Stonington Eagle Handed Over to Eagle Bulk

Image Courtesy: Shipspotting

Connecticut-based operator of dry bulkers Eagle Bulk Shipping has taken delivery of M/V Stonington Eagle, the third ship of the recently bought nine Crown-63 Ultramax dry bulk sister vessels from Greenship Bulk Trust.

The 63,500 dwt Stonington Eagle, previously named JS Garonne, was built by Chinese shipbuilder Dayang Shipbuilding in 2012. Currently, the ship has a market value of USD 17.06 million, VesselsValue’s data shows.

The bulker joins the company’s fleet of 43 vessels on the water, including five Ultramaxes.

The remaining six Ultramaxes are expected to be handed over to Eagle Bulk over the coming months. Following their delivery, the company’s owned fleet will consist of 49 bulkers.

Under the deal, which was first unveiled in late February 2017, Eagle Bulk Shipping agreed to acquire six Crown-63 Ultramaxes, while an additional three ships were contingent upon final approval from Greenship’s unit holders. The approvals for the additional vessels were granted in March 2017.

The company acquired the nine ships, to be renamed after Connecticut coastal towns, for a total of USD 153 million.

Image Courtesy: Shipspotting

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

CWC World LNG & Gas Series: Americas Summit

Now in its 15th year, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG event in the Americas region.

Bringing together the key players in the LNG & gas value chain in both the Americas region and globally, this is the perfect place to make new contacts, do deals and get essential updates on the market.

This year we return to Houston, TX once again on 20-23 June 2017 – the heart of the energy industry, making it easier than ever to access they key players in your business.

More info

read more >

Nor-Shipping 2017

Nor-Shipping is the leading maritime event week. Their top-quality exhibition, high-level conferences and prime networking opportunities…

read more >

2ND ANNUAL PORTS AND TERMINALS INSURANCE SEMINAR

DETAILED GUIDANCE ON HOW THE INSURANCE MARKET IS CHANGING, HOW RISKS ARE ASSESSED AND WHAT…

read more >

2ND ANNUAL ADVANCED CHARTERING MASTERCLASS

The Advanced Chartering Masterclass will focus on the particularly difficult issues in charterparty agreements and our experts will help you find solutions…

read more >