Globus Maritime reports 3Q16 loss
Published by Jonathan Rowland,
Editor
Dry Bulk,
Dry bulk shipping company, Globus Maritime, has reported an increased loss in 3Q16 compared to the same period in 2015. The company lost US$2.8 million in the three months to September 2016, down from US$2.5 million in 3Q15.
Despite this, the company’s year-to-date performance remains well ahead of last year’s. Its loss for the first nine months of this year stood at US$9.7 million compared to a loss of US$16.1 million over the first nine months of 2015.
Global operates five bulk carriers: four supramax and one panamax. All of its vessels are currently operating on short-term time charters.
Read the article online at: https://www.drybulkmagazine.com/shipping/23112016/globus-maritime-reports-3q16-loss/
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