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Sophocles N. Zoullas, Chairman and Chief Executive Officer, commented, "The Bittern is the first of a new series of ultra-modern 58,000 dwt Supramax class vessels that will continue to deliver into the Eagle Bulk fleet over the next two years. These vessels, which are characterized by superior operating efficiency, size, and maneuverability, underscore our ability to deploy assets that maximize cash flow."
About Eagle Bulk Shipping Inc.
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.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Eagle Bulk Shipping Inc.
CONTACT: Eagle Bulk Shipping Inc. Investor Contact Alan Ginsberg, Chief Financial Officer (212) 785-2500 Perry Street Communications Media Contact Jonathan Morgan (212) 741-0014
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