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Eagle Bulk to raise USD 100 million for fleet renewal

US dry bulk carrier Eagle Bulk will raise USD 100 million by selling new shares. The money will primarily be spent on purchasing new vessels, informs the company, which is headed by Gary Vogel, former Clipper CEO.

Photo: Eagle Bulk Shipping

by DANIEL LOGAN

Dry bulk carrier Eagle Bulk Shipping is selling new shares for a total of USD 100 million to private and institutional investors.

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