Eagle Bulk Shipping Inc. Strengthens Fleet With Vessel Transactions

Eagle Bulk Shipping Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced several vessel transactions. The transactions, described below, bring Eagle’s contracted revenues to more than $275 million, and advance the Company’s strategy of deploying a young, efficient fleet comprised of Supramax vessels.