Investing and Global Finance News

Company Focus: Eagle Bulk Shipping

Eagle Bulk Shipping Inc., a Marshall Islands corporation, is one of the leading owners of Handymax dry bulk vessels in the United States. Focusing mainly on ocean transportation of both minor and major bulk cargoes, the company ships iron ore, coal, grain, cement, fertilizer and many other commodities on global shipping routes.

Founded by Sophocles N. Zoullas in 2005, the Eagle Bulk Shipping’s low cost structure and reliable chartering strategies buoyed the company to the head of the dry bulk shipping market, laying a solid foundation for continuous growth. Now, Zoullas sits as CEO and Chairman of Eagle Bulk Shipping, heading a team with more than two decades of experience.

Eagle Bulk Shipping prides itself on its fleet, which consists of mainly Supramax class vessels. These ships range in size, reaching as much as 60,000 deadweight tons. With the ability to carry cranes, these vessels provide incomparable flexibility for cargo loading and unloading. According to the company, the Supramax class vessels provide “a distinct competitive advantage in the dry bulk marketplace.”

 

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