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Eagle Bulk Shipping (NASDAQ: EGLE) announced the acquisition of three 2011-built CROWN-58 Supramax bulkcarriers for $21.15 million and 329,583 common shares. The vessels, named M/V Montauk Eagle, M/V Newport Eagle, and M/V Sankaty Eagle, will strengthen Eagle's fleet, which now totals 52 ships after 27 additions in four years. Deliveries of the new vessels are expected between March and May 2021. This strategic purchase enhances Eagle's position in the mid-size drybulk market and optimizes revenue performance.

Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will announce its financial results for Q4 and the full year ending December 31, 2020, after market close on March 4, 2021. Following this, the management team will conduct a teleconference and webcast on March 5, 2021, at 8:00 a.m. ET to discuss the results. Interested parties can participate via phone or access the webcast online. A replay will be available from March 5 until March 15, 2021. The company specializes in the mid-size drybulk vessel segment, operating one of the largest fleets globally.

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has announced the acquisition of a 2017-built SDARI-64 scrubber-fitted Ultramax bulkcarrier for USD 15 million. The vessel, to be named M/V Rotterdam Eagle, was constructed at Chengxi Shipyard Co. Ltd and is set for delivery in Q2 2021. Following this purchase, Eagle's fleet expands to a total of 49 ships, enhancing its position in the mid-size drybulk segment. The company has acquired 24 Ultramaxes over the past four years, emphasizing its growth strategy within the sector.

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has signed The Neptune Declaration on Seafarer Wellbeing, addressing the crew change crisis exacerbated by COVID-19. This initiative, supported by over 300 organizations, aims to prioritize seafarers as key workers, ensuring access to vaccines and improved health protocols. CEO Gary Vogel emphasized the importance of collective action to enhance seafarer welfare, aiming to prevent crew from working beyond their contracts. This commitment underscores Eagle's dedication to managing its fleet effectively while supporting seafarer rights.

Eagle Bulk Shipping (NASDAQ: EGLE) has announced the acquisition of two modern SDARI-64 scrubber-fitted Ultramax bulk carriers, enhancing its fleet. The M/V Helsinki Eagle, built in 2015, was purchased for USD 16.5 million, while the M/V Stockholm Eagle, built in 2016, was acquired for USD 17.65 million. These acquisitions follow a trend of fleet renewal, with the company divesting five vintage Supramaxes. Eagle's strategy aims to improve operational efficiency and reduce its emissions footprint, with vessel closings expected in Q1 2021.

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has signed the Sea Cargo Charter, committing to align its operations with environmental sustainability goals. Launched in October 2020, the Charter aims to reduce greenhouse gas emissions from international shipping by at least 50% by 2050, in line with the International Maritime Organization targets. CEO Gary Vogel highlighted ongoing efforts for emissions transparency and noted initiatives like fleet renewal and energy-saving technology to enhance operational efficiency.

Eagle Bulk Shipping has announced the pricing of a public offering of common stock and a concurrent registered direct offering, totaling approximately $25 million. The company will sell 290,055 shares in the public offering and 1,091,160 shares through the direct offering, both priced at $18.10 per share. The offerings are set to close on December 22, 2020, pending customary closing conditions. Proceeds from the offerings will be utilized for acquiring modern Ultramax vessels and general corporate purposes.

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has initiated an underwritten public offering of its common stock, alongside a registered direct offering to an existing institutional investor. The net proceeds are earmarked for acquiring modern Ultramax vessels and general corporate purposes. A 30-day option for underwriters to purchase additional shares is anticipated. DNB Markets and Fearnley Securities are the joint book runners for this offering, which aims to strengthen the company's fleet and market position.

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has announced the acquisition of a high-specification 2015-built scrubber-fitted Ultramax bulkcarrier for USD 16 million, to be named M/V Oslo Eagle. The vessel, constructed at Chengxi Shipyard, is expected to join the fleet in Q1 2021. This purchase increases Eagle's fleet to 48 ships, including 21 Ultramaxes, highlighting the company's focus on growth within the Supramax/Ultramax drybulk segment.