Eagle Bulk operates a fleet of Supramax/Ultramax dry bulk vessels with exposure to minor bulks (grains, fertilizers, steel products), which benefit from disrupted trade patterns. The Star Bulk merger creates the largest US-listed dry bulk operator. Black Sea grain corridor uncertainty, Panama Canal restrictions, and Indonesian nickel/coal flows support tonne-mile demand. Variable dividend policy returns excess cash directly to shareholders.
Thesis reviewed May 29, 2026
Eagle Bulk Shipping Inc. is headquartered in United States, which is currently showing elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail βπ’Shipping63AVOID| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| NAT | Nordic American Tankers Limited | 59 | +14% | β45% | EARLY |
| TEN | Tsakos Energy Navigation Limited | 59 | +12% | β45% | EARLY |
| FRO | Frontline plc | 59 | -4% | β45% | AVOID |
| ZIM | ZIM Integrated Shipping Services Ltd. | 59 | -13% | β45% | AVOID |
| DAC | Danaos Corporation | 59 | +21% | β45% | EARLY |
| EGLE | Eagle Bulk Shipping Inc. | 59 | +14% | β45% | EARLY |
| GOGL | Golden Ocean Group Limited | 53 | +17% | β45% | EARLY |
Investors who hold EGLE may also have indirect exposure through these country funds.
Supramax Baltic index up 22% on Atlantic grain demand
Eagle/Star Bulk merger synergies tracking ahead of plan