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Globus Maritime Secures Sale and Charter-back Deal for Vessel GLBS Magic
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Globus Maritime Secures Sale and Charter-back Deal for Vessel GLBS Magic

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Globus Maritime ( (GLBS) ) has issued an announcement.

Globus Maritime Limited announced a $25 million sale and bareboat charter-back transaction for its vessel, GLBS Magic, with a Japanese third party. This strategic move allows Globus to retain operational control of the vessel while optimizing its financial structure, indicating a focus on maintaining operational flexibility and long-term asset management.

More about Globus Maritime

Globus Maritime Limited is an integrated dry bulk shipping company providing marine transportation services worldwide. The company operates a fleet of ten dry bulk vessels, transporting commodities such as iron ore, coal, grain, and steel products internationally, with a total carrying capacity of 734,249 dead weight tons and an average age of 7.8 years.

YTD Price Performance: -55.47%

Average Trading Volume: 44,948

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $24.29M

For detailed information about GLBS stock, go to TipRanks’ Stock Analysis page.

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