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Eagle Bulk executive sees best time charter rates in years

Eagle Bulk faced a deficit in 2020, but the US company expects growth in what it believes will be a strong year for dry bulk.

Photo: PR / Eagle Bulk

Eagle Bulk leaves 2020 with a drop in revenue, reporting an annual deficit of USD 35 million, a further drop from a deficit of USD 21.6 million in 2019.

The annual revenue totals USD 275.1 million against USD 292.3 million the year before, shows Eagle Bulk's 2020 annual report released this Friday.

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