Globus Maritime Announces New Charter for the M/V Sun Globe
Globus Maritime Limited (NASDAQ: GLBS) has announced a new charter for its vessel Sun Globe, a Supramax dry bulk carrier, commencing February 1, 2021. This charter has a minimum duration of four months, with potential extension up to six months, generating estimated gross revenue of $1.25 million to $2.3 million based on duration. CEO Athanasios Feidakis noted that securing this charter covers approximately 65% of projected operating expenses for 2021.
- Secured a new charter for the vessel Sun Globe, generating projected gross revenue of $1.25M to $2.3M.
- Charter duration covers a significant portion (about 65%) of projected operating expenses for 2021.
- None.
GLYFADA, Greece, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has secured a new charter employment for its vessel Sun Globe (a 58,790-deadweight ton built Supramax dry bulk carrier built in 2007, at Tsuneishi Heavy Industries Cebu shipyard).
The vessel has been chartered to an unrelated charterer. The charter commences on February 1, 2021 and has a minimum duration of four months (minus 15 days) and a maximum duration of six months, at the charterer’s option (plus 15 days for redelivery), which is expected to generate gross revenue of approximately
Athanasios (“Thanos”) Feidakis, President and CEO of Globus commented:
“We are very pleased to continue fixing our vessels on competitive rates and could have, assuming on the minimum duration of the charter, secured around
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 six dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate six vessels with a total carrying capacity of 381,738 deadweight tons and a weighted average age of 11.2 years as of December 31, 2020.
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 |
FAQ
What is the charter duration for Globus Maritime's vessel Sun Globe?
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