Globus Maritime Buys Kamsarmax Vessel

Dry bulk shipping company Globus Maritime has agreed to buy a 2015-built Kamsarmax vessel built by the Hudong-Zhonghua Shipbuilding shipyard, for $18.4 million, the company said Monday.

While the company did not say which vessel exactly it was buying, nor from whom, it is worth noting that just a few days prior, on Friday, October 9, Scorpio Bulkers announced the sale of the SBI Conga, "a Kamsarmax vessel built in 2015, for $18.4 million." 

Also, SBI Conga was built by Hudong Zhonghua, which corresponds to Globus Maritime's statement, too.

Both Scorpio and Globus said in their separate statement that the delivery of the vessel was expected to take place in the fourth quarter of 2020, 

"On completion of this acquisition, the fleet of Globus will expand to six modern dry bulk carriers with a total carrying capacity of 381,738 deadweight tons and a weighted average age of 10.9 years (as of September 30, 2020)."

 Athanasios (“Thanos”) Feidakis, President and CEO of Globus said: "We are very pleased to announce the agreement to purchase a modern vessel that will increase our fleet carrying capacity, lower the average age of the fleet and expand the company in a larger asset class. 

"We believe that this investment is a good asset in a market with promising prospects with a long operating life. We are thrilled to welcome the vessel in our fleet and operations. We continue to view expansion opportunities and as the market moves towards healthier fundamentals we are carefully and continuously searching for vessels that fit our profile and operational needs.”