US bulker operator Eagle Bulk has acquired the 2015-built ultramax bulker Queen Cuki from UK-based Lomar Shipping.
Shipbroking sources confirmed that the 63,800 dwt vessel has been sold for $20.4m and renamed Cape Town Eagle.
The sale includes a balance time charter for 12-18 months at index rate with a floor.
The latest purchase has expand the company’s owned fleet to 48 vessels, made up of 14 ultramaxes and 34 supramaxes.