Eagle Bulk Shipping adds 27th vessel

12/23/2009 9:49:46 AM

Eagle Bulk Shipping said that it has taken delivery of the 58,000-deadweight-ton Supramax dry bulk vessel Canary.   The vessel has entered into a 10-year time charter at rate of $18,850 per day through January 2015. Thereafter, the contract converts to a profit-sharing charter with a base rate of $18,000 per day, Eagle Bulk said.   “In aggregate, the Canary will contribute approximately $61 million in minimum contracted revenue,” the New York-based carrier added.   The Canary marks the 27th vessel to join the Eagle Bulk fleet.   American Shipper

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