Core Viewpoint - Globus Maritime Limited has signed agreements to acquire two Kamsarmax scrubber outfitted dry bulk vessels, enhancing its fleet capacity and operational capabilities [1][2]. Group 1: Acquisition Details - The first vessel is a 2016-built dry bulk vessel with a carrying capacity of approximately 81,119 dwt, purchased for $27.5 million [1]. - The second vessel is a 2014-built dry bulk vessel with a carrying capacity of approximately 81,817 dwt, purchased for $26.5 million [1]. - Payment for the 2016-built vessel includes $18.0 million upon delivery, with the remaining balance due within one year [1]. - Payment for the 2014-built vessel includes $17.0 million upon delivery, with the remaining balance due within one year [1]. Group 2: Ownership and Approval - Each vessel is owned by an entity controlled by the Chairman of the Board, with the purchase approved by a committee of independent directors and the full Board of Directors [2]. - The vessels are expected to be delivered during the fourth quarter of 2024, subject to standard closing conditions [2]. Group 3: Fleet Expansion - Following the delivery of both vessels, Globus Maritime's fleet will consist of ten dry bulk carriers with a total carrying capacity of approximately 734,249 dwt [2]. - The company currently operates a fleet of eight vessels (excluding the new acquisitions) with a total carrying capacity of 571,313 dwt and a weighted average age of 7.2 years as of October 24, 2024 [3]. Group 4: Company Overview - Globus Maritime Limited is an integrated dry bulk shipping company providing marine transportation services globally, transporting various dry bulk cargoes [3].
Globus Maritime Limited Announces Agreements to Purchase Two Vessels