Eagle Bulk Shipping Inc. announced that it has taken delivery of Imperial Eagle, a 'Future-56' class, 56,000 dwt Supramax dry bulk vessel. The vessel has entered into a one-year time charter tied to the Baltic Supramax Index ("BSI"), ensuring Eagle participates directly in strong rates in the spot market while retaining the stability of a one-year charter.

The Imperial Eagle represents the final of five newbuilds constructed under contract with IHI Marine United, Inc., one of Japan's pre-eminent shipyards. Commenting on the milestone, Eagle Bulk's Chairman and CEO Sophocles Zoullas said, "We have been honored to work in partnership with IHI Marine United, which has delivered vessels of impeccable quality and performance."