Its loss for the last three months to the end of June was $44.7m compared to $3m a year ago.
Eagle’s revenue reached $42.4m, $1.8m less than 2013 due to lower charter rates.
Operating expenses for the second quarter rose by 47% to reach $50.5m while the New York-headquartered company paid a monthly technical management fee of $10,708 and $10,315 per vessel during this quarter.
According