Eagle Bulk Shipping has found a buyer for an ageing supramax before having to take it out of the water for statutory dry-docking.

The New York-listed owner of 21 ultramaxes and 29 supramaxes has reached an agreement to sell the 52,421-dwt Goldeneye (built 2002) for $5m to undisclosed buyers.

It expects to deliver the vessel in the third quarter.