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Globus Maritime ( (GLBS) ) has provided an update.
On February 11, 2025, Globus Maritime Limited announced the sale of its 2007-built supramax vessel, the m/v River Globe, for $8.55 million. The sale to an unaffiliated third party is expected to be finalized between March 1 and April 15, 2025, contingent on standard closing conditions. This transaction represents a strategic move in managing their fleet, potentially impacting their operational efficiency and market positioning.
More about Globus Maritime
Globus Maritime Limited is an integrated dry bulk shipping company that provides marine transportation services worldwide. The company operates a fleet of ten dry bulk vessels, transporting commodities like iron ore, coal, grain, steel products, cement, and alumina internationally, with a total carrying capacity of 734,249 dead weight tons as of February 11, 2025.
YTD Price Performance: 5.74%
Average Trading Volume: 51,465
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $26.55M
Learn more about GLBS stock on TipRanks’ Stock Analysis page.