Eagle Bulk

Eagle Bulk Acquires 2 Ultramax Bulkers

  • Eagle Bulk acquires 2 ultramax bulkers equipped with scrubbers.
  • The two vessels will be renamed “Antwerp Eagle” and “Valencia Eagle”.
  • Vessels, adopting SDARI-64 design, will join Eagle Bulk’s fleet in the third quarter of 2021.

Eagle Bulk has announced the acquisition of two high-spec ultramax bulk carriers built in 2015 and equipped with scrubbers for $44 million, reports Xindemarinenews.

Vessels to be renamed

The two vessels, which will be renamed “Antwerp Eagle” and “Valencia Eagle”, will...

https://mfame.guru/eagle-bulk-acquires-2-ultramax-bulkers/

Is dry bulk shipping’s strange Q1 a sign of strength to come?

Dry bulk ships

It has been a particularly strange Q1 for dry bulk shipping. Usually, the larger ships — Capesizes with capacities of around 180,000 deadweight tons (DWT) that carry iron ore and coal — do poorly all quarter. This year, they did better in January than they had in a decade before succumbing to their usual slump.

Then came another oddity: The smaller bulkers began earning much more money than the Capesizes. As of Tuesday, Handysize bulkers (up to 35,000 DWT) were earning $19,400 per day, according...

https://s29755.pcdn.co/news/is-dry-bulk-shippings-strange-q1-a-sign-of-strength-to-come

Linden latest addition to Bristol Harbor Group’s architects and engineers

Bristol Harbor Group Inc. (BHGI), Bristol, R.I., recently announced that Tommy Linden is the company’s most recent addition to its naval architecture and marine engineering practice. Linden has joined BHGI as a naval architect. He graduated from the Webb Institute in Glen Cove, N.Y. with a B.S. in Naval Architecture and Marine Engineering.

During his time at Webb, he interned at BHGI, the Naval Surface Warfare Center Carderock Division, Eagle Bulk, Newport News Shipbuilding, and General Dynamics...

https://www.workboat.com/news/people-and-products/linden-latest-addition-to-bristol-harbor-groups-architects-and-engineers/

Eagle Bulk Shipping Inc. Acquires Modern Ultramax

Eagle Bulk Shipping Inc. (EGLE), one of the world’s largest owner-operators within the Supramax / Ultramax segment, has taken delivery of the previously agreed first of six modern Ultramax drybulk vessels, reports Yahoo Finance.

High specification scrubber

The ship, which has been renamed the M/V Dublin Eagle, is a 2015-built. 

It is high specification scrubber-fitted SDARI-64 Ultramax vessel built at Jiangsu New Hantong Ship Heavy Industry Co., Ltd.

Vessel acquisition in line

Proforma for the five...

http://mfame.guru/eagle-bulk-shipping-inc-acquires-modern-ultramax/

Major vessel Owner’s Reposition Fleets for Scrubber Installation

There has been a significant switch in trading basins as companies bring dry dockings forward to equip their vessels with scrubbers, reports Riviera Maritime Media.

Eagle Bulk Shipping  earnings report

Public shipping company Eagle Bulk Shipping owns 45 dry bulk carriers. In reporting the company’s second quarter results, Eagle Bulk’s chief executive officer Gary Vogel referred to an unusual displacement of the fleet in 2019 between the main trading basins.

“We currently have a greater percentage...

http://mfame.guru/major-vessel-owners-reposition-fleets-for-scrubber-installation/

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