Eagle Bulk Shipping is understood to be in the process of snapping up four ultramax vessels from Nautical Bulk Holdings in what represents the first transaction involving scrubber-fitted bulk carriers.

Nasdaq-listed Eagle revealed yesterday it was set to add six modern vessels with the aid of a notes offering.

While the identity of the ships on Eagle’s radar were not disclosed at the time, further details are now emerging of what will be a significant deal for the buyer and potentially the wider market.