Eagle Bulk Shipping: The Eagle Will Continue To Fly
Summary
- Russia - Ukraine conflict is more of an opportunity rather than a risk to EGLE.
- Being solely focused in the Supramax/Ultramax segment, the company is exposed to a lower degree of freight rate volatility.
- Most of the vessels of the company are scrubber fitted, meaning that they can exploit the HSFO/VLSFO price differential.
- The company is cash-rich with a strong balance sheet and a straightforward dividend policy.
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