Globus Maritime reported a third-quarter loss as the New York-listed bulker owner revenue declined.

The Athens-based company reported a comprehensive loss of $2.48m, reversing a profit of $196,000 a year earlier.

That came as adjusted earnings before interest, taxes, depreciation and amortisation (ebitda) also sank to the negative, coming in at $140,000 in the red compared to positive ebitda of $2.43m in the third quarter of 2014.

“Given