Eagle Bulk Shipping, Inc. Announces Delivery of Supramax Dry Bulk Vessel

Eagle Bulk Shipping, Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced that it has taken delivery of the Skua, a 2003 built 53,350 dwt Supramax dry bulk vessel. The Skua was acquired as part of a three vessel transaction announced on February 28, 2007.