Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle Bulk), one of the world’s largest owner-operators within the Supramax / Ultramax dry bulk segment, today announced that it has taken delivery of its previously announced vessel acquisition, the M/V Antwerp Eagle.

The ship, which was acquired this past May, is a 2015-built, high specification scrubber-fitted SDARI-64 Ultramax vessel built at Jiangsu Hantong Ship Heavy Industry Co.

Proforma for the one pending vessel acquisition, the Company’s fleet totals 53 ships with an average age of 8.8 years.

About Eagle Bulk Shipping Inc.

Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) is a US-based fully integrated shipowner-operator providing global transportation solutions to a diverse group of customers including miners, producers, traders, and end-users. Headquartered in Stamford, Connecticut, with offices in Singapore and Copenhagen, Eagle focuses exclusively on the versatile mid-size dry bulk vessel segment and owns one of the largest fleets of Supramax / Ultramax vessels in the world. The Company performs all management services in-house (including strategic, commercial, operational, technical, and administrative) and employs an active management approach to fleet trading with the objective of optimizing revenue performance and maximizing earnings on a risk-managed basis