Globus Maritime on Course To Fuel Efficiency

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Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has signed a contract for the construction and purchase of one fuel efficient bulk carrier of about 64,000
DWT, reports a short press release published on their website.

About the vessel 

The vessel will be built at Nihon Shipyard Co. in Japan and is scheduled to be delivered
during the first half of 2024. The total consideration for the construction of the vessel is
approximately $37.5 million, which the Company intends to finance with a combination of
debt and equity.

Official statement

“We are pleased to announce the ordering of our first Ultramax new building in what we
believe to be a high-quality shipbuilder. This order confirms our continuous commitment to
grow the Company, while also taking into consideration the latest trends in environmental
regulations affecting our industry. We are very excited to commence this project with a wellrespected shipyard. We are continuously exploring opportunities for further growth and
modernization of our fleet.”

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 nine dry bulk
vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate nine vessels with a total
carrying capacity of 626,257 DWT and a weighted average age of 10.4 years as of March 31, 2022.

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Source: Globus Maritime

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