New York-listed Eagle Bulk Shipping remains confident it will be able to deploy $88m in recently raised “growth” capital to expand and renew its fleet without needing to tap the funds to survive what is left of the market crisis.

That was the word from chief executive Gary Vogel this week as he sat with TradeWinds on the first anniversary of taking the helm at the Stamford-based owner, the world’s third-largest operator of supramax bulkers.

In