Globus Maritime Limited Announces Management Changes

ATHENS, GREECE--(Marketwire - Jan 8, 2013) - Globus Maritime Limited ("Globus" or the "Company"), (NASDAQ: GLBS), a dry bulk vessel owner and operator, today announced that Mr. Elias Deftereos, Director, Chief Financial Officer and Secretary of the Company, will be stepping down from his position effective immediately, to pursue other interests.

The Company's Board of Directors has appointed Mr. George Karageorgiou, President and Chief Executive Officer of Globus, to act as Interim Chief Financial Officer of the Company, while the company looks for a permanent replacement.

Mr. George Karageorgiou, President and Chief Executive Officer of Globus, commented, "On behalf of Globus, I would like to thank Elias for his contributions to the Company, and I wish him all the very best in his future career pursuits."

About Globus Maritime Limited
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 seven vessels with a total carrying capacity of 452,886 DWT and a weighted average age of 5.8 years as of September 30, 2012.