Globus Maritime CEO Steps Down

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Globus Maritime Limited, a dry bulk shipping company, announced the resignation of Mr. Georgios K. Karageorgiou from the position of President, Chief Executive and interim Chief Financial Officer and Director of Globus Maritime Limited. Mr. Karageorgiou is resigning for personal reasons effective December 28, 2015.

Athanasios Feidakis, the Company’s current Non Executive Director, will be appointed as the President, Chief Executive Officer and Chief Financial Officer as of the same day. Mr. Athanasios Feidakis is the son of our Chairman, Georgios Feidakis. The Chairman of the Board of Directors of Globus Maritime, Mr. Georgios Feidakis, commented: “We thank Mr. Karageorgiou for his long service to the Company and we wish him every success in his future endeavors. The Board and I have worked closely with George since Company’s inception in 2006 and we are grateful for his contribution over the past 9 years.”

Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate six vessels with a total carrying capacity of 379,958 Dwt and a weighted average age of 7.2 years as of September 30, 2015.

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