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Eagle Bulk sees second quarter of the year net loss due to weak rates

US-based dry bulk owner reports $6m loss in the second quarter of the year from a $3.5m profit in the same period last year because of the lower freight-rate environment. Eagle’s $9,731 average rate for the period was a 15% decrease year on year

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Company realised a $6m net loss with average rates down 15% year on year

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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