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.
Eagle Bulk Shipping Inc.
Alan Ginsberg, Chief Financial Officer
Perry Street Communications
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