Globus Maritime has nine dry bulk carriers in the spot market.
Globus Maritime can benefited from the significant increase in global shipping rates because of the surge in demand for goods and a lack of capacity across the industry!
I wouldn`t be surprised to see it jump at $4.5 this year.
In H1 2021 total revenues increased by about 161% compared to H1 2020. Adjusted EBITDA increased by about 6.8 million.
Total comprehensive loss for H1 2021 decreased by about 94% compared to H1 2020.
As of June 30, 2021 cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%.
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