It was another quarter of profits and dividend distributions for Connecticut-based Eagle Bulk Shipping, but the company reported lower numbers across the board that showed the effects of a cooling dry bulk market.
Gary Vogel-led Eagle turned in a net profit of $77.2m, or $5.94 per share, which was slightly weaker than the $78.3m and $6.12 per share reported in the third quarter of 2021.
