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Eagle Bulk Shipping's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Eagle Bulk Shipping Inc. (EGLE)

Q2 2012 Earnings Call

August 9, 2012, 08:30 am ET

Executives

Sophocles Zoullas - Chairman & CEO

Adir Katzav - CFO

Analysts

Chris Wetherbee - Citi

Natasha Boyden - Global Hunter

Michael Webber - Wells Fargo

Urs Dur - Lazard Capital Markets

Chris Wetherbee - Citi

Presentation

Operator

Good day ladies and gentlemen and welcome to the Eagle Bulk Shipping Incorporated reports second quarter 2012 results conference call. My name is Ann and I will be your coordinator for today's call. As a reminder, this conference is being recorded for replay purposes. At this time, all participants are in listen-only mode. (Operator instructions) We will be facilitating a question-and-answer session following the presentation.

I would now like to turn the presentation over to your host for today’s call, Mr. Sophocles Zoullas, Chairman and CEO. Please proceed, sir.

Sophocles Zoullas

Thank you and good morning. I would like to welcome everyone to Eagle Bulk Shipping's second quarter 2012 earnings call. To supplement our remarks today, I encourage participants to access slide presentation that is available on our website at www.eagleships.com.

Please note that part of our discussion today will include forward-looking statements. These statements are not guarantees of future performance and are inherently subject to risk and uncertainties. You should not place undue reliance on these forward-looking statements. We refer all of you to our filings with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties that may have a direct bearing on our operating results, our performance and our financial condition.

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