Sixth Crown Vessel Delivered to Eagle Bulk

  • Business & Finance

US-based ship operator Eagle Bulk Shipping has taken delivery of MV Groton Eagle, the sixth of nine Crown-63 Ultramax dry bulk sister vessels it purchased from Greenship Bulk Trust  in March 2017.

With the addition of the 63,500 dwt MV Groton Eagle, previously named JS Narmada, Eagle Bulk’s fleet increased to 46 vessels on the water.

The bulk carrier was constructed in 2013 by China’s shipbuilder Dayang Shipbuilding.

Following the delivery of the remaining eight Ultramaxes, which are scheduled to join Eagle Bulk Shipping’s fleet over the coming months, the company’s pro-forma owned-fleet will consist of 49 Supramaxes and Ultramaxes.

The US owner initially agreed to acquire six Crown-63 Ultramaxes, according to an agreement unveiled in late February 2017. The company later received an approval to acquire another three dry bulk sister vessels.

Eagle Bulk purchased the ships, which would be renamed after Connecticut coastal towns, for a total of USD 153 million.

Related news

List of related news articles