Published: March 13, 2008

Eagle Bulk Shipping, Inc. to Present At the 6th Annual JPMorgan Aviation and Transportation Conference

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NEW YORK, March 13, 2008 (PRIME NEWSWIRE) -- Eagle Bulk Shipping, Inc. announced today that the Company's Chairman and Chief Executive Officer, Sophocles N. Zoullas, will present at the 6th Annual JPMorgan Aviation and Transportation Conference on Wednesday, March 19th at 08:00 AM.

The presentation can be heard live over the Internet by accessing www.metameetings.com/webcasts/jpmorgan/aviation08. 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