Eagle Bulk Shipping has moved its European office from Hamburg to Copenhagen to take advantage of the city's focus on maritime.
Mathias Groenvald, a shipping executive, will lead the new location.
"Given its significant concentration of drybulk activity, we believe that Copenhagen is the ideal location for our European commercial operations," chief executive Gary Vogel said in a statement.
"We are pleased to welcome Mathias to Eagle Bulk and believe his experience and network make him well positioned to lead this new venture.”
Groenvald, who has more than 30 years of drybulk industry experience, previously served as senior vice president and head of chartering for Clipper Bulk.
Eagle Bulk, which is based in US in Stamford, Connecticut, has a third office in Singapore.
The New York-listed company owns 27 supramaxes and 19 ultramaxes.
