Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Davidson Kempner Capital Management LP
  2. Issuer Name and Ticker or Trading Symbol
Eagle Bulk Shipping Inc. [EGLE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
65 EAST 55TH STREET, 19TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2015
(Street)

NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 ("Common Stock") 01/29/2015   S   300,000 D $ 9.75 4,001,340 I See footnotes (1) (2) (3)
Common Stock 01/30/2015   S   100,000 D $ 9.75 3,901,340 I See footnotes (1) (2) (3)
Common Stock 02/02/2015   S   100,000 D $ 9.18 3,801,340 I See footnotes (1) (2) (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Davidson Kempner Capital Management LP
65 EAST 55TH STREET
19TH FLOOR
NEW YORK, NY 10022
    X    
M H Davidson & Co
885 THIRD AVENUE
SUITE 3300
NEW YORK, NY 10022
    X    
DAVIDSON KEMPNER PARTNERS
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
65 EAST 55TH STREET
NEW YORK, NY 10022
    X    
DAVIDSON KEMPNER INSTITUTIONAL PARTNERS, L.P.
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
65 EAST 55TH STREET
NEW YORK, NY 10022
    X    
DAVIDSON KEMPNER INTERNATIONAL, LTD.
C/O BNY MELLON ALT. INV. SERV., LTD.
48 PAR-LA-VILLE ROAD, STE. 464
HAMILTON, D0 HM 11
    X    
KEMPNER THOMAS L JR
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
65 EAST 55TH STREET
NEW YORK, NY 10022
    X    
Yoseloff Anthony Alexander
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
65 EAST 55TH STREET
NEW YORK, NY 10022
    X    
BASTABLE CONOR
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
65 EAST 55TH STREET
NEW YORK, NY 10022
    X    
Friedman Avram Z
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
65 EAST 55TH STREET
NEW YORK, NY 10022
    X    

Signatures

 /s/ M.H. Davidson & Co., By: M.H. Davidson & Co. GP, L.L.C., its General Partner, By: Thomas L. Kempner, Jr., its Executive Managing Member   02/02/2015
**Signature of Reporting Person Date

 /s/ Davidson Kempner Partners, By: MHD Management Co., its General Partner, By: MHD Management Co. GP, L.L.C., its General Partner, By: Thomas L. Kempner, Jr., its Executive Managing Member   02/02/2015
**Signature of Reporting Person Date

 /s/ Davidson Kempner Institutional Partners, L.P., By: Davidson Kempner Advisers Inc., its General Partner, By: Thomas L. Kempner, Jr., its President   02/02/2015
**Signature of Reporting Person Date

 /s/ Davidson Kempner International Ltd., By: Davidson Kempner Capital Management LP, its Investment Manager, By: Thomas L. Kempner, Jr., its Executive Managing Member   02/02/2015
**Signature of Reporting Person Date

 /s/ Davidson Kempner Capital Management LP, By: Thomas L. Kempner, Jr., its Executive Managing Member   02/02/2015
**Signature of Reporting Person Date

 /s/ Thomas L. Kempner, Jr.   02/02/2015
**Signature of Reporting Person Date

 /s/ Anthony A. Yoseloff   02/02/2015
**Signature of Reporting Person Date

 /s/ Conor Bastable   02/02/2015
**Signature of Reporting Person Date

 /s/ Avram Z. Friedman   02/02/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The securities to which this filing relates are held directly by (i) M. H. Davidson & Co., a New York limited partnership ("CO"), (ii) Davidson Kempner Partners, a New York limited partnership ("DKP"), (iii) Davidson Kempner Institutional Partners, L.P., a Delaware limited partnership ("DKIP") and (iv) Davidson Kempner International, Ltd., a British Virgin Islands corporation ("DKIL"). M.H. Davidson & Co. GP, L.L.C., a Delaware limited liability company, is the general partner of CO. MHD Management Co., a New York limited partnership ("MHD"), is the general partner of DKP and MHD Management Co. GP, L.L.C., a Delaware limited liability company is the general partner of MHD. Davidson Kempner Advisers Inc., a New York corporation, is the general partner of DKIP. Davidson Kempner Capital Management LP, a Delaware limited partnership, is the investment manager of DKIL.
(2) Davidson Kempner Capital Management LP, a Delaware limited partnership and a registered investment adviser with the U.S. Securities and Exchange Commission ("DKCM"), acts as investment manager to each of CO, DKP, DKIP and DKIL. DKCM GP LLC, a Delaware limited liability company, is the general partner of DKCM. The managing members of DKCM are Messrs. Thomas L. Kempner, Jr., Timothy I. Levart, Robert J. Brivio, Jr., Anthony A. Yoseloff, Eric P. Epstein, Avram Z. Friedman, Conor Bastable, Shulamit Leviant, Morgan P. Blackwell, Patrick W. Dennis and Gabriel T. Schwartz. Messrs. Thomas L. Kempner, Jr., Anthony A. Yoseloff, Conor Bastable and Avram Z. Friedman through DKCM, are responsible for the voting and investment decisions relating to the securities held by CO, DKP, DKIP and DKIL reported herein.
(3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.

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