Chubb Group of Insurance Co, 555 Long Wharf Dr, Ste 10, New Haven, CT 06511, US

Eagle Bulk Shipping is headquartered in New York City. The company is one of the largest United States-based owners of Handymax dry bulk vessels that range in size from 35,000 to 60,000 deadweight tons and transport a range of bulk cargoes, such as iron ore, coal, grain, cement and fertilizer. Its nearly 13-vessel fleet has a combined carrying capacity of 643,980 deadweight tons and an average age of under six years. The company s strategy is to charter its vessels primarily pursuant to one- to three-year time charters to allow it to take advantage of the stable cash flow and high utilization rates that are associated with medium- to long-term time charters. The technical operation and navigation of the vessel at all times remains Eagle Bulk Shipping s responsibility, including vessel operating expenses, such as the cost of crewing, insuring, repairing and maintaining the vessel, costs of spare parts and supplies, tonnage taxes and other miscellaneous expenses.

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