Mystic Eagle Joins Eagle Bulk Shipping’s Fleet

Image Courtesy: Shipspotting

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

The 63,500 dwt MV Mystic Eagle, previously named JS Tamise, joined the company’s fleet consisting of 41 vessels on the water, including 3 Ultramax ships.

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.

Under the agreement between the parties, which was first unveiled in late February 2017, the US owner initially agreed to acquire six Crown-63 Ultramaxes. The company later received an approval to acquire another three dry bulk sister vessels.

“We are pleased to have been able to secure this fleet acquisition of 9 quality Ultramax vessels, and look forward to having them join Eagle’s fleet over the coming months,” Gary Vogel, Eagle Bulk’s CEO, earlier said.

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

Image Courtesy: Shipspotting

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