NEW YORK, Feb. 27, 2007 (PRIME NEWSWIRE) -- Eagle Bulk Shipping, Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry-bulk shipping industry, will report its financial results for the fourth quarter and year ended December 31, 2006, after the close of stock market trading on Wednesday, February 28th. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 4:30 p.m. ET on that day to discuss the results.
To participate in the teleconference, investors and analysts are invited to call 800-706-7745 in the U.S., or 617-614-3472 outside of the U.S., and reference participant code 53747843. A simultaneous webcast can be accessed by visiting the Company's website at: www.eagleships.com. Investors participating in the teleconference are encouraged to access an accompanying slide presentation, which management will reference during the call. This presentation will be available at www.eagleships.com
A replay will be available following the call until 12:00 a.m. ET on March 7, 2007. To access the replay, call 888-286-8010 in the U.S., or 617-801-6888 outside of the U.S., and reference passcode 83949422.
About Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in New York City. We are the largest U.S.-based owner of Handymax dry bulk vessels, which are dry bulk vessels that range in size from 35,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. Our strategy is to charter our modern fleet primarily pursuant to one- to three-year time charters to allow us to take advantage of the stable cash flow and high utilization rates that are associated with medium- to long-term time charters.