{"id":133584,"date":"2020-12-30T14:32:08","date_gmt":"2020-12-30T06:32:08","guid":{"rendered":"https:\/\/splash247.com\/?p=133584"},"modified":"2020-12-30T14:32:12","modified_gmt":"2020-12-30T06:32:12","slug":"eagle-bulk-acquires-ultramax-pair","status":"publish","type":"post","link":"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/","title":{"rendered":"Eagle Bulk acquires ultramax pair"},"content":{"rendered":"\n<p>US shipowner Eagle Bulk Shipping has announced the acquisition of two modern scrubber-fitted ultramax bulk carriers, following the company\u2019s recently-announced acquisition of a similar specification vessel.<\/p>\n\n\n\n<p>Eagle Bulk has bought the 2015-built <em>Helsinki Eagle<\/em> for $16.5m and the 2016-built <em>Stockholm Eagle<\/em> for $17.65m.<\/p>\n\n\n\n<p>The company recently also acquired another 2015-built ultramax bulker for $16m.<\/p>\n\n\n\n<p>\u201cWe have continued to actively renew our fleet this past year, acquiring three modern\/efficient scrubber-fitted ultramaxes and divesting five of our vintage supramaxes, with an average age of 18 years. Over the past four years, we have turned over almost half of our fleet, acquiring 23 modern ultramaxes and selling 19 older supramaxes. These transactions have vastly improved our fleet makeup &#8211; increasing the average size of our ships, improving our fleet age profile, and reducing our emissions footprint on a per deadweight-ton basis,&#8221; said Gary Vogel, CEO of Eagle Bulk.<\/p>\n\n\n\n<p>&#8220;We believe that our fleet renewal strategy along with our active management approach to trading will help us maximize our cash generation potential and continue to deliver on our market outperformance,&#8221; Vogel added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US shipowner Eagle Bulk Shipping has announced the acquisition of two modern scrubber-fitted ultramax bulk carriers, following the company\u2019s recently-announced acquisition of a similar specification vessel. Eagle Bulk has bought the 2015-built Helsinki Eagle for $16.5m and the 2016-built Stockholm Eagle for $17.65m. The company recently also acquired another 2015-built ultramax bulker for $16m. \u201cWe &hellip;<\/p>\n","protected":false},"author":6,"featured_media":44199,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[71,57],"tags":[200],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eagle Bulk acquires ultramax pair - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eagle Bulk acquires ultramax pair - Splash247\" \/>\n<meta property=\"og:description\" content=\"US shipowner Eagle Bulk Shipping has announced the acquisition of two modern scrubber-fitted ultramax bulk carriers, following the company\u2019s recently-announced acquisition of a similar specification vessel. 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The company recently also acquired another 2015-built ultramax bulker for $16m. \u201cWe &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/\" \/>\n<meta property=\"og:site_name\" content=\"Splash247\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Splash247\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T06:32:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-30T06:32:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/splash247.com\/wp-content\/uploads\/2016\/03\/Eagle-Bulk.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"598\" \/>\n\t<meta property=\"og:image:height\" content=\"398\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jason Jiang\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@splash_247\" \/>\n<meta name=\"twitter:site\" content=\"@splash_247\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason Jiang\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/\"},\"author\":{\"name\":\"Jason Jiang\",\"@id\":\"https:\/\/splash247.com\/#\/schema\/person\/d37d8727c6882985b73682db506c8784\"},\"headline\":\"Eagle Bulk acquires ultramax pair\",\"datePublished\":\"2020-12-30T06:32:08+00:00\",\"dateModified\":\"2020-12-30T06:32:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/\"},\"wordCount\":182,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/splash247.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/splash247.com\/wp-content\/uploads\/2016\/03\/Eagle-Bulk.jpg\",\"keywords\":[\"United States\"],\"articleSection\":[\"Americas\",\"Dry Cargo\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/\",\"url\":\"https:\/\/splash247.com\/eagle-bulk-acquires-ultramax-pair\/\",\"name\":\"Eagle Bulk acquires ultramax pair - 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