Eagle Bulk Shipping is a holding company. Through its subsidiaries, Co. is engaged in the ocean transportation of drybulk cargoes through the ownership, charter and operation of drybulk vessels. Co.'s fleet is comprised of Supramax and Ultramax drybulk carriers. Co. provides transportation solutions to a group of customers, including miners, producers, traders, and user. Typical cargoes Co. transports include both primary bulk cargoes, such as iron ore, coal and grain coal, grain, and iron ore, and minor bulk cargoes such as fertilizer, steel products, petcoke, cement, and forest products. Co.'s vessels are equipped with cargo cranes and cargo grabs.