New York-listed midsized tonnage specialist Eagle Bulk Shipping fell to its first quarterly loss since the Covid 19-ravaged 2020 market.
The Stamford, Connnecticut-based company is guiding to time charter equivalent bookings of $15,655 per day with 68% of days fixed in the current quarter, up about 36% from the $11,482 average from July through September.
Even the lower third-quarter figure represented about a 14% premium over the Baltic Supramax Index, the company said in its third-quarter earnings report after the market closed on Thursday in New York.
