Eagle Bulk said it will go ahead and purchase all nine of the ultramaxes listed in the $153m deal with Greenship Bulk Trust announced in February.

Nasdaq-listed Eagle originally agreed to purchase a minimum of six Crown-63 ultramaxes from Greenship, with another three listed as contingent vessels.

Chief executive Gary Vogel, said: "We are pleased to have been able to secure this fleet acquisition of nine quality ultramax vessels, and look forward to having them join Eagle's fleet over the coming months."

Eagle's