Globus Shipmanagement

Nasdaq-listed shipowner and operator Globus Maritime (GLBS) issued 2.6 million common shares and purchase warrants to buy up to 1.95 million units at $6.25 per share. Athanasios Feidakis led shipowner and operator Globus Maritime’s BOD (Board of Directors) has also decided to lower the exercise price on warrants offered on 9 December 2020 from $8.50 per share to $6.25 per share. Greek George Feidakis-backed shipowner and operator Globus Maritime (GLBS) anticipates over $25 million from both offers. In summer 2020, Globus Maritime (GLBS) made two share offers of $12 million and $15 million after selling $14 million in shares in a separate offer. Nasdaq listed shipowner and operator Globus Maritime (GLBS) controlled bulk carriers are managed by Athens based Globus Shipmanagement. 27-January-2021

 

Nasdaq-listed Greek shipowner and operator Globus Maritime (GLBS) is going to issue $15 million through a shares sale. Athanasios Feidakis led shipowner and operator Globus Maritime is also offering warrants that can be exercised to buy up to 83 million of shares at a later time. The purchase price for a share and a warrant will be $0.18 per share. Maxim Group is serving as sole organization for offering Globus Maritime’s share sales. Maxim Group has also underwritten several share offerings for publicly listed Greek shipping companies, such as Castor Maritime, Seanergy Maritime, and TopShips among others. Globus Maritime’s chief CEO Athanasios Feidakis has acquired shares worth $150,000 in Globus Maritime. Globus Maritime has authorized the issuance of 25,000 of its Series B preferred shares to Goldenmare, an investment company controlled by Feidakis Family. 19-July-2020

 

Nasdaq-listed Greek George Feidakis-backed shipowner and operator Globus Maritime (GLBS) is marketing $12 million shares. Last week, Globus Maritime sold $14 million shares. Direct offerings are anticipated to close on 30 June 2020. Maxim Group is acting as a book-runner for Globus Maritime’s shares. Currently, New York-listed dry bulk operator Globus Maritime’s stocks are trading at $0.38. Globus Maritime has been aiming to acquire kamsarmax, panamax, and supramax bulk carriers. Currently, Athens based shipowner and operator Globus Maritime has a fleet of one five (5) bulk carriers. 25-June-2020

 

Nasdaq-listed shipowner and operator Globus Maritime (GLBS) sees freight rates dip in Q3 2019 as spike proves short-lived. In Q3 2019, Globus Maritime (GLBS) reported net earnings of $0.28 million versus 0.25 million in Q3 2018. In Q3 2019, Globus Maritime (GLBS) reported revenue of $4.9 million and operating expenses of $2.4 million. In Q3 2019, Globus Maritime (GLBS) reported an average TCE (Time Charter) rate of $9,863 per day per ship. In Q3 2019, Globus Maritime (GLBS) encountered a short-term spike in the spot dry bulk market that supported the company to experience higher than normal freight rates. Nasdaq-listed shipowner and operator Globus Maritime (GLBS) is still being affected by the negative sentiment generated by the US-China trade war, iron ore export bans in Indonesia, and the coal import quotas in China. Globus Maritime (GLBS) foresees that the dry bulk market is expected to be volatile, however Globus Maritime (GLBS) anticipates an upward trend. Currently, Nasdaq-listed shipowner and operator Globus Maritime (GLBS) has a fleet of four (4) supramaxes and one (1) panamax bulk carrier. 10-December-2019

 

Nasdaq-listed Greek shipowner and operator Globus Maritime (GLBS) reported a $3 million loss in Q2 2019. According to Globus Maritime (GLBS), the dry bulk freight market was under severe pressure due to the ongoing concerns in the US-China trade war and the ongoing iron ore supply disruptions. In Q2 2019, Greek George Feidakis-backed shipowner and operator Globus Maritime reported a revenue of $3.4 million and adjusted EBITDA of $110,000. According to Athanasios Feidakis led shipowner and operator Globus Maritime (GLBS), the dry bulk freight market began to increase toward the end of Q2 2019. Globus Maritime (GLBS) anticipates the dry bulk freight market to stay healthy for the remainder of 2019. In 2020, New York-listed shipowner and operator Globus Maritime (GLBS) predicts that the dry bulk freight market will strengthen even further as we move closer into 2020 due to IMO (International Maritime Organization) 2020 sulfur regulation. All the bulk carriers are managed by Athens based subsidiary Globus Shipmanagement Corporation. 27-September-2019

 

Nasdaq-listed Greek shipowner and operator Globus Maritime (GLBS) reported a $0.47 million in Q1 2019. In Q1 2019, Globus Maritime (GLBS) reported a revenue of $3.5 million due to dry bulk charter rates shifting to $6,736 per day per ship after the Brazilian Vale dam disaster took millions of iron-ore tonnes from the dry bulk market. Athanasios Feidakis led shipowner and operator Globus Maritime (GLBS) is satisfied with the company’s performance during Q1 2019. Notwithstanding the challenges in the dry bulk freight market in Q1 2019, Globus Maritime (GLBS) managed to decrease the company’s operating expenses. Globus Maritime (GLBS) anticipates the dry bulk freight rates will improve during Q3 2019 due to the demand from China and IMO (International Maritime Organization) 2020 sulfur regulations. All the bulk carriers are managed by Athens based subsidiary Globus Shipmanagement Corp. Currently, Nasdaq-listed Greek shipowner and operator Globus Maritime (GLBS) has a fleet of five (5) dry bulk ships. 10-June-2019

 

Nasdaq-listed shipowner and operator Globus Maritime (GLBS) reported a net loss of $1.3 million in Q4 2018. In Q4 2018, Globus Maritime (GLBS) reported revenue of $4.4 million and operating costs of $2.6 million. Athanasios Feidakis led shipowner and operator Globus Maritime (GLBS) reported a total revenue of $14.4 million for 2018. Globus Maritime (GLBS) is pleased with the company’s overall performance during 2018. Globus Maritime (GLBS) believes that the US-China trade war difficulties will be resolved this year. According to Globus Maritime (GLBS) Greek George Feidakis-backed shipowner and operator Globus Maritime, the US-China trade war, Brexit, Chinese New Year curbed the dry bulk carrier demand which scattered over onto the dry bulk charter rates. All the bulk carriers are managed by Athens based subsidiary Globus Shipmanagement Corp. 13-March-2019

 

Nasdaq-listed Greek shipowner and operator Globus Maritime (GLBS) lowered its losses in Q4 2017. New York-listed dry bulk operator Globus Maritime’s revenue for Q4 2017 increased to $3 million as the daily TCE (Time Charter Equivalent) rate increased to $8,112. Higher charter out rates resulting in more revenue. Globus Maritime reported a net loss of $1.2 million in Q4 2017. CEO Athanasios Feidakis is comfortable about the dry bulk market future. Globus Maritime’s approach is to charter out dry bulk carriers on short-medium term contracts. Globus Maritime is endeavoring fleet renewals in 2018. Furthermore, Globus Maritime has lowered its debt to DVB Bank and HSH Nordbank. Currently, New York-listed dry bulk operator Globus Maritime has a fleet of 4 supramax dry bulk carriers and 1 panamax dry bulk carrier. All the bulk carriers are managed by Athens based subsidiary Globus Shipmanagement Corp. 18-March-2018

 

Nasdaq-listed Greek shipowner and operator Globus Maritime (GLBS) sealed a deal with a private investor to sell a convertible notes issue worth $5 million. According to Greek George Feidakis-backed shipowner and operator Globus Maritime (GLBS), $5 million worth of convertible notes will strengthen Globus Maritime’s (GLBS) balance sheet. $5 million worth of convertible notes can be redeemed at any time by the Globus Maritime (GLBS). Globus Maritime (GLBS) may not issue shares to the investor that would see it own more than 9.99% of the company. Globus Maritime (GLBS) is going to use $5 million worth of convertible notes for general corporate purposes and working capital. In November 2018, Athanasios Feidakis led shipowner and operator Globus Maritime (GLBS) has secured a $15 million revolving credit facility from affiliated company Firment Shipping. All the bulk carriers are managed by Athens based subsidiary Globus Shipmanagement Corp. 13-March-2019

 

Greek George Feidakis-backed shipowner and operator Globus Maritime signed a settlement with moneylenders DVB Bank and HSH Nordbank. After loan improvements, Greek Globus Maritime decreased its working capital deficit to $9 million. Globus Maritime’s fleet has been managed subsidiary Globus Shipmanagement Corp. in Greece. 12-April-2017