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Today we'll look at Eagle Bulk Shipping Inc. (NASDAQ:EGLE) and reflect on its potential as an investment...
Eagle Bulk Shipping Inc. ( NASDAQ:EGLE ), is not the largest company out there, but it saw a double-digit share price...
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In shipping, break-bulk, breakbulk, or break bulk cargo, also called general cargo, is goods that are stowed on board ships in individually counted units. Traditionally, the large numbers of items are recorded on distinct bills of lading that list them by different commodities.
Eagle Oil and Shipping Company was a United Kingdom merchant shipping company that operated oil tankers between the Gulf of Mexico and the UK. Weetman Pearson, 1st Viscount Cowdray founded it as the Eagle Oil Transport Company in 1912 and sold it to Royal Dutch Shell in 1919.
It is one of the largest shipping companies in the world. MOL fleet includes dry cargo ships (bulk carriers), liquefied natural gas carriers, Ro-Ro Car Carrier ships, oil tankers, container ships (among which mv MOL Triumph is the 4th largest containership in the world), and container terminals.
The Zacks Analyst Blog Highlights: Eagle Bulk Shipping, Euroseas, Genco Shipping & Trading, Navios Maritime Partners and Orient Overseas
The NASDAQ Transportation Index (Symbol: TRAN) is a capitalization-weighted stock market index designed to measure the performance of all NASDAQ stocks in the transportation sector. The index was developed with a base value of 100 as of February 5, 1971.
Eagle Bulk Shipping (EGLE) closed the most recent trading day at $51.50, moving +0.74% from the previous trading session.
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