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73 Gary Vogel, Eagle Bulk Shipping

As improvements in the dry bulk market pushed Eagle Bulk back into profit this year, chief executive Gary Vogel placed his bet on a large spread between fuel prices and positive returns for scrubbers. He expects a “first-mover” advantage in incremental cashflow from having a majority of the company’s vessels outfitted with scrubbers before January 2020

Having placed an order for 19 scrubbers in September, the chief executive says the company has an option for 18 more
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