Earnings ·
Globus Maritime Limited reported net income of $5.1 million ($0.24 per share) for the six months ended June 30, 2026…
GLBSGlobus Maritime Ltd
Globus Maritime Limited reported net income of $5.1 million ($0.24 per share) for the six months ended June 30, 2026, a reversal from a $3.35 million loss in the prior year period. Revenue increased 48% to $26.9 million, driven by a 71% rise in daily Time Charter Equivalent rates to $17,691 per vessel. Adjusted EBITDA reached $15.3 million compared to $5.2 million previously. The company operates an average fleet of nine dry bulk carriers with 99% utilization. Globus Maritime Limited is a dry bulk shipping company that owns and operates vessels for the international transportation of commodities.