forward-looking statements reflect
management's current expectations and observations with respect to
future events and financial performance. Where the Company
expresses an expectation or belief as to future events or results,
such expectation or belief is expressed in good faith and believed
to have a reasonable basis. However, the Company's forward-looking
statements are subject to risks, uncertainties, and other factors,
which could cause actual results to differ materially from future
results expressed, projected, or implied by those forward-looking
statements. The Company's actual results may differ
materially from those anticipated in these forward-looking
statements as a result of certain factors, including changes in the
Company’s financial resources and operational capabilities and as a
result of certain other factors listed from time to time in the
Company's filings with the U.S. Securities and Exchange
Commission. The Company disclaims any intent or obligation to
update publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, except as may be
required under applicable securities laws.
Company Contact
Frank De Costanzo
Chief Financial Officer
Eagle Bulk Shipping Inc.
Tel. +1 203-276-8100
Media and Investor Contact
Jonathan Morgan or Alex Hinson
Perry Street Communications
212-741-0014
eagle@perryst.com
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