NEW YORK, June 21, 2010 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced today that the Company's Chairman and Chief Executive Officer, Sophocles N. Zoullas, and Chief Financial Officer, Alan S. Ginsberg, will present at the Morgan Stanley Shipping Conference on Tuesday, June 22, 2010 at 2:00 pm Eastern time.

The presentation will be broadcast live over the internet by accessing http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=EGLE&item_id=3149307. In addition, the accompanying slide presentation will be available in the Investor Relations section of Eagle Bulk's website at www.eagleships.com.

About Eagle Bulk Shipping Inc.

Eagle Bulk Shipping, Inc., headquartered in New York City, is a leading global owner of Supramax dry bulk vessels, which are dry bulk vessels that range in size from 50,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.
CONTACT:  Eagle Bulk Shipping Inc.          Investor Contact          Alan Ginsberg, Chief Financial Officer          (212) 785-2500          Perry Street Communications          Media Contact          Jonathan Morgan          (212) 741-0014