Eagle Bulk Shipping has no immediate plans to buy or sell any more ships, after offloading a supramax bulker and buying four ultramaxes since the beginning of last year’s third quarter.
Chief executive Gary Vogel revealed the company’s stance on the sale-and-purchase market after the New York-listed shipowner confirmed its three latest transactions in an earnings report.
“I don’t think you will see us at the moment selling any more ships,” he said on Friday during a fourth-quarter earnings call.
