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Globus Maritime Limited Announces the Delivery of a 2026-Built Ultramax Dry Bulk Vessel “Glbs Olympia,” Expanding Fleet to Ten Vessels

Delivery of the 2026-built Ultramax "Glbs Olympia" lifts Globus Maritime’s fleet to ten vessels totaling about 744,622 DWT.

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Globus Maritime (GLBS) has taken delivery of the M/V “Glbs Olympia,” a 2026-built Ultramax dry bulk carrier with about 64,000 DWT capacity, built at Nihon Shipyard in Japan.

This is Globus’s fourth Ultramax newbuilding and is described by the company as a modern, fuel-efficient vessel that supports its fleet renewal and modernization strategy. Following this acquisition, Globus’s fleet comprises ten dry bulk carriers with a total carrying capacity of approximately 744,622 DWT and a weighted average age of about 8 years as of September 14, 2026.

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Positive

  • New Ultramax vessel added with approximately 64,000 DWT capacity
  • Fleet expanded to ten dry bulk carriers totaling about 744,622 DWT
  • Weighted average fleet age about 8 years as of September 14, 2026

Negative

  • None.

Key Figures

Vessel build year: 2026-built Vessel capacity: approximately 64,000 DWT Fleet size: 10 vessels +2 more
Vessel build year
2026-built
M/V Glbs Olympia
Vessel capacity
approximately 64,000 DWT
New Ultramax dry bulk carrier
Fleet size
10 vessels
Following the acquisition
Fleet carrying capacity
approximately 744,622 DWT
Following the acquisition
Weighted average fleet age
about 8 years
As of September 14, 2026

Historical Context

1 past event · Latest: Jun 10
1 event
  1. Jun 10

    Q1 earnings report

    24h Move
    +4.7%

    Q1 report said two fuel-efficient Ultramax newbuildings were scheduled for second-half 2026 delivery

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ultramax, newbuilding
2 terms
ultramax technical
"a 2026 new built Ultramax dry bulk carrier"
Ultramax is a term used to describe a product, service, or feature that represents the highest level of performance, quality, or capacity within its category. For investors, recognizing ultramax offerings can signal potential for maximum returns or dominance in the market, much like choosing a top-tier option that stands out for its exceptional features. It indicates a premium or peak position that may influence investment decisions.
newbuilding technical
"our fourth Ultramax newbuilding from a reputable shipbuilder"
A newbuilding is a contract to construct a brand-new ship at a shipyard, similar to ordering a custom vehicle that will be delivered at a future date. For investors, newbuilding orders matter because they signal planned fleet growth or renewal, require large upfront or staged payments, and affect future revenue capacity, capital commitments, and exposure to changes in shipping demand or construction costs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GLYFADA, Greece, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has taken delivery of the M/V “Glbs Olympia,” a 2026 new built Ultramax dry bulk carrier it acquired and which the Company had previously announced on August 23, 2023.

The M/V “Glbs Olympia” was built at the Nihon Shipyard Co in Japan and has a carrying capacity of approximately 64,000 DWT.

Athanasios Feidakis President and CEO of Globus commented:

“We are pleased to announce the delivery of our fourth Ultramax newbuilding from a reputable shipbuilder, marking another important milestone in the ongoing renewal and modernization of our fleet. The addition of this modern, fuel-efficient vessel further strengthens our operational capabilities and efficiency. Our fleet renewal strategy remains focused on investing in high-quality, commercially competitive tonnage that is well positioned to meet the evolving requirements of the global shipping industry.

“We remain committed to disciplined growth and the selective expansion of our fleet, while maintaining a prudent approach to capital allocation. By strengthening our competitive position and enhancing the quality and efficiency of our fleet, we aim to deliver sustainable, long-term value to our shareholders.”

Following this acquisition, the fleet of Globus comprises of ten dry bulk carriers with a total carrying capacity of approximately 744,622 DWT.

About Globus Maritime Limited

Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of ten dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate ten vessels with a total carrying capacity of approximately 744,622DWT and a weighted average age of about 8 years as of September 14, 2026.

Safe Harbor Statement

This communication contains “forward-looking statements” as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons specifically as described in the Company’s filings with the Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Globus undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this communication or to reflect the occurrence of unanticipated events. You should, however, review the factors and risks Globus describes in the reports it files from time to time with the Securities and Exchange Commission.

For further information please contact:

Globus Maritime Limited+30 210 960 8300
Athanasios Feidakisa.g.feidakis@globusmaritime.gr
Capital Link – New York+1 212 661 7566
Nicolas Bornozisglobus@capitallink.com
  



FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What types of cargo does Globus Maritime’s fleet transport?

Globus Maritime provides marine transportation services worldwide and its ten dry bulk vessels transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally.

How many Ultramax newbuildings does Globus Maritime now have?

The company describes the M/V “Glbs Olympia” as its fourth Ultramax newbuilding, contributing to its fleet renewal and modernization strategy.

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