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  • Eagle Bulk Shipping Inc. Takes Delivery of Martin 0 comments
    Aug 31, 2010 10:07 AM | about stocks: EGLE

     

    39th Vessel Joins the Fleet With $44 Million in Contracted Revenue

    NEW YORK, Aug. 31, 2010 (CRWENEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced that it has taken delivery of the Martin, a 58,000 dwt Supramax drybulk vessel. The Martin has entered into a 6.5 year time charter at a rate of $18,400 per day and will contribute over $44 million in contracted revenue.

    About Eagle Bulk Shipping Inc.

    Eagle Bulk Shipping, Inc., headquartered in New York City, is a leading global owner of Supramax dry bulk vessels, which are dry bulk vessels that range in size from 50,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.

    Contact:

    Eagle Bulk Shipping Inc.
    Investor Contact
    Alan Ginsberg, Chief Financial Officer
    (212) 785-2500
    Perry Street Communications
    Media Contact
    Jonathan Morgan
    (212) 741-0014

     

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    Disclosure: EGLE
    Stocks: EGLE
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