To promote international shipping’s decarbonisation, the Charter provides a global framework for lining up chartering undertakings with responsible environmental conduct. Credit: Ian Simmonds on Unsplash.

US-based fully integrated shipowner-operator Eagle Bulk Shipping has announced that it has become a signatory to the Sea Cargo Charter.

Launched in October, the Charter provides a global framework for aligning chartering undertakings with responsible environmental conduct to promote international shipping’s decarbonisation.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Furthermore, the Charter is consistent with the International Maritime Organization’s (IMO) ambition to reduce greenhouse gas (GHG) emissions by at least 50% by 2050 compared with 2008 levels.

Eagle Bulk CEO Gary Vogel said: “In a continuation of our efforts to help drive transparency to emissions reporting and decarbonisation within shipping, we are excited to join the Sea Cargo Charter.

“We believe the Charter, along with other global green initiatives we are involved with, including Poseidon Principles and the Getting to Zero Coalition, will help our industry reach IMO 2030 and IMO 2050 emissions reduction targets.

“At Eagle, we continue to execute on both strategic and operational efficiency initiatives in order to improve our carbon footprint, such as fleet renewal, installing energy saving devices, applying low-friction hull coatings, and leveraging data to optimise voyage execution.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

On 16 December, Eagle Bulk Shipping announced the $16m acquisition of a 2015-built SDARI-64 scrubber-fitted Ultramax bulk carrier.

The ship was built at Chengxi Shipyard and is expected to be delivered during the first quarter of 2021.

The company said that the vessel will be renamed as M/V Oslo Eagle.

After this acquisition, the company’s fleet stands at a total of 48 ships, including 21 Ultramaxes acquired over the past few years.