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Smart Choice: US $100 Million Investment in Scrubber Technology Paid Off in 3 Years with Fuel Savings Benefits to Eagle Bulk Shipping

Smart Choice: US $100 Million Investment in Scrubber Technology Paid Off in 3 Years with Fuel Savings Benefits to Eagle Bulk Shipping

PARSIPPANY, N.J., May 19 (Korea Bizwire) — A 2018 strategic decision to install CR Ocean Engineering (CROE®) Scrubbers has proven to be an environmentally sound and profitable decision for Connecticut-based Eagle Bulk Shipping (NASDAQ: EGLE) with an expected payback on investment by the year’s end. According to a TradeWinds [https://bit.ly/3KkyLdO] interview with CEO Gary Vogel and Chief Strategy Officer Costa Tsoutsoplides, Eagle [...]