1/23/2019 7:30:32 AMEagle Bulk Shipping Inc. Acquires a Modern Ultramax and Sells Two 18-Year Old Supramaxes
Separately, and as part of the Company’s ongoing fleet renewal program, Eagle announced it has sold the M/V Condor and M/V Merlin, both 2001-built 50,000 deadweight ton vessels, for an aggregate gross price of
After the delivery of the M/V Cape Town Eagle and sale of the two vessels, the Company’s fleet will consist of 46 ships, including 14 Ultramax drybulk vessels acquired over the last 24 months.
Finally, the Company announced that is has declared the three remaining options it held for exhaust gas cleaning systems, or scrubbers, bringing the total on order to 37 units.
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Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect management's current expectations and observations with respect to future events and financial performance. Where the Company expresses an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, the Company's forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by those forward-looking statements. The Company's actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including changes in the Company’s financial resources and operational capabilities and as a result of certain other factors listed from time to time in the Company's filings with the
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