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Read all the latest news about Gary Vogel. ShippingWatch gives you independent, credible, critical and fair news

Eagle Bulk grows revenue but lost USD 19 million

Carrier Eagle Bulk was able to increase revenue in the third quarter of the year in spite of operating four ships less in its fleet compared to the same period 2015, yet the result still came to a deficit of USD 19.4 million.

Eagle Bulk buys first vessel in six years

For the first time in six years, dry bulk carrier Eagle Bulk has been in the market to buy new tonnage, namely a Chinese Ultramax-newbuilding set for delivery in November.

Eagle Bulk's deficit grew in Q1 2016

US-based carrier Eagle Bulk delivered a loss of USD 39.3 million in the first three months of the year, as the dry bulk market hit an all-time low. The carrier has divested vessels and worked on improving its financial position, says CEO Gary Vogel.

Chairman takes over as CEO of Clipper Group

Clipper Group CEO Gary Vogel is stepping down with immediate effect. Kristian Mørch also recently resigned, at now chairman Frank G. Jensen takes over responsibility for the carrier's daily operations.

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