Glogus said that the loan was worth USD 13.5 million and that it carried a 5-year tenor and an interest rate of Libor + 4.25%.
“We are pleased to be working with Macquarie, and are looking forward to a long and fruitful cooperation,” Chief Executive Officer of Globus Maritime, Athanasios Feidakis, said.
“We welcome the emergence of new entrants into the ship finance landscape and are glad that this was a smooth and timely loan execution process.”
The refinancing is being announced a month after the company closed a USD 15 million revolving facility with Firment Shipping Inc.
Feidakis said earlier that the said activities were aimed at restoring the balance sheet and making available significant liquidity to the company as it looks at accretive acquisition opportunities.
After four years of losses, Globus managed to return to profit in the third quarter of 2018, which stood at USD 254,000. The return to profitability was assigned to cutting of operation costs and an improved sentiment across all sectors year-on-year. For the nine-month period the company reported a loss of USD 2.2 million.
Globus own and operate 5 vessels with a total carrying capacity of 300,571 dwt and a weighted average age of 10.6 years.(marine crane manufacturer;offshore crane manufacturer)
The TB series crane is designed as an electro-hydraulic driven telescopic boom crane, with integrated electro-hydraulic power unit, delivered as a complete unit ready for installation to vessels. The crane is equipped with hydraulic operated winch, hydraulic operated luffing and hydraulic operator extension and hydraulic operated slewing system.
The crane is installed with a rolled steel pedestal for bolting or welding to deck with a height of 1200mm and pedestal diameter is depend on the SWL of the crane. The standard TB crane will supply with an operator platform. Operator cabin is optional.
The crane and all it associated components / equipment shall be designed in accordance to any leading classification societies which is upon request. The crane shall be tested and adjusted ready for installation by welding or bolting to vessel deck. Power connection shall be provided for electrical supply through integrated electrical slip rings.
Main Features and advantages
The advantages of the telescopic cranes are low weight and less complex design making them maintenance-friendly. (marine crane manufacturer;offshore crane manufacturer)
|MAX WORKING RADIUS||15M|
|MIN WORKING RADIUS||2.6M|
|POWER SOURCE||440V 60Hz/380V 50Hz|
Our factory has all kinds of cerltificates for you to choose from.
We have examined every detail in the production process.
Packing & Shipping
We try to keep shipping as a whole to reduce installation time. It is our
pleasure to allow you to use our crane as soon as possible.