Greece’s Globus Maritime is trying to boost its fleet with the construction and purchase of two fuel-efficient bulk carriers of about 64,000 dwt.

The bulker owner said it has sealed two contracts, through its subsidiaries, for the construction and purchase of two bulk carriers which will be built at a “reputable” shipyard in Japan.

The ships are scheduled to be delivered during the second half of 2026.

The total consideration for the construction of the vessel is approximately $75.5 million, including various extras. The company intends to finance with a combination of debt and equity.

“We are pleased to announce the ordering of our fourth and fifth ultramax newbuildings from a reputable shipbuilder. We remain consistent in our commitment in renewing our fleet with modern and fuel-efficient vessels. Our efforts in enhancing shareholders value and growing our fleet continue to be firm,” Athanasios Feidakis President and CEO of Globus commented.

Globus’ subsidiaries own and operate eight vessels with a total carrying capacity of 567,467 dwt and a weighted average age of 11.2 years as of June 30, 2023.

The Nasdaq-listed firm recently entered into a binding agreement to sell the 2009-built ship Sky Globe for a gross price of $10.7 million, before commissions and expenses, to an undisclosed third-party buyer. The sale is subject to standard closing conditions and requirements. The vessel is expected to be delivered to its new owner between September 1st, 2023 and September 30th, 2023.

Furthermore, the company on August 16th, through its owned subsidiary, sealed a deal to sell the 2010-built ship Star Globe for a gross price of $11.2 million, before commissions and expenses, subject to standard closing conditions and requirements. The vessel Star Globe is also expected to be delivered to its new owner between September 1st, 2023 and September 30th, 2023.