Nasdaq-listed bulker owner and operator Eagle Bulk Shipping Inc. has bought a 61,000dwt Ultramax dry bulk vessel built at Nantong COSCO Kawasaki Heavy Industries Engineering Co., Ltd. (NACKS).

The 2016-built bulker, scheduled to be delivered to the company in November, will be renamed Stamford Eagle.

Eagle Bulk said that this is the first vessel acquisition for the company in more than 6 years and "reflects management's renewed commitment to invest in a high-quality fleet renewal and growth strategy within the Supramax/Ultramax segment."

Featuring a length of 200 meters and a width of 32.2 meters, the 34,447 gross ton ship has a capacity of 77,546 cubic meters.

The vessel, which has a market value of US$19.7m, was previously named Port Belavista, according to data provided by VesselsValue.