Globus Maritime Limited (Globus) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has secured new time charter employment for its vessel Moon Globe (a 74,432-deadweight ton built Panamax dry bulk carrier built in 2005, at Hudong-Zhonghua Shipyard in China).
The vessel has been chartered to an unrelated charterer. The charter commences on January 21, 2021 and has a minimum duration of three months 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 $1.3 million assuming the charter continues for the minimum scheduled period and approximately $2.4 million if the charter continues for the maximum period, in each case assuming no offhire days.
Athanasios (Thanos) Feidakis, President and CEO of Globus commented: “We are very pleased that after this charter and in combination with our current Galaxy Globe charter, we have now secured what we expect to be about 40% of our projected fleet operating expenses for 2021 in what looks like a promising start to the year.”
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.
Source: Globus Maritime