Globus Maritime has reported a 22% decline in third-quarter net profit on the back of the weaker dry bulk freight markets.
The Athanasios Feidakis-led owner saw net income slip to $4.3m versus the $5.5m seen a year ago despite a slightly larger fleet.
The US-listed shipowner said its vessels earned an average time charter equivalent rate of $15,865 per day in the third quarter of 2022 compared to $17,057 per day a year earlier.
