Another Ultramax Joins Eagle Bulk’s Fleet

Business & Finance

US-based ship owner and operator Eagle Bulk Shipping has taken delivery of the third of six recently acquired Ultramax drybulk vessels.

Illustration; Source: PxHere under CC0 Creative Commons license

The 78,500 cbm Nautical Jenniffer has been renamed the M/V Copenhagen Eagle.

It is a scrubber-fitted SDARI-64 Ultramax vessel built at Jiangsu New Hantong Ship Heavy Industry in China in 2015.

Announced earlier this year, the acquisition of the six scrubber-fitted Ultramaxes is part of the company’s strategy to renew and grow its fleet. It is expected to increase Eagle Bulk’s leverage to the opportunities the IMO 2020 will present.

The first two bulkers from the batch, Dublin Eagle and Sydney Eagle, were handed over to the company in September 2019.

Once the three remaining acquisition vessels are delivered, the company’s fleet will total 50 ships, including 20 Ultramax drybulk vessels acquired over the last 36 months.