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Eagle Bulk aims to benefit from scrubbers as it sinks into loss

Eagle Bulk, the US-based owner of ultramax and supramax vessels, said it will be at a ‘significant competitive advantage’ once its scrubbers are installed. The company reported a net loss for the third quarter of the year from a profit in the same period a year earlier

The company, which should have 35 operational scrubbers by the end of the year, said it has hedged 10% of its 2020 high-sulphur fuel demand 

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