New York-listed Eagle Buk Shipping completed a bit of Christmas shopping over the holidays, closing the reported buy of the 63,600-dwt Stony Stream (built 2015) for $24.2m.
The Connecticut-based owner had been said to be negotiating the purchase without any closure of the deal at TradeWinds' last report on 19 December.
Market sources are now confirming that the ultramax purchase has been sealed, pushing Eagle Bulk's fleet to 54 vessels.
