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2008 November 20   13:21

Globus Q3 profit rises threefold

Globus Maritime Ltd, a UK-listed commodities shipping line, said that third-quarter profit advanced more than threefold as its enlarged fleet achieved better rents.
Net income in the three months to Sept 30 climbed to US$14.8 million from US$4.6 million as daily revenue from leasing out its ships rose 66 per cent to US$35,705, Athens-based Globus said yesterday in a statement distributed by the Regulatory News Service.

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