Eagle Bulk Shipping has once again landed atop a pack of 52 shipowners in the annual corporate governance “scorecard” published by equity analyst Michael Webber.

Gary Vogel-led Eagle Bulk, the Connecticut-based dry bulk player, edged runner-up International Seaways, the third straight year that the two companies have finished in that order.

Irish product tanker owner Ardmore Shipping rounded out the top three, moving up two spots from 2019.