PETROGRESS, INC. (OTCMKTS:PGAS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

PETROGRESS, INC. (OTCMKTS:PGAS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 14, 2018, Giannis Noutsos was appointed to serve as Chief Financial Officer of Petrogress, Inc. (the “Company”).Mr. Noutsos, age 34, has served as the Finance Manager of the Company since August 2018. Prior to holding that position, Mr. Noutsos served from September 2008 through December 2017 as an accountant for Prime Marine Management, Inc. (“PMM”), a shipping company owning and managing a fleet of 32 product /chemical vessels. His duties/responsibilities, included but were not limited to, preparing PMM’s financial statements and management reports, communicating with banks regarding PMM’s loans, communicating with the company’s investors, as well as involvement in the process of the acquisition and sale of vessels. Mr. Noutsos holds a Bachelor of Science in Business and Economics (Accounting and Finance), from Piraeus University of Applied Sciences.


About PETROGRESS, INC. (OTCMKTS:PGAS)

Petrogress, Inc., formerly 800 Commerce, Inc., is a holding company. The Company, along with its subsidiaries, is engaged in international trading and shipping business. The Company is engaged in exploring the potential for acquiring or purchasing or leasing newly built liquefied natural gas (LNG) vessels in the United States to be used for the supply and sea freight of the United States LNG exports. The Company’s subsidiary, Petrogres Co. Ltd. (Petrogres), operates as an oil commodity company in West Africa. Its other subsidiaries are Petronav Carriers LLC (Petronav) and Petrogress Oil & Gas Energy Inc. (Petrogress Energy). Petronav focuses on primarily managing the day-to-day operation and handling of the tanker fleet it manages. Petrogress Energy is primarily focused on investigating the feasibility of acquiring oil fields in Texas so that the Company can expand its operations into the LNG market within the United States market.

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