Nasdaq-listed Greek dry bulk owner Globus Maritime has announced the acquisition of a 2018-built Kamsarmax bulker for $27m.

The vessel, built at Jiangsu New Yangzi Shipbuilding, has been identified as Yangzijiang Shipping’s Yangze 11 by shipbrokers Intermodal.

Globus says the vessel is expected to deliver during the second quarter, taking the company’s fleet to eight.