ShippingWatch

Eagle Bulk sets sights on more ships following multiple acquisitions

Ship operator Eagle Bulk plans to continue expanding and renewing its fleet, CEO Gary Vogel tells ShippingWatch following the acquisition of a number of ships. A record-low order book, caused by environmental regulations and the prospects of a prolonged upward cycle, makes the CEO optimistic.

Photo: Marine Money

Dry bulk ship operator Eagle Bulk has carried out a large number of ship purchases in the past year, a trend that will continue in the year ahead.

The US-based dry bulk operator has acquired seven dry bulk vessels between November and February, primarily from its competitor Scorpio Bulkers, which decided to put up its entire fleet for sale to raise funds for an offshore wind venture.

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