Welcome to our dedicated page for Globus Maritime news (Ticker: GLBS), a resource for investors and traders seeking the latest updates and insights on Globus Maritime stock.
Globus Maritime Limited (GLBS) is a global provider of dry bulk shipping services, specializing in the transportation of commodities like iron ore, coal, and grain. This page serves as the definitive source for all official company announcements, financial updates, and operational developments.
Investors and industry stakeholders will find curated press releases covering earnings reports, fleet acquisitions, and strategic partnerships, alongside analysis of market trends impacting maritime logistics. The resource is designed to streamline due diligence by centralizing material information about GLBS's operations and industry positioning.
Content is updated regularly to include new vessel deployments, regulatory compliance milestones, and management commentary. Bookmark this page to monitor how Globus Maritime navigates evolving trade dynamics while maintaining its focus on operational efficiency and safety standards.
Globus Maritime (NASDAQ: GLBS), a dry bulk shipping company, announced the delivery of the M/V “Glbs Magic,” a 2024-built Ultramax dry bulk carrier, on September 20, 2024. Built at Nantong COSCO KHI Ship Engineering Co., , the vessel has a carrying capacity of approximately 64,000 DWT. This marks the third Ultramax newbuilding received by Globus this year. The M/V “Glbs Magic” has been chartered to a reputable European operator at a gross daily rate of 124% of the Baltic Supramax Index 10 TC routes for about one year. This acquisition expands Globus' fleet to eight vessels, with a total carrying capacity of around 571,313 DWT.
Globus Maritime (NASDAQ: GLBS) reported its Q2 and H1 2024 financial results. Key highlights include:
- Q2 2024 revenue: $9.5 million
- Q2 2024 net income: $3.3 million
- Q2 2024 Adjusted EBITDA: $4 million
- Q2 2024 Time Charter Equivalent (TCE): $14,578 per day
The company delivered two new Ultramax vessels in 2024: GLBS Hero (64,000 DWT) in January and GLBS Might (64,000 DWT) in August. Globus also sold its 2005-built Moon Globe for $11.5 million. The company's fleet now consists of seven dry bulk carriers with a weighted average age of 7.9 years.
Globus secured new financing, including a $28 million sale and leaseback agreement for GLBS Might and a $23 million loan facility for GLBS Hero. The company remains focused on fleet renewal and expansion with modern, fuel-efficient vessels.
Globus Maritime (NASDAQ: GLBS), a dry bulk shipping company, held its annual meeting of shareholders on September 12, 2024, in Glyfada, Greece. The shareholders approved two key proposals:
1. The election of Mr. Jeffrey O. Parry and Ms. Christina Tampourea as Class II directors, who will serve until the 2027 Annual Meeting of Shareholders.
2. The appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the company's independent auditors for the fiscal year ending December 31, 2024.
These decisions reflect the company's commitment to corporate governance and financial transparency.
Globus Maritime (NASDAQ: GLBS), a dry bulk shipping company, has announced that it will release its financial results for the second quarter and first half of 2024 on Thursday, September 12, 2024, after the New York market closes. The company, based in Glyfada, Greece, operates in the dry bulk shipping sector and is listed on the NASDAQ stock exchange. This upcoming financial report will provide investors and analysts with important information about Globus Maritime's performance during the first six months of 2024, potentially impacting the company's stock price and market perception.
Globus Maritime (NASDAQ: GLBS), a dry bulk shipping company, has announced its annual meeting of shareholders. The meeting is scheduled for September 12, 2024, at 11:00 a.m. local time, and will be held at the offices of Globus Shipmanagement Corp. in Glyfada, Greece. Shareholders of record as of August 8, 2024, are eligible to receive notice and vote at the meeting. The company has made the Notice of the Annual Meeting of Shareholders and Proxy Statement available for free on their website in the investors section. Formal notice and proxy statement will be sent to shareholders in due course.
Globus Maritime (NASDAQ: GLBS) reported unaudited financial results for Q1 2024. Revenue decreased to $7.7 million from $8.6 million in Q1 2023. Adjusted EBITDA rose to $2 million from $1.3 million. TCE per day increased to $11,862 from $8,780. The fleet consists of seven dry bulk carriers. The company took delivery of a new Ultramax vessel in January 2024 and sold the Moon Globe vessel for $11.5 million. A $28 million sale and leaseback agreement was entered for another vessel. Net loss was $0.3 million compared to a net income of $2.6 million in Q1 2023. Basic and diluted loss per share was $0.01.
Globus Maritime (NASDAQ: GLBS), a dry bulk shipping company, announced it will release its financial results for Q1 2024 on June 7, 2024, after the market closes.
FAQ
What is the current stock price of Globus Maritime (GLBS)?
What is the market cap of Globus Maritime (GLBS)?
