Plutux
$3.76
-1.57%
2026-09-03 16:00:01 EDT-$0.06
Industrials
Marine Shipping
NASDAQ
Active Trading

Globus Maritime Limited (GML) is an international dry bulk shipping firm that specializes in providing worldwide marine transportation services. The company owns, ...

Price Action

$3.76
-1.57%-$0.06
High
Low
52W High-4.6%
Rel. vol
Interval
Range4.8h
VolumeSMA5SMA10
Globus Maritime Limited (NASDAQ: GLBS) is an Athens, Greece-based provider of marine transportation services focused on the dry bulk segment. The company’s core business is the ownership and operation of dry bulk carriers used to transport commodities and raw materials such as iron ore, coal, grain, steel products, cement, alumina, ...Globus Maritime Limited (NASDAQ: GLBS) is an Athens, Greece-based provider of marine transportation services focused on the dry bulk segment. The company’s core business is the ownership and operation of dry bulk carriers used to transport commodities and raw materials such as iron ore, coal, grain, steel products, cement, alumina, and other bulk cargoes. Revenue is primarily generated through the chartering of vessels—earning returns by matching ships to customer demand (e.g., charterers/trading firms and other maritime counterparties) rather than selling a discrete manufactured product. From an operating perspective, the “product” of the company is the availability of tonnage and shipping capacity over time. Globus’s business model centers on managing and deploying its fleet efficiently, including vessel operation, commercial employment (charters to customers), and ongoing fleet support activities required to keep ships compliant and ready for service. The company’s descriptions indicate it owns, manages, and operates dry bulk vessels and charters them to diverse clients such as maritime operators, trading firms, other shipping companies, producers, and government-owned organizations. Cost structure in dry bulk shipping is typically dominated by vessel-related operating and ownership expenses. These include (but are not limited to) crew and management costs, maintenance and repairs (including dry-docking and classification/inspection-related expenses), insurance, fuel (which is often a major variable cost depending on voyage profile and charter terms), port and canal fees, and overhead costs associated with fleet management and administrative functions. Capital expenditures and financing costs are also critical considerations because ships require significant upfront investment and periodic upgrades. While specific BOM-style line items are not provided in the supplied data, the company’s long-lived asset base (vessels) implies material recurring and non-recurring costs tied to vessel utilization and regulatory/technical requirements. Financially, the market valuation and leverage metrics in the provided dataset suggest the company is a small-cap shipping operator where earnings and cash flow can be sensitive to freight conditions and vessel utilization. Dry bulk markets are often cyclical, and profitability can vary with charter rates, operating costs (especially fuel), and the timing of vessel employment. Key people and governance context: the CEO is Athanasios K. Feidakis, and the company’s founder and non-executive Chairman is Georgios (“George”) Feidakis (noted as the founder and Chairman since inception). This indicates the company’s leadership has deep roots in the shipping business. Overall, Globus Maritime’s strategy is aligned with maintaining and employing its dry bulk fleet to serve global commodity transportation needs while managing the capital intensity and operational risks inherent in maritime shipping.
Founded
2006
Employees
25
CEO
Athanasios K. Feidakis
Full Name
Globus Maritime Limited
Sector
Industrials
Industry
Marine Shipping
ROE
3.80%
Market Cap
$0.08B
Current Ratio
2.77
WACC
6.69%
ROIC
4.74%

Contact Information

30 210 96 08 300
128 Vouliagmenis Avenue, Athens, GI 166 74

Related stocksMarine Shipping

Browse all US stocks

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

© Plutux Technology Limited 2026