Global Energy Ventures Ltd. announced the appointment of Thomas Soderberg as a Non-Executive Director of the Company effective 1 September 2019. Mr. Soderberg's appointment as Head of Shipping is subject to shareholder approval at the Company's Annual General Meeting to be held in Perth on the 22 November 2019. Mr. Soderberg will replace Mr. Jens Martin Jensen in the role of Non-Executive Director and as Head of Shipping, whose resignation has been accepted by the Board and is effective as at 30 August 2019. Jens has accepted a full-time position as Head of Shipping with a NASDAQ listed integrated gas-to-power company, and effective 1 September 2019 will be based in Miami, USA. These changes provide a seamless transition in the executive management of GEV's shipping program. Mr. Soderberg will provide his services to the Company as a Non-executive Director while also leading Global Shipping Ventures Pty Ltd, a wholly-owned subsidiary of GEV working out of Hong Kong. Thomas has over 30 years experience in the shipping industry with first in class organizations like AP Moller/Maersk, HSBC, Seatankers/John Fredriksen and Armada Group.