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Eagle Bulk Shipping Inc. (Nasdaq: EGLE) announced it will report its fourth quarter and full year financial results for 2021 on March 3, 2022, after market close. A teleconference and webcast will be held at 8:00 a.m. ET on March 4, 2022, for management to discuss these results. Investors can participate by calling +1 844-282-4411 in the U.S. or +1 512-900-2336 internationally. A replay will be available from March 4 until March 14, 2022. Eagle Bulk focuses on the midsize drybulk segment, providing integrated shipping services globally.

Eagle Bulk Shipping Inc. (Nasdaq: EGLE) announces its participation in the Sidoti & Company Winter 2022 Virtual Investor Conference on January 19-20, 2022. CEO Gary Vogel will present on January 20 at 12:15 PM EST. The presentation will be accessible via Sidoti’s conference portal, with registration available for investors interested in attending.

As a leading owner-operator in the midsize drybulk segment, Eagle Bulk is based in Stamford, Connecticut, and owns a significant fleet of Supramax and Ultramax vessels, offering global transportation solutions.

Eagle Bulk Shipping, a leading midsize drybulk shipowner-operator, announced that CEO Gary Vogel will present at the Noble Capital Markets’ Virtual Transportation & Logistics Forum on December 16, 2021, at 09:00 EST. The presentation will include a Q&A session moderated by analyst Poe Fratt. Investors can access a live webcast of the presentation on Channelchek, which will also archive the session as part of its C-Suite Series. Eagle Bulk Shipping specializes in the midsize drybulk vessel segment and manages a significant fleet of Supramax/Ultramax vessels globally.

Eagle Bulk Shipping (NASDAQ: EGLE) has entered into a Partner Agreement with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, designating Eagle as a Mission Partner. This collaboration focuses on supporting decarbonization efforts in the maritime industry, leveraging Eagle's assets and resources within the midsize drybulk segment. CEO Gary Vogel emphasized the importance of collective action for advancing shipping's energy transition.

Eagle Bulk Shipping (Nasdaq: EGLE) has successfully completed its first sustainable biofuel voyage aboard the M/V Sydney Eagle, significantly reducing CO2 emissions by approximately 90% compared to traditional bunker fuel. This collaboration with GoodFuels highlights Eagle's commitment to decarbonizing its fleet and enhancing operational efficiency in alignment with global environmental targets. The test voyage underscores the potential for sustainable marine fuels in the shipping industry, as Eagle Bulk aims to set an example for others to follow in achieving regulatory compliance and sustainability goals.

Eagle Bulk Shipping Inc. (Nasdaq: EGLE) has appointed Costa Tsoutsoplides as Chief Strategy Officer, enhancing its strategic capabilities. In this role, he will develop corporate strategies and oversee ESG and investor relations, while continuing his duties in mergers & acquisitions and vessel transactions. CEO Gary Vogel praised Tsoutsoplides for his long tenure and vital contributions to the company's growth, which included transforming the fleet and optimizing the balance sheet through various transactions. Tsoutsoplides has been with Eagle since 2010 and has a robust background in finance.

Eagle Bulk Shipping reported strong financial results for Q3 2021, with net income of $78.3 million ($6.12 per share), up from a net loss of $11.2 million in Q3 2020. Revenues surged to $183.4 million, a significant increase from $68.2 million in the same period last year. The company declared a quarterly dividend of $2.00 per share and executed a $400 million refinancing, lowering debt costs and extending maturities. Eagle's TCE of $29,088/day reflects improved freight rates and market recovery. The company remains optimistic with 75% of Q4 days fixed at an average TCE of $32,400.

Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will announce its third-quarter financial results on November 4, 2021, after market close. A teleconference and webcast led by senior management will take place on November 5, 2021, at 8:00 a.m. ET. Participants can join by calling +1 844-282-4411 or +1 512-900-2336 for international access, using code 7077196. A replay will be available from November 5 to November 15, 2021. Eagle Bulk operates one of the largest fleets of Supramax/Ultramax vessels worldwide, providing transportation solutions to various customers.

Eagle Bulk Shipping (NASDAQ: EGLE) announced a new dividend policy and a USD 50 million share repurchase program, aligning with the completion of a USD 400 million refinancing. The dividend will pay a minimum of 30% of net income or $0.10 per share quarterly, with the first payout scheduled for November based on Q3 2021 results. The refinancing reduces annual interest expenses by approximately USD 8 million and extends debt maturity to 2026. The senior secured credit facility consists of a USD 300 million term loan and USD 100 million revolving credit, secured by 49 vessels.