Eagle Bulk Shipping has pulled off a neat piece of asset play on three bulkers it had designated as “non-core” to its fleet, according to market sources familiar with the transaction.
The sources were able to confirm the sale of the 58,000-dwt Sankaty Eagle, Montauk Eagle and Newport Eagle (all built 2011) for an en-bloc total closer to $49m than the $48m circulated in broker reports.