A lot of people have similiar problem as they found
Red Eagle difficult to control. That's because she is driven by Voith Schneider units (the only ship in SS2008 with this type of propulsion).
At first, I had a lot of trouble steering
Red Eagle and actually thought it was a bug as well until someone pointed out that this was due to the way VS units work. Whoops!
After a few hours of familiarization with
Red Eagle in the 'free roaming' environment, I managed to get the hang of it and now she is actually my favourite ship in SS2008. If you do a search, you'll also find that I've posted a useful aide memoire on how to get
Red Eagle move in any direction you want her to go.
Happy sailing!