Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) announced that it has purchased a high-specification 2015-built SDARI-64 Ultramax bulk carrier for a purchase price of USD 20.4 million.
The ship, which has been renamed the M/V Cape Town Eagle, was constructed at Cosco Zhoushan Shipyard Co. Ltd, and is of the same design as the M/V Hamburg Eagle and M/V Singapore Eagle.
The M/V Cape Town Eagle has been acquired with an existing time charter that has a remaining term of approximately one year at...