Eagle Bulk Shipping has acquired a 2014-built Ultramax bulk carrier for a purchase price of US$21.2 million.
The ship was constructed at Chengxi Shipyard, the same yard as Eagle Bulk's Singapore Eagle.
The vessel, which will be renamed Hamburg Eagle, is scheduled to be delivered to the Eagle Bulk during the fourth quarter of 2018.
Upon delivery of the vessel, the Eagle Bulk's fleet will consist of 47 vessels, including 13 Ultramax dry bulk vessels acquired over the last 20 months.