Eagle Bulk buying 26 Supramax vessels for $1.1 billion

Wed Jul 25, 2007 6:41am EDT
 
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July 25 (Reuters) - Eagle Bulk Shipping Inc. ELGE.O said it is buying 26 Supramax vessels in a $1.1 billion deal that will more than double the size and tonnage capacity of its fleet.

The company is buying the vessels from the parent of Anemi Maritime Services, a private Greek shipping company. (Reporting by Gurdeep Singh in Bangalore)

 
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