Eagle Bulk Shipping’s latest addition of an ultramax bulker lacks something that most of the vessels in its fleet have: an exhaust-gas scrubber.
But that was no impediment to the Stamford, Connecticut-based owner snapping up a 2015-built unit for $24.3m, as the company confirmed in a statement on Thursday.
As Eagle continues looking for strategic acquisition opportunities in 2023, it confronts a reality: it is difficult to find scrubber-fitted tonnage in a midsize sector in which only 8% of bulkers have converted, according to databases.
