

(Posted on 27/11/18)
Eagle Bulk Shipping Inc. has announced that is has exercised its options to purchase 15 additional exhaust gas cleaning systems (“scrubbers”) which are to be retrofitted on vessels within its fleet. This follows the Company’s prior announcement that it had entered into a series of agreements for the purchase of up to 37 scrubbers, comprised of firm orders for 19 scrubbers and up to 18 additional units, at the Company’s option.
The Company intends to complete the 34 scrubber installations by January 1, 2020, the implementation date of the new sulphur emission cap regulation, as set forth by the International Maritime Organization. As previously disclosed, Eagle Bulk, in partnership with a global engineering firm, has developed a scrubber installation programme whereby a significant amount of the required retrofit work will be carried out onboard the vessels while at sea and trading, thereby reducing off-hire time as compared with a typical shipyard installation.
Following the announcement, Eagle Bulk maintains options to purchase up to three additional scrubbers.
Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in Stamford, Connecticut. Eagle Bulk owns one of the largest fleets of Supramax/Ultramax dry bulk vessels in the world. Supramax/Ultramax vessels, which are constructed with on-board cranes, range in size from approximately 50,000 to 65,000 dwt. The Company transports a broad range of major and minor bulk cargoes, including but not limited to coal, grain, ore, pet coke, cement and fertilizer, along worldwide shipping routes.
One Sea has welcomeed Finnish start-up Groke Technologies as its new member, bringing additional expertise... Read more
ClassNK has released “FAQs on the EU-ETS for Shipping”, an overview and necessary preparation... Read more
AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more
Shipzero is enabling transport and logistics companies to create transparency about their emissions... Read more
The Isle of Man Ship Registry (IOMSR) has become an associate member of The International Association... Read more
The wellbeing of crew members is becoming more important to shipping companies says leading catering... Read more
Canada based Algoma Central Corporation has reported its results for the year ended 31 December, 2022... Read more
Ukrainian seafarers have largely returned to international shipping thereby restoring balance in crew... Read more
The Chairs of the Round Table of International Shipping Associations met in Athens last week to renew... Read more
AXSMarine, a leading provider of SaaS shipping software and data for decision making in the chartering... Read more