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5 months ago
BRIEF-Eagle Bulk Shipping announces agreement to acquire up to 9 ultramax vessels
February 28, 2017 / 10:37 PM / 5 months ago

BRIEF-Eagle Bulk Shipping announces agreement to acquire up to 9 ultramax vessels

1 Min Read

Feb 28 (Reuters) - Eagle Bulk Shipping Inc

* Eagle Bulk Shipping announces agreement to acquire 9 ultramax vessels

* Eagle Bulk Shipping - to purchase a minimum of 6 and up to 9 crown-63 ultramax dry bulk sister vessels for an aggregate price of $153 million

* Eagle Bulk Shipping - deliveries are anticipated to commence in April of this year

* Eagle Bulk Shipping -agreement includes acquisition of 6 vessels, with additional 3 vessels contingent upon final approval from greenship's unit holders

* Eagle Bulk Shipping - assuming successful delivery of all 9 vessels as per deal, Eagle Bulk fleet will consist of 50 owned vessels

* Eagle Bulk Shipping - vessels, which range in age from 2 - 5 years, will be acquired from greenship bulk trust Source text for Eikon: Further company coverage:

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