Eagle Bulk Shipping (EGLE) Acquires SDARI-64 Ultramax Newbuilding Vessel

November 14, 2016 4:31 PM EST

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Eagle Bulk Shipping Inc. (Nasdaq: EGLE) announced that it has acquired a resale 2017-built 64,000 deadweight SDARI-64 Ultramax dry bulk vessel constructed at Chengxi Shipyard Co., Ltd. The vessel is scheduled to be delivered to the Company in January 2017, and will be named the M/V Singapore Eagle.

Including the acquisition of the M/V Stamford Eagle, which was announced last week, the Eagle Bulk fleet will consist of 42 owned vessels.

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