It has been quite the long holiday weekend for Connecticut-based Eagle Bulk Shipping.

On Friday. the bulker owner learned that Greek container ship player Danaos had taken a 10% stake in the company.

Eagle on Tuesday morning returned from the Juneteenth holiday in the US to ring the opening bell on the New York Stock Exchange (NYSE).

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Ship finance is a riddle industry players need to solve to survive in a capital-intense business.