Eagle Bulk Shipping has returned to the sale-and-purchase market, swooping for a modern ultramax bulker in a deal that shows a softening of asset values.
Gary Vogel’s Eagle has made the play just days after striking a refinancing with the deal following a price path laid out by its chief executive in a conference call yesterday.
Multiple shipbrokers tell TradeWinds Eagle has bought the 63,500-dwt Essence of Seatrek (built 2015).
