Eagle Bulk Shipping Inc.ís New Vessels to be Named After Connecticut Coastal Towns

Stamford, Conn. - March 22, 2017

Eagle Bulk Shipping Inc. is pleased to announce the names of the vessels to be acquired from Greenship Bulk Trust. The ships will be named after coastal towns in Connecticut, the home of Eagle's corporate headquarters, as follows:

Greenship Bulk Trust will be holding an Extraordinary Meeting on March 27th, 2017 in order to vote on the approval of the sale of three remaining vessels to Eagle Bulk Ultraco LLC.

Eagle Bulk Shipping Inc. press release