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.

by JOHANNES HARTKOPF-MIKKELSEN

Eagle Bulk, headed by former Clipper CEO Gary Vogel, finished the third quarter of 2016 with a deficit of USD 19.4 million.

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