Eagle Bulk has confirmed the sale of two of its older vessels.
Gary Vogel-led Eagle has sold both the 53,000-dwt Wren (built 2008) and the sistership Woodstar, its second quarter report said.
Eagle says the ships secured net proceeds of $7.6m and $7.8m respectively. TradeWinds reported both sales individually in June.
John Gandolfo, an analyst at Clarksons Platou Securities, says the bulkers were sold at below the $12m Clarksons places against a 55,000-dwt ship right now.