Recent Updates — GLBS
Globus Maritime Limited announced the delivery of the M/V 'Glbs Olympia,' a 2026-built Ultramax dry bulk carrier with approximately 64,000 DWT carrying capacity. This acquisition expands the company's fleet to ten vessels, bringing total carrying capacity to approximately 744,622 DWT and maintaining a weighted average vessel age of about eight years as of September 14, 2026. The vessel was constructed at Nihon Shipyard Co in Japan and represents the fourth Ultramax newbuilding acquired by the company. Globus Maritime Limited operates an integrated dry bulk shipping business that provides marine transportation services worldwide.
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.
Globus Maritime Limited entered into Amendment No. 2 to the Shareholders Rights Agreement with Computershare Trust Company, N.A. on July 22, 2026. The amendment extends the expiration date of the Rights from August 3, 2026, to August 3, 2028, and increases the exercise price for each one one-thousandth of a preferred share to $10.00. Globus Maritime Limited is a maritime shipping company that manages and operates vessel-based shipping services.
Globus Maritime Limited reports its financial results for the quarter ended March 31, 2026. The filing includes management's discussion and analysis and unaudited interim condensed consolidated financial statements for the three-month periods ended March 31, 2026 and March 31, 025. Globus Maritime Limited is a shipping company that manages and operates vessel-based shipping operations.