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Eagle Bulk Shipping Inc. undertakes the 27th Vessel

Shipping News | December 19, 2009 | View Comments
  • Eagle Bulk Shipping Inc. yesterday announced that it has taken delivery of the Canary, a 58,000 dwt Supramax dry bulk vessel. The vessel has entered into a ten year time charter. The rate through January 2015 is $18,850 per day;

    thereafter the contract converts to a profit-sharing charter with a
    base rate of $18,000 per day. In aggregate, the Canary will contribute
    approximately $61 million in minimum contracted revenue.

    Eagle Bulk Shipping, Inc., headquartered in New York City, is a leading
    global owner of Supramax dry bulk vessels, which are dry bulk vessels
    that range in size from 50,000 to 60,000 deadweight tons, or dwt, and
    transport a broad range of major and minor bulk cargoes, including iron
    ore, coal, grain, cement and fertilizer, along worldwide shipping
    routes.

    Source: Eagle Bulk Shipping Inc.

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    • Eagle Bulk Shipping Inc. undertakes the 28th Vessel
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    • Eagle Bulk Shipping vessel adds 27th
    •      Eagle Bulk Shipping said that it has taken delivery of the 58,000-deadweight-ton Supramax dry bulk vessel Canary. The vessel has entered into a 10-year time charter at rate of $18,850 per day through January 2015.

    • Eagle Bulk Shipping takes delivery of its 27th Ship
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