Globus Maritime Limited Announces the Delivery, and a New Charter, of a 2018-Built “Eco” Kamsarmax Dry Bulk Vessel “Dia...
June 15 2021 - 9:00AM
Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS),
a dry bulk shipping company, announced today that it has taken
delivery of the M/V “Diamond Globe”, a 2018-built “Eco” (i.e., with
certain fuel efficiency design features) Kamsarmax dry bulk carrier
it acquired for a purchase price of $27 million, which the Company
previously announced on March 23, 2021.
The M/V “Diamond Globe” was built at the Jiangsu
New Yangzi Shipbuilding yard in China and has a carrying capacity
of 82,027 DWT.
Following this acquisition, the Company’s fleet
is comprised of seven dry bulk carriers with a total carrying
capacity of 463,765 DWT.
The Company has also agreed to charter the M/V
“Diamond Globe” to an unrelated third party at a daily rate of
$27,250. The charter is expected to commence at the earliest on
June 16, 2021 and has a minimum duration of four months (minus 15
days) and a maximum duration of six months (plus 15 days) for
redelivery at the charterer’s option. This charter is expected to
generate gross revenue of approximately $2.94 million assuming the
charter continues for the minimum scheduled period and
approximately $5.45 million if the charter continues for the
maximum period, in each case assuming no offhire days.
Subsequent to this delivery, the Company is
expecting delivery of a Kamsarmax dry bulk carrier that the Company
previously agreed to acquire and announced on February 18, 2021.
The Company expects to have this vessel delivered during the third
quarter of 2021, subject to standard closing conditions and
requirements. Upon delivery of this vessel, the fleet of Globus
will expand to eight modern dry bulk carriers with a total carrying
capacity of 544,420 deadweight tons and a weighted average age of
10.1 years (as of June 15, 2021).
Athanasios (“Thanos”) Feidakis, President and
CEO of Globus commented:
“We are pleased to welcome Diamond Globe to our
group. The timing of the delivery is beneficial to our company as
the dry bulk shipping market is experiencing a recovery both in the
charter rate market as well as on asset prices. We remain focused
on capturing the upside of the market and generating long-term
value.”
About Globus Maritime Limited
Globus is an integrated dry bulk shipping
company that provides marine transportation services worldwide and
presently owns, operates and manages a fleet of seven dry bulk
vessels that transport iron ore, coal, grain, steel products,
cement, alumina and other dry bulk cargoes internationally. Globus’
subsidiaries own and operate seven vessels with a total carrying
capacity of 463,765 Dwt and a weighted average age of 10.1 years as
of June 15, 2021.
Safe Harbor Statement
This communication contains “forward-looking
statements” as defined under U.S. federal securities laws.
Forward-looking statements provide the Company’s current
expectations or forecasts of future events. Forward-looking
statements include statements about the Company’s expectations,
beliefs, plans, objectives, intentions, assumptions and other
statements that are not historical facts or that are not present
facts or conditions. Words or phrases such as “anticipate,”
“believe,” “continue,” “estimate,” “expect,” “intend,” “may,”
“ongoing,” “plan,” “potential,” “predict,” “project,” “will” or
similar words or phrases, or the negatives of those words or
phrases, may identify forward-looking statements, but the absence
of these words does not necessarily mean that a statement is not
forward-looking. Forward-looking statements are subject to known
and unknown risks and uncertainties and are based on potentially
inaccurate assumptions that could cause actual results to differ
materially from those expected or implied by the forward-looking
statements. The Company’s actual results could differ materially
from those anticipated in forward-looking statements for many
reasons specifically as described in the Company’s filings with the
Securities and Exchange Commission. Accordingly, you should not
unduly rely on these forward-looking statements, which speak only
as of the date of this communication. Globus undertakes no
obligation to publicly revise any forward-looking statement to
reflect circumstances or events after the date of this
communication or to reflect the occurrence of unanticipated events.
You should, however, review the factors and risks Globus describes
in the reports it files from time to time with the Securities and
Exchange Commission.
For further information please contact: |
|
|
Globus
Maritime Limited |
+30 210 960
8300 |
Athanasios Feidakis |
a.g.feidakis@globusmaritime.gr |
|
|
Capital Link – New York |
+1 212 661 7566 |
Nicolas Bornozis |
globus@capitallink.com |
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