Eagle Bulk four orders ships

Eagle Bulk Shipping Orders Ships

Eagle Bulk Shipping Inc. exercised options for the construction of four 58,000 dwt Supramax vessels from the Sinopacific Shipbuilding Group, the parent of the Yangzhou Dayang Shipbuilding Co. at a contract price of $42.3 million per vessel.

The availability of these options was initially reported by Eagle Bulk on August 7, 2007. The addition of these vessels to the Eagle fleet increases the total fleet size to 53 vessels, expands capacity to 2.93 million deadweight tons, and improves the fleet's efficiency by increasing the sister ship total to 45 vessels.

The four Supramax sister vessels are as follows:

Besra      58,000   Oct 2010  Charter Free
Cernicalo 58,000   Jan 2011  Charter Free
Fulmar    58,000    Jul 2011  Charter Free
Goshawk 58,000   Sep 2011  Charter Free

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