Inactive Instrument

Eagle Bulk Shipping

Equities

EGLE

MHY2187A1507

Eagle Bulk Shipping Inc. Expands its Global Commercial Presence with the Establishment of New Office in Hamburg, Germany; Appoints Jan-Philipp Rauno to Led Hamburg Office

June 20, 2016 at 04:15 pm EDT

Eagle Bulk Shipping Inc. announced that it will be expanding its global commercial presence with the establishment of a new office in Hamburg, Germany. Eagle Bulk Europe GmbH, which is scheduled to commence operations in August of 2016, reflects Eagle's commitment to strengthen its commercial network while accelerating the build-out of the Company's commercial platform.

The Hamburg office will be led by Jan-Philipp (Japhi) Rauno, who served most recently as a partner with Mosvold Bulk Shipping. Mr. Rauno brings over 25 years of chartering experience and strong relationships across Europe in the dry bulk shipping sector that will prove beneficial to Eagle Bulk moving forward.

Latest news about Eagle Bulk Shipping

Star Bulk Carriers, Eagle Bulk Shipping Complete Merger	Apr. 09	MT
Star Bulk Carriers Corp. completed the acquisition of Eagle Bulk Shipping Inc. from Dimensional Fund Advisors LP, Lazard Asset Management LLC, Tigerstaden AS and others.	Apr. 08	CI
Eagle Bulk Shipping Inc.(NYSE:EGLE) dropped from S&P TMI Index	Apr. 08	CI
Eagle Bulk Shipping Inc.(NYSE:EGLE) dropped from S&P Global BMI Index	Apr. 08	CI
Eagle Bulk Shipping Shareholders Approve Star Bulk Merger	Apr. 05	MT
B. Riley Securities Adjusts Eagle Bulk Shipping's PT to $63.50 From $52.20 on Appreciation of Shares, Notes 'Solid' Q4 2023 Results; Keeps Neutral Rating	Mar. 04	MT
Earnings Flash (EGLE) EAGLE BULK SHIPPING Posts Q4 Revenue $104.6M	Mar. 01	MT
Earnings Flash (EGLE) EAGLE BULK SHIPPING Reports Q4 EPS $1.13	Mar. 01	MT
Eagle Bulk Shipping Inc. Declares Quarterly Dividend for the Fourth Quarter of 2023, Payable on March 21, 2024	Mar. 01	CI
Eagle Bulk Shipping Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 01	CI
Eagle Bulk Shipping Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 01	CI
North American Morning Briefing : Stock Futures -2-	Feb. 27	DJ
Alliance Global Partners Downgrades Eagle Bulk Shipping to Neutral From Buy	Feb. 26	MT
North American Morning Briefing : Stock Futures -2-	Feb. 01	DJ
Jefferies Downgrades Eagle Bulk Shipping to Hold From Buy, $55 Price Target	Jan. 31	MT
North American Morning Briefing : Cautious Start -2-	Jan. 29	DJ
Stifel Downgrades Eagle Bulk Shipping to Hold From Buy, Adjusts Price Target to $55 From $54	Jan. 26	MT
Eagle Bulk Shipping Inc. Announces Resignation of Randee E. Day as Member of the Board of Directors	Jan. 18	CI
Red Sea war insurance rises with more ships in firing line	Jan. 16	RE
North American Morning Briefing : Boeing Drags -2-	Jan. 08	DJ
BTIG Downgrades Eagle Bulk Shipping to Neutral From Buy	Jan. 05	MT
North American Morning Briefing : Traders Await -2-	Dec. 13	DJ
Noble Capital Downgrades Eagle Bulk Shipping to Market Perform From Outperform, Sets Price Target at $52	Dec. 12	MT
B. Riley Downgrades Eagle Bulk Shipping to Neutral From Buy, Adjusts Price Target to $52.20 From $72	Dec. 12	MT
EMEA Morning Briefing : Stock Futures Rise as Investors Await Economic Data	Dec. 12	DJ

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Company Profile

Eagle Bulk Shipping Inc. is a fully integrated shipowner-operator. The Company provides global transportation solutions to a diverse group of customers, including miners, producers, traders and end users. The Company focuses on the versatile midsize dry bulk vessel segment and owns fleets of Supramax/Ultramax vessels in the world. Typical cargoes it transports include both bulk cargoes, such as iron ore, coal and grain, and minor bulk cargoes, such as fertilizer, steel products, petcoke and cement. It owns and operates a modern fleet of approximately 52 Supramax/Ultramax vessels, with an aggregate carrying capacity of 3.16 million deadweight tons (dwt) and an average age of 10 years. In addition to its owned fleet, the Company charters-in third party vessels on both a short-term and long-term basis. Its vessels include Antwerp Eagle, Bittern, Canary, Cape Town Eagle, Copenhagen Eagle, Crowned Eagle, Gibraltar Eagle, Greenwich Eagle and others.

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