Lomar Shipping

12-January-2019

London-based Lomar Shipping sold ultramax dry bulk carrier to Nasdaq-listed Eagle Bulk Shipping. Shipowner and operator Eagle Bulk Shipping acquired 2015 built ultramax dry bulk carrier 63K DWT MV Queen Cuki from Lomar Shipping. Eagle Bulk Shipping continues fleet renewal efforts which have seen modern tonnage replace older ships with a smaller capacity.

Lomar Shipping sold Cosco Zhoushan Shipyard built MV Queen Cuki for around $20 million. The latest deal would symbolize the modern ships acquired by Gary Vogel led Eagle Bulk Shipping. Eagle Bulk Shipping commenced a fleet renewal programme in late 2016. In the past few years, Eagle Bulk Shipping has acquired bulk carriers that were built at top-tier Chinese shipyards.