Greece´s Globus Maritime Limited, a dry bulk shipping company, has struck a deal to sell its 2007-built supramax vessel for a gross price of US$ 14.1 million before commissions and expenses.

The Nasdaq-listed company has entered into a binding agreement to sell to an unaffiliated third party, through its subsidiary, the 58,790 deadweight vessel Sun Globe.

The company led-by Georgios Feidakis, who is the Chairman of the board of directors, will deliver the vessel to its new owner between May 1, 2023 and May 30, 2023, but the sale is subject to customary closing conditions and requirements.

Meanwhile, the company has entered into three ship building deals for the construction of three new ultramax vessels.

Athanasios Feidakis, President and CEO of Globus commenting on the sale said: “This transaction is in line with the Company’s new strategy to eventually divest assets that do not fit in with Company’s commitment to renew its fleet into modern and fuel efficient vessels.”

Globus currently owns, operates, and manages a fleet of nine dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate nine vessels, with a total carrying capacity of 626,257 deadweight (including m/v Sun Globe), and a weighted average age of 11.4 years as of March 15, 2023.