Globus Maritime Announces the Delivery of the Supramax "Sun Globe," Expanding Fleet to Seven Vessels.
Globus Maritime Limited ("Globus" or the "Company"), (NASDAQ: GLBS), a dry bulk shipping company, announced that it has taken delivery of the M/V "Sun Globe," a 2007-built Supramax dry bulk carrier it acquired for a purchase price of $30.3 million, which the Company had previously announced in March 2011.
The M/V "Sun Globe" was built at the Tsuneishi Heavy Industries Cebu yard and has a carrying capacity of 58,790 DWT. Following delivery, the vessel will continue her deployment under a time charter to Cosco Qingdao at the gross daily rate of $16,000 until (min) January / (max) March 2015. Following this acquisition, the fleet of Globus comprises of seven modern dry bulk carriers with a total carrying capacity of 452,886 DWT and a weighted average age of 4.8 years as of September 15, 2011.