Globus Maritime (GLBS) Says 'Star Globe' Will Not Be Delivered Under Contract Terms, Evaluating Options
Tweet Send to a FriendGet Alerts GLBS Hot Sheet
Trade GLBS Now!
Globus Maritime Limited (Nasdaq: GLBS), has been informed by Allied Maritime Inc., the Charterer of the m/v Star Globe, a 2010-built 56,867 DWT Supramax bulkcarrier (the "Vessel"), that the Charterer will redeliver the Vessel at the end of the charter period, but in a location that is outside the redelivery area required under the relevant charter, and will not replenish the quantity of bunkers required pursuant to the relevant charter. The Company is currently considering its options to recover its damages.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Acacia Research (ACTG) Enters Settlement with Red Hat (RHT)
- Dish (DISH) Begins Building Visionary Network . . . Sort Of
- Nokia Siemens, Intel (INTC) Enter Liquid Applications MoU (NOK) (SI)
Create E-mail Alert Related Categories
Corporate NewsLogin with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

