Globus Maritime Limited Files a Registration Statement on Form F-1

ATHENS, GREECE--(Marketwire - May 18, 2011) - Globus Maritime Limited (the "Company"), (NASDAQ: GLBS), a dry bulk shipping company, reported today that it has filed a registration statement on Form F-1 (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed follow-on public offering (the "Offering") of shares of common stock to be offered by the Company. The Offering will only be made upon the SEC declaring the Registration Statement effective. The Registration Statement is available on the SEC website at www.sec.gov. Knight Capital Americas, L.P. will act as lead bookrunner for the Offering.

This press release is not an offer to sell or solicitation of an offer to buy any securities of the Company, nor shall there be any sale of the securities of the Company in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities in the United States will be made solely by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the issuer and its management, as well as financial statements. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.