Globus Maritime Announces New Charter for the M/V River Globe

Glyfada, Greece - June 23, 2021

Globus Maritime Limited (the "Company" or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has secured a new charter employment for its vessel M/V River Globe (a 53,627-deadweight ton Supramax dry bulk carrier built in2007, at the Yangzhou DayangS hipbuilding Co. Ltd).

The vessel has been chartered to an unrelated party for a gross daily rate of $29,500.

The charter commenced on June 21, 2021 and has a minimum duration of three months and a maximum duration of five months (plus 15 days) at the charterer's option, whichis expected to generate gross revenue of approximately $2.74 million assuming the charter continues for the minimum scheduled period and approximately $4.99 million if the charter continues for the maximum period, in each case assuming no offhire days.

Athanasios ("Thanos") Feidakis, President and CEO of Globus commented:

"We have secured short term employment as we continue to experience a strong market. We are focused on generating long term value and expect to continue to take advantage of a rising market."


M/V River Globe.   Image by Globus Maritime Limited.

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 seven dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally.

Globus' subsidiaries own and operate seven vessels with a total carrying capacity of 463,765 deadweight tons and a weighted average age of 10.2 years as of June 23, 2021.

Globus Maritime Limited press release