<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001652305</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001322439</issuerCik>
      <issuerName>Eagle Bulk Shipping Inc.</issuerName>
      <secFileNumber>001-33831</secFileNumber>
      <issuerAddress>
        <com:street1>300 FIRST STAMFORD PLACE</com:street1>
        <com:street2>5TH FLOOR</com:street2>
        <com:city>STAMFORD</com:city>
        <com:stateOrCountry>CT</com:stateOrCountry>
        <com:zipCode>06902</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>203-276-8100</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Vogel Gary</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>245 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02110</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>6503</noOfUnitsSold>
      <aggregateMarketValue>325740.32</aggregateMarketValue>
      <noOfUnitsOutstanding>13711744</noOfUnitsOutstanding>
      <approxSaleDate>06/23/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>02/22/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Option Declared/Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1644</amountOfSecuritiesAcquired>
      <paymentDate>02/22/2022</paymentDate>
      <natureOfPayment>Net share settlement</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>02/10/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Option Declared/Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1393</amountOfSecuritiesAcquired>
      <paymentDate>02/10/2022</paymentDate>
      <natureOfPayment>Net share settlement</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>02/01/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Option Declared/Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1272</amountOfSecuritiesAcquired>
      <paymentDate>02/01/2022</paymentDate>
      <natureOfPayment>Net share settlement</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/03/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Share Grant</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2194</amountOfSecuritiesAcquired>
      <paymentDate>01/03/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>06/23/2023</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>03/14/2023</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Myra King, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Gary Vogel</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 4724}]
144
0001652305
XXXXXXXX
LIVE
0001322439
Eagle Bulk Shipping Inc.
001-33831
300 FIRST STAMFORD PLACE
5TH FLOOR
STAMFORD
CT
06902
203-276-8100
Vogel Gary
Officer
Director
Common Stock
Fidelity Brokerage Services LLC
245 Summer Street
Boston
MA
02110
6503
325740.32
13711744
06/23/2023
NYSE
Common Stock
02/22/2022
Option Declared/Stock Option Exercise
Issuer
N
1644
02/22/2022
Net share settlement
Common Stock
02/10/2022
Option Declared/Stock Option Exercise
Issuer
N
1393
02/10/2022
Net share settlement
Common Stock
02/01/2022
Option Declared/Stock Option Exercise
Issuer
N
1272
02/01/2022
Net share settlement
Common Stock
01/03/2022
Share Grant
Issuer
N
2194
01/03/2022
N/A
Y
06/23/2023
03/14/2023
/s/ Myra King, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Gary Vogel