Eagle Bulk Shipping Inc. to Present at Wachovia Global Transportation and Packaging Conference


NEW YORK, Sept. 6, 2007 (PRIME NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced today that the Company's Chairman and Chief Executive Officer Sophocles Zoullas and Chief Financial Officer Alan Ginsberg will present at the Wachovia Global Transportation and Packaging Conference on Monday, September 10, 2007 at 3:45 p.m. ET.

The presentation will be broadcast live over the Internet and can be accessed at http://www.wsw.com/webcast/wa44/egle/. In addition, the accompanying slide presentation and webcast will be available in the Investor Relations section of Eagle Bulk's website at www.eagleships.com.

About Eagle Bulk Shipping Inc.

Eagle Bulk Shipping, Inc., headquartered in New York City, is a leading global owner of Supramax dry bulk vessels, which are dry bulk vessels that range in size from 50,000 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 on medium- to long-term time charters which allow us to take advantage of the stable cash flow and high utilization rates that are associated with such charters.



            

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