Globus Maritime

Globus Maritime Ltd. is a holding company, which engages in the provision of marine transportation services. It owns, operates, and manages dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. The company was founded by Athanasios Georgios Feidakis and Georgios Karageorgiou on July 26, 2006 and is headquartered in Athens, Greece.

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Globus Maritime Ltd. is an integrated dry bulk shipping company that provides marine transportation services. It owns, operates, and manages dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. The company was founded by Athanasios Georgios Feidakis and Georgios Karageorgiou on July 26, 2006 and is headquartered in Athens, Greece.

GLYFADA, Greece, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS) announced today that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk vessels (the “Vessels”). One of the Vessels is a 2016-built dry bulk vessel with a carrying capacity of approximately 81,119 dwt and has a purchase price of $27.5 million, and the other Vessel is a 2014-built dry bulk vessel with a carrying capacity of approximately 81,817 dwt and has a purchase price of $26.5 million, in each case subject to standard adjustments. An aggregate of $18.0 million of the purchase price for the 2016-built Vessel will be paid upon its delivery (including the deposit), and the remaining balance is to be paid in one lump sum without interest no later than one year after the date of the relevant memorandum of agreement.   An aggregate of $17.0 million of the purchase price for the 2014-built Vessel will be paid upon its delivery (including the deposit), and the remaining balance is to be paid in one lump sum without interest no later than one year after the date of the relevant memorandum of agreement.

Globus Maritime Limited Announces Agreements to Purchase Two Vessels

GLYFADA, Greece, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it took delivery of the M/V “Glbs Magic,” a 2024 new built Ultramax dry bulk carrier, on September 20, 2024.

Globus Maritime Limited Announces the Delivery of a 2024-Built Ultramax Dry Bulk Vessel “Glbs Magic,” Expanding Fleet to Eight Vessels

GLYFADA, Greece, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30, 2024.

Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-month period ended June 30, 2024

GLYFADA, Greece, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”), (NASDAQ: GLBS), a dry bulk shipping company, announced the results of its annual meeting of shareholders, held earlier today in Glyfada, Greece. The following proposals were approved and adopted at the meeting:

Globus Maritime Announces Results of Annual Meeting of Shareholders

GLYFADA, Greece, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the quarter and six-month period ended June 30, 2024, after the market closes in New York on Thursday, September 12, 2024.

Globus Maritime Sets Date for the Release of Second Quarter and First Half 2024 Results

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GLYFADA, Greece, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that the annual meeting of shareholders will be held at the offices of Globus Shipmanagement Corp. at 128 Vouliagmenis Avenue in Glyfada, Attica Greece, on September 12, 2024, at 11:00 a.m. local time.

Globus Maritime Announces Annual Meeting of Shareholders

GLYFADA, Greece, June 07, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2024.

Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2024

GLYFADA, Greece, June 05, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the three‐month period ended March 31st, 2024, after the market closes in New York on Friday, June 7th, 2024.

Globus Maritime Sets Date For the Release of First Quarter 2024 Results

GLYFADA, Greece, March 15, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus," the “Company," “we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that the Company's annual report on Form 20-F that contains the Company's audited financial statements for the fiscal year ended December 31, 2023 was filed today with the Securities and Exchange Commission, and may be found on the Company's website at www.globusmaritime.gr under Investor Relations.

Globus Maritime Announces Filing of its 2023 Annual Report on Form 20–F

GLYFADA, Greece, Jan. 25, 2024 (GLOBE NEWSWIRE) -- 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 “Glbs Hero,” a 2024 new built Ultramax dry bulk carrier it acquired for a purchase price of about $37.5 million, of which the Company had previously announced on May 10, 2022.

Globus Maritime Limited Announces the Delivery of a 2024-Built Ultramax Dry Bulk Vessel “Glbs Hero,” Expanding Fleet to Seven Vessels

GLYFADA, Greece, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30, 2023.

Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2023

GLYFADA, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the three- and nine-months period ended September 30, 2023, after the market closes in New York on Thursday, November 16, 2023.

Globus Maritime Sets Date for the Release of Third Quarter and Nine Months 2023 Results

ATHENS, Greece, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus" or the “Company,") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has received a letter from NASDAQ, indicating that the Company has regained compliance with the $1.00 per share minimum closing bid price requirement for continued listing on the NASDAQ Capital Market, pursuant to the NASDAQ marketplace rules. For at least 10 consecutive business days from September 18 to September 29, 2023, the closing bid price has been greater than $1.00. NASDAQ indicated within its letter that since the Company has regained compliance with Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”), this matter is now closed.

Globus Maritime Limited Regains Compliance with NASDAQ's Minimum Closing Bid Price

Shares of Globus Maritime have more than doubled in value in the past month as the founder and chairman Georgios Feidakis more than tripled his ownership in the company. Last week, Firment Shipping, an entity controlled by Mr. Feidakis disclosed a 12.5% stake in the company. Like many Greece-based nano-cap shippers, Globus Maritime has raised significant funds through offerings led by controversial investment bank Maxim Group, resulting in substantial dilution for common equity holders.

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GLYFADA, Greece, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30, 2023.

Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-month period ended June 30, 2023

GLYFADA, Greece, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the quarter and six-month period ended June 30, 2023, after the market closes in New York on Tuesday September 12, 2023.

Globus Maritime Sets Date for the Release of Second Quarter and First Half 2023 Results

GLYFADA, Greece, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus," the “Company," “we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has signed two contracts, through its wholly owned subsidiaries, for the construction and purchase of two fuel-efficient bulk carriers of about 64,000 DWT. The vessels will be built at a reputable shipyard in Japan and are scheduled to be delivered during the second half of 2026. The total consideration for the construction of the vessel is approximately $75.5 million, including various extras. The Company intends to finance with a combination of debt and equity.

Globus Maritime Limited Signs New Building Agreements for the Acquisition of Two Fuel-Efficient 64,000-DWT Motor Bulk Carriers

GLYFADA, Greece, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS) announced today that it has entered into, amended and restated a term loan facility with First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.) for an additional borrowing of $25 million, increasing the loan facility to $77.25 million. As part of the amendment, the Diamond Globe and Power Globe, previously unencumbered ships, became part of the security package for this loan facility. The interest rate on the loan facility was also lowered to Term SOFR together with an adjustment of 0.1% per annum, plus a margin of 2.70%.

Globus Maritime Limited Announces Amendment to Term Loan Facility and Signs Agreements to Sell Two Vessels

GLYFADA, Greece, July 14, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company" or ”Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today it has received written notification from the Nasdaq Stock Market (“Nasdaq”) dated July 12, 2023, indicating that because the closing bid price of the Company's common stock from May 25, 2023 to July 11, 2023, constituting 30 consecutive business days, was below $1.00 per share, the Company no longer meets the minimum bid price continued listing requirement for the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until January 8, 2024.

Globus Maritime Limited Announces Receipt of Nasdaq Notice of Deficiency

GLYFADA, Greece, June 02, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2023.

Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2023

GLYFADA, Greece, May 31, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus," the “Company”, (“we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the three‐month period ended March 31, 2023, after the market closes in New York on Friday June 2nd, 2023.

Globus Maritime Sets Date for the Release of First Quarter 2023 Results

GLYFADA, Greece, March 20, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus," the “Company," “we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that the Company's annual report on Form 20-F that contains the Company's audited financial statements for the fiscal year ended December 31, 2022 was filed today with the Securities and Exchange Commission, and may be found on the Company's website at www.globusmaritime.gr under Investor Relations.

Globus Maritime Announces Filing of its 2022 Annual Report on Form 20–F

GLYFADA, Greece, March 15, 2023 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that, through a wholly owned subsidiary, it has entered into a binding agreement to sell to an unaffiliated third party its 2007-built supramax vessel, of 58,790 dwt, the m/v Sun Globe, for a gross price of US$ 14.1 million before commissions and expenses. The vessel is expected to be delivered to its new owner between May 1, 2023, and May 30, 2023. The sale of the vessel is subject to customary closing conditions and requirements.

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