AsiaDry CargoEurope

Globus Maritime seals $75.5m order for two more bulkers

Greek bulker owner Globus Maritime has signed two contracts for the construction and purchase of two bulk carriers of about 64,000 dwt.

Globus said that vessels would be built at a “reputable” shipyard in Japan and were scheduled to be delivered during the second half of 2026.

The total consideration for the construction of the vessel is around $75.5m, including various extras. The company intends to finance with a combination of debt and equity.

“We are pleased to announce the ordering of our fourth and fifth ultramax newbuildings from a reputable shipbuilder. We remain consistent in our commitment to renew our fleet with modern and fuel-efficient vessels,” Athanasios Feidakis, president and CEO of Globus, stated.

Globus’ subsidiaries own and operate eight vessels with a total carrying capacity of 567,467 dwt and a weighted average age of 11.2 years as of June 30, 2023. The previously ordered ultramax trio is still under construction.

The Nasdaq-listed firm recently sold two of its supramaxes for a total of $21.9m. It sold the 2009-built Sky Globe and 2010-built Star Globe to undisclosed third-party buyers for $10.7m and $11.2m, respectively, before commissions and expenses.

Both 65,900 dwt ships, expected to change hands in September, were bought as a resale for 32.8m each from Singapore’s Wilmar Ship Holdings in 2010 and are today worth between $12.5 and $13m, according to VesselsValue.

Bojan Lepic

Bojan is an English language professor turned journalist with years of experience covering the energy industry with a focus on the oil, gas, and LNG industries as well as reporting on the rise of the energy transition. Previously, he had written for Navingo media group titles including Offshore Energy Today and LNG World News. Before joining Splash, Bojan worked as an editor for Rigzone online magazine.
Back to top button