Exhibit 21
SUBSIDIARIES OF EAGLE BULK SHIPPING INC.
The following is a list of subsidiaries of Eagle Bulk Shipping Inc. as of the date of the registration statement of which it forms an exhibit.
| Entity | Jurisdiction of Incorporation or Formation | |
| Agali Shipping S.A. | Marshall Islands | |
| Anemi Maritime Services S.A. | Liberia | |
| Avlona Shipping S.A. | Marshall Islands | |
| Besra Shipping LLC | Marshall Islands | |
| Cardinal Shipping LLC | Marshall Islands | |
| Cernicalo Shipping LLC | Marshall Islands | |
| Condor Shipping LLC | Marshall Islands | |
| Crested Eagle Shipping LLC | Marshall Islands | |
| Crowned Eagle Shipping LLC | Marshall Islands | |
| Delfini Shipping S.A. | Marshall Islands | |
| Drosato Shipping S.A. | Marshall Islands | |
| Eagle Bulk (Delaware) LLC | Delaware | |
| Eagle Shipping International (USA) LLC | Marshall Islands | |
| Falcon Shipping LLC | Marshall Islands | |
| Fountana Shipping S.A. | Marshall Islands | |
| Fulmar Shipping LLC | Marshall Islands | |
| Golden Eagle Shipping LLC | Marshall Islands | |
| Goldeneye Shipping LLC | Marshall Islands | |
| Goshawk Shipping LLC | Marshall Islands | |
| Griffon Shipping LLC | Marshall Islands | |
| Harrier Shipping LLC | Marshall Islands | |
| Hawk Shipping LLC | Marshall Islands | |
| Heron Shipping LLC | Marshall Islands | |
| Imperial Eagle Shipping LLC | Marshall Islands | |
| Jaeger Shipping LLC | Marshall Islands | |
| Kampia Shipping S.A. | Marshall Islands | |
| Kestrel Shipping LLC | Marshall Islands | |
| Kite Shipping LLC | Marshall Islands | |
| Kittiwake Shipping LLC | Marshall Islands | |
| Kofina Shipping S.A. | Marshall Islands | |
| Marmaro Shipping S.A. | Marshall Islands | |
| Merlin Shipping LLC | Marshall Islands | |
| Mesta Shipping S.A. | Marshall Islands | |
| Mylos Shipping S.A. | Marshall Islands | |
| Nagos Shipping S.A. | Marshall Islands | |
| Nenita Shipping S.A. | Marshall Islands | |
| Olympi Shipping S.A. | Marshall Islands | |
| Oriole Shipping LLC | Marshall Islands | |
| Osprey Shipping LLC | Marshall Islands | |
| Pelineo Shipping S.A. | Marshall Islands | |
| Peregrine Shipping LLC | Marshall Islands | |
| Petrel Shipping LLC | Marshall Islands | |
| Puffin Shipping LLC | Marshall Islands | |
| Pyrgi Shipping S.A. | Marshall Islands | |
| Rahi Shipping S.A. | Marshall Islands | |
| Raptor Shipping LLC | Marshall Islands | |
| Redwing Shipping LLC | Marshall Islands | |
| Roadrunner Shipping LLC | Marshall Islands | |
| Robin Shipping LLC | Marshall Islands | |
| Saker Shipping LLC | Marshall Islands | |
| Sandpiper Shipping LLC | Marshall Islands | |
| Shrike Shipping LLC | Marshall Islands | |
| Sirikari Shipping S.A. | Marshall Islands | |
| Skua Shipping LLC | Marshall Islands | |
| Snipe Shipping LLC | Marshall Islands | |
| Sparrow Shipping LLC | Marshall Islands | |
| Sparrowhawk Shipping LLC | Marshall Islands | |
| Spilia Shipping S.A. | Marshall Islands | |
| Stellar Eagle Shipping LLC | Marshall Islands | |
| Swift Shipping LLC | Marshall Islands | |
| Tern Shipping LLC | Marshall Islands | |
| Woodstar Shipping LLC | Marshall Islands | |
| Wren Shipping LLC | Marshall Islands |
SK 25083 0001 968131