Globus Maritime

Globus Maritime Inks New Supramax Charter

Globus Maritime has secured a new charter for 2009-built supramax bulker Sky Globe, says a press release published on their website.

Charter information
  • The charter commenced on March 2.
  • It is for a period of four to six months. 
  • Globus says the charter will generate between $1.67m and $3.1m depending on the charter length, assuming no off-hire days.
President and CEO of Globus

Athanasios Feidakis, president and CEO of Globus, commented: “Our focus for the first half of 2021 remains on taping the...

https://mfame.guru/globus-maritime-inks-new-supramax-charter/

Shipping IPO prospects slim as capital-market access plunges

Wall Street NYSE NASDAQ shipping stocks

In the mid-2000s, an entire subindustry emerged in New York to help raise capital for shipowners. Investment banks, lawyers and accountants raked in fees on initial public offerings (IPOs), follow-ons, takeovers and restructurings. Private fund managers bought equity and sold credit products.

In 2020, you could hear the crickets in these circles. Deal flow was even worse than last year.

According to analysis of public filings by American Shipper, U.S.-listed owners of pure commercial shipping...

https://www.freightwaves.com/news/shipping-ipo-prospects-slim-as-capital-market-access-plunges

2016 vote sparked fireworks for shipping stocks. Repeat in 2020?

stock exchanges

The surprise election of Donald Trump in 2016 sent shockwaves through the global shipping community. It also sent U.S.-listed shipping stocks soaring. Pricing and volumes went completely haywire. In a matter of days, some shares rose ten or twentyfold. Some volumes rose fiftyfold.

Could this year’s presidential election spark similar tumult for shipping equities?

The morning after (the last election)

Early on Nov. 9, 2016, the morning after the last presidential election, shipping financiers,...

https://www.freightwaves.com/news/2016-election-sparked-shipping-stock-fireworks-repeat-in-2020

Robinhood’s topsy-turvy Top 10 shipping stocks

NASDAQ

Retail stock traders have taken center stage this year, embracing speculative bets that institutional investors have shunned. How does this trend affect ocean shipping equities? One indicator is stocks owned by customers of the highly popular Robinhood platform.

Robinhood discloses how many of its users own each stock at any given time. This data is downloaded daily and measured over time by Robintrack.net. FreightWaves sifted through the Robintrack database and the Robinhood disclosures and...

https://s29755.pcdn.co/news/robinhoods-topsy-turvy-top-10-shipping-stocks

The rise of the shipping penny stock

Pennies

“How much percentage of a play can there be altogether?” Max Bialystok asked his accountant Leo Bloom in the movie “The Producers.”

“Max, you can only sell 100% of anything,” said Leo. “And how much of ‘Springtime for Hitler’ have we sold?” asked Max.

Bloom: “25,000%.”

Of course, it’s illegal to sell more than 100% of anything at once. But you can sell more than 100% of existing shares by increasing the total number of shares.

A lot more.

The key is to find enough buyers who don’t care they’re...

https://www.freightwaves.com/news/the-rise-of-the-shipping-penny-stock

A lost decade for shipping stocks

burning cash

A decade after the Great Recession, shipping stocks once again wallow in a sea of red, with yet another plunge on Friday due to coronavirus fears. 

There’s a sense of deja vu, not just because there’s another global crisis, but because there has been so little evolution in the public shipping space over the past 10 years.  Shipowners on Wall Street were supposed to mature into the kind of blue-chip, consolidated, corporate, creditworthy investment vehicles that are coveted by the long-only funds...

https://s29755.pcdn.co/news/a-lost-decade-for-shipping-stocks

«Ένεση» ρευστότητας για την Globus Maritime

H Globus Maritime Limited, της οποίας ηγείται o κ. Αθανάσιος Φειδάκης, ανακοίνωσε την Δευτέρα 1η Ιουλίου ότι προέβη στην αναχρηματοδότηση των πέντε πλοίων της μέσω δανειακής συμφωνίας ύψους $37 εκατ., την οποία σύναψε με την Blue Ocean Fund.

Να σημειωθεί, ότι η Globus Maritime διαχειρίζεται πέντε πλοία μεταφοράς ξηρού φορτίου, συνολικής χωρητικότητας 300.571 dwt και μέσου όρου ηλικίας τα 11,1 έτη.

Προ ολίγων ημερών, η εισηγμένη στο Nasdaq εταιρεία, ανακοίνωσε τα οικονομικά της αποτελέσματα για το...

https://www.naftikachronika.gr/2019/07/02/enesi-refstotitas-gia-tin-globus-maritime/

+ More