Global Energy Ventures Ltd. announced that the company's Chairman and founder, Mr. Maurice Brand, has announced his intention to retire from the Board at the upcoming Annual General Meeting (AGM) on 25 November 2021. In conjunction with Mr. Brand's retirement, the Company has continued to review and build upon the required skills, experience and independence of the Board and is delighted to announce the appointment of Mr. David Palmer as an Independent Non-Executive Director effective 1 November 2021. Mr. Palmer will seek re-election at the upcoming AGM, and subject to his re-election, will continue as a Non-executive Director to focus on the execution of GEV's strategy for compressed shipping solutions. Mr. Palmer is currently serving as the CFO and COO of Britoil Offshore Services Ltd. in Singapore, having worked in recent years for highly-regarding ship owners in financial, operational, newbuild and turn-around roles.