Globus Maritime Ltd Announces the Delivery of the 2010-Built Kamsarmax Dry Bulk Carrier “Jin Star”
Athens, Greece, June 29, 2010. Globus Maritime Ltd ("Globus" or the
“Company") (AIM: GLBS), a global shipping transportation company that owns
and operates dry bulk carriers, announces that it took delivery today from an
unaffiliated third party of the bulk carrier “Jin Star”, a 79,800 DWT Kamsarmax
Bulk Carrier built in 2010 by Jiangsu Eastern Heavy Industry Co. in China,
which it had previously agreed to acquire as announced on June 23, 2010.
The vessel will fly the flag of Panama, and will continue her deployment under
a bareboat charter for a period of 5 years (plus 1 year at Bareboat Charterers’
option plus another year at Globus’ option) to a Far Eastern shipping entity.
The vessel acquisition was financed with a new bank facility that the Company
agreed with Deutsche Schiffsbank AG, and cash balances.
Globus’ fleet today comprises of a total of five modern dry bulk carriers with a
total carrying capacity of 319,952 dwt and a weighted average age of just 3.4
years, well below the industry average.
About Globus Maritime Limited
Globus is listed on the AIM of the London Stock Exchange under ticker GLBS. Jefferies International Limited is acting as nominated adviser and broker to the Company.
Globus Maritime Limited