<SEC-DOCUMENT>0001104659-21-119781.txt : 20210927
<SEC-HEADER>0001104659-21-119781.hdr.sgml : 20210927
<ACCEPTANCE-DATETIME>20210927162123
ACCESSION NUMBER:		0001104659-21-119781
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		64
CONFORMED PERIOD OF REPORT:	20210630
FILED AS OF DATE:		20210927
DATE AS OF CHANGE:		20210927

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLOBUS MARITIME LTD
		CENTRAL INDEX KEY:			0001499780
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34985
		FILM NUMBER:		211281966

	BUSINESS ADDRESS:	
		STREET 1:		128 VOULIAGMENIS AVENUE 3RD FL
		STREET 2:		166 74 GLYFADA
		CITY:			ATHENS GREECE
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30 210 960 8300

	MAIL ADDRESS:	
		STREET 1:		128 VOULIAGMENIS AVENUE 3RD FL
		STREET 2:		166 74 GLYFADA
		CITY:			ATHENS GREECE
		STATE:			J3
		ZIP:			00000
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<DOCUMENT>
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<DESCRIPTION>FORM 6-K
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<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>For the month of: September 2021</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Commission File Number: 001-34985</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><FONT>&nbsp;</FONT></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&#160;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Globus Maritime Limited</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Translation of registrant&#8217;s name into English)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&#160;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Attica,
Greece, 166 74</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive office)&#160;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">Indicate
by check mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F&nbsp;or Form&nbsp;40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin-top: 12pt; margin-bottom: 0; letter-spacing: normal; word-spacing: 0px; text-align: center; background-color: white">Form&nbsp;20-F&nbsp;&nbsp;<FONT STYLE="font-family: Segoe UI Symbol, sans-serif">&#9746;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;40-F&nbsp;&nbsp;<FONT STYLE="font-family: Segoe UI Symbol, sans-serif">&#9744;</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):___</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):___</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 0.8pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 3%; padding-right: 0.8pt; text-align: justify">&#160;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 83%; padding-right: 0.8pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Document</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: center"><B>&#160;</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: center"><A HREF="ex991.htm">99.1</A></P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: center"></P></TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&#160;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&#160;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify"><FONT STYLE="text-decoration: underline"><A HREF="ex991.htm">Globus Maritime Limited Reports Financial Results for the Quarter and six-month period ended June 30, 2021</A></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: center"><FONT STYLE="font-size: 10pt"><A HREF="glbs-20210630.htm">99.2</A></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&#160;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><FONT STYLE="font-size: 10pt"><A HREF="glbs-20210630.htm">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations and unaudited interim condensed consolidated financial statements as of June 30, 2021 and for the six-month periods ended June 30, 2021 and 2020</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">THIS&#160;REPORT ON FORM 6-K (BUT EXCLUDING EXHIBIT
99.1 HEREOF) IS HEREBY INCORPORATED BY REFERENCE INTO THE COMPANY&#8217;S REGISTRATION STATEMENTS: (A) ON FORM F-3 (FILE NO.&#160;<A HREF="https://www.sec.gov/Archives/edgar/data/1499780/000110465920085977/tm2024934d1_f3.htm">333-240042</A>),
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 23, 2020 AND DECLARED EFFECTIVE AUGUST 6, 2020 (B) ON FORM F-3 (FILE NO.&#160;<A HREF="https://www.sec.gov/Archives/edgar/data/1499780/000110465920089124/tm2024934d3_posam.htm">333-239250</A>),
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 31, 2020 AND DECLARED EFFECTIVE AUGUST 6, 2020, AND (C) ON FORM F-3 (FILE NO.&#160;<A HREF="https://www.sec.gov/Archives/edgar/data/1499780/000110465920089138/tm2024934-2_f3.htm">333-240265</A>),
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 31, 2020 AND DECLARED EFFECTIVE ON AUGUST 12, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>




<P STYLE="font: 12pt/0.05pt Times New Roman, Times, Serif; margin: 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&#160;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&#160;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt"><B><BR>
GLOBUS MARITIME LIMITED</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 54%; padding-right: 0.8pt">&#160;</TD>
    <TD STYLE="width: 6%; padding-right: 0.8pt">&#160;</TD>
    <TD STYLE="width: 40%; padding-right: 0.8pt">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&#160;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-right: 0.8pt"><FONT STYLE="font-size: 10pt"><I>/s/ Athanasios Feidakis</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&#160;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Athanasios Feidakis</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">&#160;</TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="padding-right: 0.8pt"><FONT STYLE="font-size: 10pt">President, Chief Executive Officer and Chief Financial Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: September 27, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>


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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0 0; text-align: right">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0 0; text-align: right"></P>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit
99.1</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><IMG SRC="image_001.jpg" ALT="" STYLE="width: 324px; height: 63px"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0cm"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>GLOBUS MARITIME LIMITED</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>



<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0 0; text-align: center"><B>Globus Maritime Limited Reports Financial
Results for the quarter and six-month period </B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0 0; text-align: center; text-indent: 36pt"><B>ended June 30, 2021</B></P>

<P STYLE="font: 4pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0 0; text-align: center; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Glyfada, Greece, September 27, 2021,</B> Globus
Maritime Limited (&ldquo;Globus&rdquo;, the &ldquo;Company&rdquo;, &ldquo;we&rdquo;, or &ldquo;our&rdquo;) (NASDAQ: GLBS), a dry bulk
shipping company, today reported its unaudited consolidated operating and financial results for the quarter and six-month period ended
June 30, 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><U>Financial Highlights</U></B></P>

<P STYLE="font: 8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<UL STYLE="margin-top: 0cm; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 10pt Calibri, Helvetica, Sans-Serif"><B>In H1 2021, Total revenues increased by about
161% compared to H1 2020.</B></LI>

<LI STYLE="text-align: justify; margin: 0; font: 10pt Calibri, Helvetica, Sans-Serif"><B>The Adjusted EBITDA for H1 2021 increased by
about 6.8 million compared to H1 2020.</B></LI>

<LI STYLE="text-align: justify; margin: 0; font: 10pt Calibri, Helvetica, Sans-Serif"><B>The Total comprehensive loss for H1 2021 decreased
by about 94% compared to H1 2020.</B></LI>

<LI STYLE="text-align: justify; margin: 0; font: 10pt Calibri, Helvetica, Sans-Serif"><B>As of June 30, 2021, and December 31, 2020, our
cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%.</B></LI>

<LI STYLE="text-align: justify; margin: 0; font: 10pt Calibri, Helvetica, Sans-Serif"><B>As of June 30, 2021, the total outstanding borrowings
under our Loan agreements decreased to $34.25 million compared to $37 million as of December 31, 2020, gross of unamortized debt discount,
a decrease of about 7%.</B></LI>

</UL>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 2cm">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -3.85pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -3.85pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Six months ended June 30,</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 65%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 8pt">(Expressed in thousands of U.S dollars except for daily rates and per share data)</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Total revenues</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6,829</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,299</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11,996</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,589</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Total comprehensive loss</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(23)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(4,197)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(789)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(13,199)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA <I>(1)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3,055</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(783)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,361</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,447)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Basic loss per share <I>(2)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(38.66)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(0.09)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(158.35)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Daily Time charter equivalent rate (&ldquo;TCE&rdquo;) <I>(3)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11,781</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3,778</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">10,859</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3,016</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Average operating expenses per vessel per day</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5,256</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,353</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5,471</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,437</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Average number of vessels</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6.2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5.0</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5.0</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.7pt; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.7pt; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; background-color: #FDFDFD"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt"><I>(1)</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">Adjusted EBITDA is a measure
not in accordance with generally accepted accounting principles (&ldquo;GAAP&rdquo;). See a later section of this press release for a
reconciliation of Adjusted EBITDA to total comprehensive loss and net cash used in operating activities, which are the most directly comparable
financial measures calculated and presented in accordance with the GAAP measures.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; background-color: #FDFDFD"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt"><I>(2)</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">The weighted average number
of shares for the six-month period ended June 30, 2021 was 9,001,704 compared to 83,354 shares for the six-month period ended June 30,
2020. The weighted average number of shares for the three-month period ended June 30, 2021 was 10,774,058 compared to 108,577 shares for
the three-month period ended June 30, 2020. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; background-color: #FDFDFD"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt"><I>(3)</I></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">Daily Time charter equivalent
rate (&ldquo;TCE&rdquo;) is a measure not in accordance with generally accepted accounting principles (&ldquo;GAAP&rdquo;). See a later
section of this press release for a reconciliation of Daily TCE to Voyage revenues.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Current Fleet Profile</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of the date of this press release, Globus&rsquo;
subsidiaries own and operate seven dry bulk carriers, consisting of four Supramax, one Panamax and two Kamsarmax.</P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 3pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border: Black 1pt solid; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>Vessel</U></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>Year Built</U></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>Yard</U></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>Type</U></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>Month/Year Delivered</U></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>DWT</U></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B><U>Flag</U></B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Moon Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2005</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Hudong-Zhonghua</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Panamax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">June 2011</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">74,432</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Marshall Is.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt; letter-spacing: -0.8pt">Sun
    Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">2007</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Tsuneishi
    Cebu</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Supramax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Sept
    2011</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">58,790</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Malta</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">River Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2007</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Yangzhou Dayang</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Supramax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Dec 2007</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">53,627</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Marshall Is.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Sky Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2009</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Taizhou Kouan</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Supramax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">May 2010</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">56,855</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Marshall Is.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Star Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2010</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Taizhou Kouan</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Supramax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">May 2010</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">56,867</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Marshall Is.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Galaxy Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2015</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Hudong-Zhonghua</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Kamsarmax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: bottom; border-bottom: Black 1pt solid; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">October 2020</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">81,167</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Marshall Is.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Diamond
    Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">2018</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Jiangsu
    New Yangzi Shipbuilding Co.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Kamsarmax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">June
    2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">82,027</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Marshall
    Is.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Power
    Globe</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">2011</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Universal
    Shipbuilding Corporation</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Kamsarmax</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: 4.6pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">80,655</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Marshall
    Is.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">Weighted
    Average Age: <FONT STYLE="letter-spacing: -0.8pt">10.4 </FONT>Years as of September 27, 2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-right: -0.3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">544,420</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-top: 3pt; padding-bottom: 3pt; text-align: left"><FONT STYLE="font-family: calibri; font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>


<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 82%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;Registered office: Trust Company Complex, Ajeltake Road, Ajeltake Island,</FONT></TD>
    <TD ROWSPAN="6" STYLE="width: 18%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: center"><IMG SRC="ex991.jpg" ALT="" STYLE="width: 92px; height: 50px"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 8pt"></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 8pt">P.O. Box 1405, Majuro, Marshall Islands MH 96960</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 8pt">Comminucations Address: c/o Globus Shipmanagement Corp.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 8pt">128 Vouliagmenis Avenue, 3<SUP>rd</SUP> Floor, 166 74 Glyfada, Greece</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: verdana; font-size: 8pt">Tel:
    +30 210 9608300, Fax: +30 210 9608359, e-mail: <U>info@globusmaritime.gr</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: verdana; font-size: 8pt"><U>www.globusmaritime.gr</U></FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Current Fleet Deployment</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">All our vessels are currently operating on short-term
time charters (&ldquo;on spot&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Management Commentary</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&ldquo;During the second quarter we have seen the
market gaining momentum. We are pleased to see increased rates across all sectors, the factors being demand as well as supply driven.
On the demand side, we see a healthy demand of commodities both on the major as well as the minor bulks. There is significant congestion
in ports all around the globe mainly due to covid-19 related delays and complications. The combined effect of a healthy demand and a limit
on the supply of ships helps the market and elevates rates. Since we expect the market to remain strong for the medium term and as our
fleet comes out from legacy charters, we will be able to take advantage of the strong rates by positioning it accordingly.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">During the second Quarter we continued to improve
our balance sheet and build up our fleet. We have managed to refinance and reduce our bank debt at much lower levels compared to our previous
loan agreements with the effects to be visible in the following quarters and years. We feel that the new refinancing and new relationship
with a respectable financial institution provides the Company with a good base for the future.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">In early June we have taken delivery of m/v Diamond
Globe further expanding and modernizing our fleet. As previously communicated the vessel assumed a charter cover until about the end of
the year. Additionally, we have recently announced the delivery of our new vessel m/v Power Globe joining our fleet which immediately
performed a short trip at about $31,000 gross per day before proceeding to drydocking for her scheduled maintenance. We will examine the
market and hopefully find lucrative business for the vessel when the scheduled maintenance is completed.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Furthermore, last week we entered into an agreement
to acquire a 2015 Japanese Kamsarmax for $28,4 million and expect to take delivery of the vessel during the 4<SUP>th</SUP> Quarter of
2021. We will examine the charter and market condition closer to the delivery date and do our best to secure the highest rate possible
at that time. The addition of this new vessel will expand our fleet and its carrying capacity further and align well with our renewal
and expansion strategy. We consider this to be a good addition to the fleet which will further strengthen the position of the company
in the market as well as help us build new relationships with customers.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Covid-19 is affecting most parts of our operations,
we see delays related to the pandemic on most aspects that relate to technical as well as commercial matters. There are delays on schedules
of loading, discharging, crew exchanges and spare part procurement as well as repairs, the delays are also accompanied with increased
costs of such operations. We are trying our best as a company to mitigate any effects and delays always keeping in mind international
and local regulations as well as our vessels and crew safety and wellbeing. We are focused in helping and supporting our seafarers during
these trying times; we want them to be healthy, happy and demonstrate high morale on board and will continue doing whatever is necessary
for their safety and good physical and mental health.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Finally, we believe that the company has a strong
balance sheet, and the growing fleet will help us to fully take advantage of the strong market. We are keeping our focus on future environmental
regulations and continue to modernize and build up our fleet on that basis. We are confident that with a bigger and modernized fleet
will be able to take advantage of the strong market and by extent build long term value for our shareholders.&rdquo;&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>Management Discussion and Analysis of the Results
of Operations</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Recent Developments</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Issuance of the Series B preferred shares</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On March 2, 2021, we issued an additional 10,000
of our Series B Preferred Shares to Goldenmare Limited in return for $130,000. The $130,000 was paid by reducing, on a dollar-for-dollar
basis, the amount payable as compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The issuance of the Series B preferred shares to
Goldenmare Limited was approved by an independent committee of the Board of Directors of the Company, which received a fairness opinion
from an independent financial advisor.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Each Series B preferred share entitles the holder
thereof to 25,000 votes per share on all matters submitted to a vote of the shareholders of the Company, provided however, that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of any beneficial owner of such shares and its affiliates (whether pursuant to ownership of Series B preferred shares, common shares
or otherwise) to exceed 49.99% of the total number of votes eligible to be cast on any matter submitted to a vote of shareholders of the
Company. To the fullest extent permitted by law, the holders of Series B preferred shares shall have no special voting or consent rights
and shall vote together as one class with the holders of the common shares on all matters put before the shareholders. The Series B preferred
shares are not convertible into common shares or any other security. They are not redeemable and have no dividend rights. Upon any liquidation,
dissolution or winding up of the Company, the Series B preferred shares are entitled to receive a payment with priority over the common
shareholders equal to the par value of $0.001 per share. The Series B preferred shareholder has no other rights to distributions upon
any liquidation, dissolution or winding up of the Company. All issued and outstanding Series B preferred shares must be held of record
by one holder, and the Series B preferred shares shall not be transferred without the prior approval of our Board of Directors. Finally,
in the event the Company (i) declares any dividend on its common shares, payable in common shares, (ii) subdivides the outstanding common
shares or (iii) combines the outstanding common shares into a smaller number of shares, there shall be a proportional adjustment to the
number of outstanding Series B preferred shares.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of June 30, 2021, Goldenmare Limited owned 10,300
of the Company&rsquo;s Series B preferred shares.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Public Offerings</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On January 13, 2021, the remaining pre-funded warrants
from the December 2020 Pre-Funded Warrants were exercised and 130,000 common shares, par value $0.004 per share were issued.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On January 27, 2021, the Company entered into a securities
purchase agreement with certain unaffiliated institutional investors to issue (a) 2,155,000 common shares, par value $0.004 per share,
(b) pre-funded warrants to purchase 445,000 common shares, par value $0.004 per share and (c) warrants (the &ldquo;January 2021 Warrants&rdquo;)
to purchase 1,950,000 common shares, par value $0.004 per share, at an exercise price of $6.25 per share. Total proceeds, net of commission
retained by the placement agent, amounted to $15,108,050, before issuance expenses of approximately $122,000. The pre-funded warrants
were all exercised subsequently and the total proceeds amounted to $4,450. No January 2021 Warrants have been exercised as of the date
hereof.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The January 2021 Warrants are exercisable for a period
of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder, in whole
or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number
of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the
warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless
exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula
set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages
provisions.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On February 12, 2021, the Company entered into a
securities purchase agreement with certain unaffiliated institutional investors to issue (a) 3,850,000 common shares par value $0.004
per share, (b) pre-funded warrants to purchase 950,000 common shares, par value $0.004 par value, and (c) warrants (the &ldquo;February
2021 Warrants&rdquo;) to purchase 4,800,000 common shares, par value $0.004 per share, at an exercise price of $6.25 per share. Total
proceeds, net of commission retained by the placement agent, amounted to $27,890,500 before issuance expenses of approximately $150,000.
The pre-funded warrants were all exercised subsequently and the total proceeds amounted to $9,500. No February 2021 Warrants have been
exercised as of the date hereof.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The February 2021 Warrants are exercisable for
a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each
holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately
available funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance
of the common shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion,
elect to exercise the warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number
of common shares determined according to the formula set forth in the warrant. If the Company does not issue the shares in a timely
fashion, the warrant contains certain liquidated damages provisions.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On June 25, 2021, the Company entered into a securities
purchase agreement with certain unaffiliated institutional investors to issue (a) 8,900,000 common shares par value $0.004 per share,
(b) pre-funded warrants to purchase 1,100,000 common shares, par value $0.004 par value, and (c) warrants (the &ldquo;June 2021 Warrants&rdquo;)
to purchase 10,000,000 common shares, par value $0.004 per share, at an exercise price of $5.00 per share. Total proceeds amounted to
$46,580,875 before issuance expenses of approximately $129,000. As of June 30, 2021 550,000 pre-funded warrants were exercised and the
total proceeds amounted to $5,500. The remaining 550,000 pre-funded warrants were exercised subsequently. No June 2021 Warrants have been
exercised as of the date hereof.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The June 2021 Warrants are exercisable for a period
of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder, in whole
or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number
of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the
warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless
exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula
set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages
provisions.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Acquisition of new vessel</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0">On June 9, 2021, the Company
took delivery of the m/v &ldquo;Diamond Globe&rdquo;, a 2018-built Kamsarmax dry bulk carrier, through its subsidiary, Argo Maritime Limited,
for a purchase price of $27 million financed with available cash. The m/v &ldquo;Diamond Globe&rdquo; was built at Jiangsu New Yangzi
Shipbuilding Co., Ltd and has a carrying capacity of 82,027 dwt.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On July 20, 2021, the Company took delivery of the
m/v &ldquo;Power Globe&rdquo;, a 2011-built Kamsarmax dry bulk carrier, through its subsidiary, Talisman Maritime Limited, for a purchase
price of $16.2 million financed with available cash. The m/v &ldquo;Power Globe&rdquo; was built at Universal Shipbuilding Corporation
in Japan and has a carrying capacity of 80,655 dwt.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On September 22, 2021, the Company entered into a
memorandum of agreement with an unrelated third party, for the acquisition of the m/v &ldquo;Peak Liberty&rdquo;, a 2015-built Kamsarmax
dry bulk carrier, for a purchase price of $28.4 million. The m/v &ldquo;Peak Liberty&rdquo; was built at Tsuneishi Zosen in Japan and
has a carrying capacity of 81,837 dwt. The agreement is subject to customary closing conditions. Delivery of the vessel is expected during
the 4th quarter of 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Debt financing</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0">In March 2021, the Company
prepaid $6.0 million of the Entrust loan facility, which represented all amounts that would otherwise come due during calendar year 2021.
As a result, after this pre-payment we had an aggregate debt outstanding of $31 million, gross of unamortized debt costs, from the Entrust
Loan Facility.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">On May 10, 2021, the Company reached an agreement
with CiT Bank N.A. for a loan facility of $34.25 million bearing interest at LIBOR plus a margin of 3.75% per annum. This loan facility
is referred to as the CiT loan facility. The proceeds of this financing were used to repay the outstanding balance of EnTrust Loan Facility.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Impact of COVID-19 on the Company&rsquo;s Business</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The spread of the COVID-19 virus, which has been
declared a pandemic by the World Health Organization in 2020 had caused substantial disruptions in the global economy and the shipping
industry, as well as significant volatility in the financial markets, the severity and duration of which remains uncertain<FONT STYLE="background-color: white">.
</FONT></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The measures taken by governments worldwide in response
to the outbreak, which included numerous factory closures, self-quarantining, and restrictions on travel, as well as potential labour
shortages resulting from the outbreak, had slowed down production of goods worldwide and decreased the amount of goods exported and imported
worldwide. Some experts fear that the economic consequences of the coronavirus could cause a recession that outlives the pandemic.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Besides reducing demand for cargo, coronavirus may
functionally limit the amount of cargo that the Company and its competitors are able to move because countries worldwide have imposed
quarantine checks on arriving vessels, which have caused delays in loading and delivery of cargoes. It is possible that charterers may
try to invoke force majeure clauses as a result.&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Crewing and Crew management operations.</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Due to Covid-19 there are restrictions on travelling
on many jurisdictions. We may face problems in the embarkation and disembarkation our crew members. Many airports around the world as
well as many countries impose heavy travel restrictions such as quarantine periods for incoming and outgoing travelers. By extent it is
increasingly hard, if not restrictive, for our crews to be relieved by new crew members. We continue to monitor the situation with respect
and utmost care for our seafarers, always communicating with the relevant authorities in order to assist them as much as we can in these
unprecedented times.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Disruption in operations in case crew members
get infected.</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">In case one of our crew members is found to be infected
by Covid-19 this may lead to delays in cargo operations. It may also need to a detention and quarantine of the ship for an unspecified
amount of time. Relevant authorities may require us to perform disinfection and fumigation operations if a crew member gets infected by
Covid-19. Crew members may be quarantined if a member is found to be infected. The above may lead to increased costs and lower utilization
of our fleet.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Dry docking and Repairs.</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Repair yards and dry docks in the far east, usually
selected for the scheduled maintenance of our vessels, may be affected by the closures and travel restrictions in their countries. Shipyard
staff and third-party experts as well as spare parts may be harder to procure and provide making the maintenance process potentially lengthier,
costlier or unfeasible. Spare parts and supplies may be harder to produce and deliver to a shipyard where they would be utilized for a
scheduled maintenance. In addition to the above, and always relating to Covid-19 travel restrictions, it will be difficult for our in-house
technical teams to travel to the shipyards in order to monitor the maintenance process, so the maintenance may have to be postponed or
3rd party monitoring technical crews will be hired. Finally, classification society surveyor attendance may be restricted thus not only
affecting the time spent within a repair facility but also causing scheduled survey work to be postponed as far as this is permissible.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Effect on the following technical department activities
yet not limited to:</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Logistics and supply of spares
and expert services may incur increased costs and disruption in Planned Maintenance and consequently lead to increased failures / incidents.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Office Personnel attendance
is disrupted or impossible, which can have as a result inadequate supervision and lead to increased incidents in third party inspection
and reduced maintenance quality.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Long-Term planned maintenance
(dry docking) unsupervised by company personnel, that can result to lower quality and increased costs.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Delays in class surveys, which
can lead to postponements.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0">The above ultimately
are translated to possible increased costs and reduced maintenance quality which in the long term shall spiral to cost increases again
as the aftermath shall have to be dealt with. However, there are presently insufficient statistics to reach to prediction model as regards
to the actual increase in costs due to the above disruptions.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company has evaluated the impact of current economic
situation on the recoverability of the carrying amount of its vessels. During the first half of 2020, the Company concluded that events
and circumstances triggered the existence of potential impairment of its vessels. These indicators included volatility in the charter
market as well as the potential impact the current marketplace may have on the future operations. As a result, the Company performed an
impairment assessment of the Company&rsquo;s vessels by comparing the discounted projected net operating cash flows for each vessel to
its carrying values. For the first half of 2020, the Company concluded that the recoverable amounts of the vessels were lower than their
carrying amounts and an impairment loss of $4.6 million was recorded (see also Note 5). For the first half of 2021 the Company re-evaluated
the carrying amount of its vessels and concluded that no further impairment of its vessels should be recorded or previously recognized
impairment should be reversed.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Results of Operations</U></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Second quarter of the year 2021 compared to
the second quarter of the year 2020</U></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify; background-color: #FDFDFD">Total comprehensive
loss for the second quarter of the year 2021 amounted to $23 thousand compared to total comprehensive loss of $4.2 million for the same
period last year or $38.66 basic and diluted loss per share based on 108,577 weighted average number of shares.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">The following table corresponds
to the breakdown of the factors that led to the decrease in total comprehensive loss during the second quarter of 2021 compared to the
second quarter of 2020 (expressed in $000&rsquo;s):</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: #FDFDFD"><B>2<SUP>nd</SUP> Quarter
of 2021 vs 2<SUP>nd</SUP> Quarter of 2020</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net loss for the 2<SUP>nd</SUP> quarter of 2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(4,197)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Voyage revenues</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,530</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Voyage expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">364</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Vessels operating expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,003)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Depreciation</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(238)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Depreciation of dry-docking costs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(257)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Total administrative expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(156)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Other income, net</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">102</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Interest income</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Interest expense and finance costs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(487)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Loss on derivative financial instruments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,309</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Foreign exchange losses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net loss for the 2<SUP>nd</SUP> quarter of 2021</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(23)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Voyage revenues</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">During the three-month
period ended June 30, 2021, and 2020, our Voyage revenues reached $6.8 million and $2.3 million, respectively. The 197% decrease in Voyage
revenues was mainly attributed to the decrease in the average time charter rates achieved by our vessels during the second quarter of
2021 compared to the same period in 2020. Daily Time Charter Equivalent rate (TCE) for the second quarter of 2021 was $11,781 per vessel
per day against $3,778 per vessel per day during the same period in 2020 corresponding to an increase of 212%.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Voyage expenses
</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Voyage expenses reached $0.2 million during the second
quarter of 2021 compared to $0.6 during the same period in 2020. Voyage expenses include commissions on revenues, port and other voyage
expenses and bunker expenses. Bunker expenses mainly refer to the cost of bunkers consumed during periods that our vessels are travelling
seeking employment. Voyage expenses for the second quarter of 2021 and 2020 are analyzed as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">In $000&rsquo;s</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Commissions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">113</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">29</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Bunkers expenses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">8</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">545</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other voyage expenses </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">95</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>216</B></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>580</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">This decrease is mainly
attributed to the decreased ballasting days of the fleet during the three-month period ended June 30, 2021, compared to the same period
in 2020.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Vessel operating
expenses</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Vessel operating expenses, which include crew costs,
provisions, deck and engine stores, lubricating oils, insurance, maintenance, and repairs, increased by $1 million or 51% to $3 million
during the three-month period ended June 30, 2021 compared to $2 million during the same period in 2020. The breakdown of our operating
expenses for the quarters ended June 30, 2020 and 2019 was as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Crew expenses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">55%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">55%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Repairs and spares</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">19%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">18%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Insurance</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">8%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">9%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Stores</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">9%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Lubricants</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Average daily
operating expenses during the three-month periods ended June 30, 2021 and 2020 were $5,256 per vessel per day and $4,353 per vessel
per day respectively, corresponding to an increase of 21%. The increased daily operating expenses during the second quarter of 2021
is mainly attributed to crew matters such as more frequent repatriations, rotations that come with increased travelling, testing and
quarantine compliance costs, that could not be performed during the same period in 2020 as most countries were on lockdown due to
COVID-19.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"></P>

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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Depreciation</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Depreciation charge during
the second quarter of 2021 reached $0.8 million compared to $0.5 million during the same period in 2020. This is mainly attributed to
the increase of the fleet from 5 vessels during the three-month period ended June 30, 2020 to 6.2 vessels for the same period in 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Interest expense and finance costs</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Interest expense and finance costs reached $1.6 million
for the second quarter of 2021 compared to $1.1 million for the same period of 2020. Interest expense and finance costs for the second
quarter of 2021 and 2020 are analyzed as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">In $000&rsquo;s</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest payable on long-term borrowings</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">493</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,002</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Bank charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">7</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Operating lease liability interest</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">9</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Amortization of debt discount</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">394</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">71</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Loss on Interest rate Swap</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">32</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other finance expenses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">632</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 2.5pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,580</B></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,093</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">The decrease in interest payable is mainly partly
attributed to the decreased outstanding balance of the Company to Loan facilities and partly attributed to the decrease of the weighted
interest rate, which is mainly attributed to the refinance of the EnTrust loan facility with CiT loan facility in May 2021. The EnTrust
loan facility had a margin of 8.50% (plus Libor) whereas the CiT loan facility has a margin of 3.75% (plus Libor). Other finance expenses
for the second quarter of 2021 include approximately $0.6 million that were the loan prepayment fee and expenses relating to the prepayment
of EnTrust Loan Facility.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>First half of the year 2021 compared to the
first half of the year 2020.</U></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify; background-color: #FDFDFD">Total comprehensive
loss for the six-month period ended June 2021 amounted to $0.8 million or $0.09 basic and diluted loss per share based on 9,001,704 weighted
average number of shares, compared to total comprehensive loss of $13.2 million for the same period last year or $158.35 basic and diluted
loss per share based on 83,354 weighted average number of shares.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify; background-color: #FDFDFD">The following table
corresponds to the breakdown of the factors that led to the increase in total comprehensive loss during the six-month period ended June
30, 2021 compared to the six-month period ended June 30, 2020 (expressed in $000&rsquo;s):</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 6pt 0; text-align: center; background-color: #FDFDFD"><B>1<SUP>st</SUP> half
of 2021 vs 1<SUP>st</SUP> half of 2020</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net loss and total comprehensive loss for 1<SUP>st</SUP> half of 2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(13,199)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in voyage revenues</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">7,407</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Voyage expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,681</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Vessels operating expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,022)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Depreciation</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(316)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Depreciation of dry-docking costs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(259)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Total administrative expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(380)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Impairment loss</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,615</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Other income, net</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">122</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Interest income</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Increase in Interest expense and finance costs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(268)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Loss on derivative financial instruments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,803</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Decrease in Foreign exchange loss</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">36</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net loss and total comprehensive loss for 1<SUP>st</SUP> half of 2021</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(789)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Voyage revenues</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">During the six-month period
ended June 30, 2021 and 2020, our Voyage revenues reached $12 million and $4.6 million respectively. The 161% increase in Voyage revenues
was mainly attributed to the increase in the average time charter rates achieved by our vessels during the six-month period ended June
30, 2021, compared to the same period in 2020. Furthermore, the Company operated a fleet of average 6.1 vessels during the 1<SUP>st</SUP>
half of 2021 compared to 5 vessels for the same period in 2020. Daily Time Charter Equivalent rate (TCE) for the six-month period of 2021
was $10,859 per vessel per day against $3,016 per vessel per day during the same period in 2020 corresponding to an increase of 260%,
which is attributed to the better conditions throughout the bulk market for the first half of 2021 compared with the low rates in the
first half of 2020, which was mainly attributed to the outbreak of COVID-19 pandemic.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Voyage expenses
</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Voyage expenses reached $0.3 million during the six-month
period ended June 30, 2021, compared to $2 million during the same period last year. Voyage expenses include commissions on revenues,
port and other voyage expenses and bunker expenses.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Bunker expenses mainly refer to the cost of bunkers
consumed during periods that our vessels are travelling seeking employment. Voyage expenses for the six-month period ended June 30, 2021
and 2020, are analyzed as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">In $000&rsquo;s</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Commissions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">185</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">61</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Bunkers expenses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,825</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other voyage expenses </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">109</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">89</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>294</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,975</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">This decrease is mainly
attributed to the decreased ballasting days of the fleet during the six-month period ended June 30, 2021, compared to the same period
in 2020.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Vessel operating
expenses</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Vessel operating expenses, which include crew costs,
provisions, deck and engine stores, lubricating oils, insurance, maintenance, and repairs, reached $6.1 million during the six-month period
ended June 30, 2021, compared to $4 million during the same period last year. This is partly attributed to the fact that the average number
of vessels of the fleet of the Company has increased to 6.1 vessels during the first half of 2021 compared to 5 vessels for the same period
in 2020. The breakdown of our operating expenses for the six-month period ended June 30, 2021 and 2020 was as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Crew expenses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">54%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">56%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Repairs and spares</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">22%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">18%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Insurance</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">7%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">8%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Stores</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">10%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Lubricants</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Average daily operating
expenses during the six-month periods ended June 30, 2021 and 2020 were $5,471 per vessel per day and $4,437 per vessel per day respectively,
corresponding to an increase of 23%. The increased daily operating expenses during the first half of 2021 is mainly attributed to crew
matters such as more frequent repatriations, rotations that come with increased travelling, testing and quarantine compliance costs, that
could not be performed during the same period in 2020 as most countries were on lockdown due to COVID-19. Furthermore, during the period
under consideration the Company had increased expenses for repairs and maintenance, compared to the six-month period ended June 30, 2020.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Depreciation</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Depreciation charge during
the six-month period ended June 30, 2021, reached $1.5 million compared to $1.2 million during the same period in 2020. This is mainly
attributed to the increase of the fleet from 5 vessels during the six-month period ended June 30, 2020 to 6.1 vessels for the same period
in 2021. Nonetheless, this increase has been counterbalanced due to the impairment loss of $4.6 million, recognized in the 1<SUP>st</SUP>
quarter of 2020, which reduced the carrying amount of the fleet.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><B><I>Total administrative
expenses</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Total administrative expenses
increased to $1.4 million during the six-month period ended June 30, 2021, compared to $1 million in 2020. The increase is partly attributed
to new personnel hirings, as a result of the fleet expansion from 5 vessels as of June 30, 2020, to 7 vessels as of June 30, 2021. As
of July 20, 2021, the Company also took delivery of its 8th vessel, the m/v &ldquo;Power Globe&rdquo;.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Impairment loss</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">During the 1<SUP>st</SUP>
half of 2020, the Company concluded that the recoverable amounts of its vessels were lower than their respective carrying amounts and
recognized an impairment loss of $4.6 million. No impairment was recorded during the 1<SUP>st</SUP> half of 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Interest expense and finance costs</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Interest expense and finance costs reached $2.5 million
during the six-month period ended June 30, 2021, compared to $2.2 million in 2020. Interest expense and finance costs for the six-month
periods ended June 30, 2021 and 2020, are analyzed as follows:</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">In $000&rsquo;s</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;2021</B></FONT></TD>
    <TD STYLE="padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B></B></FONT></TD>
    <TD STYLE="padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Calibri, Helvetica, Sans-Serif"><B>2020</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest payable on long-term borrowings</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,303</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,061</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Bank charges</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">42</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">12</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Operating lease liability interest</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">19</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">23</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Amortization of debt discount </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">471</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">141</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other finance expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">643</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Accrued loss on Interest rate Swap</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">32</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>-</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2,510</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2,242</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 62%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of June 30, 2021, and 2020 we and our
vessel-owning subsidiaries had outstanding borrowings under our Loan agreements of an aggregate of $34.25 and $37.8 million,
respectively, gross of unamortized debt discount. The decrease in interest payable is partly attributed to the decreased outstanding
balance of the Company&rsquo;s Loan facilities and partly attributed to the decrease of the weighted interest rate from 10.1% during
the six-month period ended June 30, 2020 to 7.6% for the same period in 2021, which is mainly attributed to the refinance of the
EnTrust loan facility with CiT loan facility on May 2021. The EnTrust loan facility had a margin of 8.50% (plus Libor) whereas the
CiT loan facility has a margin of 3.75% (plus Libor). Other finance expenses for the first half 2021 include approximately $0.6
million that were the loan prepayment fee and expenses relating to the prepayment of EnTrust loan facility.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I></I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>Loss on derivative financial instruments</I></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the period ended June 30, 2020 the loss on the
derivative financial instruments is mainly attributed to the valuation of the &ldquo;Convertible Note&rdquo; (as defined in note 11 of
the Company&rsquo;s Annual Report on Form 20-F for the year ended December 31, 2020). Further to the conversion clause included into the
Convertible Note for the period ended June 30, 2020 a total amount of approximately $1.2 million, principal and accrued interest, was
converted to share capital with the conversion price of $100 per share and a total number of 11,677 new shares issued in name of the holder
of the Convertible Note. These conversions resulted to a loss of approximately $0.3 million recognized in the consolidated statement of
comprehensive loss. Furthermore, with the repayment of the Convertible Note on June 25, 2020, we recognized a loss of $1.3 million in
the consolidated statement of comprehensive loss.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Following the new loan facility with CiT bank the
Company entered into an Interest Rate Swap agreement on May 10, 2021 and recognized a loss of $162 thousand in the consolidated statement
of comprehensive loss. As of June 30, 2021 the Company recognized a gain of approximately $97 thousand according to the Interest Rate
Swap valuation and is included in the consolidated statement of comprehensive loss.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Liquidity and capital resources</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of June 30, 2021 and December 31, 2020, our cash
and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Net cash generated from operating activities for
the three-month period ended June 30, 2021</B> was $1.6 million compared to net cash used in operating activities of $2 million during
the respective period in 2020. The increase in our cash from operations was mainly attributed to the increase in our Voyage revenues from
$2.3 million during the second quarter of 2020 to $6.8 million during the three-month period under consideration.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Net cash generated from operating activities for
the six-month period ended June 30, 2021 </B>was $2.1 million compared to net cash used in operating activities of $4 million during the
respective period in 2020. The increase in our cash generated from operating activities was mainly attributed to the increase in our Voyage
revenues from $4.6 million during the six-month period ended June 30, 2020 to $12 million during the six-month period under consideration.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Net cash used in investing activities for the
three-month period ended June 30, 2021 </B>was $24.4 million compared to net cash generated from investing activities of $1 thousand during
the respective period in 2020. The increase in our cash used in investing activities was mainly attributed to the payment of the remaining
balance for the purchase of m/v &ldquo;Diamond Globe&rdquo;, amounting to $24.4 million during the three-month period ended June 30, 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Net cash used in investing activities for the
six-month period ended June 30, 2021 </B>was $28.7 million compared to net cash generated from investing activities of $12 thousand during
the respective period in 2020. The increase in our cash used in investing activities was mainly attributed to the purchase of m/v &ldquo;Diamond
Globe&rdquo;, amounting to $27 million and the advance for the acquisition of m/v &ldquo;Power Globe&rdquo;, amounting to $1.6 million
during the six-month period ended June 30, 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Net cash generated from financing </B>activities
during the three-month period ended June 30, 2021 and 2020 were as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; text-indent: 24.7pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six months ended June 30,</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 65%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">In $000&rsquo;s</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Proceeds from issuance of share capital</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">46,581</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">24,207</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">89,580</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">24,207</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Proceeds from issuance of warrants</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">194</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">194</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Transaction costs on issue of new common shares</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(129)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(532)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(401)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(532)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Proceeds from loans</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">34,250</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">34,250</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Repayment of long-term debt</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,493)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Prepayment of long-term debt</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(31,030)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,240)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(35,507)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,240)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Restricted cash</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,035)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(446)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,675)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(83)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Repayment of lease liability</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(80)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest paid</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(960)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,259)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,773)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,728)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Payment of financing costs</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(545)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(545)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 2.5pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net cash generated from financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>46,137</B></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>19,924</B></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>82,376</B></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>19,818</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left">As of June 30, 2021 and 2020, we and our vessel-owning
subsidiaries had outstanding borrowings under our Loan agreements of an aggregate of $34.25 million and $37.8 million, respectively, gross
of unamortized debt discount.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 3pt; text-align: justify; text-indent: 0cm">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 3pt; text-align: justify; text-indent: 0cm"><B>Selected Consolidated
Financial &amp; Operating Data</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 3pt; text-align: justify; text-indent: 0cm"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Six months ended</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>June 30,</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 65%; padding-left: 9pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; width: 8%; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(in thousands of U.S. dollars, except per share data)</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(unaudited)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; padding-left: 9pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(unaudited)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Consolidated statement of comprehensive loss data:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; padding-left: 9pt; text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; padding-left: 9pt; text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; padding-left: 9pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Voyage revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6,829</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,299</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11,996</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,589</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total Revenues</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>6,829</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2,299</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>11,996</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>4,589</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Voyage expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(216)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(580)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(294)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,975)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Vessel operating expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,983)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,981)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(6,060)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(4,038)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Depreciation&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(781)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(543)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(1,492)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,176)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Depreciation of dry-docking costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(623)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(365)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(1,115)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(856)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(519)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(426)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(1,075)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(820)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Administrative expenses payable to related parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(155)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(92)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(309)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(184)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Share-based payments</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(10)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(10)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(20)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(20)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Impairment loss</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(4,615)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other income, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">109</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">7</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">123</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Operating profit/(loss)</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,651</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(1,691)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,754</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(9,094)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest income</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">12</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest expense and finance costs</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,580)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,093)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,510)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,242)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Loss on derivative financial instruments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(65)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,374)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(65)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,868)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Foreign exchange (losses) / gains, net</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(31)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(40)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">29</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(7)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total finance costs, net</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(1,674)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(2,506)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(2,543)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(4,105)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total comprehensive loss for the period</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(23)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(4,197)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(789)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(13,199)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 5.05pt; padding-left: 4.9pt; text-align: left; text-indent: -2.25pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Basic &amp; diluted loss per share for the period (1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(38.66)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(0.09)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(158.35)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;Adjusted EBITDA (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(3,055)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(783)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,361</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,447)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 3pt; text-align: justify; text-indent: 0cm"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(1) Shares and per share data give effect to the
1&#45;for&#45;100 reverse stock split, that became effective on October 21, 2020. The weighted average number of shares for the six-month
period ended June 30, 2021 was 9,001,704 compared to 83,354 shares for the six-month period ended June 30, 2020. The weighted average
number of shares for the three-month period ended June 30, 2021 was 10,828,454 compared to 108,577 shares for the three-month period ended
June 30, 2020.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(2) Adjusted EBITDA represents net earnings before
interest and finance costs net, gains or losses from the change in fair value of derivative financial instruments, foreign exchange gains
or losses, income taxes, depreciation, depreciation of dry-docking costs, amortization of fair value of time charter acquired, impairment
and gains or losses on sale of vessels. Adjusted EBITDA does not represent and should not be considered as an alternative to total comprehensive
income/(loss) or cash generated from operations, as determined by IFRS, and our calculation of Adjusted EBITDA may not be comparable to
that reported by other companies. Adjusted EBITDA is not a recognized measurement under IFRS.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Adjusted EBITDA is included herein because it is
a basis upon which we assess our financial performance and because we believe that it presents useful information to investors regarding
a company&rsquo;s ability to service and/or incur indebtedness and it is frequently used by securities analysts, investors and other interested
parties in the evaluation of companies in our industry.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Adjusted EBITDA has limitations as an analytical
tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under IFRS. Some of these
limitations are:</P>

<P STYLE="font: 4pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">Adjusted </FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">EBITDA</FONT>
<FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">does not reflect our cash expenditures or future requirements
for capital expenditures or contractual commitments;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">Adjusted </FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">EBITDA</FONT>
<FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">does not reflect the interest expense or the cash requirements
necessary to service interest or principal payments on our debt;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">Adjusted </FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">EBITDA</FONT>
<FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">does not reflect changes in or cash requirements for our working
capital needs; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">Other companies in our industry
may calculate Adjusted </FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">EBITDA</FONT> <FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 9pt">differently
than we do, limiting its usefulness as a comparative measure.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Because of these limitations, Adjusted EBITDA should
not be considered a measure of discretionary cash available to us to invest in the growth of our business.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>The following table sets forth a reconciliation
of Adjusted EBITDA to total comprehensive loss and net cash used in operating activities for the periods presented: </U></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 19.35pt; text-align: left; text-indent: -19.35pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Six months ended </B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 19.35pt; text-align: left; text-indent: -19.35pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>June
    30,</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; padding-left: 19.35pt; text-align: left; text-indent: -19.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(Expressed in thousands of U.S. dollars)</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 8%; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 19.35pt; text-align: left; text-indent: -19.35pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; padding-left: 9pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 19.35pt; text-align: left; text-indent: -19.35pt">&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total comprehensive loss for the period</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(23)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(4,197)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(789)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(13,199)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 11.7pt; padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest and finance costs, net</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,580</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,093</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,510</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,242</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Interest income</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(3)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(12)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Loss on derivative financial instruments</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">65</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,374</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">65</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,868</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Foreign exchange (gains) / losses, net</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">31</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">40</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(29)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">7</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">781</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">543</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,492</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,176</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Depreciation of dry-docking costs</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">623</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">365</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,115</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">856</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Impairment loss</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,615</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3,055</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(783)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,361</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,447)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Share-based payments </FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">10</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">10</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Payment of deferred dry-docking costs</FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,494)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(493)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2,225)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(493)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Net decrease/(increase) in operating assets </FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">54</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">440</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">679</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">365</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Net decrease in operating liabilities </FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">54</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,159)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(719)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,414)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Provision for staff retirement indemnities </FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(11)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(10)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Foreign exchange (losses) net, not attributed to cash &amp; cash equivalents </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(22)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(10)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(24)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(3)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net cash generated from / (used in) operating activities </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,646</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(1,993)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2,082</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(3,969)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 9pt; text-align: left; text-indent: -7.2pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Six months ended </B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 9pt; text-align: left; text-indent: -7.2pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 47.7pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 47.7pt; text-align: right"><FONT STYLE="font: 10pt Calibri, Helvetica, Sans-Serif"><B>June 30,</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; padding-left: 9pt; text-align: left; text-indent: -7.2pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(Expressed in thousands of U.S. dollars)</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 8%; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; text-align: right; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 9pt; text-align: left; text-indent: -7.2pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: center; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: center; text-indent: 7.05pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 9pt; text-align: left; text-indent: -7.2pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Statement of cash flow data:</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; text-align: right; text-indent: 7.05pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Net cash generated from / (used in) operating activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,646</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1,993)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,082</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(3,969)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Net cash (used in) / generated from investing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(24,399)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(28,725)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">12</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Net cash generated from financing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">46,137</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">19,924</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">82,376</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">19,818</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 83%; padding-left: 9pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>As of June 30,</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>As of December 31,</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(Expressed in thousands of U.S. Dollars)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 9pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; padding-left: 9pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Consolidated condensed statement of financial position:</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Vessels, net</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">88,152</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">62,350</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Advance for vessel acquisition</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,631</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other non-current assets (including non-current restricted cash)</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,075</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,810</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total non-current assets</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>93,858</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>64,160</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Cash and cash equivalents (including current restricted cash)</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">75,045</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">19,853</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other current assets</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,749</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,428</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total current assets</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>76,794</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>22,281</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total assets&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>170,652</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>86,441</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total equity </B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>130,654</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>42,094</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Total debt net of unamortized debt discount</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">33,727</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">36,552</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Other liabilities</FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6,271</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">7,795</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>39,998</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>44,347</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 1.9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total equity and liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>170,652</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>86,441</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Consolidated statement of changes in equity:</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; width: 61%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(Expressed in thousands of U.S. Dollars)</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Issued share</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Share</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(Accumulated </B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Capital</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Premium</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Deficit)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Equity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>As at December 31, 2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>12</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>195,102</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(153,020)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>42,094</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Total comprehensive loss for the period </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(789)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(789)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Issuance of common shares</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">60</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">89,520</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">89,580</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Issuance of new common shares due to exercise of Warrants</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">8</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">12</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Issuance of Class B preferred shares</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">130</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">130</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Transaction costs on issue of new common shares</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(401)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(401)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Share-based payments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>As at June 30, 2021</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>80</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>284,383</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>(153,809)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>130,654</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: calibri"><B>Operational
data</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Six months ended June 30,</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 9pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6pt; padding-left: 9pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 61%; padding-left: 9pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 9%; padding-right: 7.1pt; padding-left: 9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 9%; padding-right: 6pt; padding-left: 9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 9%; padding-right: 6pt; padding-left: 9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 9%; padding-right: 6pt; padding-left: 9pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Ownership
    days (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">568</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">455</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,108</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">910</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Available
    days (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">561</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">455</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,078</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">867</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Operating
    days (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">530</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">448</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,042</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">856</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Fleet
    utilization (4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">94.5%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">98.5%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">96.7%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">98.8%</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Average
    number of vessels (5)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6.2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5.0</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">5.0</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Daily
    time charter equivalent (TCE) rate (6)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$11,781</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$3,778</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$10,859</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$3,016</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 9pt; text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Daily
    operating expenses (7)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$5,256</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$4,353</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$5,471</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">$4,437</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Notes:</P>

<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Ownership days are the aggregate
number of days in a period during which each vessel in our fleet has been owned by us.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Available days are the number
of ownership days less the aggregate number of days that our vessels are off-hire due to scheduled repairs or repairs under guarantee,
vessel upgrades or special surveys.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Operating days are the number
of available days less the aggregate number of days that the vessels are off-hire due to any reason, including unforeseen circumstances
but excluding days during which vessels are seeking employment.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(4)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">We calculate fleet utilization
by dividing the number of operating days during a period by the number of available days during the period.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(5)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Average number of vessels is
measured by the sum of the number of days each vessel was part of our fleet during a relevant period divided by the number of calendar
days in such period.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(6)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">TCE rates are our voyage revenues
less net revenues from our bareboat charters less voyage expenses during a period divided by the number of our available days during the
period which is consistent with industry standards. TCE is a measure not in accordance with GAAP.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">(7)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">We calculate daily vessel operating
expenses by dividing vessel operating expenses by ownership days for the relevant time period.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Voyage Revenues to Daily Time Charter Equivalent
(&ldquo;TCE&rdquo;) Reconciliation</U></B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Three months ended June 30,</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Six months ended June 30,</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 62%; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 9%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 9%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2021</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 9%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Voyage revenues</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">6,829</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">2,299</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11,996</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">4,589</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 21.3pt; text-align: left; text-indent: -13.75pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Less: Voyage expenses</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">216</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">580</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">294</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,975</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>Net revenues </B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>6,613</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>1,719</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>11,702</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt"><B>2,614</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Available days net of bareboat charter days</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">561</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">455</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">1,078</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">867</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt; text-align: left"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">Daily TCE rate <I>(1)</I></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">11,781</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3,778</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">10,859</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 10pt">3,016</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>(1) Subject to rounding.</I></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>About Globus Maritime Limited</B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Globus is an integrated dry bulk shipping
company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of eight dry bulk
vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally.
Globus&rsquo; subsidiaries own and operate eight vessels with a total carrying capacity of 544,420 Dwt and a weighted average age of
10.4 years as of September 27, 2021.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Safe Harbor Statement</U></B></P>

<P STYLE="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">This communication contains &ldquo;forward-looking
statements&rdquo; as defined under U.S. federal securities laws. Forward-looking statements provide the Company&rsquo;s current expectations
or forecasts of future events. Forward-looking statements include statements about the Company&rsquo;s expectations, beliefs, plans, objectives,
intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases
such as &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;continue,&rdquo; &ldquo;estimate,&rdquo; &ldquo;expect,&rdquo; &ldquo;intend,&rdquo;
&ldquo;may,&rdquo; &ldquo;ongoing,&rdquo; &ldquo;plan,&rdquo; &ldquo;potential,&rdquo; &ldquo;predict,&rdquo; &ldquo;project,&rdquo; &ldquo;will&rdquo;
or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these
words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks
and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those
expected or implied by the forward-looking statements. The Company&rsquo;s actual results could differ materially from those anticipated
in forward-looking statements for many reasons specifically as described in the Company&rsquo;s filings with the Securities and Exchange
Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication.
Globus undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of
this communication or to reflect the occurrence of unanticipated events. You should, however, review the factors and risks Globus describes
in the reports it will file from time to time with the Securities and Exchange Commission after the date of this communication.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>For further information please contact:</B></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Globus Maritime Limited&#9;+30 210 960 8300</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left">Athanasios Feidakis, CEO&#9; <U>a.g.feidakis@globusmaritime.gr</U></A></P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Capital Link &ndash; New York&#9;+1 212 661 7566</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Nicolas Bornozis&#9;<U>globus@capitallink.com</A></U></P>


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<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>

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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"><span style="font-size: 11pt; text-transform: none; letter-spacing: normal; word-spacing: 0px"><b>Exhibit
99.2</b></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0cm"><img src="image_001.jpg" alt="" style="height: 40.5pt; width: 194.5pt" /></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>GLOBUS MARITIME LIMITED</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>MANAGEMENT&#8217;S&#160;DISCUSSION&#160;AND&#160;ANALYSIS&#160;OF</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>FINANCIAL&#160;CONDITION&#160;AND&#160;RESULTS&#160;OF&#160;OPERATIONS</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 144pt; text-align: justify; text-indent: 36pt"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a discussion of our financial condition
and results of operations for the six-month periods ended June 30, 2021 and 2020. Unless otherwise specified herein, references to the
&#8220;Company&#8221;, &#8220;we&#8221; or &#8220;our&#8221; shall include Globus Maritime Limited (NASDAQ: GLBS) and its subsidiaries.
You should read the following discussion and analysis together with our unaudited interim condensed consolidated financial statements
as of June 30, 2021 and for the six-month periods ended June 30, 2021 and 2020, and the accompanying notes thereto, included elsewhere
in this report. For the additional information relating to our management&#8217;s discussion and analysis of the financial condition and
results of operations, please see our Annual Report on Form of 20-F for the year ended December 31, 2020 filed with the Securities and
Exchange Commission (the &#8220;SEC&#8221;) on March 29, 2021 (the &#8220;2020 Annual Report&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Forward-Looking Statements</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our disclosure and analysis herein pertain to
our operations, cash flows and financial position, including, in particular, the likelihood of our success in developing and
expanding our business and making acquisitions, includes forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions,
or that include words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221;
&#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;forecasts,&#8221; &#8220;may,&#8221;
&#8220;should&#8221; and similar expressions are forward-looking statements. All statements herein that are not statements of either
historical or current facts are forward-looking statements. Forward-looking statements include, but are not limited to, such matters
as our future operating or financial results, global and regional economic and political conditions, including piracy, pending
vessel acquisitions, our business strategy and expected capital spending or operating expenses, including dry-docking and insurance
costs, competition in the dry bulk industry, statements about shipping market trends, including charter rates and factors affecting
supply and demand, our financial condition and liquidity, including our ability to obtain financing in the future to fund capital
expenditures, acquisitions and other general corporate activities, our ability to enter into fixed-rate charters after our current
charters expire and our ability to earn income in the spot market and our expectations of the availability of vessels to purchase,
the time it may take to construct new vessels, and vessels&#8217; useful lives. Many of these statements are based on our
assumptions about factors that are beyond our ability to control or predict and are subject to risks and uncertainties that are
described more fully under &#8220;Item 3. Key Information &#8211; D. Risk Factors&#8221; of the 2020 Annual Report. Any of these
factors or a combination of these factors could materially affect our future results of operations and the ultimate accuracy of the
forward-looking statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Factors that might cause future results to differ
include, but are not limited to, the following:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="padding-right: 0.8pt; text-align: justify">&#160;</td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">You should not place undue reliance on forward-looking
statements contained herein because they are statements about events that are not certain to occur as described or at all. All forward-looking
statements herein are qualified in their entirety by the cautionary statements contained herein. These forward-looking statements are
not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the
forward-looking statements. Except to the extent required by applicable law or regulation, we undertake no obligation to release publicly
any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events.</p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Overview</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The address of the registered office of Globus Maritime
Limited (&#8220;Globus&#8221;) is: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The principal business of the Company is the ownership
and operation of a fleet of dry bulk motor vessels (&#8220;m/v&#8221;), providing maritime services for the transportation of dry cargo
products on a worldwide basis. The Company conducts its operations through its vessel owning subsidiaries.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The operations of the vessels are managed by Globus
Shipmanagement Corp. (the &#8220;Manager&#8221;), a wholly owned Marshall Islands corporation. The Manager has an office in Greece, located
at 128 Vouliagmenis Avenue, 166 74 Glyfada, Greece and provides the commercial, technical, cash management and accounting services necessary
for the operation of the fleet in exchange for a management fee. The management fee is eliminated on consolidation. The unaudited interim
condensed consolidated financial statements, prepared under IFRS, include the financial statements of Globus and its subsidiaries listed
below, all wholly owned by Globus as of June 30, 2021:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><i>(1)</i></span> <span style="font-size: 9pt">On
July 20, 2021, the Company took delivery of the m/v &#8220;Power Globe&#8221;, a 2011-built Kamsarmax dry bulk carrier, through its subsidiary,
Talisman Maritime Limited.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Results of Operations</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our revenues consist of earnings under the charters
on which we employ our vessels. We believe that the important measures for analysing trends in the results of our operations consist of
the following:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Revenues</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company generates its revenues from charterers
from the charter hire of its vessels. Vessels are chartered using time charters, where a contract is entered into for the use of a vessel
for a specific period of time and a specified daily charter hire rate. If a time charter agreement exists and collection of the related
revenue is reasonably assured, revenue is recognised on a straight - line basis over the period of the time charter. Such revenues are
treated in accordance with IFRS 16 as lease income. Associated broker commissions are recognised on a pro-rata basis over the duration
of the period of the time charter. Deferred revenue relates to cash received prior to the financial position date and is related to revenue
earned after such date.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For time charters that qualify as leases, the Company
is required to disclose lease and non-lease components of lease revenue. The revenue earned under time charters is not negotiated in its
two separate components, but as a whole. For purposes of determining the standalone selling price of the vessel lease and technical management
service components of the Company&#8217;s time charters, the Company concluded that the residual approach would be the most appropriate
method to use given that vessel lease rates are highly variable depending on shipping market conditions, the duration of such charters
and the age of the vessel. The Company believes that the standalone transaction price attributable to the technical management service
component, including crewing services, is more readily determinable than the price of the lease component and, accordingly, the price
of the service component is estimated using data provided by its technical department, which consist of the crew expenses, maintenance
and consumable costs and was approximately $6,208 and $4,246 for the periods ended June 30, 2021 and 2020, respectively. The lease component
that is disclosed then is calculated as the difference between total revenue and the non-lease component revenue and was $5,788 and $343
for the periods ended June 30, 2021 and 2020, respectively.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Time Charters</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A time charter is a contract for the use of a
vessel for a specific period of time during which the charterer pays substantially all of the voyage expenses, including port and
canal charges and the cost of bunkers (fuel oil), but the vessel owner pays vessel operating expenses, including the cost of
crewing, insuring, repairing and maintaining the vessel, the costs of spares and consumable stores and tonnage taxes. Time charter
rates are usually set at fixed rates during the term of the charter. Prevailing time charter rates fluctuate on a seasonal and on a
year-to-year basis and, as a result, when employment is being sought for a vessel with an expiring or terminated time charter, the
prevailing time charter rates achievable in the time charter market may be substantially higher or lower than the expiring or
terminated time charter rate. Fluctuation in time charter rates are influenced by changes in spot charter rates, which are in turn
influenced by a number of factors, including vessel supply and demand. The main factors that could increase total vessel operating
expenses are crew salaries, insurance premiums, spare parts, repairs that are not covered under insurance policies and lubricant
prices.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Voyage Expenses</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Voyage expenses primarily consist of port, canal and
bunker expenses that are unique to a particular charter under time charter arrangements are paid by the charterers or by the Company under
voyage charter arrangements. Furthermore, voyage expenses include brokerage commission on revenue paid by the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Vessel Operating Expenses</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Vessel operating expenses primarily consist of crew
wages and related costs, the cost of insurance, expenses relating to repairs and maintenance, the cost of spares and consumable stores,
tonnage taxes and other miscellaneous expenses necessary for the operation of the vessel and borne by the owner. All vessel operating
expenses are expensed as incurred.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>General and Administrative Expenses</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The primary components of general and administrative
expenses consist of the services of our senior executive officers, and the expenses associated with being a public company. Such public
company expenses include the costs of preparing public reporting documents, legal and accounting costs and costs related to compliance
with the rules, regulations and requirements of the SEC, the rules of NASDAQ, board of directors&#8217; compensation and investor relations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Depreciation</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We depreciate the cost of our vessels after deducting
the estimated residual value, on a straight-line basis over the expected useful life of each vessel, which is estimated to be 25 years
from the date of initial delivery from the shipyard. We estimate the residual values of our vessels to be $300 per lightweight ton.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Interest and Finance Costs</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have historically incurred interest expense and
financing costs in connection with the debt incurred to partially finance the acquisition of our existing fleet. The interest rate is
generally calculated based on the three-month LIBOR rate and applicable margin.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Selected Information</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our selected consolidated financial and other data
for the six-month period ended June 30, 2021 and 2020 and as of June 30, 2021 presented in the tables below have been derived from our
unaudited interim condensed consolidated financial statements and notes thereto, included elsewhere herein. Our selected consolidated
financial data as of December 31, 2020, presented in the tables below have been derived from our audited financial statements and notes
thereto, included in our 2020 Annual Report.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Consolidated Statements of Comprehensive Loss Data</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>(In thousands of U.S. Dollars)</i></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
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    <td style="padding-left: 9pt">&#160;</td>
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    <td style="text-align: right"><span style="font-size: 10pt">(20)</span></td></tr>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="background-color: White">
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  <tr style="background-color: White">
    <td style="width: 83%">&#160;</td>
    <td style="width: 8%">&#160;</td>
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<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: right"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; background-color: #FDFDFD">(1) Shares and per
share data give effect to the 1<span style="font-family: Cambria Math,serif">&#45;</span>for<span style="font-family: Cambria Math,serif">&#45;</span>100
reverse stock split, that became effective on October 21, 2020. The weighted average number of shares for the six-month period ended June
30, 2021, was 9,001,704 compared to 83,354 shares for the six-month period ended June 30, 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">(2) Earnings / (losses) before interest, taxes,
depreciation and amortization, or &#8220;EBITDA&#8221;, represents the sum of net income/(loss), interest and finance costs, interest
income, depreciation and amortization and, if any, income taxes during a period. Adjusted EBITDA represents net earnings / (losses) before
interest and finance costs net, gains or losses from the change in fair value of derivative financial instruments, foreign exchange gains
or losses, income taxes, depreciation, depreciation of drydocking costs, amortization of fair value of time charter attached to vessels,
impairment and gains or losses from sale of vessels. EBITDA and Adjusted EBITDA do not represent and should not be considered as an alternative
to total comprehensive income/(loss) or cash generated from operations, as determined by IFRS, and our calculation of EBITDA and Adjusted
EBITDA may not be comparable to that reported by other companies. EBITDA and Adjusted EBITDA is not a recognized measure under IFRS.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">EBITDA and Adjusted EBITDA is included herein
because it is a basis upon which we assess our financial performance and because we believe that it presents useful information to investors
regarding a company&#8217;s ability to service and/or incur indebtedness and it is frequently used by securities analysts, investors and
other interested parties in the evaluation of companies in our industry.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">EBITDA and Adjusted EBITDA have limitations
as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under IFRS.
Some of these limitations are:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">&#187;&#9;EBITDA and
Adjusted EBITDA do not reflect our cash expenditures or future requirements for capital expenditures or contractual commitments;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt"><span style="font-family: Calibri, Helvetica, Sans-Serif">&#187;</span>&#9;EBITDA
and Adjusted EBITDA do not reflect the interest expense or the cash requirements necessary to service interest or principal payments on
our debt;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">&#187;&#9;EBITDA and
Adjusted EBITDA do not reflect changes in or cash requirements for our working capital needs; and</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">&#187;&#9;other companies
in our industry may calculate EBITDA and Adjusted EBITDA differently than we do, limiting its usefulness as a comparative measure.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Because of these limitations, EBITDA and Adjusted
EBITDA should not be considered a measure of discretionary cash available to us to invest in the growth of our business.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span style="text-decoration: underline">Total comprehensive loss to EBITDA and Adjusted
EBITDA Reconciliation</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="3" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">Period Ended June 30,</span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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  <tr>
    <td style="width: 80%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: right; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>2021</b></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">(Unaudited)</p></td>
    <td style="text-align: right; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>2020</b></p>
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  <tr style="background-color: #CCEEFF">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Total comprehensive loss for the period</b></span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">$</span></td>
    <td style="white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt"><b>(789)</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>$</b></span></td>
    <td style="white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt"><b>(13,199)</b></span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Interest and finance costs, net</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">2,507</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">2,230</span></td></tr>
  <tr style="background-color: #CCEEFF">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">1,492</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">1,176</span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation of drydocking costs</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">1,115</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">856</span></td></tr>
  <tr style="background-color: #CCEEFF">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">EBITDA (unaudited)</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">$</span></td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">4,325</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">$</span></td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">(8,937)</span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Loss on derivative financial instruments</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">65</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">1,868</span></td></tr>
  <tr style="background-color: #CCEEFF">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Foreign exchange gains, net</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">(29)</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">7</span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 8pt">&#8212;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; background-color: white; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">4,615</span></td></tr>
  <tr style="background-color: #CCEEFF">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Adjusted EBITDA (unaudited)</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">$</span></td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">4,361</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">$</span></td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 0pt; padding-left: 0pt; text-align: right"><span style="font-size: 10pt">(2,447)</span></td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Balance Sheets Data</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>(In thousands of U.S. Dollars)</i></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 81%; padding-left: 9pt; text-align: justify">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 6pt; text-align: right"><span style="font-size: 10pt"><b>As of June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>As of December 31,</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="text-align: justify">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 6pt; padding-left: 9pt; text-align: center"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 6pt; padding-left: 9pt; text-align: center"><span style="font-size: 10pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-left: 9pt; text-align: justify">&#160;</td>
    <td colspan="3" style="text-align: center; padding-right: 6pt; padding-left: 9pt"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(Unaudited)&#160;&#160;</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Consolidated condensed statement of financial position:</b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Vessels, net</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">88,152</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">62,350</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Advances for vessel acquisition</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">1,631</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 8pt">&#8212;</span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Other non-current assets (including non-current
    restricted cash)</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">4,075</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">1,810</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Total non-current assets</b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>93,858</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>64,160</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Cash and bank balances and bank deposits
    (including current restricted cash)</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">75,045</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">19,853</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Other current assets</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">1,749</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">2,428</span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Total current assets</b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>76,794</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>22,281</b></span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Total assets&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>170,652</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>86,441</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Total equity </b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>130,654</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>42,094</b></span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Total debt net of unamortized debt discount</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">33,727</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">36,552</span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt">Other liabilities</span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">6,271</span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">7,795</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Total liabilities</b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>39,998</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>44,347</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-left: 1.9pt; text-align: justify"><span style="font-size: 10pt"><b>Total equity and liabilities</b></span></td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>170,652</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 6pt; padding-left: 9pt; text-align: right"><span style="font-size: 10pt"><b>86,441</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Statements of Cash Flows Data</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>(In thousands of U.S. Dollars)</i></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="padding-left: 9pt; text-indent: -7.2pt">&#160;</td>
    <td colspan="3" style="padding-right: 6pt; padding-left: 21.3pt; text-align: right"><span style="font-size: 10pt"><b>Six months
    ended June 30,</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 81%; padding-left: 9pt; text-indent: -7.2pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 9%; padding-right: 6pt; padding-left: 21.3pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td style="border-top: Black 0.5pt solid; width: 1%">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 9%; padding-right: 6pt; padding-left: 21.3pt; text-align: right; text-indent: 7.05pt"><span style="font-size: 10pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-left: 9pt; text-indent: -7.2pt">&#160;</td>
    <td colspan="3" style="padding-right: 6pt; padding-left: 21.3pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(Unaudited)</span></td></tr>
  <tr style="vertical-align: top; background-color: White">
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  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom"><span style="font-size: 10pt">Net cash generated from / (used in) operating activities</span></td>
    <td style="vertical-align: top; padding-right: 6pt; padding-left: 21.3pt; text-align: right"><span style="font-size: 10pt">2,082</span></td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 6pt; padding-left: 21.3pt; text-align: right"><span style="font-size: 10pt">(3,969)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom"><span style="font-size: 10pt">Net cash (used in) / generated from investing activities</span></td>
    <td style="vertical-align: top; padding-right: 6pt; padding-left: 21.3pt; text-align: right"><span style="font-size: 10pt">&#160;(28,725)</span></td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 6pt; padding-left: 21.3pt; text-align: right"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;12</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom"><span style="font-size: 10pt">Net cash  generated from financing activities</span></td>
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    <td>&#160;</td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>




<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Operational data </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>(In   U.S. Dollars)</i></p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="text-align: justify">&#160;</td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; padding-right: 6pt; text-align: right"><span style="font-size: 10pt"><b>Six months ended June 30,</b></span></td>
    </tr>
  <tr style="vertical-align: top">
    <td style="padding-left: 9pt; text-align: justify; width: 81%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 6pt; padding-left: 9pt; text-align: center; width: 9%"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 6pt; padding-left: 9pt; text-align: center; width: 9%"><span style="font-size: 10pt"><b>2020</b></span></td>
    </tr>
  <tr>
    <td style="vertical-align: top; padding-left: 9pt; text-indent: -7.2pt">&#160;</td>
    <td colspan="3" style="vertical-align: top; padding-right: 6pt; padding-left: 21.3pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(Unaudited)</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Ownership days (1)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">1,108</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">910</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Available days (2)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">1,078</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">867</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Operating days (3)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">1,042</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">856</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Fleet utilization (4)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">96.7%</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">98.8%</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Average number of vessels (5)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">6.1</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">5.0</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Daily time charter equivalent (TCE) rate (6)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">$10,859</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">$3,016</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-left: 9pt; text-align: justify"><span style="font-size: 10pt">Daily operating expenses (7)</span></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">$5,471</span></td>
    <td></td>
    <td style="vertical-align: top; padding-left: 9pt; text-align: right"><span style="font-size: 10pt">$4,437</span></td>
    </tr>
  </table>
<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notes:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(1)</span></td><td style="text-align: justify"><span style="font-size: 10pt">Ownership days are the aggregate number of days in a period during which
each vessel in our fleet has been owned by us.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(2)</span></td><td style="text-align: justify"><span style="font-size: 10pt">Available days are the number of ownership days less the aggregate number
of days that our vessels are off-hire due to scheduled repairs or repairs under guarantee, vessel upgrades or special surveys.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(3)</span></td><td style="text-align: justify"><span style="font-size: 10pt">Operating days are the number of available days less the aggregate number
of days that the vessels are off-hire due to any reason, including unforeseen circumstances but excluding days during which vessels are
seeking employment.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(4)</span></td><td style="text-align: justify"><span style="font-size: 10pt">We calculate fleet utilization by dividing the number of operating days
during a period by the number of available days during the period.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(5)</span></td><td style="text-align: justify"><span style="font-size: 10pt">Average number of vessels is measured by the sum of the number of days each
vessel was part of our fleet during a relevant period divided by the number of calendar days in such period.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(6)</span></td><td style="text-align: justify"><span style="font-size: 10pt">TCE rates are our voyage revenues
less voyage expenses during a period divided by the number of our available days during the period which is consistent with industry standards.
TCE is a measure not in accordance with GAAP.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 10pt">(7)</span></td><td style="text-align: justify"><span style="font-size: 10pt">We calculate daily vessel operating expenses by dividing vessel operating
expenses by ownership days for the relevant time period.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span style="text-decoration: underline">Voyage Revenues to Daily Time Charter Equivalent
(&#8220;TCE&#8221;) Reconciliation</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt">&#160;</td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Six months ended June 30,</b></span></td>
    </tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt; width: 81%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 9%"><span style="font-size: 10pt"><b>2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 9%"><span style="font-size: 10pt"><b>2020</b></span></td>
    </tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="3" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span style="font-size: 10pt">&#160;(Unaudited)</span></td>
    </tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 7.55pt">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    </tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 7.55pt"><span style="font-size: 10pt">Voyage revenues</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">11,996</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">4,589</span></td>
    </tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 21.3pt; text-indent: -13.75pt"><span style="font-size: 10pt">Less: Voyage expenses</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">294</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,975</span></td>
    </tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 7.55pt"><span style="font-size: 10pt">Net revenues </span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">11,702</span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,614</span></td>
    </tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 7.55pt"><span style="font-size: 10pt">Available days </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,078</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">867</span></td>
    </tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 7.55pt"><span style="font-size: 10pt">Daily TCE rate (1)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">10,859</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,016</span></td>
    </tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24.5pt; text-align: justify; text-indent: -24.5pt"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24.5pt; text-align: justify; text-indent: -24.5pt"><i>&#160;</i></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 24.5pt; text-align: justify; text-indent: -24.5pt"><i>(1) Subject to
rounding.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Recent Developments</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><b>Issuance of
additional Series B preferred shares</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">On March 2, 2021, we issued an additional
10,000 of our Series B Preferred Shares to Goldenmare Limited in return for $130,000. The $130,000 was paid by reducing, on a dollar-for-dollar
basis, the amount payable as compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The issuance of the Series B preferred shares to Goldenmare
Limited was approved by an independent committee of the Board of Directors of the Company, which received a fairness opinion from an independent
financial advisor.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">Each Series B preferred share entitles
the holder thereof to 25,000 votes per share on all matters submitted to a vote of the shareholders of the Company, provided however,
that no holder of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the
aggregate voting power of any beneficial owner of such shares and its affiliates (whether pursuant to ownership of Series B preferred
shares, common shares or otherwise) to exceed 49.99% of the total number of votes eligible to be cast on any matter submitted to a vote
of shareholders of the Company. To the fullest extent permitted by law, the holders of Series B preferred shares shall have no special
voting or consent rights and shall vote together as one class with the holders of the common shares on all matters put before the shareholders.
The Series B preferred shares are not convertible into common shares or any other security. They are not redeemable and have no dividend
rights. Upon any liquidation, dissolution or winding up of the Company, the Series B preferred shares are entitled to receive a payment
with priority over the common shareholders equal to the par value of $0.001 per share. The Series B preferred shareholder has no other
rights to distributions upon any liquidation, dissolution or winding up of the Company. All issued and outstanding Series B preferred
shares must be held of record by one holder, and the Series B preferred shares shall not be transferred without the prior approval of
our Board of Directors. Finally, in the event the Company (i) declares any dividend on its common shares, payable in common shares, (ii)
subdivides the outstanding common shares or (iii) combines the outstanding common shares into a smaller number of shares, there shall
be a proportional adjustment to the number of outstanding Series B preferred shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of June 30, 2021, Goldenmare Limited owned 10,300
of the Company&#8217;s Series B preferred shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><b>Public Offerings</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 13, 2021, the remaining pre-funded warrants
from the December 2020 Pre-Funded Warrants were exercised and 130,000 common shares, par value $0.004 per share were issued.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 27, 2021, the Company entered into a
securities purchase agreement with certain unaffiliated institutional investors to issue (a) 2,155,000 common shares, par value $0.004
per share, (b) pre-funded warrants to purchase 445,000 common shares, par value $0.004 per share and (c) warrants (the &#8220;January
2021 Warrants&#8221;) to purchase 1,950,000 common shares, par value $0.004 per share, at an exercise price of $6.25 per share. Total
proceeds, net of commission retained by the placement agent, amounted to $15,108,050 before issuance expenses of approximately $122,000.
The pre-funded warrants were all exercised subsequently and the total proceeds amounted to $4,450. No January 2021 Warrants have been
exercised as of the date hereof.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The January 2021 Warrants are exercisable for a period
of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder, in whole
or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number
of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the
warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless
exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula
set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages
provisions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 12, 2021, the Company entered into a
securities purchase agreement with certain unaffiliated institutional investors to issue (a) 3,850,000 common shares par value $0.004
per share, (b) pre-funded warrants to purchase 950,000 common shares, par value $0.004 par value, and (c) warrants (the &#8220;February
2021 Warrants&#8221;) to purchase 4,800,000 common shares, par value $0.004 per share, at an exercise price of $6.25 per share. Total
proceeds, net of commission retained by the placement agent, amounted to $27,890,500 before issuance expenses of approximately $150,000.
The pre-funded warrants were all exercised subsequently and the total proceeds amounted to $9,500. No February 2021 Warrants have been
exercised as of the date hereof.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The February 2021 Warrants are exercisable for a period
of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder, in whole
or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number
of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the
warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless
exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula
set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages
provisions.</p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 25, 2021, the Company entered into a securities
purchase agreement with certain unaffiliated institutional investors to issue (a) 8,900,000 common shares par value $0.004 per share,
(b) pre-funded warrants to purchase 1,100,000 common shares, par value $0.004 par value, and (c) warrants (the &#8220;June 2021 Warrants&#8221;)
to purchase 10,000,000 common shares, par value $0.004 per share, at an exercise price of $5.00 per share. Total proceeds, net of commission
retained by the placement agent, amounted to $46,580,875 before issuance expenses of approximately $129,000. As of June 30, 2021, 550,000
pre-funded warrants were exercised and the total proceeds amounted to $5. The remaining 550,000 pre-funded warrants were exercised subsequently
and the total proceeds amounted to $5,500. No June 2021 Warrants have been exercised as of the date hereof.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The June 2021 Warrants are exercisable for a period
of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder, in whole
or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number
of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the
warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless
exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula
set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages
provisions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><b>Acquisition of new
vessel</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 9, 2021, the Company took delivery of the
m/v &#8220;Diamond Globe&#8221;, a 2018-built Kamsarmax dry bulk carrier, through its subsidiary, Argo Maritime Limited, for a purchase
price of $27 million financed with available cash. The m/v &#8220;Diamond Globe&#8221; was built at Jiangsu New Yangzi Shipbuilding Co.,
Ltd and has a carrying capacity of 82,027 dwt.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On July 20, 2021, the Company took delivery of the
m/v &#8220;Power Globe&#8221;, a 2011-built Kamsarmax dry bulk carrier, through its subsidiary, Talisman Maritime Limited, for a purchase
price of $16.2 million financed with available cash. The m/v &#8220;Power Globe&#8221; was built at Universal Shipbuilding Corporation
in Japan and has a carrying capacity of 80,655 dwt.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 22, 2021, the Company entered into a
memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Peak Liberty&#8221;, a 2015-built Kamsarmax
dry bulk carrier, for a purchase price of $28.4 million. The m/v &#8220;Peak Liberty&#8221; was built at Tsuneishi Zosen in Japan and
has a carrying capacity of 81,837 dwt. The agreement is subject to customary closing conditions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Debt financing</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2021, the Company prepaid $6.0 million of
the Entrust loan facility, which represented all amounts that would otherwise come due during calendar year 2021. As a result, after this
pre-payment we had an aggregate debt outstanding of $31 million, gross of unamortized debt costs, from the Entrust Loan Facility.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 10, 2021, the Company reached an agreement
with CiT Bank N.A. for a loan facility of $34.25 million bearing interest at LIBOR plus a margin of 3.75% per annum. This loan facility
is referred to as the CiT loan facility. The proceeds of this financing were used to repay the outstanding balance of the EnTrust Loan
Facility.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>LIBOR will be replaced as the reference rate under
debt obligations</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On July 27, 2017, the UK Financial Conduct Authority
announced that it would phase-out LIBOR by the end of 2021. As a result, lenders have insisted on provisions that entitle the lenders,
in their discretion, to replace published LIBOR as the basis for the interest calculation with their cost-of-funds rate. Certain of the
Company&#8217;s existing financing arrangements, provide for the use of replacement rates if LIBOR is discontinued. The Company is in
the process of evaluating the impact of LIBOR discontinuation. While it cannot predict the effect of the potential changes to LIBOR or
the establishment and use of alternative rates or benchmarks, the interest payable on debt could be subject to volatility and the lending
costs could increase, which would have an adverse effect on the Company&#8217;s profitability, earnings and cash flow.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The CiT loan facility includes three options in case
there is no Screen Rate available for LIBOR for the Interest Period of the CiT loan facility or any part of the CiT loan facility:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">1.</span></td><td style="text-align: justify"><span style="font-size: 10pt">the applicable LIBOR shall be the Interpolated Screen Rate for a period
equal in length to the Interest Period of the CiT loan facility or that part of the CiT loan facility. </span></td></tr>
<tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">2.</span></td><td style="text-align: justify"><span style="font-size: 10pt">If no Screen Rate is available for LIBOR for:</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;dollars;
or</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;the
Interest Period of the CiT loan facility or any part of the CiT loan facility and it is not possible to calculate the Interpolated Screen
Rate, the applicable LIBOR shall be the Reference Bank Rate as of the Specified Time and for a period equal in length to the Interest
Period of the CiT loan facility or that part of the CiT loan facility.</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">3.</span></td><td style="text-align: justify"><span style="font-size: 10pt">If no Reference Bank Rate is available for dollars or the relevant Interest
Period there shall be no LIBOR for the CiT loan facility or that part of the CiT loan facility (as applicable) then &#8220;Cost of funds&#8221;
(as described in clause 10.4 of the CiT loan facility) shall apply to the CiT loan facility or that part of the CiT loan facility for
that Interest Period.</span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Results of Operations</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Impact of COVID-19 on the Company&#8217;s Business</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b><i>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The spread of the COVID-19 virus, which has been declared
a pandemic by the World Health Organization in 2020 had caused substantial disruptions in the global economy and the shipping industry,
as well as significant volatility in the financial markets, the severity and duration of which remains uncertain<span style="background-color: white">.
</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 36pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The measures taken by governments worldwide in response
to the outbreak, which included numerous factory closures, self-quarantining, and restrictions on travel, as well as potential labour
shortages resulting from the outbreak, had slowed down production of goods worldwide and decreased the amount of goods exported and imported
worldwide. Some experts fear that the economic consequences of the coronavirus could cause a recession that outlives the pandemic.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Besides reducing demand for cargo, coronavirus
may functionally limit the amount of cargo that the Company and its competitors are able to move because countries worldwide have
imposed quarantine checks on arriving vessels, which have caused delays in loading and delivery of cargoes. It is possible that
charterers may try to invoke force majeure clauses as a result.<span style="font-size: 10pt">&#160;</span></p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Crewing and Crew management operations.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Due to COVID-19 there are restrictions on
travelling in many jurisdictions. We may face problems in the embarkation and disembarkation of our crew members. Many airports
around the world as well as many countries impose heavy travel restrictions such as quarantine periods for incoming and outgoing
travelers. We continue to monitor the situation with respect and utmost care for our seafarers, always communicating with the
relevant authorities in order to assist them as much as we can in these unprecedented times.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Disruption in operations in case crew members get
infected.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In case one of our crew members is found to be
infected by COVID-19 this may lead to delays in cargo operations. It may also lead to a detention and quarantine of the ship for an
unspecified amount of time. Relevant authorities may require us to perform disinfection and fumigation operations if a crew member
gets infected by COVID-19. Crew members may be quarantined if a member is found to be infected. The above may lead to increased
costs and lower utilization of our fleet.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Dry docking and Repairs.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Repair yards and dry docks in the far east, usually
selected for the scheduled maintenance of our vessels, may be affected by the closures and travel restrictions in their countries. Shipyard
staff and third-party experts as well as spare parts may be harder to procure and provide making the maintenance process potentially
lengthier, costlier, or unfeasible. Spare parts and supplies may be harder to produce and deliver to a shipyard where they would be utilized
for a scheduled maintenance. In addition to the above, and always relating to COVID-19 travel restrictions, it will be difficult for
our in-house technical teams to travel to the shipyards in order to monitor the maintenance process, so the maintenance may have to be
postponed or third party monitoring technical crews will be hired. Finally, classification society surveyor attendance may be restricted
thus not only affecting the time spent within a repair facility but also causing scheduled survey work to be postponed as far as this
is permissible.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the following technical department activities
yet not limited to:</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">1.</span></td><td style="text-align: justify"><span style="font-size: 10pt">Logistics and supply of spares and expert services may incur increased costs
and disruption in planned maintenance and consequently lead to increased failures / incidents.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">2.</span></td><td style="text-align: justify"><span style="font-size: 10pt">Office personnel attendance is disrupted or impossible, which can have as
a result inadequate supervision and lead to increased incidents in third party inspection and reduced maintenance quality.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">3.</span></td><td style="text-align: justify"><span style="font-size: 10pt">Long term planned maintenance (dry docking) unsupervised by Company personnel,
that can result to lower quality and increased costs.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font-size: 10pt">4.</span></td><td style="text-align: justify"><span style="font-size: 10pt">Delays in class surveys, which can lead to postponements.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">The above ultimately are translated
to possible increased costs and reduced maintenance quality which in the long-term shall spiral to cost increases again as the aftermath
shall have to be dealt with. However, there are presently insufficient statistics to reach to prediction model as regards to the actual
increase in costs due to the above disruptions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has evaluated the impact of current
economic situation on the recoverability of the carrying amount of its vessels. During the first quarter of 2020, the Company
concluded that events and circumstances triggered the existence of potential impairment of its vessels. These indicators included
volatility in the charter market as well as the potential impact the current marketplace may have on the future operations. As a
result, the Company performed an impairment assessment of the Company&#8217;s vessels by comparing the discounted projected net
operating cash flows for each vessel to its carrying value. For the first quarter of 2020, the Company concluded that the
recoverable amounts of the vessels were lower than their respective carrying amounts and an impairment loss of $4.6 million was
recorded (see also Note 5). For the first half of 2021 the Company re-evaluated the carrying amount of its vessels and concluded
that no further impairment of its vessels should be recorded or previously recognized impairment should be reversed.</p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span style="text-decoration: underline">First half of the year 2021 compared to the
first half of the year 2020.</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; background-color: #FDFDFD">Total comprehensive
loss for the six-month period ended June 2021 amounted to $0.8 million or $0.09 basic and diluted loss per share based on 9,001,704 weighted
average number of shares, compared to total comprehensive loss of $13.2 million for the same period last year or $158.35 basic and diluted
loss per share based on 83,354 weighted average number of shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; background-color: #FDFDFD">The following table
corresponds to the breakdown of the factors that led to the decrease in total comprehensive loss during the six-month period ended June
30, 2021 compared to the six-month period ended June 30, 2020 (expressed in $000&#8217;s):</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center; background-color: #FDFDFD"><b>1<sup>st</sup> half
of 2021 vs 1<sup>st</sup> half of 2020</b></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; margin-left: auto; width: 100%; border-collapse: collapse; margin-right: auto">
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; width: 83%; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt"><b>Net loss and total comprehensive loss for 1<sup>st</sup> half of 2020</b></span></td>
    <td style="white-space: nowrap; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>(13,199)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in voyage revenues</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">7,407</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Decrease in Voyage expenses</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,681</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in Vessels operating expenses</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(2,022)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in Depreciation</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(316)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in Depreciation of dry-docking costs</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(259)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in Total administrative expenses</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(380)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Decrease in Impairment loss</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">4,615</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in Other income, net</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">122</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Decrease in Interest income</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Increase in Interest expense and finance costs</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(268)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Decrease in Loss on derivative financial instruments</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,803</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Decrease in Foreign exchange loss</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">36</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt"><b>Net loss and total comprehensive loss for 1<sup>st</sup> half of 2021</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>(789)</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><b><i>Voyage revenues</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">During the six-month period
ended June 30, 2021 and 2020, our Voyage revenues reached $12 million and $4.6 million respectively. The 161% increase in Voyage revenues
was mainly attributed to the increase in the average time charter rates achieved by our vessels during the six-month period ended June
30, 2021, compared to the same period in 2020. Furthermore, the Company operated a fleet of average 6.1 vessels during the 1<sup>st</sup>
half of 2021 compared to 5 vessels for the same period in 2020. Daily Time Charter Equivalent rate (TCE) for the six-month period of 2021
was $10,859 per vessel per day against $3,016 per vessel per day during the same period in 2020 corresponding to an increase of 260%,
which is attributed to the better conditions throughout the bulk market for the first half of 2021 compared with the low rates in the
first half of 2020, which was mainly attributed to the outbreak of COVID-19 pandemic.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><b><i>Voyage expenses </i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Voyage expenses reached $0.3 million during the six-month
period ended June 30, 2021, compared to $2 million during the same period last year. Voyage expenses include commissions on revenues,
port and other voyage expenses and bunker expenses. Bunker expenses mainly refer to the cost of bunkers consumed during periods that our
vessels are travelling seeking employment. Voyage expenses for the six-month period ended June 30, 2021 and 2020, are analyzed as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 0.5pt solid; width: 80%; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">In $000&#8217;s</span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>&#160;2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>&#160;2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Commissions</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">185</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">61</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Bunkers expenses</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#8212;</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,825</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Other voyage expenses </span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">109</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">89</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 2.5pt; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt"><b>Total</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>294</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,975</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This decrease is mainly
attributed to the decreased ballasting days of the fleet during the six-month period ended June 30, 2021, compared to the same period
in 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><b><i>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"><b><i>Vessel operating
expenses</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Vessel operating expenses, which include crew
costs, provisions, deck and engine stores, lubricating oils, insurance, maintenance, and repairs, reached $6.1 million during the
six-month period ended June 30, 2021, compared to $4 million during the same period last year. This is partly attributed to the fact
that the average number of vessels of the fleet of the Company has increased to 6.1 vessels during the first half of 2021 compared
to 5 vessels for the same period in 2020. The breakdown of our operating expenses for the six-month period ended June 30, 2021 and
2020 was as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="width: 81%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>&#160;2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>&#160;2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Crew expenses</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">54%</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">56%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Repairs and spares</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">22%</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">18%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Insurance</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">7%</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">8%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Stores</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">11%</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">10%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Lubricants</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3%</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Other</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3%</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3%</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD"></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Average daily operating expenses during the six-month
periods ended June 30, 2021 and 2020, were $5,471 per vessel per day and $4,437 per vessel per day respectively, corresponding to an
increase of 23%. The increased daily operating expenses during the first half of 2021 is mainly attributed to crew matters such as more
frequent repatriations, rotations that come with increased travelling, testing and quarantine compliance costs, that could not be performed
during the same period in 2020 as most countries were on lockdown due to COVID-19. Furthermore, during the period under consideration
the Company had increased expenses for repairs and maintenance, compared to the six-month period ended June 30, 2020</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Depreciation</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Depreciation charge during
the six-month period ended June 30, 2021, reached $1.5 million compared to $1.2 million during the same period in 2020. This is mainly
attributed to the increase of the fleet from 5 vessels during the six-month period ended June 30, 2020 to 6.1 vessels for the same period
in 2021. Nonetheless, this increase has been counterbalanced due to the impairment loss of $4.6 million, recognized in the 1<sup>st</sup>
quarter of 2020, which reduced the carrying amount of the fleet.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Total administrative expenses</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">Total administrative
expenses increased to $1.4 million during the six-month period ended June 30, 2021, compared to $1 million in 2020. The increase is
partly attributed to new personnel hirings, as a result of the fleet expansion from 5 vessels as of June 30, 2020, to 7 vessels as
of June 30, 2021. As of July 20, 2021, the Company also took delivery of its 8<sup>th</sup> vessel, the m/v &#8220;Power
Globe&#8221;.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Impairment loss</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">During the 1<sup>st</sup>
half of 2020, the Company concluded that the recoverable amounts of its vessels were lower than their respective carrying amounts and
recognized an impairment loss of $4.6 million. No impairment was recorded during the 1<sup>st</sup> half of 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FDFDFD">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Interest expense and finance costs</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Interest expense and finance costs reached $2.5 million
during the six-month period ended June 30, 2021, compared to $2.2 million in 2020. Interest expense and finance costs for the six-month
periods ended June 30, 2021 and 2020, are analyzed as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 0pt; width: 81%"><span style="font-size: 10pt">In $000&#8217;s</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: -2.25pt; padding-left: 5.4pt; text-align: center; width: 9%"><span style="font-size: 10pt"><b>&#160;2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 9%"><span style="font-size: 10pt"><b>&#160;2020</b></span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Interest payable on long-term borrowings</span></td>
    <td style="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,303</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,061</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Bank charges</span></td>
    <td style="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">42</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">12</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Operating lease liability interest</span></td>
    <td style="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">19</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">23</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Amortization of debt discount </span></td>
    <td style="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">471</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">141</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Other finance expenses</span></td>
    <td style="vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">643</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt">Accrued loss on Interest rate Swap</span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">32</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>&#8212;</b></span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0pt"><span style="font-size: 10pt"><b>Total</b></span></td>
    <td style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: -2.25pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,510</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,242</b></span></td>
    </tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of June 30, 2021, and 2020, we and our
vessel-owning subsidiaries had outstanding borrowings under our Loan agreements of an aggregate of $34.25 and $37.8 million,
respectively, gross of unamortized debt discount. The decrease in interest payable is partly attributed to the decreased outstanding
balance of the Company&#8217;s Loan facilities and partly attributed to the decrease of the weighted interest rate from 10.1% during
the six-month period ended June 30, 2020 to 7.6% for the same period in 2021, which is mainly attributed to the refinance of the
EnTrust loan facility with CiT loan facility on May 2021. The EnTrust loan facility had a margin of 8.50% (plus Libor) whereas the
CiT loan facility has a margin of 3.75% (plus Libor). Other finance expenses for the first half 2021 include approximately $0.6
million that were the loan prepayment fee and expenses relating to the prepayment of EnTrust loan facility</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Loss on derivative financial instruments</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the period ended June 30, 2020, the loss on
the derivative financial instruments is mainly attributed to the valuation of the &#8220;Convertible Note&#8221;(as defined in note
11 of the Company&#8217;s 2020 Annual Report). Further to the conversion clause
included into the Convertible Note for the period ended June 30, 2020 a total amount of approximately $1.2 million, principal and
accrued interest, was converted to share capital with the conversion price of $100 per share and a total number of 11,677 new shares
issued in name of the holder of the Convertible Note. These conversions resulted to a loss of approximately $0.3 million recognized
in the consolidated statement of comprehensive loss. Furthermore, with the repayment of the Convertible Note on June 25, 2020, we
recognized a loss of $1.3 million in the consolidated statement of comprehensive loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Following the new loan facility with CiT Bank N.A.
the Company entered into an Interest Rate Swap agreement on May 10, 2021 and recognized a loss of $162 thousand in the consolidated statement
of comprehensive loss. As of June 30, 2021, the Company recognized a gain of approximately $97 thousand according to the Interest Rate
Swap valuation and is included in the consolidated statement of comprehensive loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>




<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Liquidity and capital resources</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of June 30, 2021, and December 31, 2020, our cash
and bank balances and bank deposits (including restricted cash) were $78.5 million and $21.1 million, respectively.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of June 30, 2021, the Company reported a working
capital surplus of $66 million and was in compliance with the covenants included in the loan agreement with CiT Bank N.A. During the
first half of 2021, the Company raised approximately $89.2 million, net of issuance commissions, through the issuance of equity securities.
As of June 30, 2021, the Company had an available undrawn amount of $14.2 million under the facility with Firment. The Company&#8217;s
cash flow projections indicated that cash on hand and cash to be generated from operating activities will be sufficient to cover the
liquidity needs, including the outflows for new vessel acquisitions and debt obligations that become due in the twelve-month period ending
following the issuance of these unaudited interim condensed consolidated financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Net cash generated from operating activities for
the six-month period ended June 30, 2021 </b>was $2.1 million compared to net cash used in operating activities of $4 million during
the respective period in 2020. The increase in our cash generated from operating activities was mainly attributed to the increase in
our Voyage revenues from $4.6 million during the six-month period ended June 30, 2020 to $12 million during the six-month period under
consideration.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Net cash used in investing activities for the
six-month period ended June 30, 2021 </b>was $28.7 million compared to net cash generated from investing activities of $12 thousand during
the respective period in 2020. The increase in our cash used in investing activities was mainly attributed to the purchase of m/v &#8220;Diamond
Globe&#8221;, amounting to $27 million and the advance for the acquisition of m/v &#8220;Power Globe&#8221;, amounting to $1.6 million
during the six-month period ended June 30, 2021.<b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Net cash generated from financing activities</b>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of June 30, 2021 and 2020, we and our vessel-owning
subsidiaries had outstanding borrowings under our Loan agreements of an aggregate of $34.25 and $37.8 million, respectively, gross of
unamortized debt discount.</p>




<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><b>INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b></b></p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: middle; background-color: rgb(204,238,255)">
    <td style="width: 95%"><a href="#a_001">Unaudited Interim Condensed Consolidated Statements of Comprehensive Loss for the six-month periods ended June 30, 2021 and 2020</a></td>
    <td style="text-align: right; width: 5%"><a href="#a_001">F-2</a></td></tr>
  <tr style="background-color: White">
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  <tr style="vertical-align: middle; background-color: rgb(204,238,255)">
    <td><a href="#a_002">Condensed Consolidated Statements of Financial Position as of June 30, 2021 (Unaudited) and December 31, 2020</a></td>
    <td style="text-align: right"><a href="#a_002">F-3</a></td></tr>
  <tr style="background-color: White">
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    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center; vertical-align: bottom">&#160;</td></tr>
  <tr style="vertical-align: middle; background-color: rgb(204,238,255)">
    <td><a href="#a_003">Unaudited Interim Condensed Consolidated Statements of Changes in Equity for the six-month periods ended June 30, 2021 and 2020</a></td>
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  <tr style="background-color: White">
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    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center; vertical-align: bottom">&#160;</td></tr>
  <tr style="vertical-align: middle; background-color: rgb(204,238,255)">
    <td><a href="#a_004">Unaudited Interim Condensed Consolidated Statements of Cash Flows for the six-month periods ended June 30, 2021 and 2020</a></td>
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  <tr style="background-color: White">
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    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center; vertical-align: bottom">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
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  </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_001"></span>UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>For the six-months ended June 30, 2021 and 2020</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>(Expressed in thousands of U.S. Dollars, except share, per share and warrants data)</b></p></div>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" id="xdx_30B_113_pn3n3_ziBIAK7mJqx4" summary="xdx: Statement - Unaudited Interim Condensed Consolidated Statements of Comprehensive Loss" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
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    <td id="xdx_49C_20210101__20210630_zZWtN1BwpZ0a" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td id="xdx_491_20200101__20200630_zIlyt2cxwizl" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: white">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
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    <td style="white-space: nowrap; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Notes</b></span></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>REVENUES:</b></span></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_402_eifrs-full--RevenueFromRenderingOfServices_uUSD_maRzdhi_zjT3N2JHgJFk" style="background-color: White">
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    <td>&#160;</td>
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  <tr id="xdx_401_eifrs-full--Revenue_iT_uUSD_mtRzdhi_maPLFOAz1JY_zaB0L0rGLSng" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total Revenues</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--MaterialIncomeAndExpenseAbstract_iB_zzTmsEtNo0Bi" style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>EXPENSES &amp; OTHER OPERATING INCOME:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_403_eifrs-full--ServicesExpense_iN_di_msPLFOAz1JY_z0nMJE3nGAhc" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Voyage expenses </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">294</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ServicesExpense" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,975</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40F_ecustom--OperatingCosts_iN_di_msPLFOAz1JY_zlOsJhoNjzF4" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Vessel operating expenses </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:OperatingCosts" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,060</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:OperatingCosts" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,038</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_eifrs-full--DepreciationExpense_iN_di_msPLFOAz1JY_zwYtMORbIcTf" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Depreciation </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>5, 11</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,492</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,176</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_ecustom--DepreciationOfDryDockingCosts_iN_di_msPLFOAz1JY_z57FnijZuD6l" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Depreciation of dry-docking costs </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>5</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:DepreciationOfDryDockingCosts" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,115</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:DepreciationOfDryDockingCosts" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">856</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--AdministrativeExpense_iN_di_msPLFOAz1JY_zSgZqQveWine" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Administrative expenses </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,075</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">820</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_ecustom--AdministrativeExpenseRelatedPartyTransactions_iN_di_msPLFOAz1JY_z9haNOvPOAl4" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Administrative expenses payable to related parties</span></td>
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:AdministrativeExpenseRelatedPartyTransactions" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">309</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:AdministrativeExpenseRelatedPartyTransactions" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">184</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40A_ecustom--DirectorsCompensationSharebasedPayment_iN_di_msPLFOAz1JY_zrQZBBk8Evx2" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Share-based payments</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>9</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:DirectorsCompensationSharebasedPayment" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--ImpairmentLoss_iN_di0_msPLFOAz1JY_zxrTpy7cDqZ3" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Impairment loss</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>5</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="From2021-01-01to2021-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_maPLFOAz1JY_z3esaGwexlI8" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Other income, net </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">123</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--ProfitLossFromOperatingActivities_iT_mtPLFOAz1JY_maPLzede_z9JEoB3MhVDl" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Operating profit/(loss) </b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,754</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">9,094</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_401_eifrs-full--RevenueFromInterest_maPLzede_z83YOZuFZQrg" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Interest income</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td></tr>
  <tr id="xdx_40E_eifrs-full--FinanceCosts_iN_di_msPLzede_zth8hxGrvSff" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Interest expense and finance costs </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,510</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,242</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40C_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_maPLzede_zsKcW5ttoiAh" style="background-color: rgb(204,238,255)">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Loss on derivative financial instruments</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">65</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,868</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_maPLzede_zlRoG0964uB7" style="background-color: White">
    <td style="text-indent: 10pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Foreign exchange gains/(losses), net </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
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    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">The accompanying condensed notes are an integral part
of these unaudited interim condensed consolidated financial statements.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>


<!-- Field: Page; Sequence: 14 -->
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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  <tr>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 3%">&#160;</td>
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    <td id="xdx_499_20210630_z027PLJvMu4k" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 8%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td id="xdx_49E_20201231_zh08VGoKIlpi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 8%">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>December 31,</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Notes</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2021</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr id="xdx_40C_eifrs-full--NoncurrentAssetsAbstract_iB_zXM2lIk20G84" style="background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr id="xdx_401_eifrs-full--Ships_iI_maNAzGzy_zT1dzFvkSG32" style="background-color: White">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr id="xdx_40E_eifrs-full--TradeAndOtherCurrentReceivables_iI_maCAzoe8_zOYzQEQQRJT1" style="background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CurrentPrepaymentsAndOtherCurrentAssets" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">934</ix:nonFraction></span></td>
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  <tr id="xdx_404_eifrs-full--InsuranceContractsThatAreAssets_iI_d0_maCAzoe8_zqstMQVcEzA4" style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Insurance
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
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    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
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    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">76,794</ix:nonFraction></span></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">170,652</ix:nonFraction></span></td>
    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr id="xdx_403_eifrs-full--NoncurrentLiabilitiesAbstract_iB_zpllGcdbQE6i" style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif"><b><span style="text-decoration: underline">EQUITY AND LIABILITIES</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr id="xdx_40A_eifrs-full--EquityAbstract_iB_z5B6uRZ0foDf" style="background-color: White">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr id="xdx_409_eifrs-full--IssuedCapital_iI_maEzXUe_zQ951pzTs361" style="background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr id="xdx_40F_eifrs-full--Equity_iTI_mtEzXUe_maEALzydQ_z1pcrASbiPWh" style="background-color: White">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"></td>
    <td></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"></td>
    <td></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"></td></tr>
  <tr id="xdx_40F_eifrs-full--LongtermBorrowings_i02I_maNLziui_z3FaHi5qKw32" style="background-color: White">
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"></td>
    <td></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"></td>
    <td></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:DeferredIncomeIncludingContractLiabilities" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">711</ix:nonFraction></span></td>
    <td>&#160;</td>
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  <tr id="xdx_404_eifrs-full--CurrentLiabilities_iTI_mtCLzK3Z_maLzNJX_zJJ9Hu8d6bM" style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total current liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10,796</ix:nonFraction></span></td>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:Liabilities" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">39,998</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:Liabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">44,347</ix:nonFraction></span></td></tr>
  <tr id="xdx_40A_eifrs-full--EquityAndLiabilities_iTI_mtEALzydQ_zrRQEOcdlAo2" style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif"><b>TOTAL EQUITY AND LIABILITIES</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">The accompanying condensed notes are an integral part of these unaudited
interim condensed consolidated financial statements.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"></p>


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    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_003"></span>UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>For the six-months ended June 30, 2021 and 2020</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>(Expressed in thousands of U.S. Dollars, except share, per share and warrants data)</b></p></div>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" id="xdx_30B_114_pn3n3_z0kAa9hFWDO8" summary="xdx: Statement - Unaudited Interim Condensed Consolidated Statements of Changes in Equity" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td style="width: 1%"></td>
    <td id="xdx_4B6_ifrs-full--ComponentsOfEquityAxis_ifrs-full--RetainedEarningsMember_zcrNxOVY6NDf" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 8%">&#160;</td>
    <td style="width: 1%"></td>
    <td id="xdx_4BE_ifrs-full--ComponentsOfEquityAxis_custom--TotalMember_zrbN2H423VQd" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 8%">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: white">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Issued
    share* Capital</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Share
    Premium</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>(Accumulated Deficit)</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 10pt; text-align: center"><span style="font-size: 9pt"><b>Total Equity</b></span></td></tr>
  <tr id="xdx_438_c20210101__20210630_eifrs-full--Equity_iS_zX4VqhZTFcwl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As at January 1, 2021</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iS_pn3n3_d0_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zW93zKo2R3ol" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" id="Fact000216" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">195,102</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">153,020</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">42,094</ix:nonFraction></b></span></td></tr>
  <tr id="xdx_400_eifrs-full--ComprehensiveIncome_d0_zix39PsZi2Fa" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Total comprehensive loss for the period </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">789</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">789</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common shares (Note 6) </span></td>
    <td id="xdx_987_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zF4sqTHkG6qd" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember" id="Fact000223" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">60</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z4YvjO9iUlze" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89,520</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98A_eifrs-full--IssueOfEquity_pn3n3_d0_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zu51hEvLyPFd" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_986_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zHt4mLJwoGL2" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">89,580</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common shares due to exercise of Warrants (Note 6)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zIOvdu3BwObi" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember" id="Fact000231" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zN6fJx4UdNCc" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_d0_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zzYysWcJnVMf" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zblAkHyWwjr7" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of Class B preferred shares (Note 6)</span></td>
    <td id="xdx_988_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zfkzJDRF9Tta" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span style="-sec-ix-hidden: xdx2ixbrl0239">&#8212;</span></span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zIA7DywiWTxd" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_984_ecustom--IssueOfPreferredShares_pn3n3_d0_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zppVMQrwrlu8" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zTJ26iGsxBFi" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--ShareIssueRelatedCost_iN_di0_zP5TbmIu4cx5" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Transaction costs on issue of new common shares</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">401</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">401</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_d0_zwZkpnwFhuV5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Share-based payments (Note 9)</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As at June 30, 2021</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iE_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zJzXakCPiQhd" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-06-30_ifrs-full_IssuedCapitalMember" id="Fact000257" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">80</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--Equity_iE_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zLKxzUP8Zwy4" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">284,383</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98C_eifrs-full--Equity_iE_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zITPPBDBOQni" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-06-30_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">153,809</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Equity_iE_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zTz7nVuXOIMf" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130,654</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<table cellspacing="0" cellpadding="0" id="xdx_30D_114_pn3n3_z7nLUtr4DBo3" summary="xdx: Statement - Unaudited Interim Condensed Consolidated Statements of Changes in Equity" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom; background-color: white">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 65%">&#160;</td>
    <td id="xdx_4BA_ifrs-full--ComponentsOfEquityAxis_ifrs-full--IssuedCapitalMember_zdF1ByqwGHsb" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 8%">&#160;</td>
    <td style="width: 1%"></td>
    <td id="xdx_4BE_ifrs-full--ComponentsOfEquityAxis_ifrs-full--SharePremiumMember_zU1mAvGleTN4" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 8%">&#160;</td>
    <td style="width: 1%"></td>
    <td id="xdx_4B6_ifrs-full--ComponentsOfEquityAxis_ifrs-full--RetainedEarningsMember_zCcf8snAKDn6" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 8%">&#160;</td>
    <td style="width: 1%"></td>
    <td id="xdx_4BE_ifrs-full--ComponentsOfEquityAxis_custom--TotalMember_z9q1d4YIdel4" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 8%">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: white">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b id="xdx_F56_zKBAVyowMUu5">Issued
    share* Capital</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Share
    Premium</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>(Accumulated Deficit)</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 10pt; text-align: center"><span style="font-size: 9pt"><b>Total Equity</b></span></td></tr>
  <tr id="xdx_433_c20200101__20200630_eifrs-full--Equity_iS_d0_zeuaMsA2iyYd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As at January 1, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn3n3_d0_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zom9Rr55DNx6" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember" id="Fact000270" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></ix:nonFraction></b></span></td>
    <td></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zdRgmmPsb9ll" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">145,527</ix:nonFraction></ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_eifrs-full--Equity_iS_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zsYU6SDe7oN4" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">135,648</ix:nonFraction></ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zZMTdYdbUQ9d" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">9,879</ix:nonFraction></ix:nonFraction></b></span></td></tr>
  <tr id="xdx_40C_eifrs-full--ComprehensiveIncome_d0_zc74NRnVR5b7" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Total comprehensive loss for the period </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">13,199</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">13,199</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40C_eifrs-full--IncreaseDecreaseThroughConversionOfConvertibleInstruments_iP3ifrs-full--ComprehensiveIncome_d0_zJE2zezRIt3j" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common shares due to conversion</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">815</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">815</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common shares</span></td>
    <td id="xdx_983_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zmoEHTxDwMla" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" id="Fact000288" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zjPUlLPzs8kf" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">24,203</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98A_eifrs-full--IssueOfEquity_pn3n3_d0_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zJ6AfiRVLvf9" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zWUxQrtidUi7" title="Issuance of new common shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">24,207</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance
    of new common shares due to exercise of Warrants</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_d0_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z1ZBovhffaA4" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z7WDLyxVxm37" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">194</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_d0_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zL6IhonlXVA5" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zh2t7Avt5rV8" title="Issuance of new common shares due to exercise of Warrants (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">194</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of Class B preferred shares</span></td>
    <td id="xdx_98B_ecustom--IssueOfPreferredShares_pn3n3_d0_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z1U6mhCx7Fig" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_986_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zVceaq3IXloc" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_987_ecustom--IssueOfPreferredShares_pn3n3_d0_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zcQah1mILsof" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_986_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zRLTDP3Me3u8" title="Issuance of Class B preferred shares (Note 6)" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">150</ix:nonFraction></span></td></tr>
  <tr id="xdx_407_eifrs-full--ShareIssueRelatedCost_iN_di0_z3IyTKBUZ2se" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Transaction costs on issue of new common shares</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">532</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">532</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_d0_zKL7PpjbSgSe" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Share-based payments (Note 9)</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As at June 30, 2020</b></span></td>
    <td id="xdx_981_eifrs-full--Equity_iE_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKg_____zJSUil8ovoYh" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-06-30_ifrs-full_IssuedCapitalMember" id="Fact000322" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_983_eifrs-full--Equity_iE_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zUhvbo38miU8" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">170,367</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_eifrs-full--Equity_iE_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zMCBVFLNsRg3" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-06-30_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">148,847</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98C_eifrs-full--Equity_iE_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__custom--TotalMember_zOjXR96n4SX9" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-06-30_custom_TotalMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">21,524</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><b></b></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td id="xdx_F00_z3n7sWfl03S1" style="width: 2%">*</td>
  <td style="width: 98%"><span style="font: 10pt Times New Roman, Times, Serif"><b id="xdx_F1B_zaW69A1HXg22"><ix:footnote id="Footnote000329" xml:lang="en-US">All amounts reflect the reverse
  stock split effected on October 21, 2020.</ix:footnote></b></span></td></tr>
</table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><b></b>&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">The accompanying condensed notes are an integral part
of these unaudited interim condensed consolidated financial statements.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>


<!-- Field: Page; Sequence: 16 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_004"></span>UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>For the six-months ended June 30, 2021 and 2020</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b>(Expressed in thousands of U.S. Dollars)</b></p></div>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellspacing="0" cellpadding="0" id="xdx_300_112_pn3n3_zP75IqAz5jRc" summary="xdx: Statement - Unaudited Interim Condensed Consolidated Statements of Cash Flows" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="text-align: center; white-space: nowrap; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td id="xdx_49B_20210101__20210630_zUh512nNcHe6" style="white-space: nowrap; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td id="xdx_493_20200101__20200630_zPwp78bZB7T2" style="white-space: nowrap; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: white">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Six months ended June 30,</b></span></td></tr>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Notes</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2021</b></span></td>
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  <tr id="xdx_405_eifrs-full--CashFlowsFromUsedInOperatingActivitiesAbstract_iB_zZvYtMskdnse" style="background-color: rgb(204,238,255)">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_401_eifrs-full--ProfitLoss_maAFIDIzbKS_z1BN9wRP7Keg" style="background-color: White">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr id="xdx_40C_eifrs-full--AdjustmentsForReconcileProfitLossAbstract_iB_zALav8t8Cdu1" style="background-color: rgb(204,238,255)">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--AdjustmentsForDepreciationExpense_maAFIDIzbKS_ztCYXOCvVgtd" style="background-color: White">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>5,11</b></span></td>
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    <td>&#160;</td>
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  <tr id="xdx_40E_ecustom--AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_maAFIDIzbKS_zaihQi9o5Cb9" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Depreciation of deferred dry-docking costs </span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,115</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">856</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_ecustom--PaymentsOfDeferredDryDockingCosts_iN_di_msAFIDIzbKS_zaqpUXGkL7sb" style="background-color: White">
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    <td>&#160;</td>
    <td style="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr id="xdx_40F_eifrs-full--AdjustmentsForProvisions_maAFIDIzbKS_zutE2IUM1U35" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Provision for staff retirement indemnities</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:AdjustmentsForProvisions" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">10</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForProvisions" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3</ix:nonFraction></span></td></tr>
  <tr id="xdx_40C_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_d0_maAFIDIzbKS_zdFmR8K43Aa2" style="background-color: White">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>5</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2021-01-01to2021-06-30" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction></span></td></tr>
  <tr id="xdx_403_eifrs-full--AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_maAFIDIzbKS_z19gwLns5s28" style="background-color: rgb(204,238,255)">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">65</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,868</ix:nonFraction></span></td></tr>
  <tr id="xdx_407_eifrs-full--AdjustmentsForFinanceCosts_maAFIDIzbKS_z5EHcAb2hMnc" style="background-color: White">
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    <td>&#160;</td>
    <td style="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceCosts" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,242</ix:nonFraction></span></td></tr>
  <tr id="xdx_40D_eifrs-full--AdjustmentsForInterestIncome_iN_di_msAFIDIzbKS_z2IBGQjYe3Za" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Interest income</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:AdjustmentsForInterestIncome" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:AdjustmentsForInterestIncome" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_eifrs-full--AdjustmentsForUnrealisedForeignExchangeLossesGains_maAFIDIzbKS_zb0jDgUKHxlb" style="background-color: White">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">53</ix:nonFraction>)</span></td>
    <td>&#160;</td>
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  <tr id="xdx_401_eifrs-full--AdjustmentsForSharebasedPayments_maAFIDIzbKS_zCppV4GFR0wd" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Share based payment </span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_400_eifrs-full--AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_maAFIDIzbKS_zK7lkxhozshc" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Trade receivables, net</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Inventories</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr id="xdx_403_eifrs-full--AdjustmentsForDecreaseIncreaseInOtherAssets_maAFIDIzbKS_zSHqGXBuhXqb" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Prepayments and other assets</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Trade accounts payable</span></td>
    <td>&#160;</td>
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  <tr id="xdx_404_ecustom--AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_maAFIDIzbKS_zsvbrFpAqEU4" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Accrued liabilities and other payables</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">426</ix:nonFraction></span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,082</ix:nonFraction></b></span></td>
    <td>&#160;</td>
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  <tr id="xdx_404_eifrs-full--CashFlowsFromUsedInInvestingActivitiesAbstract_iB_z1OxxCjVoJqf" style="background-color: White">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_40B_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_iN_di0_msCFFUIzYLY_zJXiOQzc0GT6" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Vessel acquisition</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">27,000</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_40A_ecustom--CashPaymentsForImprovements_iN_di0_msCFFUIzYLY_z391qxSimI4i" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Improvements</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">(<ix:nonFraction name="glbs:CashPaymentsForImprovements" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">83</ix:nonFraction>)</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:CashPaymentsForImprovements" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_400_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_iN_di0_msCFFUIzYLY_zAVDcuCEx6Wa" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Advance for vessel acquisition</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,631</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_eifrs-full--PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_iN_di0_msCFFUIzYLY_zMcfmVqkhxNa" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Purchases of office furniture and equipment </span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_eifrs-full--InterestReceivedClassifiedAsInvestingActivities_maCFFUIzYLY_zkNvZoRgiHOd" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Interest received </span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsInvestingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsInvestingActivities" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></span></td></tr>
  <tr id="xdx_407_eifrs-full--CashFlowsFromUsedInInvestingActivities_iT_mtCFFUIzYLY_manewnewtotal_zVh5UTCwtpl8" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Net cash (used in) / generated from investing activities</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">28,725</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></b></span></td></tr>
  <tr id="xdx_407_eifrs-full--CashFlowsFromUsedInFinancingActivitiesAbstract_iB_zC9XwAP0nxxj" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Cash flows from financing activities:</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_d0_maCFFUIzFX7_z7HC2rxv3U7j" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Proceeds
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_408_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di0_msCFFUIzFX7_zMyCSHHhaEFb" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Repayment of long-term debt </span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,493</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_405_ecustom--DebtInstrumentPrepaymentAmount_iN_di_msCFFUIzFX7_zLHe63YCauJg" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Prepayment of long-term debt</span></td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr id="xdx_405_eifrs-full--CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents_maCFFUIzFX7_zGYh2IGLzarh" style="background-color: rgb(204,238,255)">
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,675</ix:nonFraction>)</span></td>
    <td>&#160;</td>
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  <tr id="xdx_40C_eifrs-full--PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_iN_di0_msCFFUIzFX7_z0dp5mboMyA5" style="background-color: White">
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">80</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_404_eifrs-full--PaymentsForDebtIssueCosts_iN_di0_msCFFUIzFX7_zJK4QJB8VHdg" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Payment of financing costs</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:PaymentsForDebtIssueCosts" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">545</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:PaymentsForDebtIssueCosts" contextRef="From2020-01-012020-06-30" format="ixt:zerodash" decimals="-3" scale="3" sign="-" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr id="xdx_40F_eifrs-full--InterestPaidClassifiedAsFinancingActivities_iN_di_msCFFUIzFX7_zIY2CGqNgZgd" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Interest paid</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsFinancingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,773</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsFinancingActivities" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,728</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--CashFlowsFromUsedInFinancingActivities_iT_mtCFFUIzFX7_manewnewtotal_zkbC6P4LGvB1" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Net cash generated from
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    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">82,376</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,818</ix:nonFraction></b></span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_iT_mtnewnewtotal_zqQmdjRFnath" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Net increase in cash and cash equivalents</b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">55,733</ix:nonFraction></b></span></td>
    <td>&#160;</td>
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  <tr id="xdx_409_eifrs-full--CashAndCashEquivalents_iS_zAWzFPmRGyyf" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Cash and cash equivalents at the beginning of the period</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>3</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,037</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,366</ix:nonFraction></span></td></tr>
  <tr id="xdx_40E_eifrs-full--CashAndCashEquivalents_iE_z8fPpOIioFC9" style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Cash and cash equivalents at the end of the period </b></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>3</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">74,770</ix:nonFraction></b></span></td>
    <td>&#160;</td>
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  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2in">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">The accompanying condensed notes are an integral part of these unaudited
interim condensed consolidated financial statements.</p>

<p style="font: 9pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0"></p>

<!-- Field: Page; Sequence: 17 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GLOBUS MARITIME LIMITED</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><b><span id="a_005"></span>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></p></div>
    <!-- Field: /Page -->

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"><p id="xdx_80A_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zEV1E19WKy4" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">1.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span><span id="xdx_822_ztgyjYrFzVda">Basis
of presentation and general information</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The accompanying unaudited
interim condensed consolidated financial statements include the financial statements of <b><i>Globus Maritime Limited</i></b> (&#8220;Globus&#8221;)
and its wholly owned subsidiaries (collectively the &#8220;Company&#8221;). Globus was formed on July 26, 2006, under the laws of Jersey.
On June 1, 2007, Globus concluded its initial public offering in the United Kingdom and its shares were admitted for trading on the Alternative
Investment Market (&#8220;AIM&#8221;). On November 24, 2010, Globus was redomiciled to the <span id="xdx_903_eifrs-full--DomicileOfEntity_c20210101__20210630_zzHURWIjsUe8"><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" name="ifrs-full:DomicileOfEntity">Marshall Islands</ix:nonNumeric></span> and its shares were admitted
for trading in the United States (NASDAQ Global Market) under the Securities Act of 1933, as amended. On November 26, 2010, Globus shares
were effectively delisted from AIM.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The address of the registered office of Globus
is: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_90D_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20210101__20210630_zzpB5M0dWhFb"><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" name="ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities">The principal business of the Company is
the ownership and operation of a fleet of dry bulk motor vessels (&#8220;m/v&#8221;), providing maritime services for the transportation
of dry cargo products on a worldwide basis.</ix:nonNumeric></span> The Company conducts its operations through its vessel owning subsidiaries.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The operations of the vessels are managed
by Globus Shipmanagement Corp. (the &#8220;Manager&#8221;), a wholly owned Marshall Islands corporation. The Manager has an office in
Greece, located at 128 Vouliagmenis Avenue, 166 74 Glyfada, Greece and provides the commercial, technical, cash management and accounting
services necessary for the operation of the fleet in exchange for a management fee. The management fee is eliminated on consolidation.
The consolidated financial statements include the financial statements of Globus and its subsidiaries listed below, all wholly owned
by Globus as of June 30, 2021:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"><p id="xdx_898_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_zQFSujkgfFj8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_8B6_zsvQrmGCg8K4" style="display: none">Basis
of presentation and general information</span></p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td style="text-align: left">&#160;</td>
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    <td>&#160;</td>
    <td id="xdx_488_ecustom--VesselDeliveryDate_d0_zSRD62vEq36e" style="text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; text-align: center; width: 33%">Company</td>
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    <td style="border-bottom: Black 0.5pt solid; text-align: center; width: 19%">Country of Incorporation</td>
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    <td style="text-align: left">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td>
    <td>&#160;</td>
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  <tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_z1z9AweY6Ea3" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Globus Shipmanagement Corp.</td>
    <td>&#160;</td>
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  <tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_z793SLEHD8ef" style="vertical-align: middle">
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  <tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zThjrTJ2lHek" style="vertical-align: middle">
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  <tr id="xdx_417_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zUJKMM8nsptj" style="vertical-align: middle">
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  <tr id="xdx_411_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_zJlaxDUtoQi7" style="vertical-align: middle">
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  <tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zrDhKDr2pF15" style="vertical-align: middle">
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<tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_z8kLV5TY8BVl" style="vertical-align: top">
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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  <tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zj8p9G1S8R06" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Daxos
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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  <tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_zv6sdNIWLKzj" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Olympia
    Shipholding S.A.</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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    Islands</ix:nonNumeric></span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0500"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td></tr>
  <tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zGlfNT63ROa8" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Paralus
    Shipholding S.A.</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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  <tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zDE9TQOdPtn3" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Salaminia
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
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    Islands</ix:nonNumeric></span></td>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"></p>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 2%"><span id="xdx_F02_z3E29xhcA7Tg" style="font: 8pt Times New Roman, Times, Serif">(1)</span></td>
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  subsidiary, Talisman Maritime Limited.</ix:footnote></span></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"></p>

<p style="margin-top: 0; margin-bottom: 0"></p>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

</ix:nonNumeric><p id="xdx_8A4_z8JQJCkOJZle" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">These unaudited interim
condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and,
in the opinion of the management, reflect all normal recurring adjustments considered necessary for a fair presentation of the Company&#8217;s
comprehensive loss, financial position and cash flows for the periods presented. Operating results for the six-month period ended June
30, 2021, are not necessarily indicative of the results that might be expected for the fiscal year ending December 31, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The unaudited interim condensed
consolidated financial statements as of and for the six months ended June 30, 2021, have been prepared in accordance with <span id="xdx_90A_eifrs-full--DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport_c20210101__20210630_zP1DHtg1yvU5" title="Description of compliance with IFRS financial report"><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" name="ifrs-full:DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport">IAS
34</ix:nonNumeric></span> Interim Financial Reporting.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The unaudited interim condensed consolidated financial statements presented in this report do not include all the information
and disclosures required in the annual financial statements and should be read in conjunction with the consolidated financial statements
as of December 31, 2020 and for the year then ended included in the Company&#8217;s Annual Report on Form 20-F for the year ended December
31, 2020 (the &#8220;2020 Annual Report&#8221;).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 18 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
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    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">1.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span>Basis
of presentation and general information (continued)</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p><p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Unless
otherwise defined herein, capitalized words and expressions used herein shall have the same meanings ascribed to them in the 2020 Annual
Report.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The unaudited interim condensed consolidated
financial statements as of June 30, 2021 and for the six months then ended, were approved for issuance by the Board of Directors on September
22, 2021.&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>Going Concern basis of accounting:</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">As of December 31, 2020, the Company reported
a working capital surplus of $<span id="xdx_90C_eifrs-full--CurrentAssetsLiabilities_iI_pdn6_c20201231_z3wGvBBAHDRj" title="Working capital surplus"><ix:nonFraction name="ifrs-full:CurrentAssetsLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">9.2</ix:nonFraction></span> million and was in compliance with its debt covenants.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Subsequently, on January 29, 2021, February 17,
2021 and June 25, 2021, the Company completed additional follow-on equity offerings that provided the Company with further liquidity
(refer to Note 6).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;As of June 30, 2021, the Company
reported a working capital surplus of $<span id="xdx_903_eifrs-full--CurrentAssetsLiabilities_iI_pdn6_c20210630_zDzp9aorBIpi"><ix:nonFraction name="ifrs-full:CurrentAssetsLiabilities" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">66</ix:nonFraction></span>
million and was in compliance with the applicable covenants included in the loan agreement with CiT Bank N.A. The Company&#8217;s
cash flow projections indicated that cash on hand and cash to be generated from operating activities will be sufficient to cover the
liquidity needs, including the outflows for new vessel acquisitions and the debt obligations that become due in the twelve-month
period ending following the issuance of these unaudited interim condensed consolidated financial statements.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>Impact of COVID-19 on the Company&#8217;s
Business</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b></b>The spread of the COVID-19 virus, which has been declared a pandemic by the World Health Organization in 2020 has caused
substantial disruptions in the global economy and the shipping industry, as well as significant volatility in the financial markets,
the severity and duration of which remains uncertain.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The impact of the COVID-19 pandemic
continues to unfold and may continue to have a negative effect on the Company&#8217;s business, financial performance and the
results of its operations. As a result, many of the Company&#8217;s estimates and assumptions required increased judgment and carry
a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the
Company&#8217;s estimates may change in future periods. Besides reducing demand for cargo, coronavirus may functionally limit the
amount of cargo that the Company and its competitors are able to move because countries worldwide have imposed quarantine checks on
arriving vessels, which have caused delays in loading and delivery of cargoes.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The Company has evaluated the impact of
the current economic situation on the recoverability of the carrying amount of its vessels. During the first quarter of 2020, the
Company concluded that events and circumstances triggered the existence of potential impairment of its vessels. These indicators
included volatility in the charter market as well as the potential impact the then current marketplace could have on the future
operations. As a result, the Company performed an impairment assessment of the Company&#8217;s vessels by comparing the discounted
projected net operating cash flows for each vessel to its carrying values. For the first half of 2020, the Company concluded that
the recoverable amounts of the vessels were lower than their respective carrying amounts and an impairment loss of approximately
$4.6 million was recorded (Note 5). As of June 30, 2021, no indicators of impairment or reversal of previously recognized impairment
have been identified and the Company concluded that no further impairment of its vessels should be recorded or previously recognized
impairment should be reversed.</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 19 -->
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<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"><p id="xdx_800_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zwBlDFSuiiO2" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_825_zBNvcf71sq8j">Significant
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">A summary of the Company&#8217;s significant accounting
policies and recent accounting pronouncements is included in Note 2 to the Company&#8217;s consolidated financial statements included
in the 2020 Annual Report. The accounting policies adopted are consistent with those of the previous financial year except for the following
accounting policies and amended IFRSs which have been adopted by the Company as of  January 1, 2021:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"></span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>Interest Rate Benchmark Reform &#8211; Phase 2 &#8211; IFRS 9, IAS 39,
IFRS 7, IFRS 4 and IFRS 16 (Amendments)</b></span></td></tr><tr style="vertical-align: top">
<td>&#160;</td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">In August 2020, the IASB published Interest Rate Benchmark Reform &#8211; Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, completing its work in response to IBOR reform. The amendments provide temporary reliefs which address the financial reporting effects when an interbank offered rate (IBOR) is replaced with an alternative nearly risk-free interest rate (RFR). In particular, the amendments provide for a practical expedient when accounting for changes in the basis for determining the contractual cash flows of financial assets and liabilities, to require the effective interest rate to be adjusted, equivalent to a movement in a market rate of interest. Also, the amendments introduce reliefs from discontinuing hedge relationships including a temporary relief from having to meet the separately identifiable requirement when an RFR instrument is designated as a hedge of a risk component. There are also amendments to IFRS 7 Financial Instruments: Disclosures to enable users of financial statements to understand the effect of interest rate benchmark reform on an entity&#8217;s financial instruments and risk management strategy. While application is retrospective, an entity is not required to restate prior periods. Management has assessed that these amendments had no impact on the Company&#8217;s financial position or performance.</td></tr>
                                                            </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"></p>

</ix:nonNumeric><p id="xdx_855_z8y2iZ5jlBA3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

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for vessels acquisition</b></span><b>: </b>Advances to sellers of second-hand vessels to be acquired are classified as
&#8220;Advances for vessels acquisition&#8221; until the date of delivery and acceptance of the vessel, at which date they are
reclassified to &#8220;Vessels, net&#8221;.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: justify"></p>

</ix:nonNumeric><p id="xdx_858_zEyq6tgYuhGb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory"><p id="xdx_846_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_zMYpNl3e1E02" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_86A_zoSCQXpnIY4d"><b>Interest
Rate Swap</b></span><b>: </b>The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest
rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that
are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant
observable inputs and minimising the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted
cash flow (see also note 12). The Company has not designated these interest rate swaps for hedge accounting.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The fair value of the Interest Rate Swaps
is classified under &#8220;Fair value of derivative financial instruments&#8221; either under assets or liabilities in the statement of
financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months,
is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The change in fair value deriving from
the valuation of the Interest Rate Swap at the end of each reporting period is classified under &#8220;Loss on derivative financial instruments&#8221;
in the statement of comprehensive loss. Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under
&#8220;Loss on derivative financial instruments&#8221; in the statement of comprehensive loss.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

</ix:nonNumeric><p id="xdx_853_zhPZrSTI1Cq4" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"></span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations"><p id="xdx_845_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_zcD4F4cX6hNb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_863_zxhrpY8AizLb"><b>Standards
issued but not yet effective and not early adopted</b></span><b>:</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>IAS 1 Presentation of Financial Statements and IFRS Practice Statement
2: Disclosure of Accounting policies (Amendments):</b></span></td></tr><tr style="vertical-align: top">
<td>&#160;</td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif">The Amendments are effective
               for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance
               on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1
               replace the requirement to disclose &#8220;significant&#8221; accounting policies with a requirement to disclose &#8220;material&#8221;
               accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application
               of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing
               these amendments for possible impact on the Company&#8217;s disclosures.</span></td></tr>
                                                                       </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>IAS 8 Accounting policies, Changes in Accounting Estimates and Errors:
Definition of Accounting Estimates (Amendments):</b></span></td></tr><tr style="vertical-align: top">
<td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif">The
                                            amendments become effective for annual reporting periods beginning on or after January 1,
                                            2023 with earlier application permitted and apply to changes in accounting policies and changes
                                            in accounting estimates that occur on or after the start of that period. The amendments introduce
                                            a new definition of accounting estimates, defined as monetary amounts in financial statements
                                            that are subject to measurement uncertainty. Also, the amendments clarify what changes in
                                            accounting estimates are and how these differ from changes in accounting policies and corrections
                                            of errors. Management is in process of assessing these amendments for possible impact on
                                            the Company&#8217;s financial position or performance.</span></td></tr></table>


</ix:nonNumeric><p id="xdx_857_z3gZRY3M2ve9" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 20 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory"><p id="xdx_803_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zpj5PsCyxQP6" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_825_zvPWemF3nzkl">Cash
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">For the purpose of the interim condensed consolidated
statement of financial position, cash and cash equivalents comprise the following:</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfCashAndBankBalancesExplanatory"><p id="xdx_897_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zYSfp8XBzns4" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_8B4_zbS3ms3yaF0a" style="display: none">Cash
and cash equivalents and Restricted cash</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_491_20210630_z7zPGXIXCTBi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_49C_20201231_zcAshZzw9ifi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>June 30, 2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>December 31, 2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--CashOnHand_iI_pn3n3_maCACEzfHh_zN7DB1kdWRfe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Cash on hand</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CashOnHand" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">36</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:CashOnHand" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13</ix:nonFraction></span></td></tr>
  <tr id="xdx_404_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzfHh_zs6XSWquxNG7" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Cash at banks</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:BalancesWithBanks" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">74,734</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:BalancesWithBanks" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,024</ix:nonFraction></span></td></tr>
  <tr id="xdx_40B_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzfHh_zNr0AooZQXT1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
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    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,037</ix:nonFraction></b></span></td></tr>
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</ix:nonNumeric><p id="xdx_8A1_zqJa972n3j8e" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Cash held in banks earns
interest at floating rates based on daily bank deposit rates. Bank deposits are made for varying periods of between one day and three
months, depending on the immediate cash requirements of the Company and earn interest at the respective bank deposit rates.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">As at June 30, 2021, in order to fulfil the
collateral requirements contained in the loan agreement (Note 8), the Company has pledged an aggregate amount of $<span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_z27lSFsCKdn2"><ix:nonFraction name="ifrs-full:RestrictedCashAndCashEquivalents" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,741</ix:nonFraction>
</span>($<span id="xdx_908_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zRoUW8krBGib"><ix:nonFraction name="ifrs-full:RestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,066</ix:nonFraction></span> as at December
31, 2020). This amount is presented in the accompanying condensed consolidated statement of financial position at June 30, 2021, under
restricted cash current $<span id="xdx_90D_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_z6VGuXVyeYza"><ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">275</ix:nonFraction></span>
($<span id="xdx_90E_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zk1WifPDSgPa"><ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">816</ix:nonFraction></span> as at December 31,
2020) and restricted cash non-current $<span id="xdx_90E_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_zF37b6T5IlFj"><ix:nonFraction name="ifrs-full:NoncurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,466</ix:nonFraction>
</span>($<span id="xdx_909_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zGAKXeRcuytl"><ix:nonFraction name="ifrs-full:NoncurrentRestrictedCashAndCashEquivalents" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,250</ix:nonFraction></span> as at
December 31, 2020).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"><p id="xdx_80D_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_zaFr1n65lPC3" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">4.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_826_zbeiZrIidiAh">Transactions with Related
Parties</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Details of the Company&#8217;s transactions
with related parties did not change in the six-month period ended June 30, 2021 and are discussed in Note 4 to the Company&#8217;s consolidated
financial statements as of and for the year ended December 31, 2020, included in the 2020 Annual Report except for the transactions described
below.</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On March 2, 2021, the Company entered into
a stock purchase agreement and issued <span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zDZgtqP3Q584"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000</ix:nonFraction>
</span>Series B Preferred Shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zXJ8rrgibkI5"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction>
</span>per share, to Goldenmare Limited, a company controlled by the Company&#8217;s Chief Executive Officer, Athanasios Feidakis, in
return for $<span id="xdx_907_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zI8qw6VaDjAd" title="Issuance of Class B preferred shares"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span>,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable as executive compensation by the Company to Goldenmare
Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare
Limited was approved by an independent
committee of the Company&#8217;s Board of Directors.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_901_ecustom--VotingRights_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTn3ao8Iavii"><ix:nonNumeric contextRef="From2021-01-012021-06-30_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" name="glbs:VotingRights">As of June 30, 2021, Goldenmare Limited
owns <span id="xdx_906_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z2MjjtuPP798"><ix:nonFraction name="ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,300</ix:nonFraction></span> of the Company&#8217;s Series B preferred shares. Each Series B preferred share has 25,000 votes, provided that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the
total number of votes eligible to be cast on any matter submitted to a vote of shareholders.</ix:nonNumeric></span> Except as otherwise provided by applicable
law, holders of the Company&#8217;s Series B preferred shares and the Company&#8217;s common shares vote together as a single class on
all matters submitted to a vote of shareholders, including the election of directors. Athanasios Feidakis has substantial control and
influence over the Company&#8217;s management and affairs and over matters requiring shareholder approval, including the election of
directors and significant corporate transactions, through his ability to direct the vote of such Series B preferred shares.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory"><p id="xdx_805_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zFPa5szwM4l4" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">5.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_820_zgWseZdw4Nma">Vessels,
net</span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The amounts in the interim condensed consolidated
statement of financial position are analysed as follows:&#160;</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory"><p id="xdx_899_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_zMoWaqwabnW7" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;<span id="xdx_8BA_zKfbD7Foemyh" style="display: none">Vessels, net - Consolidated statement of financial position</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="white-space: nowrap; width: 70%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="white-space: nowrap; width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Vessels cost</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Vessels depreciation</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Dry docking costs</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Depreciation of dry-docking costs</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Net Book Value</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Balance at January 1, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDSW3hCbAvDb" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2020-12-31_ifrs-full_ShipsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">162,992</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z99NSe4WoV65" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_ShipsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">104,111</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_987_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zLEZidaWVJ87" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">11,883</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zDO5RDTBng75" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">8,414</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zfMu8cEDncRk" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2020-12-31_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">62,350</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Additions</span></td>
    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z6ScaJbPgGvi" title="Additions" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-06-30_ifrs-full_ShipsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">26,431</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znFE5r7vAthf" title="Additions" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-06-30_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,904</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zThAeQmJuVX9" title="Additions" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-06-30_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">28,335</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Depreciation &amp; Amortization</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z5HY8jq5OP35" title="Depreciation &amp; Amortization" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2021-01-012021-06-30_ifrs-full_ShipsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,418</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zGJRSAmGw0la" title="Depreciation &amp; Amortization" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2021-01-012021-06-30_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,115</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z8uTngv9Rexj" title="Depreciation &amp; Amortization" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:DepreciationAndAmortisationExpense" contextRef="From2021-01-012021-06-30_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,533</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Balance at June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHFxi4oVett4" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-06-30_ifrs-full_ShipsMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">189,423</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zJwNyR6gjGh" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2021-06-30_ifrs-full_ShipsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">105,529</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_988_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ2MCvHkTznk" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-06-30_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">13,787</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zutZcE1NfO0j" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:AccumulatedDepreciationPropertyPlantAndEquipment" contextRef="AsOf2021-06-30_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">9,529</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zxHaAg2F40Jj" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Ships" contextRef="AsOf2021-06-30_custom_CarryingAmountIMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">88,152</ix:nonFraction></b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
</ix:nonNumeric><p id="xdx_8A4_zPmNKfXGzE2a" style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On February 18, 2021, the Company entered
into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Nord Venus&#8221;, a <span id="xdx_909_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zA52Twq1cOPg"><ix:nonNumeric contextRef="From2021-01-012021-02-18_custom_NordVenusMember" name="glbs:VesselYearBuilt">2011</ix:nonNumeric></span>-built <span id="xdx_905_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zG6vLCPwJbA9"><ix:nonNumeric contextRef="From2021-01-012021-02-18_custom_NordVenusMember" name="glbs:VesselType">Kamsarmax</ix:nonNumeric> </span>dry
bulk carrier, for a purchase price of $<span id="xdx_903_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember__ifrs-full--RangeAxis__custom--DeliveryDateMayMember_zdi9hVir3uTl" title="Purchase price"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-02-18_custom_NordVenusMember_custom_DeliveryDateMayMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">16.5</ix:nonFraction> </span>million,
if delivered up to May 31, 2021 or $<span id="xdx_909_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember__ifrs-full--RangeAxis__custom--DeliveryDateAugustMember_z4UJ7XKiC7Pe" title="Purchase price"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-02-18_custom_NordVenusMember_custom_DeliveryDateAugustMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">16.2</ix:nonFraction> </span>million
if delivered between June 1, 2021 and August 15, 2021. The m/v &#8220;Nord Venus&#8221; was built at the Universal Shipbuilding
Corporation in Japan and has a carrying capacity of <span id="xdx_909_ecustom--VesselCapacity_uPure_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zF7t9rcxA9I1"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2021-01-012021-02-18_custom_NordVenusMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">80,655</ix:nonFraction> </span>dwt.
The agreement was subject to customary closing conditions. As at June 30, 2021 the Company proceeded to the payment of an amount of
$<span id="xdx_904_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zfVc1zbaWhu"><ix:nonFraction name="ifrs-full:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-06-30_custom_NordVenusMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,620</ix:nonFraction> </span>representing <span id="xdx_904_ecustom--PercentatgeOfPurchasePrice_pid_dp_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_z3MTqOZBntgk" title="Percentatge of purchase price"><ix:nonFraction name="glbs:PercentatgeOfPurchasePrice" contextRef="From2021-01-012021-06-30_custom_NordVenusMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>%
of the acquisition price, as per the terms of the relevant agreement. The amount is included in Advances for vessels acquisition in
the accompanying condensed consolidated statements of financial position. On <span id="xdx_90F_ecustom--VesselDeliveryDate_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_z9uKEcRpoQn5"><ix:nonNumeric contextRef="From2021-01-012021-06-30_custom_NordVenusMember" name="glbs:VesselDeliveryDate">July
20, 2021</ix:nonNumeric></span>, the Company took delivery of the m/v &#8220;Nord Venus&#8221; that was renamed to &#8220;Power Globe&#8221; (see
also Note 13).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 21 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vessels,
net (continued)</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On March 19, 2021, the Company entered into
a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Yangze 11&#8221;, a <span id="xdx_901_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJEP3WVExGo8"><ix:nonNumeric contextRef="From2021-01-012021-03-19_custom_Yangze11Member" name="glbs:VesselYearBuilt">2018</ix:nonNumeric></span>-built
<span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zqYdfvdqyeO5"><ix:nonNumeric contextRef="From2021-01-012021-03-19_custom_Yangze11Member" name="glbs:VesselType">Kamsarmax</ix:nonNumeric>
</span>dry bulk carrier, for a purchase price of $<span id="xdx_90E_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zU16Q8UOj4a1"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-03-19_custom_Yangze11Member" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">27</ix:nonFraction>
</span>million, the vessel cost amounted to $<span id="xdx_90B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zG9xPxizZCqh" title="Vessel cost"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-03-19_custom_Yangze11Member" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">26.4</ix:nonFraction></span> million, and the imputed dry-docking cost amounted to $<span id="xdx_909_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJJEIGqKwvg5" title="Dry-docking cost"><ix:nonFraction name="glbs:DryDockingCostCapitalised" contextRef="From2021-01-012021-03-19_custom_Yangze11Member" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">0.6</ix:nonFraction>
</span>million. The m/v &#8220;Yangze 11&#8221; was built at Jiangsu New Yangzi Shipbuilding Co., Ltd and has a carrying capacity of
<span id="xdx_90F_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_z6fXB9nyuEw3"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2021-01-012021-03-19_custom_Yangze11Member" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">82,027</ix:nonFraction>
</span>dwt. On <span id="xdx_903_ecustom--VesselDeliveryDate_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zV4DaJagNJPj"><ix:nonNumeric contextRef="From2021-01-012021-06-30_custom_Yangze11Member" name="glbs:VesselDeliveryDate">June
9, 2021</ix:nonNumeric></span>, the Company took delivery of the m/v &#8220;Yangze 11&#8221; that was renamed to &#8220;Diamond Globe&#8221;.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_90C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_do_c20210101__20210630_zeXp6oGK0es"><ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2021-01-01to2021-06-30" format="ixt-sec:numwordsen" decimals="-3" scale="3" unitRef="USD">No</ix:nonFraction></span> impairment was recognized
for the first half of 2021($<span id="xdx_905_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20200630_zFhy966VNi57" title="Impairment loss"><ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,615</ix:nonFraction></span> for the first half of 2020).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"><p id="xdx_80A_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_z2eT1mb8PZp5" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82D_zV4INqwshGXh">Share
Capital and Share Premium</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The authorised share capital
of Globus consisted of the following:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory"><p id="xdx_892_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zOF50HzMGl7b" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span id="xdx_8BE_zV9pnupKXXnd" style="display: none">Share
Capital and Share Premium - Authorised share capital</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>December 31,</b></span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2021</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Authorised share capital:</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zp0dpcrQCJk8" title="Number of shares authorised"><span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zLHRJX1k1rKl"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">500,000,000</ix:nonFraction></ix:nonFraction></span></span> Common Shares of par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0pX1h5KIjq2" title="Par value per share"><span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zczhWdRrRvVh"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction></ix:nonFraction></span></span> each</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90D_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zzLNM8NFBL92" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,000</ix:nonFraction></span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zyJ44p4iAy8g" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,000</ix:nonFraction></span></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zq4LnhYczGk" title="Number of shares authorised"><span id="xdx_90D_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zymItkR6YIpk"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">100,000,000</ix:nonFraction></ix:nonFraction></span></span> Class B common shares of par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zs8DtVVcwAR6" title="Par value per share"><span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zBc3wc2x5y6l"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction></ix:nonFraction></span></span> each</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zqrvCtDK1Kf8" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziMF3LfjmbUe" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><span id="xdx_90F_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zqQCWYgnwWN3" title="Number of shares authorised"><span id="xdx_908_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zVFoh1nFdkJ4"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares"><ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">100,000,000</ix:nonFraction></ix:nonFraction></span></span> Preferred shares of par value $<span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zDyTHjaNBRDc" title="Par value per share"><span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zIWHVKFsuSCf"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction></ix:nonFraction></span></span> each </span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_z8nQLBwkMZqf" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zjOri6JmzYda" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">100</ix:nonFraction></span></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total authorised share capital</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630_zwTkjI6pG3Y" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,200</ix:nonFraction></span></b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zwMHu0o71Cg3" title="Value of shares authorised"><ix:nonFraction name="glbs:ValueOfSharesAuthorised" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,200</ix:nonFraction></span></b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
</ix:nonNumeric><p id="xdx_8A4_zN6BvnWBu8qc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_909_ecustom--VotingRights_c20210101__20210630_zSk46bQTaRo4"><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" name="glbs:VotingRights">Holders of the Company&#8217;s
common shares and Class B shares have equivalent economic rights, but holders of Company&#8217;s common shares are entitled to one vote
per share and holders of the Company&#8217;s Class B shares are entitled to twenty votes per share. Each holder of Class B shares may
convert, at its option, any or all of the Class B shares held by such holder into an equal number of common shares.</ix:nonNumeric></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span>&#160;</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfCommonSharesExplanatory"><p id="xdx_89E_ecustom--DisclosureOfCommonSharesExplanatory_zJM6hIxGJp44" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span id="xdx_8BC_zZZwB3JUS8Wf" style="display: none">Share
Capital and Share Premium - Common shares issued and fully paid</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: middle; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt; text-align: left"><span style="font-size: 9pt"><b>Common Shares issued and fully paid</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Issued Share Capital </b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of January 1, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znO6L3EDZ2J" title="Balance" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">3,040,123</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zN1ucmRfpMW6" title="Balance" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember27814437" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">12</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issued during the period for share based compensation (Note 9)</span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zAiWn0EQ5pO7" title="Issued during the period for share based compensation (Note 9)" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,012</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common stocks</span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvG9Jn9hbNp7" title="Issuance of new common stocks" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" contextRef="From2021-01-012021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">14,905,000</ix:nonFraction></span></td>
    <td></td>
    <td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zxAAkv89gam4" title="Issuance of new common stocks" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember27814453" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">60</ix:nonFraction></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common stock due to exercise of pre-funded warrants</span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zXANz0ZvjkBe" title="Issuance of common stock due to exercise of pre-funded warrants" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" contextRef="From2021-01-012021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,075,000</ix:nonFraction></span></td>
    <td></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3UNzenwfQb3" title="Issuance of common stock due to exercise of pre-funded warrants" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember27814453" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_983_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zGMdAr7OIkPd" title="Balance" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">20,024,135</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zQZYrzQx1tU5" title="Balance" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2021-06-30_ifrs-full_IssuedCapitalMember27814468" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">80</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="text-align: left; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt"><span style="font-size: 9pt"><b>Common Shares issued and fully paid</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Issued Share Capital </b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of January 1, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zpQh1VpKhcZc" title="Balance" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" contextRef="AsOf2019-12-31_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">52,235</ix:nonFraction></b></span></td>
    <td></td>
    <td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeDi1gRcG0Xg" title="Balance" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember27814484" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issued during the period for share based compensation (Note 9)</span></td>
    <td>&#160;</td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zZe1NFpBlQk5" title="Issued during the period for share based compensation (Note 9)" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">217</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common stocks due conversion of loan (Note 8)</span></td>
    <td>&#160;</td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_iP3custom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zI4TMESJrJh3" title="Issuance of common stocks due conversion of loan (Note 8)" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" contextRef="From2020-01-012020-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">11,678</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common stocks</span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuQJpSIVNSb5" title="Issuance of new common stocks" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" contextRef="From2020-01-012020-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">852,750</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zKszpaOoOlc4" title="Issuance of new common stocks" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember27814531" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common stock due to exercise of pre-funded warrants</span></td>
    <td>&#160;</td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zexFaAV1jNJ4" title="Issuance of common stock due to exercise of pre-funded warrants" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" contextRef="From2020-01-012020-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">5,550</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_ztGzwdnPPcK8" title="Issuance of common stock due to exercise of pre-funded warrants" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity" contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember27814531" format="ixt:zerodash" decimals="-3" scale="3" unitRef="USD">&#8212;</ix:nonFraction></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of June 30, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zikod2mGf5wl" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:NumberOfSharesIssuedAndFullyPaid" contextRef="AsOf2020-06-30_ifrs-full_OrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">922,430</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zaV4IqN60NT9" title="Balance" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2020-06-30_ifrs-full_IssuedCapitalMember27814546" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4</ix:nonFraction></b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
</ix:nonNumeric><p id="xdx_8AD_zDYR8VIqLKhb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On March 2, 2021, the Company entered into
a stock purchase agreement and issued <span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zRu58O26L3t2"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000</ix:nonFraction></span> Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zFdmH40cJsWf"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.001</ix:nonFraction></span> per share, to Goldenmare Limited, a company controlled
by the Company&#8217;s Chief Executive Officer, Athanasios Feidakis, in return for $<span id="xdx_900_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zLUAcogWAVEe" title="Issuance of preferred shares"><ix:nonFraction name="glbs:IssueOfPreferredShares" contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">130</ix:nonFraction></span>, which amount was settled by reducing, on a dollar-for-dollar
basis, the amount payable as executive compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The issuance of the Series B preferred shares
to Goldenmare Limited were approved by an independent committee of the Company&#8217;s Board of Directors.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">As of June 30, 2021, the
Company had <span id="xdx_902_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziT8Ck8o6Hc8"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember" format="ixt-sec:numwordsen" decimals="INF" scale="0" unitRef="Shares">no</ix:nonFraction></span> Class B common shares and <span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zbWspIf85q62" title="Number of shares outstanding"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,300</ix:nonFraction></span> Series B Preferred Shares outstanding.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<ix:exclude><!-- Field: Page; Sequence: 22 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital and Share Premium (continued)</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Share premium includes the contribution of
Globus&#8217; shareholders for the acquisition of the Company&#8217;s vessels. Additionally, share premium includes the effects of the
acquisition of non-controlling interest, the effects of the Globus initial and follow-on public offerings and the effects of the share-based
payments described in Note 9. At June 30, 2021 and December 31, 2020, Globus share premium amounted to $<span id="xdx_903_eifrs-full--SharePremium_iI_pn3n3_c20210630_zyFcfr3urnhl"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">284,383</ix:nonFraction></span> and $<span id="xdx_903_eifrs-full--SharePremium_iI_pn3n3_c20201231_zGTx7jPMsEW2"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">195,102</ix:nonFraction></span>, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On January 13, 2021, the remaining pre-funded
warrants from the December 2020 Pre-Funded Warrants were exercised and <span id="xdx_901_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20210101__20210113__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zyGsQxWIQAY2" title="Common stock due to exercise of warrants"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-01-13_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">130,000</ix:nonFraction></span> common shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_c20210113__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z6iXwncVMwp4" title="Par value per share | $ / shares"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-13_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction></span> per share were issued.</p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On January 27, 2021, the Company entered into
a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zo9E9XFPkGV7"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">2,155,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0UAV3nzUKf6"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share, (b) pre-funded warrants to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zGto23OpTFH7"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">445,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_904_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zUgnV8SaHOC2"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share and (c) warrants (the &#8220;January 2021 Warrants&#8221;) to purchase <span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_z62icCh62lZg"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,950,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_908_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_zyPKvy6i4QL1"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share, at an exercise price of $<span id="xdx_900_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_zVKlsr37KNIe"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">6.25</ix:nonFraction>
</span>per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_907_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgi2JfOEFyS3"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">15,108</ix:nonFraction></span>,
before issuance expenses of $<span id="xdx_90B_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z3tBR0tdGEod"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">120</ix:nonFraction></span>.
All <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zaKXDqzEB7Ya"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">445,000</ix:nonFraction>
</span>pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_90E_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z4UwuuPV0LMl"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5</ix:nonFraction></span>.
No January 2021 Warrants have been exercised as of September 27, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The January 2021 Warrants are exercisable for
a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder,
in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for
the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying
the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through
a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to
the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated
damages provisions.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On February 12, 2021, the Company entered
into a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zipEoe89qLr6"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">3,850,000</ix:nonFraction>
</span>common shares par value $<span id="xdx_90B_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zWWicEJrMb9h"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share, (b) pre-funded warrants to purchase <span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zuH7fjsrajbg"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">950,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_903_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z2ZV5Kgi3aS6"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>par value, and (c) warrants (the &#8220;February 2021 Warrants&#8221;) to purchase <span id="xdx_900_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zua5vhLz9Xoe"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,800,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zLRBqocyc02j"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share, at an exercise price of $<span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zAz6OmvkI4Pf"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">6.25</ix:nonFraction>
</span>per share. Total proceeds, net of commission retained by the placement agent, amounted, to $<span id="xdx_901_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzQFflXw11pd"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">27,891</ix:nonFraction></span>,
before issuance expenses of $<span id="xdx_907_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zTyGAAojOAD5"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">152</ix:nonFraction></span>.
All <span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zUFuRdHWqxte"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">950,000</ix:nonFraction></span> pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zBIe3oQUmSVd"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction></span>.
No February 2021 Warrants have been exercised as of September 27, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The February 2021 Warrants are exercisable
for a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder,
in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for
the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying
the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through
a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to
the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated
damages provisions.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On June 25, 2021, the Company entered into
a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNwnU0lFAcMl"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="From2021-02-132021-06-25_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">8,900,000</ix:nonFraction>
</span>common shares par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzB1gWmQpGdl"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share, (b) pre-funded warrants to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zfJEb37Qk9A4"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,100,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zJPmhBl4fsxc"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>par value, and (c) warrants (the &#8220;June 2021 Warrants&#8221;) to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_zAB0jRvnO8p5"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">10,000,000</ix:nonFraction>
</span>common shares, par value $<span id="xdx_90E_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_zkVU3IuNcSRk"><ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.004</ix:nonFraction>
</span>per share, at an exercise price of $<span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_z87fwwmfCCG3"><ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">5.00</ix:nonFraction>
</span>per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_909_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zSSqxcxWM8xb"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-02-132021-06-25_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">46,581</ix:nonFraction></span>,
before issuance expenses of approximately $<span id="xdx_907_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zdNbGQTmXyW1"><ix:nonFraction name="ifrs-full:ShareIssueRelatedCost" contextRef="From2021-02-132021-06-25_custom_InstitutionalInvestorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">129</ix:nonFraction></span>.
As of June 30, 2021 <span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zZXDOqO1lRL6"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-30_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">550,000</ix:nonFraction>
</span>pre-funded warrants were exercised and the total proceeds amounted to $<span id="xdx_905_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210213__20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zb6k3IC8r3G8"><ix:nonFraction name="ifrs-full:ProceedsFromIssuingShares" contextRef="From2021-02-132021-06-30_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5</ix:nonFraction></span>.
The remaining <span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--SubsequentPreFundedWarrantsMember_z1mzi2yh4VQ4"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-30_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember_custom_SubsequentPreFundedWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">550,000</ix:nonFraction>
</span>pre-funded warrants were exercised subsequently. No June 2021 Warrants have been exercised as of September 27, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">The June 2021 Warrants
are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option
of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available
funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common
shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the
warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined
according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains
certain liquidated damages provisions.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">As of June 30,
2021, the Company had issued <span id="xdx_903_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_zF7DPz7H3eX5" title="Issuance of common stock due to exercise of warrants"><ix:nonFraction name="glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" contextRef="From2021-01-012021-06-30_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">5,550</ix:nonFraction></span>
common shares pursuant to exercise of outstanding Class A Warrants as defined in the 2020 Annual Report and had <span id="xdx_909_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_z3JnV6XdUM0d" title="Number of outstanding warrants"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2021-06-30_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">388,700</ix:nonFraction></span>
Class A Warrants outstanding to purchase an aggregate of <span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_zH6h6aLPkBzc" title="Number of shares called by warrants"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-30_custom_ClassAWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">388,700</ix:nonFraction></span>
common shares.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 96.4pt; text-align: justify; text-indent: -25.55pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<ix:exclude><!-- Field: Page; Sequence: 23 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital and Share Premium (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">As of June 30,
2021, no PP Warrants as defined in the 2020 Annual Report had been exercised and the Company had <span id="xdx_90E_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PPWarrantsMember_zLfH36p0osi1"><ix:nonFraction name="glbs:NumberOfWarrantsOutstanding" contextRef="AsOf2021-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,291,833</ix:nonFraction></span>
PP Warrants outstanding to purchase an aggregate of <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PPWarrantsMember_zjZk9jW5tDad"><ix:nonFraction name="glbs:NumberOfSharesCalledByWarrants" contextRef="AsOf2021-06-30_custom_PPWarrantsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">1,291,833</ix:nonFraction></span>
common.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The Company&#8217;s
warrants are classified in equity, following the Company&#8217;s assessment that warrants meet the equity classification criteria as
per IAS 32.</p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfEarningsPerShareExplanatory"><p id="xdx_805_eifrs-full--DisclosureOfEarningsPerShareExplanatory_zXV76Xxc8uu9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>7.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_82F_zgiruwlZhzhd">Loss per Share</span></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Basic earnings/(loss) per share (&#8220;EPS&#8221;/&#8216;&#8216;LPS&#8217;&#8217;)
is calculated by dividing the net profit/(loss) for the period attributable to Globus shareholders by the weighted average number of shares
issued, paid and outstanding.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Diluted earnings/(loss) per share is calculated
by dividing the net profit/(loss) attributable to common equity holders of the parent by the weighted average shares outstanding during
the period plus the weighted average number of common shares that would be issued on the conversion of dilutive potential common shares
into common shares. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed
purchased) are included in the denominator of the diluted earnings/(loss) per share computation unless such inclusion would be anti-dilutive.
As the Company reported losses for the periods ended June 30, 2021 and 2020, the effect of any incremental shares would be anti-diluted
and thus excluded from the computation of the LPS</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The following reflects the loss and share data
used in the basic and diluted loss per share computations:</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfEarningsPerShareTableExplanatory"><p id="xdx_89F_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zbcwsiv620v6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;<span id="xdx_8BF_zmFL6owEGTv5" style="display: none">Loss per Share</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_49E_20210101__20210630_zvwI36wRE7De" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_498_20200101__20200630_z3u2jP7WRdF8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>For
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  <tr>
    <td style="white-space: nowrap; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zG4AVYV1AoJ2" style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Loss attributable to common equity holders</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">789</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">13,199</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--WeightedAverageShares_pip0_z4MkMJovQOea" style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Weighted average number of shares for basic and diluted LPS</span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
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  </table>

<p style="margin-top: 0; margin-bottom: 0"></p>
</ix:nonNumeric><p id="xdx_8AC_zxxfO2RF9QKb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>




<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfBorrowingsExplanatory"><p id="xdx_80F_eifrs-full--DisclosureOfBorrowingsExplanatory_zPnlbtgeYzM5" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">8.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_828_zY0fAtw00jP7">Long-Term
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">Long-term debt in the consolidated
statement of financial position is analysed as follows:</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition"><p id="xdx_899_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_z0n22MPobT49" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span id="xdx_8B9_zs4QCNMp9qDg" style="display: none">Long-Term
Debt, net - Consolidated statement of financial position</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: White">
    <td style="vertical-align: top; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>&#160;</b></span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Borrower</b></p></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Loan Balance</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Unamortized Debt Discount</b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Total Borrowings</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: -5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>(a)</b></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp; Serena Maritime Limited</span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zY6kbeWksyuh" title="Loan Balance" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td id="xdx_984_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zX8TfpCsRoJg" title="Unamortized Debt Discount" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(<ix:nonFraction name="glbs:DebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-06-30_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">523</ix:nonFraction>)</span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--Borrowings_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zK1hZTWzF2Tj" title="Total Borrowings" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2021-06-30_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">33,727</ix:nonFraction></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total at June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630_zRl5m0CEnEH1" title="Loan Balance" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z7VZ6ibY8e9i" title="Unamortized Debt Discount" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:DebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">523</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_986_eifrs-full--Borrowings_iI_pn3n3_c20210630_zoZWO1l0eKAl" title="Total Borrowings" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">33,727</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Less: Current Portion</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20210630_zMaQJkLs55Jd" title="Loan Balance - Current Portion" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:CurrentPortionOfLongTermBorrowingsGross" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">5,000</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98F_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z3kn3KEOTblg" title="Unamortized Debt Discount- Current Portion" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">145</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20210630_zzZvsxEiPwP8" title="Total Borrowings - Current Portion" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,855</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Long-Term Portion</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20210630_zcyUgpx4JFkh" title="Loan Balance - Long-Term Portion" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:LongTermBorrowingsGross" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29,250</ix:nonFraction></b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98F_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_zoXoHSzPUzp6" title="Unamortized Debt Discount - Long-Term Portion" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:LongTermDebtInstrumentUnamortisedDiscount" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">378</ix:nonFraction>)</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn3n3_c20210630_z2jimyF2YNGc" title="Total Borrowings - Long-Term Portion" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">28,872</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total at December 31, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zIuyN9nzRtx" title="Loan Balance" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zOSSWi4SsZM7" title="Unamortized Debt Discount" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:DebtInstrumentUnamortisedDiscount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">448</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Borrowings_iI_pn3n3_c20201231_zxVKHfyezFc1" title="Total Borrowings" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">36,552</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Less: Current Portion</b></span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zysp0qUU5fx5" title="Loan Balance - Current Portion" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:CurrentPortionOfLongTermBorrowingsGross" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">5,970</ix:nonFraction>)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zD60gE8whrzc" title="Unamortized Debt Discount- Current Portion" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">305</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_z5QIwlgDaPK9" title="Total Borrowings - Current Portion" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,665</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Long-Term Portion</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_981_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zufScbXfpuMf" title="Loan Balance - Long-Term Portion" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:LongTermBorrowingsGross" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">31,030</ix:nonFraction></b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zcolIRkaRVch" title="Unamortized Debt Discount - Long-Term Portion" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>(<ix:nonFraction name="glbs:LongTermDebtInstrumentUnamortisedDiscount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">143</ix:nonFraction>)</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zGBdLoIRpZ55" title="Total Borrowings - Long-Term Portion" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">30,887</ix:nonFraction></b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
</ix:nonNumeric><p id="xdx_8AB_zecwuY1IUVzf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Details of the Company&#8217;s credit facilities
and debt securities are discussed in Note 11 of the Company&#8217;s consolidated financial statements for the year ended December 31,
2020, included in the 2020 Annual Report.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">As of June 30, 2021, the Company was in compliance
with the loan covenants of the agreement with the lenders.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 24 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>8. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term Debt, net (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In more detail:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 9pt"><b>(a)</b></span></td><td style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 9pt">In May
                                                                                                     2021, Globus through its wholly owned subsidiaries, Devocean Maritime Ltd.(the &#8220;Borrower A&#8221;), Domina Maritime Ltd. (the
                                                                                                     &#8220;Borrower B&#8221;), Dulac Maritime S.A. (the &#8220;Borrower C&#8221;), Artful Shipholding S.A. (the &#8220;Borrower
                                                                                                     D&#8221;), Longevity Maritime Limited (the &#8220;Borrower E&#8221;) and Serena Maritime Limited (the &#8220;Borrower F&#8221;),
                                                                                                     vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe, m/v Sun Globe and m/v Galaxy Globe,
                                                                                                     respectively, entered a new term loan facility for up to $<span id="xdx_907_eifrs-full--NotionalAmount_iI_pn3n3_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zzNq92p8IbPb" title="Notional amount"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-05-31_custom_CiTLloanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></span>
                                                                                                     with CiT Bank N.A. for the purpose of refinancing the existing indebtedness secured on the ships.
                                                                                                     The loan facility is in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A., Artful Shipholding S.A.,
                                                                                                     Longevity Maritime Limited and Serena Maritime Limited as the borrowers and is guaranteed by Globus. The loan facility bears
                                                                                                     interest at <span id="xdx_907_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_ztsPpl79wJ9i"><ix:nonNumeric contextRef="From2021-01-012021-05-31_custom_CiTLloanFacilityMember" name="ifrs-full:BorrowingsInterestRateBasis">LIBOR</ix:nonNumeric></span>
                                                                                                     plus a margin of <span id="xdx_908_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pid_dp_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zkS6CeCvysLe"><ix:nonFraction name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" contextRef="AsOf2021-05-31_custom_CiTLloanFacilityMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.75</ix:nonFraction></span>%
                                                                                                     for interest periods of three months. The Company also entered into a swap agreement with respect to LIBOR. This loan facility is
                                                                                                     referred to as the CiT loan facility. </span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">On May 10, 2021, the Company drew down $<span id="xdx_90E_ecustom--DebtInstrumentPrepaymentAmount_pn3n3_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zTKvF8kmyQGl" title="Prepayment of long-term debt"><ix:nonFraction name="glbs:DebtInstrumentPrepaymentAmount" contextRef="From2021-01-012021-05-10_custom_EnTrustLoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></span>
and fully prepaid the balance of the EnTrust loan facility. The CiT loan facility consists of <span id="xdx_905_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zlQKZPRiqYB1" title="Number of loan tranches"><ix:nonFraction name="glbs:NumberOfLoanTranches" contextRef="AsOf2021-05-31_custom_CiTLloanFacilityMember" format="ixt-sec:numwordsen" decimals="INF" unitRef="Pure">six</ix:nonFraction></span> tranches, one for each vessel.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">Among the other financial covenants
in CiT loan facility it is included the following covenant:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At all times the Parent Guarantor (i.e.,
Globus) shall maintain, on a consolidated basis, cash in an amount of not less than $<span id="xdx_900_eifrs-full--CashAndCashEquivalents_iI_pp0n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z6Qvbsnyytrf"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2021-06-30_custom_CiTLloanFacilityMember_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="0" scale="3" unitRef="USD">150</ix:nonFraction>
</span>for each group vessel (other than the Borrowers), to be legally and beneficially owned by the owner of that vessel, such cash
to be free of any restriction or withdrawal or transfer and unencumbered by any security.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">The Company was in compliance with
the covenants of CiT loan facility as of June 30, 2021.</p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">&#160;&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 9pt"><b>(b)</b></span></td><td style="text-align: justify"><span style="font-size: 9pt">In June 2019, Globus through its wholly owned subsidiaries, Devocean
                                                                                                     Maritime Ltd.(the &#8220;Borrower A&#8221;), Domina Maritime Ltd. (the &#8220;Borrower B&#8221;), Dulac Maritime S.A. (the
                                                                                                     &#8220;Borrower C&#8221;), Artful Shipholding S.A. (the &#8220;Borrower D&#8221;) and Longevity Maritime Limited (the
                                                                                                     &#8220;Borrower E&#8221;), vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe and m/v Sun
                                                                                                     Globe, respectively, entered a new term loan facility for up to $<span id="xdx_902_eifrs-full--NotionalAmount_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_z8kqbAtuDVgk" title="Notional amount"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2019-06-30_custom_EnTrustLoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></span>
                                                                                                     with EnTrust Global&#8217;s Blue Ocean Fund for the purpose of refinancing the existing indebtedness secured on the ships and for
                                                                                                     general corporate purposes. The loan facility was in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A.,
                                                                                                     Artful Shipholding S.A. and Longevity Maritime Limited as the borrowers and was  guaranteed by Globus. The loan facility bore
                                                                                                     interest at <span id="xdx_908_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_z0c7GJX8Sm57"><ix:nonNumeric contextRef="From2019-01-012019-06-30_custom_EnTrustLoanFacilityMember" name="ifrs-full:BorrowingsInterestRateBasis">LIBOR</ix:nonNumeric></span>
                                                                                                     plus a margin of <span id="xdx_90F_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pid_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zMt49AMltghl"><ix:nonFraction name="ifrs-full:BorrowingsAdjustmentToInterestRateBasis" contextRef="AsOf2019-06-30_custom_EnTrustLoanFacilityMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8.50</ix:nonFraction></span>%
                                                                                                     (or <span id="xdx_902_ecustom--BorrowingsDefaultInterestRate_iI_pid_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zGvDF4suHEm3"><ix:nonFraction name="glbs:BorrowingsDefaultInterestRate" contextRef="AsOf2019-06-30_custom_EnTrustLoanFacilityMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.5</ix:nonFraction></span>%
                                                                                                     default interest) for interest periods of three months. This loan facility is referred to as the EnTrust loan facility. </span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In March 2021, the Company prepaid $<span id="xdx_90E_ecustom--DebtInstrumentPrepaymentAmount_pp0n6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zO8QElAZt5B7"><ix:nonFraction name="glbs:DebtInstrumentPrepaymentAmount" contextRef="From2021-01-012021-03-31_custom_EnTrustLoanFacilityMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">6</ix:nonFraction></span>.0 million
of the Entrust loan facility, which represented all amounts that would otherwise come due during calendar year 2021 and on May 10, 2021,
the Company fully prepaid the balance of the EnTrust Loan facility.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 9pt"><b>(c)</b></span></td><td style="text-align: justify"><span style="font-size: 9pt">On July 27, 2020, the Company repaid the total outstanding principal and
interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_906_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z83ZPneiRYI7"><ix:nonFraction name="ifrs-full:RepaymentsOfCurrentBorrowings" contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">863</ix:nonFraction></span>. </span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">As of June 30, 2021, and 2020, there
was an amount of $<span id="xdx_903_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20200630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zIGOy66cSYtb"><span id="xdx_901_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zd9PJ87t1VBa"><ix:nonFraction name="ifrs-full:UndrawnBorrowingFacilities" contextRef="AsOf2020-06-30_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:UndrawnBorrowingFacilities" contextRef="AsOf2021-06-30_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">14,200</ix:nonFraction></ix:nonFraction></span></span>
available to be drawn under the Firment Shipping Credit Facility, as amended and restated on May 8, 2020. The Amended and Restated
Agreement converted the then existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to <span id="xdx_907_eifrs-full--BorrowingsMaturity_c20210101__20210630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z5DNvNqiv6m3"><ix:nonNumeric contextRef="From2021-01-012021-06-30_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember" name="ifrs-full:BorrowingsMaturity">October
31, 2021</ix:nonNumeric></span>.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">The Firment Shipping Credit Facility requires
that Athanasios Feidakis remains Chief Executive Officer and that Firment Shipping maintains at least a <span id="xdx_900_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pid_dp_c20210101__20210630__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zmCwxuFEouw6" title="Percentage of ownership in Globus Maritime Ltd."><ix:nonFraction name="glbs:ProportionOfOwnershipInterestsHeldByControllingParty" contextRef="From2021-01-012021-06-30_ifrs-full_BottomOfRangeMember_custom_FirmentShippingIncMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">40</ix:nonFraction></span>% shareholding in Globus, other
than due to actions taken by Firment Shipping, such as sales of shares. In connection with the registered direct offering on January 29,
2021, February 12, 2021 and June 25, 2021 (collectively, the &#8220;Filings&#8221;), the Company obtained waivers from Firment Shipping
Inc. The waivers consented to the Company making the Filings and waived the requirement to maintain at least a 40% shareholding in Globus
as a result of the issuance of common shares and warrants.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">As of June 30, 2021, and December 31, 2020,
the Company is in compliance with the loan covenants of the Firment Shipping Credit Facility.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0pt"></td><td style="width: 21.25pt"><b>(d)</b></td><td style="text-align: justify">On March 13, 2019, the Company signed a securities purchase agreement with a private investor and on the
same date issued, for gross proceeds of $<span id="xdx_908_eifrs-full--NotesAndDebenturesIssued_iI_pdn6_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z63GLdJbgKd4" title="Notes issued"><ix:nonFraction name="ifrs-full:NotesAndDebenturesIssued" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">5</ix:nonFraction></span> million, a senior convertible note (the &#8220;Convertible Note&#8221;) that was convertible
into shares of the Company&#8217;s common stock, par value $<span id="xdx_904_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z7QO5kNWExpd"><ix:nonFraction name="glbs:DebtInstrumentConvertibleConversionPrice" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="USDPShares">0.004</ix:nonFraction></span> per share. If not converted or redeemed beforehand pursuant to the terms
of the Convertible Note, the Convertible Note matured upon the anniversary of its issue. The Convertible Note was issued in a transaction
exempt from registration under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;).</td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 25 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"><b></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"><b>8. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">The Convertible Note provided for interest
to accrue at <span id="xdx_906_ecustom--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zgUrEATTsfsl"><ix:nonFraction name="glbs:DebtInstrumentInterestRateStatedPercentage" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>% annually, which interest would be paid on the first anniversary of the Convertible Note&#8217;s issuance unless the Convertible
Note was converted or redeemed pursuant to its terms beforehand. The interest could be paid in common shares of the Company, if certain
conditions described within the Convertible Note were met. With respect to the Convertible Note, the Company also signed a registration
rights agreement with the private investor pursuant to which it agreed to register for resale the shares that could be issued pursuant
to the Convertible Note. The registration rights agreement contained liquidated damages if the Company was unable to register for resale
the shares into which the Convertible Note could be converted and maintain such registration.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">As per the conversion clause included in
the Convertible Note, the Company had recognized this agreement as a hybrid agreement which included an embedded derivative. This embedded
derivative was separated to the derivative component and the non-derivative host. The derivative component was shown separately from the
non-derivative host in the consolidated statement of financial position at fair value. The changes in the fair value of the derivative
financial instrument were recognized in the consolidated statement of comprehensive loss. The initial amount drawn with respect to the
Convertible Note was $<span id="xdx_90C_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zZIq9W6NPNnk" title="Proceeds from borrowings"><ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2019-01-012019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span>. The non-derivative host and the derivative component that was initially recognized amounted to $<span id="xdx_90B_ecustom--BorrowingsGross_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z5L0qxbtmQK6"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,783</ix:nonFraction></span> and
$<span id="xdx_90C_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zWrQAKW9qj96"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,217</ix:nonFraction></span>, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -0.05pt">On June 25, 2020,
the Company repaid the total outstanding principal and interest of the Convertible Note amounting to $<span id="xdx_903_eifrs-full--RepaymentsOfBondsNotesAndDebentures_pn3n3_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z76YYFHGL52"><ix:nonFraction name="ifrs-full:RepaymentsOfBondsNotesAndDebentures" contextRef="From2020-01-012020-06-25_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">2,528</ix:nonFraction></span>.
The Company recognized a loss on this derivative financial instrument amounting to $<span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_iN_pn3n3_di_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zUlnpk6ck6Vc"><ix:nonFraction name="ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives" contextRef="From2020-01-012020-06-25_custom_ConvertibleNoteMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">1,343</ix:nonFraction></span>,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive loss.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 7.05pt 0 21.25pt; text-align: justify; text-indent: 0cm"><span style="font-family: Times New Roman, Times, Serif">The
contractual annual loan principal payments to CiT Bank N.A.  </span>loan <span style="font-family: Times New Roman, Times, Serif">facility
to be made subsequent to June 30, 2021, were as follows:</span></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments"><p id="xdx_89D_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zfdwSxpsQhie" style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.25pt; display: none; text-align: justify; text-indent: 0cm">&#160;Long-Term Debt, net - Annual loan principal payments</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: White">
    <td style="border-bottom: Black 0.5pt solid; width: 89%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>CiT
    Bank N.A.</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">2022</span></td>
    <td>&#160;</td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_ztMvt3rf21i3" title="Loan Balance" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CiTBankNALoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">2023</span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zqd0E0uMw6Td" title="Loan Balance" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_custom_LaterThanTwoYearAndNotLaterThanThreeYearsMember_custom_CiTBankNALoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2024</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2025</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFourYearAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zNJETPGsSWrl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_custom_LaterThanFourYearAndNotLaterThanFiveYearsMember_custom_CiTBankNALoanFacilityMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,000</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2026</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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  <tr style="background-color: White">
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<p style="margin-top: 0; margin-bottom: 0">&#160;&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"></p>
</ix:nonNumeric><p id="xdx_8A7_zNkUmUsGjaG6" style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory"><p id="xdx_80B_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zCEWilEQPrfc" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">9.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_823_z5QXd2tZxqL">Share Based Payment</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Share based payment comprise the
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<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfShareBasedPayment"><p id="xdx_897_ecustom--DisclosureOfShareBasedPayment_zd6qzxYEgWlb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;<span id="xdx_8B9_z45Csg7wFD6i" style="display: none">Share Based Payment</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="width: 1%">&#160;</td>
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    <td style="width: 1%">&#160;</td>
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    <td style="width: 1%">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: White">
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    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAnnlJAbpx4b" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2021-01-012021-06-30_custom_NumberOfOrdinarySharesMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,012</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zJvzmo1MWay3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zZqaWSZ1eXeh" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2021-01-012021-06-30_custom_NumberOfOrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,012</ix:nonFraction></b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zPYJQLpo9r38" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Period from January 1 to June 30, 2020</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of common shares</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of preferred shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Issued share Capital</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Share premium</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Non-executive directors payment </span></td>
    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_znUcxPlR8mnk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2020-01-012020-06-30_custom_NumberOfOrdinarySharesMember_custom_NonExecutiveDirectorsMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">217</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_fKg_____zfT9VbgZJgc7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember" id="Fact000850" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction><sup id="xdx_F4D_zSaQF5HVJl2j">*</sup></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total at June 30, 2020</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zdY4OkDS7Mtj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued" contextRef="From2020-01-012020-06-30_custom_NumberOfOrdinarySharesMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">217</ix:nonFraction></b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_fKg_____zaRnqw68Dzja" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember" id="Fact000852" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">10</ix:nonFraction><sup id="xdx_F44_zskVD0F2BJ6h">*</sup></b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td id="xdx_F08_zUiELBe4vHk" style="width: 1%; text-align: left">*</td><td id="xdx_F1B_zUBQSt1vat2a" style="text-align: justify; width: 99%"><ix:footnote id="Footnote000853" xml:lang="en-US">The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.</ix:footnote></td>
</tr></table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

</ix:nonNumeric><p id="xdx_8A6_zZWVjuJmHTJa" style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfContingentLiabilitiesExplanatory"><p id="xdx_803_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zkNkeDMH3zj9" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">10.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_821_zVfWSZh22aA8">Contingencies</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><b><i>&#160;</i></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Various claims, suits and complaints, including
those involving government regulations, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes
with charterers, environmental claims, agents, and insurers and from claims with suppliers relating to the operations of the Company&#8217;s
vessels. Currently, management is not aware of any such claims or contingent liabilities, which are material for disclosure.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 26 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfCommitmentsExplanatory"><p id="xdx_806_eifrs-full--DisclosureOfCommitmentsExplanatory_z4rD4BoGqwM" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">11.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_821_z0oJY6rtiSp7">Commitments</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The Company enters into time charter arrangements
on its vessels. These non-cancellable arrangements had remaining terms between forty days to approximately three months as of June 30,
2021, assuming redelivery at the earliest possible date. As of December 31, 2020, the non-cancellable arrangements had remaining terms
between nine days to eight months, assuming redelivery at the earliest possible date. Future net minimum lease revenues receivable under
non-cancellable operating leases as of June 30, 2021 and December 31, 2020, were as follows (vessel off-hires and dry-docking days that
could occur but are not currently known are not taken into consideration; in addition early delivery of the vessels by the charterers
is not accounted for):</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory"><p id="xdx_89E_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zKgmdOYT8yC2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -20pt; text-align: left"><span id="xdx_8BE_z1Fl3wBOpDG8" style="display: none">Commitments - Future
minimum lease revenues receivable under non-cancellable operating leases</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top; background-color: White">
    <td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-left: 5.4pt; text-align: right; font-size: 11pt; text-indent: -0.05pt"><span style="font-size: 9pt"><b>June
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    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 9pt"><b>December 31, 2020</b></span></td></tr>
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    <td id="xdx_98B_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNbgdZv3WtJ7" title="Total" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt"><span style="font-size: 9pt"><ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="AsOf2021-06-30_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">8,323</ix:nonFraction></span></td>
    <td>&#160;</td>
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    <td style="padding-bottom: 2.5pt">&#160;</td>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
</ix:nonNumeric><p id="xdx_8AC_zjexgoNVh9Xd" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">These amounts include consideration
for other elements of the arrangement apart from the right to use the vessel such as maintenance and crewing and its related costs.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">For time charters that qualify
as leases, the Company is required to disclose lease and non-lease components of lease revenue. The revenue earned under time charters
is not negotiated in its two separate components, but as a whole. For purposes of determining the standalone selling price of the vessel
lease and technical management service components of the Company&#8217;s time charters, the Company concluded that the residual approach
would be the most appropriate method to use given that vessel lease rates are highly variable depending on shipping market conditions,
the duration of such charters and the age of the vessel.</p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The Company believes that the standalone transaction price attributable to the
technical management service component, including crewing services, is more readily determinable than the price of the lease component
and, accordingly, the price of the service component is estimated using data provided by its technical department, which consist of the
crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_908_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20210630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRB9kSC4aaNj"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2021-01-012021-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">6,208</ix:nonFraction></span> and $<span id="xdx_908_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20200630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKyEgE84obi2"><ix:nonFraction name="ifrs-full:RevenueFromRenderingOfServices" contextRef="From2020-01-012020-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,246</ix:nonFraction></span> for the periods ended June 30, 2021 and 2020,
respectively. The lease component that is disclosed then is calculated as the difference between total revenue and the non-lease component
revenue and was $<span id="xdx_90F_eifrs-full--OperatingLeaseIncome_pn3n3_c20210101__20210630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUMQB4P7aSd6"><ix:nonFraction name="ifrs-full:OperatingLeaseIncome" contextRef="From2021-01-012021-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,788</ix:nonFraction></span> and $<span id="xdx_90A_eifrs-full--OperatingLeaseIncome_pn3n3_c20200101__20200630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z3bymY1CUn0f"><ix:nonFraction name="ifrs-full:OperatingLeaseIncome" contextRef="From2020-01-012020-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">343</ix:nonFraction></span> for the periods ended June 30, 2021 and 2020, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">As further discussed in
note 4 of the 2020 Annual Report, on January 1, 2019, following the adoption of IFRS 16, the Company recognised a right of use asset
and a corresponding liability of approximately $<span id="xdx_90E_eifrs-full--RightofuseAssets_iI_pn3n3_c20181231_z4IdYUbLxVU6"><span id="xdx_903_eifrs-full--LeaseLiabilities_iI_pn3n3_c20181231_zbd8781JQuP9"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2018-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="AsOf2018-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">674</ix:nonFraction></ix:nonFraction></span></span>
with respect to the rental agreement. The depreciation charge for right-of-use assets for the period ended June 30, 2021 and 2020,
was approximately $<span id="xdx_906_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20200630_zWGMezATKCCc"><span id="xdx_901_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20210630_zeDronPIBvYf"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2020-01-012020-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD"><ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">56</ix:nonFraction></ix:nonFraction></span></span>
for both periods and the interest expense on lease liability for the period ended June 30, 2021 and 2020, was approximately $<span id="xdx_907_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20210630_zj7XPT4V14yg"><ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2021-01-01to2021-06-30" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20</ix:nonFraction></span>
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respectively, and recognised in the income statement component of the consolidated statement of comprehensive loss under
depreciation and interest expense and finance costs, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">At June 30, 2021 and December
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The Company assumed a commitment
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on September 22, 2021 for the acquisition of the vessel (see also Note 13).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 27 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b></b></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfFairValueMeasurementExplanatory"><p id="xdx_80C_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_zBJLIcHEXKR5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>12.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_823_z0EWfhErhsm3">Fair values</span></b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><b>Carrying amounts
and fair values</b></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The following table shows
the carrying amounts and fair values of assets and liabilities measured at fair value, including their levels in the fair value hierarchy
(as defined in note 2.28 of the 2020 Annual Report). It does not include fair value information for financial assets and financial liabilities
not measured at fair value if the carrying amount is a reasonable approximation of fair value, such as cash and cash equivalents, restricted
cash, trade receivables,  trade payables and claims receivables.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"></p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfFairValuesExplanatory"><p id="xdx_892_ecustom--DisclosureOfFairValuesExplanatory_zZIR36InR7kc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm">&#160;<span id="xdx_8BE_zzkkEd5Q7Whc">Fair
values - Fair value measurement</span></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"></td>
    <td></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b></b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif"></span></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value</b></span></td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 72%"><span style="font: 9pt Times New Roman, Times, Serif"><b>June&#160;30,
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    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"><span style="font: 10pt Times New Roman, Times, Serif"><b>Carrying
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    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>Financial
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Derivative
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Other
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>Financial
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Derivative
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_988_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zaa4B6osoUqb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-06-30_ifrs-full_FinancialLiabilitiesAtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">176</ix:nonFraction></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zRMprNNdFOF9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-06-30_ifrs-full_FinancialLiabilitiesAtFairValueMember_ifrs-full_Level2OfFairValueHierarchyMember_ifrs-full_AtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">176</ix:nonFraction>&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_984_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zepCA2O8h6P9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-06-30_ifrs-full_AtFairValueMember_ifrs-full_FinancialLiabilitiesAtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">176</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zVozJPMlEjNd" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2021-06-30_ifrs-full_FinancialLiabilitiesAtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">176</ix:nonFraction></b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zHHpmYyEmLXi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zM3gVrL7V29" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_ifrs-full_Level2OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,430</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zGYg3rQ5ATNg" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2021-06-30_ifrs-full_AtFairValueMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,430</ix:nonFraction></b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zPiYgrqvx4y1" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-06-30_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,250</ix:nonFraction></b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><i></i></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b></b></span></td>
    <td>&#160;</td>
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  <tr style="background-color: White">
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    <td style="width: 1%">&#160;</td>
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    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Level 1</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Level 2</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Level 3</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Total</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Other
    financial liabilities</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td>&#160;</td>
    <td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_z0Say8ZnARbd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><ix:nonFraction name="glbs:BorrowingsGross" contextRef="AsOf2020-12-31_ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">37,000</ix:nonFraction></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"></p>
</ix:nonNumeric><p id="xdx_8A0_zeH4keIX8RTc" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#9;</p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<ix:exclude><!-- Field: Page; Sequence: 28 -->
    <div style="border-bottom: Black 0.5pt solid; margin-top: 6pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>GLOBUS MARITIME LIMITED</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0cm"><span style="font-size: 10pt"><b>NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2021</b></span></p><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>(Amounts presented in thousands of U.S. Dollars - except for share, per share and warrants data, unless otherwise stated)</b></span></p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>12. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Fair values (continued)</b></p>
<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b>&#160;&#160;</b></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b>Measurement of fair values&#9;</b></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm">&#160;</p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b>Valuation techniques and
significant unobservable inputs</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The following tables show
the valuation techniques used in measuring Level 1, Level 2 and Level 3 fair values, as well as the significant unobservable inputs used.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="glbs:DisclosureOfValuationTechniquesAndSignificantUnobservableInputs"><p id="xdx_89F_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zhcEifAmU0S8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span id="xdx_8BE_zPP6J0cXw9v1" style="display: none">Fair values -
Valuation techniques and significant unobservable inputs</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span style="display: none">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span style="display: none">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Financial instruments measured at fair value</span></b></span></td>
    <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
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    <td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><b>&#160;</b></p>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Type</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>

</ix:nonNumeric><p id="xdx_8AF_zyAZY7kpG3ig" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><b>Transfers between Level 1, 2 and 3</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm">There have been no transfers between
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><b>&#160;</b></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2021-01-01to2021-06-30" escape="true" name="ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory"><p id="xdx_806_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_z5F4vKjFgI38" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><b>13. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_82C_zmXdl2iXyCYk">Events after the
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><b>Consultancy Agreement</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On July 15, 2021, Globus
Maritime Limited entered into a consultancy agreement with Eolos Shipmanagement S.A., a  related party, for the
purpose of providing consultancy services to Eolos Shipmanagement S.A. For these services the Company receives a daily fee of $<span id="xdx_90B_ecustom--DailyFeeAndCommissionIncome_pip0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementSAMember_zUY6w1cE8Ch7" title="Daily fee of consultancy"><ix:nonFraction name="glbs:DailyFeeAndCommissionIncome" contextRef="From2021-01-012021-07-15_custom_EolosShipmanagementSAMember" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="USD">1</ix:nonFraction></span>. The
total income from these fees will be classified in the income statement component of the consolidated statement of comprehensive loss
under management &amp; consulting fee income.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><b>Rental Agreement</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On August 5, 2021, the
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2024. The Company does not presently own any real estate.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"><b>Acquisition of new
vessels</b></p>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On July 20, 2021, the
Company took delivery of the m/v &#8220;Power Globe&#8221;, a <span id="xdx_90E_ecustom--VesselYearBuilt_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_z7F7HVIlh04e"><ix:nonNumeric contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember" name="glbs:VesselYearBuilt">2011</ix:nonNumeric></span>-built
<span id="xdx_902_ecustom--VesselType_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zKzKQGGveaNh"><ix:nonNumeric contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember" name="glbs:VesselType">Kamsarmax</ix:nonNumeric>
</span>dry bulk carrier, through its subsidiary, Talisman Maritime Limited, for a purchase price of $<span id="xdx_90F_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zjBIhDuxYXU5" title="Purchase price"><ix:nonFraction name="ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember" format="ixt:numdotdecimal" decimals="0" scale="6" unitRef="USD">16.2</ix:nonFraction>
</span>million financed with available cash. The m/v &#8220;Power Globe&#8221; was built at Universal Shipbuilding Corporation in Japan
and has a carrying capacity of <span id="xdx_903_ecustom--VesselCapacity_uPure_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zxBoQMXrgmFh"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">80,655</ix:nonFraction>
</span>dwt.</p>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On September 22,
2021, the Company entered into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Peak
Liberty&#8221;, a <span id="xdx_90F_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zYBzOX1ON0F8"><ix:nonNumeric contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" name="glbs:VesselYearBuilt">2015</ix:nonNumeric></span>-built <span id="xdx_90E_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z4nzjIQ5t4Gk"><ix:nonNumeric contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" name="glbs:VesselType">Kamsarmax</ix:nonNumeric> </span>dry
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The m/v &#8220;Peak Liberty&#8221; was built at Tsuneishi Zosen in Japan and has a carrying capacity of <span id="xdx_907_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zruH98ELYbf9"><ix:nonFraction name="glbs:VesselCapacity" contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" format="ixt:numdotdecimal" decimals="INF" unitRef="Pure">81,837</ix:nonFraction> </span>dwt.
The agreement is subject to customary closing conditions. Delivery of the vessel is expected during the <span id="xdx_904_ecustom--VesselDeliveryDate_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zmyF48Tjndqk" title="Expected delivery date"><ix:nonNumeric contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember" name="glbs:VesselDeliveryDate">4th quarter of 2021</ix:nonNumeric></span>.</p>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

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</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>5
<FILENAME>glbs-20210630_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
<TEXT>
<XBRL>
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      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_glbsVesselDeliveryDate_50" xlink:type="arc" order="6" />
    </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>7
<FILENAME>glbs-20210630_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
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<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ifrs-full_ComponentsOfEquityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US">Components of equity [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapitalMember" xlink:label="ifrs-full_IssuedCapitalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xml:lang="en-US">Issued capital [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharePremiumMember" xlink:label="ifrs-full_SharePremiumMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharePremiumMember_lbl" xml:lang="en-US">Share premium [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetainedEarningsMember" xlink:label="ifrs-full_RetainedEarningsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US">Retained earnings [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_TotalMember" xlink:label="glbs_TotalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TotalMember" xlink:to="glbs_TotalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_TotalMember_lbl" xml:lang="en-US">Total [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US">Subsidiaries [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_GlobusShipmanagementCorpMember" xlink:label="glbs_GlobusShipmanagementCorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_GlobusShipmanagementCorpMember" xlink:to="glbs_GlobusShipmanagementCorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_GlobusShipmanagementCorpMember_lbl" xml:lang="en-US">Globus Shipmanagement Corp. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DevoceanMaritimeLtdMember" xlink:label="glbs_DevoceanMaritimeLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DevoceanMaritimeLtdMember" xlink:to="glbs_DevoceanMaritimeLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DevoceanMaritimeLtdMember_lbl" xml:lang="en-US">Devocean Maritime Ltd. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DominaMaritimeLtdMember" xlink:label="glbs_DominaMaritimeLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DominaMaritimeLtdMember" xlink:to="glbs_DominaMaritimeLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DominaMaritimeLtdMember_lbl" xml:lang="en-US">Domina Maritime Ltd. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DulacMaritimeSAMember" xlink:label="glbs_DulacMaritimeSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DulacMaritimeSAMember" xlink:to="glbs_DulacMaritimeSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DulacMaritimeSAMember_lbl" xml:lang="en-US">Dulac Maritime S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ArtfulShipholdingSAMember" xlink:label="glbs_ArtfulShipholdingSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ArtfulShipholdingSAMember" xlink:to="glbs_ArtfulShipholdingSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ArtfulShipholdingSAMember_lbl" xml:lang="en-US">Artful Shipholding S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LongevityMaritimeLimitedMember" xlink:label="glbs_LongevityMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongevityMaritimeLimitedMember" xlink:to="glbs_LongevityMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LongevityMaritimeLimitedMember_lbl" xml:lang="en-US">Longevity Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_SerenaMaritimeLimitedMember" xlink:label="glbs_SerenaMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SerenaMaritimeLimitedMember" xlink:to="glbs_SerenaMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_SerenaMaritimeLimitedMember_lbl" xml:lang="en-US">Serena Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_TalismanMaritimeLimitedMember" xlink:label="glbs_TalismanMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TalismanMaritimeLimitedMember" xlink:to="glbs_TalismanMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_TalismanMaritimeLimitedMember_lbl" xml:lang="en-US">Talisman Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ArgoMaritimeLimitedMember" xlink:label="glbs_ArgoMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ArgoMaritimeLimitedMember" xlink:to="glbs_ArgoMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ArgoMaritimeLimitedMember_lbl" xml:lang="en-US">Argo Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CalypsoShipholdingSAMember" xlink:label="glbs_CalypsoShipholdingSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CalypsoShipholdingSAMember" xlink:to="glbs_CalypsoShipholdingSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CalypsoShipholdingSAMember_lbl" xml:lang="en-US">Calypso Shipholding S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DaxosMaritimeLimitedMember" xlink:label="glbs_DaxosMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DaxosMaritimeLimitedMember" xlink:to="glbs_DaxosMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DaxosMaritimeLimitedMember_lbl" xml:lang="en-US">Daxos Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_OlympiaShipholdingSAMember" xlink:label="glbs_OlympiaShipholdingSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OlympiaShipholdingSAMember" xlink:to="glbs_OlympiaShipholdingSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_OlympiaShipholdingSAMember_lbl" xml:lang="en-US">Olympia Shipholding S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ParalusShipholdingSAMember" xlink:label="glbs_ParalusShipholdingSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ParalusShipholdingSAMember" xlink:to="glbs_ParalusShipholdingSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ParalusShipholdingSAMember_lbl" xml:lang="en-US">Paralus Shipholding S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_SalaminiaMaritimeLimitedMember" xlink:label="glbs_SalaminiaMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SalaminiaMaritimeLimitedMember" xlink:to="glbs_SalaminiaMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_SalaminiaMaritimeLimitedMember_lbl" xml:lang="en-US">Salaminia Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="ifrs-full_ClassesOfShareCapitalAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xml:lang="en-US">Classes of share capital [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PreferenceSharesMember" xlink:label="ifrs-full_PreferenceSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PreferenceSharesMember" xlink:to="ifrs-full_PreferenceSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PreferenceSharesMember_lbl" xml:lang="en-US">Preference shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US">Categories of related parties [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:label="glbs_AffiliatedCompanyOfCompanysCEOMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AffiliatedCompanyOfCompanysCEOMember" xlink:to="glbs_AffiliatedCompanyOfCompanysCEOMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_AffiliatedCompanyOfCompanysCEOMember_lbl" xml:lang="en-US">Goldenmare Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShipsMember" xlink:label="ifrs-full_ShipsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShipsMember" xlink:to="ifrs-full_ShipsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShipsMember_lbl" xml:lang="en-US">Ships [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="ifrs-full_GrossCarryingAmountMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xml:lang="en-US">Gross carrying amount [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xml:lang="en-US">Accumulated depreciation, amortisation and impairment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DryDockingMember" xlink:label="glbs_DryDockingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryDockingMember" xlink:to="glbs_DryDockingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DryDockingMember_lbl" xml:lang="en-US">Dry Docking [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CarryingAmountIMember" xlink:label="glbs_CarryingAmountIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CarryingAmountIMember" xlink:to="glbs_CarryingAmountIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CarryingAmountIMember_lbl" xml:lang="en-US">Carrying Amount [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NordVenusMember" xlink:label="glbs_NordVenusMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NordVenusMember" xlink:to="glbs_NordVenusMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NordVenusMember_lbl" xml:lang="en-US">Nord Venus [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RangeAxis" xlink:label="ifrs-full_RangeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US">Range [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DeliveryDateMayMember" xlink:label="glbs_DeliveryDateMayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DeliveryDateMayMember" xlink:to="glbs_DeliveryDateMayMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DeliveryDateMayMember_lbl" xml:lang="en-US">Delivery date up to May 31, 2021 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DeliveryDateAugustMember" xlink:label="glbs_DeliveryDateAugustMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DeliveryDateAugustMember" xlink:to="glbs_DeliveryDateAugustMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DeliveryDateAugustMember_lbl" xml:lang="en-US">Delivery date between June 1, 2021 and August 15, 2021 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_Yangze11Member" xlink:label="glbs_Yangze11Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_Yangze11Member" xlink:to="glbs_Yangze11Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_Yangze11Member_lbl" xml:lang="en-US">Yangze 11 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OrdinarySharesMember" xlink:label="ifrs-full_OrdinarySharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OrdinarySharesMember" xlink:to="ifrs-full_OrdinarySharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xml:lang="en-US">Ordinary shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ClassBCommonSharesMember" xlink:label="glbs_ClassBCommonSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClassBCommonSharesMember" xlink:to="glbs_ClassBCommonSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ClassBCommonSharesMember_lbl" xml:lang="en-US">Class B Common Shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PreFundedWarrantsMember" xlink:label="glbs_PreFundedWarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PreFundedWarrantsMember" xlink:to="glbs_PreFundedWarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_PreFundedWarrantsMember_lbl" xml:lang="en-US">Pre-funded warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_InstitutionalInvestorsMember" xlink:label="glbs_InstitutionalInvestorsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_InstitutionalInvestorsMember" xlink:to="glbs_InstitutionalInvestorsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_InstitutionalInvestorsMember_lbl" xml:lang="en-US">Institutional investors [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_January2021WarrantsMember" xlink:label="glbs_January2021WarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_January2021WarrantsMember" xlink:to="glbs_January2021WarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_January2021WarrantsMember_lbl" xml:lang="en-US">January 2021 Warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_February2021WarrantsMember" xlink:label="glbs_February2021WarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_February2021WarrantsMember" xlink:to="glbs_February2021WarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_February2021WarrantsMember_lbl" xml:lang="en-US">February 2021 Warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_June2021WarrantsMember" xlink:label="glbs_June2021WarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_June2021WarrantsMember" xlink:to="glbs_June2021WarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_June2021WarrantsMember_lbl" xml:lang="en-US">June 2021 Warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_SubsequentPreFundedWarrantsMember" xlink:label="glbs_SubsequentPreFundedWarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SubsequentPreFundedWarrantsMember" xlink:to="glbs_SubsequentPreFundedWarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_SubsequentPreFundedWarrantsMember_lbl" xml:lang="en-US">Subsequent pre-funded warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ClassAWarrantsMember" xlink:label="glbs_ClassAWarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClassAWarrantsMember" xlink:to="glbs_ClassAWarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ClassAWarrantsMember_lbl" xml:lang="en-US">Class A Warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PPWarrantsMember" xlink:label="glbs_PPWarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PPWarrantsMember" xlink:to="glbs_PPWarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_PPWarrantsMember_lbl" xml:lang="en-US">PP Warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" xlink:label="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember" xlink:to="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_lbl" xml:lang="en-US">Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp; Serena Maritime Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="ifrs-full_BorrowingsByNameAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xml:lang="en-US">Borrowings by name [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CiTLloanFacilityMember" xlink:label="glbs_CiTLloanFacilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CiTLloanFacilityMember" xlink:to="glbs_CiTLloanFacilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CiTLloanFacilityMember_lbl" xml:lang="en-US">CiT loan facility [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_EnTrustLoanFacilityMember" xlink:label="glbs_EnTrustLoanFacilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_EnTrustLoanFacilityMember" xlink:to="glbs_EnTrustLoanFacilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_EnTrustLoanFacilityMember_lbl" xml:lang="en-US">EnTrust loan facility [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BottomOfRangeMember" xlink:label="ifrs-full_BottomOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US">Bottom of range [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_FirmentShippingIncMember" xlink:label="glbs_FirmentShippingIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FirmentShippingIncMember" xlink:to="glbs_FirmentShippingIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_FirmentShippingIncMember_lbl" xml:lang="en-US">Firment Shipping Inc [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AmendedAndRestatedAgreementMember" xlink:label="glbs_AmendedAndRestatedAgreementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmendedAndRestatedAgreementMember" xlink:to="glbs_AmendedAndRestatedAgreementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_AmendedAndRestatedAgreementMember_lbl" xml:lang="en-US">Amended And Restated Agreement [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ConvertibleNoteMember" xlink:label="glbs_ConvertibleNoteMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConvertibleNoteMember" xlink:to="glbs_ConvertibleNoteMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ConvertibleNoteMember_lbl" xml:lang="en-US">Convertible Note [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MaturityAxis" xlink:label="ifrs-full_MaturityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US">Maturity [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CiTBankNALoanFacilityMember" xlink:label="glbs_CiTBankNALoanFacilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CiTBankNALoanFacilityMember" xlink:to="glbs_CiTBankNALoanFacilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CiTBankNALoanFacilityMember_lbl" xml:lang="en-US">CiT Bank N.A. loan facility [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:label="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember" xlink:to="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember_lbl" xml:lang="en-US">Later than two year and not later than three years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember" xlink:label="glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember" xlink:to="glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember_lbl" xml:lang="en-US">Later than three year and not later than four years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember" xlink:label="glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember" xlink:to="glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">Later than four year and not later than five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember" xlink:label="glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember" xlink:to="glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember_lbl" xml:lang="en-US">Later than five year and not later than six years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfOrdinarySharesAxis" xlink:label="ifrs-full_ClassesOfOrdinarySharesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfOrdinarySharesAxis" xlink:to="ifrs-full_ClassesOfOrdinarySharesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfOrdinarySharesAxis_lbl" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfOrdinarySharesMember" xlink:label="glbs_NumberOfOrdinarySharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfOrdinarySharesMember" xlink:to="glbs_NumberOfOrdinarySharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NumberOfOrdinarySharesMember_lbl" xml:lang="en-US">Number of Ordinary Shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NonExecutiveDirectorsMember" xlink:label="glbs_NonExecutiveDirectorsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NonExecutiveDirectorsMember" xlink:to="glbs_NonExecutiveDirectorsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NonExecutiveDirectorsMember_lbl" xml:lang="en-US">Non Executive Directors [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="ifrs-full_NotLaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xml:lang="en-US">Not later than one year [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:to="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl" xml:lang="en-US">Property, plant and equipment by operating lease status [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" xlink:label="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" xlink:to="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_lbl" xml:lang="en-US">Property, plant and equipment subject to operating leases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PeakLibertyMember" xlink:label="glbs_PeakLibertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PeakLibertyMember" xlink:to="glbs_PeakLibertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_PeakLibertyMember_lbl" xml:lang="en-US">Peak Liberty [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Classes of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueMember" xlink:label="ifrs-full_FinancialAssetsAtFairValueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueMember_lbl" xml:lang="en-US">Financial assets at fair value, class [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MeasurementAxis" xlink:label="ifrs-full_MeasurementAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MeasurementAxis_lbl" xml:lang="en-US">Measurement [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AtFairValueMember" xlink:label="ifrs-full_AtFairValueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AtFairValueMember_lbl" xml:lang="en-US">At fair value [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValueMember" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueMember" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueMember_lbl" xml:lang="en-US">Financial liabilities at fair value, class [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:label="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:to="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_lbl" xml:lang="en-US">Not measured at fair value in statement of financial position but for which fair value is disclosed [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_EolosShipmanagementSAMember" xlink:label="glbs_EolosShipmanagementSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_EolosShipmanagementSAMember" xlink:to="glbs_EolosShipmanagementSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_EolosShipmanagementSAMember_lbl" xml:lang="en-US">Eolos Shipmanagement S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_RealEstateDescriptionTypeOfPropertyAxis" xlink:label="glbs_RealEstateDescriptionTypeOfPropertyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RealEstateDescriptionTypeOfPropertyAxis" xlink:to="glbs_RealEstateDescriptionTypeOfPropertyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_RealEstateDescriptionTypeOfPropertyAxis_lbl" xml:lang="en-US">Real Estate Description Type Of Property [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NewOfficeBuildingMember" xlink:label="glbs_NewOfficeBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NewOfficeBuildingMember" xlink:to="glbs_NewOfficeBuildingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NewOfficeBuildingMember_lbl" xml:lang="en-US">New office building [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NewRentalAgreementCyberonicaSAMember" xlink:label="glbs_NewRentalAgreementCyberonicaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NewRentalAgreementCyberonicaSAMember" xlink:to="glbs_NewRentalAgreementCyberonicaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NewRentalAgreementCyberonicaSAMember_lbl" xml:lang="en-US">New Rental Agreement with Cyberonica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PowerGlobeMember" xlink:label="glbs_PowerGlobeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PowerGlobeMember" xlink:to="glbs_PowerGlobeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_PowerGlobeMember_lbl" xml:lang="en-US">Power Globe [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:label="ifrs-full_AnalysisOfIncomeAndExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:to="ifrs-full_AnalysisOfIncomeAndExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AnalysisOfIncomeAndExpenseAbstract_lbl" xml:lang="en-US">Analysis of income and expense [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueAbstract" xlink:label="ifrs-full_RevenueAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueAbstract" xlink:to="ifrs-full_RevenueAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueAbstract_lbl" xml:lang="en-US">REVENUES:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromRenderingOfServices" xlink:label="ifrs-full_RevenueFromRenderingOfServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromRenderingOfServices" xlink:to="ifrs-full_RevenueFromRenderingOfServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromRenderingOfServices_lbl" xml:lang="en-US">Voyage revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Revenue" xlink:label="ifrs-full_Revenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US">Total Revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:label="ifrs-full_MaterialIncomeAndExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:to="ifrs-full_MaterialIncomeAndExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaterialIncomeAndExpenseAbstract_lbl" xml:lang="en-US">EXPENSES &amp; OTHER OPERATING INCOME:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ServicesExpense" xlink:label="ifrs-full_ServicesExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ServicesExpense" xlink:to="ifrs-full_ServicesExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ServicesExpense_lbl" xml:lang="en-US">Voyage expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_OperatingCosts" xlink:label="glbs_OperatingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_OperatingCosts_lbl" xml:lang="en-US">Vessel operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationExpense" xlink:label="ifrs-full_DepreciationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepreciationExpense_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DepreciationOfDryDockingCosts" xlink:label="glbs_DepreciationOfDryDockingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfDryDockingCosts" xlink:to="glbs_DepreciationOfDryDockingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_DepreciationOfDryDockingCosts_lbl" xml:lang="en-US">Depreciation of dry-docking costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdministrativeExpense" xlink:label="ifrs-full_AdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdministrativeExpense_lbl" xml:lang="en-US">Administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:to="glbs_AdministrativeExpenseRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions_lbl" xml:lang="en-US">Administrative expenses payable to related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DirectorsCompensationSharebasedPayment" xlink:label="glbs_DirectorsCompensationSharebasedPayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DirectorsCompensationSharebasedPayment" xlink:to="glbs_DirectorsCompensationSharebasedPayment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_DirectorsCompensationSharebasedPayment_lbl" xml:lang="en-US">Share-based payments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLoss" xlink:label="ifrs-full_ImpairmentLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ImpairmentLoss_lbl" xml:lang="en-US">Impairment loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="ifrs-full_OtherOperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl" xml:lang="en-US">Other income, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xml:lang="en-US">Operating profit/(loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RevenueFromInterest" xlink:label="ifrs-full_RevenueFromInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_FinanceCosts_lbl" xml:lang="en-US">Interest expense and finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">Loss on derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Foreign exchange gains/(losses), net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US">TOTAL LOSS FOR THE PERIOD</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US">Other Comprehensive Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US">TOTAL COMPREHENSIVE LOSS FOR THE PERIOD</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LossEarningsPerShareAbstract" xlink:label="glbs_LossEarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LossEarningsPerShareAbstract" xlink:to="glbs_LossEarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LossEarningsPerShareAbstract_lbl" xml:lang="en-US">Loss per share (U.S.$):</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl" xml:lang="en-US">&#160;- Basic and Diluted loss per share for the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of financial position [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="ifrs-full_NoncurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl" xml:lang="en-US">NON-CURRENT ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Ships" xlink:label="ifrs-full_Ships" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Ships" xlink:to="ifrs-full_Ships_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Ships_lbl" xml:lang="en-US">Vessels, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentPrepayments" xlink:label="ifrs-full_NoncurrentPrepayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPrepayments" xlink:to="ifrs-full_NoncurrentPrepayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentPrepayments_lbl" xml:lang="en-US">Advances for vessels acquisition</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OfficeEquipment" xlink:label="ifrs-full_OfficeEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OfficeEquipment" xlink:to="ifrs-full_OfficeEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OfficeEquipment_lbl" xml:lang="en-US">Office furniture and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RightofuseAssets" xlink:label="ifrs-full_RightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RightofuseAssets_lbl" xml:lang="en-US">Right of use asset</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl" xml:lang="en-US">Restricted cash</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Fair value of derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="ifrs-full_OtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentAssets_lbl" xml:lang="en-US">Other non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentAssets_lbl" xml:lang="en-US">Total non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="ifrs-full_CurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xml:lang="en-US">CURRENT ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xml:lang="en-US">Trade receivables, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Inventories" xlink:label="ifrs-full_Inventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Inventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets" xlink:label="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets" xlink:to="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets_lbl" xml:lang="en-US">Prepayments and other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InsuranceContractsThatAreAssets" xlink:label="ifrs-full_InsuranceContractsThatAreAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InsuranceContractsThatAreAssets" xlink:to="ifrs-full_InsuranceContractsThatAreAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InsuranceContractsThatAreAssets_lbl" xml:lang="en-US">Insurance claims</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_CurrentRestrictedCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents_lbl" xml:lang="en-US">Restricted cash</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssets" xlink:label="ifrs-full_CurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentAssets_lbl" xml:lang="en-US">Total current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xml:lang="en-US">EQUITY AND LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAbstract" xlink:label="ifrs-full_EquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US">EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssuedCapital" xlink:label="ifrs-full_IssuedCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US">Issued share capital</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharePremium" xlink:label="ifrs-full_SharePremium" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremium" xlink:to="ifrs-full_SharePremium_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharePremium_lbl" xml:lang="en-US">Share premium</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetainedEarnings" xlink:label="ifrs-full_RetainedEarnings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarnings_lbl" xml:lang="en-US">Accumulated deficit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US">Total equity</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NoncurrentLiabilitiesIAbstract" xlink:label="glbs_NoncurrentLiabilitiesIAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NoncurrentLiabilitiesIAbstract" xlink:to="glbs_NoncurrentLiabilitiesIAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NoncurrentLiabilitiesIAbstract_lbl" xml:lang="en-US">NON-CURRENT LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LongtermBorrowings" xlink:label="ifrs-full_LongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermBorrowings_lbl" xml:lang="en-US">Long-term borrowings, net of current portion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xml:lang="en-US">Provision for staff retirement indemnities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="ifrs-full_NoncurrentLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl" xml:lang="en-US">Lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="ifrs-full_NoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xml:lang="en-US">Total non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="ifrs-full_CurrentLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xml:lang="en-US">CURRENT LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xml:lang="en-US">Current portion of long-term borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayables" xlink:label="ifrs-full_TradeAndOtherCurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl" xml:lang="en-US">Trade accounts payable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:to="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_lbl" xml:lang="en-US">Accrued liabilities and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="ifrs-full_CurrentLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl" xml:lang="en-US">Current portion of lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Current portion of fair value of derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DeferredIncomeIncludingContractLiabilities" xlink:label="ifrs-full_DeferredIncomeIncludingContractLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredIncomeIncludingContractLiabilities" xlink:to="ifrs-full_DeferredIncomeIncludingContractLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredIncomeIncludingContractLiabilities_lbl" xml:lang="en-US">Deferred revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl" xml:lang="en-US">Total current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US">TOTAL LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US">TOTAL EQUITY AND LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="ifrs-full_StatementOfChangesInEquityTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityTable" xlink:to="ifrs-full_StatementOfChangesInEquityTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityTable_lbl" xml:lang="en-US">Statement of changes in equity [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_2_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_2_lbl" xml:lang="en-US">Total comprehensive loss for the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments" xlink:label="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments" xlink:to="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments_lbl" xml:lang="en-US">Issuance of common shares due to conversion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IssueOfEquity" xlink:label="ifrs-full_IssueOfEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US">Issuance of new common shares (Note 6)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_lbl" xml:lang="en-US">Issuance of new common shares due to exercise of Warrants (Note 6)</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IssueOfPreferredShares" xlink:label="glbs_IssueOfPreferredShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_IssueOfPreferredShares_lbl" xml:lang="en-US">Issuance of Class B preferred shares (Note 6)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="ifrs-full_ShareIssueRelatedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl" xml:lang="en-US">Transaction costs on issue of new common shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xml:lang="en-US">Share-based payments (Note 9)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_3_lbl" xml:lang="en-US">Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Operating activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_2_lbl" xml:lang="en-US">Loss for the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xml:lang="en-US">Adjustments for:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDepreciationExpense" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:label="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:to="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_lbl" xml:lang="en-US">Depreciation of deferred dry-docking costs</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PaymentsOfDeferredDryDockingCosts" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfDeferredDryDockingCosts" xlink:to="glbs_PaymentsOfDeferredDryDockingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts_lbl" xml:lang="en-US">Payment of deferred dry-docking costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="ifrs-full_AdjustmentsForProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xml:lang="en-US">Provision for staff retirement indemnities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Impairment loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">Loss on derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForFinanceCosts" xlink:label="ifrs-full_AdjustmentsForFinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceCosts" xlink:to="ifrs-full_AdjustmentsForFinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForFinanceCosts_lbl" xml:lang="en-US">Interest expense and finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForInterestIncome" xlink:label="ifrs-full_AdjustmentsForInterestIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForInterestIncome" xlink:to="ifrs-full_AdjustmentsForInterestIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForInterestIncome_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:label="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_lbl" xml:lang="en-US">Foreign exchange gains, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xml:lang="en-US">Share based payment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl" xml:lang="en-US">Trade receivables, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_lbl" xml:lang="en-US">Prepayments and other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities_lbl" xml:lang="en-US">Insurance claims</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl" xml:lang="en-US">Trade accounts payable</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_lbl" xml:lang="en-US">Accrued liabilities and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl" xml:lang="en-US">Deferred revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash generated from / (used in) operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from investing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Vessel acquisition</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CashPaymentsForImprovements" xlink:label="glbs_CashPaymentsForImprovements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashPaymentsForImprovements" xlink:to="glbs_CashPaymentsForImprovements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_CashPaymentsForImprovements_lbl" xml:lang="en-US">Improvements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Advance for vessel acquisition</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Purchases of office furniture and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:label="ifrs-full_InterestReceivedClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestReceivedClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Interest received</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US">Net cash (used in) / generated from investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from financing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Proceeds from loans</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Repayment of long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentPrepaymentAmount" xlink:label="glbs_DebtInstrumentPrepaymentAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPrepaymentAmount" xlink:to="glbs_DebtInstrumentPrepaymentAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="glbs_DebtInstrumentPrepaymentAmount_lbl" xml:lang="en-US">Prepayment of long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProceedsFromIssuingShares" xlink:label="ifrs-full_ProceedsFromIssuingShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssuingShares" xlink:to="ifrs-full_ProceedsFromIssuingShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromIssuingShares_lbl" xml:lang="en-US">Proceeds from issuance of share capital</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ProceedsFromWarrantExercises" xlink:label="glbs_ProceedsFromWarrantExercises" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProceedsFromWarrantExercises" xlink:to="glbs_ProceedsFromWarrantExercises_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ProceedsFromWarrantExercises_lbl" xml:lang="en-US">Proceeds from exercise of Warrants</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsForShareIssueCosts" xlink:label="ifrs-full_PaymentsForShareIssueCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForShareIssueCosts" xlink:to="ifrs-full_PaymentsForShareIssueCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsForShareIssueCosts_lbl" xml:lang="en-US">Transaction costs on issue of new common shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:label="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents_lbl" xml:lang="en-US">Increase in restricted cash</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Repayment of lease liability</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_PaymentsForDebtIssueCosts" xlink:label="ifrs-full_PaymentsForDebtIssueCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDebtIssueCosts" xlink:to="ifrs-full_PaymentsForDebtIssueCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsForDebtIssueCosts_lbl" xml:lang="en-US">Payment of financing costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Interest paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US">Net cash generated from financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xml:lang="en-US">Net increase in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_CashAndCashEquivalents_2_lbl" xml:lang="en-US">Cash and cash equivalents at the beginning of the period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_CashAndCashEquivalents_3_lbl" xml:lang="en-US">Cash and cash equivalents at the end of the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_lbl" xml:lang="en-US">Disclosure of subsidiaries [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xml:lang="en-US">Basis of presentation and general information</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract_lbl" xml:lang="en-US">Disclosure of initial application of standards or interpretations [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xml:lang="en-US">Significant Accounting Policies and recent accounting pronouncements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsAbstract" xlink:to="ifrs-full_CashAndCashEquivalentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract_lbl" xml:lang="en-US">Cash and cash equivalents [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl" xml:lang="en-US">Cash and cash equivalents and Restricted cash</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl" xml:lang="en-US">Disclosure of transactions between related parties [abstract]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">Vessels, net</link:label>
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="ifrs-full_EarningsPerShareAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xml:lang="en-US">Earnings per share [abstract]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xml:lang="en-US">Loss per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract_lbl" xml:lang="en-US">Disclosure of detailed information about borrowings [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xml:lang="en-US">Long-Term Debt, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesExplanatory_lbl" xml:lang="en-US">Contingencies</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" xlink:label="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract_lbl" xml:lang="en-US">Commitments</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory_lbl" xml:lang="en-US">Commitments</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementExplanatory_lbl" xml:lang="en-US">Fair values</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
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      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory" xlink:label="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:label="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" />
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      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:label="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:to="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_lbl" xml:lang="en-US">Long-Term Debt, net - Consolidated statement of financial position</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:label="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:to="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_lbl" xml:lang="en-US">Long-Term Debt, net - Annual loan principal payments</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfShareBasedPayment" xlink:label="glbs_DisclosureOfShareBasedPayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfShareBasedPayment" xlink:to="glbs_DisclosureOfShareBasedPayment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="glbs_DisclosureOfShareBasedPayment_lbl" xml:lang="en-US">Share Based Payment</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:label="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:to="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_lbl" xml:lang="en-US">Commitments - Future minimum lease revenues receivable under non-cancellable operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfFairValuesExplanatory" xlink:label="glbs_DisclosureOfFairValuesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFairValuesExplanatory" xlink:to="glbs_DisclosureOfFairValuesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfFairValuesExplanatory_lbl" xml:lang="en-US">Fair values - Fair value measurement</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:label="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:to="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_lbl" xml:lang="en-US">Fair values - Valuation techniques and significant unobservable inputs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_lbl" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_lbl" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" xlink:to="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary_lbl" xml:lang="en-US">Country of incorporation of subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_VesselDeliveryDate" xlink:label="glbs_VesselDeliveryDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselDeliveryDate" xlink:to="glbs_VesselDeliveryDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_VesselDeliveryDate_lbl" xml:lang="en-US">Vessel Delivery Date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NameOfSubsidiary" xlink:label="ifrs-full_NameOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NameOfSubsidiary" xlink:to="ifrs-full_NameOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NameOfSubsidiary_lbl" xml:lang="en-US">Name of subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DomicileOfEntity" xlink:label="ifrs-full_DomicileOfEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DomicileOfEntity" xlink:to="ifrs-full_DomicileOfEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DomicileOfEntity_lbl" xml:lang="en-US">Domicile of entity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:label="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:to="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_lbl" xml:lang="en-US">Description of nature of entity's operations and principal activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport" xlink:label="ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport" xlink:to="ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport_lbl" xml:lang="en-US">Description of compliance with IFRS financial report</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CurrentAssetsLiabilities" xlink:label="ifrs-full_CurrentAssetsLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsLiabilities" xlink:to="ifrs-full_CurrentAssetsLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsLiabilities_lbl" xml:lang="en-US">Working capital surplus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashOnHand" xlink:label="ifrs-full_CashOnHand" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashOnHand" xlink:to="ifrs-full_CashOnHand_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashOnHand_lbl" xml:lang="en-US">Cash on hand</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BalancesWithBanks" xlink:label="ifrs-full_BalancesWithBanks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BalancesWithBanks" xlink:to="ifrs-full_BalancesWithBanks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BalancesWithBanks_lbl" xml:lang="en-US">Cash at banks</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashAndCashEquivalents_4_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RestrictedCashAndCashEquivalents" xlink:label="ifrs-full_RestrictedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestrictedCashAndCashEquivalents" xlink:to="ifrs-full_RestrictedCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RestrictedCashAndCashEquivalents_lbl" xml:lang="en-US">Restricted cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_CurrentRestrictedCashAndCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents_2_lbl" xml:lang="en-US">Current restricted cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_2_lbl" xml:lang="en-US">Non-current restricted cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xlink:to="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding_lbl" xml:lang="en-US">Increase (decrease) in number of shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ParValuePerShare" xlink:label="ifrs-full_ParValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ParValuePerShare_lbl" xml:lang="en-US">Par value per share</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="glbs_IssueOfPreferredShares_2_lbl" xml:lang="en-US">Issuance of Class B preferred shares</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_VotingRights" xlink:label="glbs_VotingRights" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VotingRights" xlink:to="glbs_VotingRights_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_VotingRights_lbl" xml:lang="en-US">Voting Rights</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:label="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates" xlink:to="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_lbl" xml:lang="en-US">Number of shares in entity held by entity or by its subsidiaries or associates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Ships" xlink:to="ifrs-full_Ships_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Ships_2_lbl" xml:lang="en-US">Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_lbl" xml:lang="en-US">Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationAndAmortisationExpense" xlink:label="ifrs-full_DepreciationAndAmortisationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl" xml:lang="en-US">Depreciation &amp; Amortization</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Ships" xlink:to="ifrs-full_Ships_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Ships_3_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_VesselYearBuilt" xlink:label="glbs_VesselYearBuilt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselYearBuilt" xlink:to="glbs_VesselYearBuilt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_VesselYearBuilt_lbl" xml:lang="en-US">Vessel year built</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_VesselType" xlink:label="glbs_VesselType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselType" xlink:to="glbs_VesselType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_VesselType_lbl" xml:lang="en-US">Vessel type</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_2_lbl" xml:lang="en-US">Purchase price</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_VesselCapacity" xlink:label="glbs_VesselCapacity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselCapacity" xlink:to="glbs_VesselCapacity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_VesselCapacity_lbl" xml:lang="en-US">Vessel Capacity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_2_lbl" xml:lang="en-US">Cash advances and loans made to other parties, classified as investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PercentatgeOfPurchasePrice" xlink:label="glbs_PercentatgeOfPurchasePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentatgeOfPurchasePrice" xlink:to="glbs_PercentatgeOfPurchasePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_PercentatgeOfPurchasePrice_lbl" xml:lang="en-US">Percentatge of purchase price</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Vessel cost</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DryDockingCostCapitalised" xlink:label="glbs_DryDockingCostCapitalised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryDockingCostCapitalised" xlink:to="glbs_DryDockingCostCapitalised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DryDockingCostCapitalised_lbl" xml:lang="en-US">Dry-docking cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xml:lang="en-US">Impairment loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="ifrs-full_NumberOfSharesAuthorised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesAuthorised" xlink:to="ifrs-full_NumberOfSharesAuthorised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesAuthorised_lbl" xml:lang="en-US">Number of shares authorised</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ValueOfSharesAuthorised" xlink:label="glbs_ValueOfSharesAuthorised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ValueOfSharesAuthorised" xlink:to="glbs_ValueOfSharesAuthorised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ValueOfSharesAuthorised_lbl" xml:lang="en-US">Value of shares authorised</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_IssuedCapital_2_lbl" xml:lang="en-US">Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_lbl" xml:lang="en-US">Issued during the period for share based compensation (Note 9)</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_lbl" xml:lang="en-US">Issuance of common stocks due conversion of loan (Note 8)</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_lbl" xml:lang="en-US">Issuance of new common stocks</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IssueOfEquity_2_lbl" xml:lang="en-US">Issuance of new common stocks</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_lbl" xml:lang="en-US">Issuance of common stock due to exercise of pre-funded warrants</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_2_lbl" xml:lang="en-US">Issuance of common stock due to exercise of pre-funded warrants</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_2_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_IssuedCapital_3_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ParValuePerShare_2_lbl" xml:lang="en-US">Par value per share | $ / shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="glbs_IssueOfPreferredShares_3_lbl" xml:lang="en-US">Issuance of preferred shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="ifrs-full_NumberOfSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US">Number of shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_lbl" xml:lang="en-US">Issuance of common stock due to exercise of warrants</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfSharesCalledByWarrants" xlink:label="glbs_NumberOfSharesCalledByWarrants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesCalledByWarrants" xlink:to="glbs_NumberOfSharesCalledByWarrants_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NumberOfSharesCalledByWarrants_lbl" xml:lang="en-US">Number of shares called by warrants</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:to="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" xml:lang="en-US">Exercise price of outstanding share options</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssuingShares" xlink:to="ifrs-full_ProceedsFromIssuingShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProceedsFromIssuingShares_2_lbl" xml:lang="en-US">Proceeds from issuing shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareIssueRelatedCost_2_lbl" xml:lang="en-US">Share issue related cost</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfWarrantsOutstanding" xlink:label="glbs_NumberOfWarrantsOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfWarrantsOutstanding" xlink:to="glbs_NumberOfWarrantsOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NumberOfWarrantsOutstanding_lbl" xml:lang="en-US">Number of outstanding warrants</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US">Loss attributable to common equity holders</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_WeightedAverageShares" xlink:label="ifrs-full_WeightedAverageShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US">Weighted average number of shares for basic and diluted LPS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsGross" xlink:label="glbs_BorrowingsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsGross" xlink:to="glbs_BorrowingsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_BorrowingsGross_lbl" xml:lang="en-US">Loan Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentUnamortisedDiscount" xlink:label="glbs_DebtInstrumentUnamortisedDiscount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentUnamortisedDiscount" xlink:to="glbs_DebtInstrumentUnamortisedDiscount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DebtInstrumentUnamortisedDiscount_lbl" xml:lang="en-US">Unamortized Debt Discount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_Borrowings" xlink:label="ifrs-full_Borrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Borrowings_lbl" xml:lang="en-US">Total Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:label="glbs_CurrentPortionOfLongTermBorrowingsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:to="glbs_CurrentPortionOfLongTermBorrowingsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CurrentPortionOfLongTermBorrowingsGross_lbl" xml:lang="en-US">Loan Balance - Current Portion</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:label="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:to="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_lbl" xml:lang="en-US">Unamortized Debt Discount- Current Portion</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_2_lbl" xml:lang="en-US">Total Borrowings - Current Portion</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LongTermBorrowingsGross" xlink:label="glbs_LongTermBorrowingsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermBorrowingsGross" xlink:to="glbs_LongTermBorrowingsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LongTermBorrowingsGross_lbl" xml:lang="en-US">Loan Balance - Long-Term Portion</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:label="glbs_LongTermDebtInstrumentUnamortisedDiscount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:to="glbs_LongTermDebtInstrumentUnamortisedDiscount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_LongTermDebtInstrumentUnamortisedDiscount_lbl" xml:lang="en-US">Unamortized Debt Discount - Long-Term Portion</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LongtermBorrowings_2_lbl" xml:lang="en-US">Total Borrowings - Long-Term Portion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:label="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_lbl" xml:lang="en-US">Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotionalAmount" xlink:label="ifrs-full_NotionalAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US">Notional amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsInterestRateBasis" xlink:label="ifrs-full_BorrowingsInterestRateBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRateBasis" xlink:to="ifrs-full_BorrowingsInterestRateBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsInterestRateBasis_lbl" xml:lang="en-US">Borrowings, interest rate basis</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:label="ifrs-full_BorrowingsAdjustmentToInterestRateBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:to="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl" xml:lang="en-US">Borrowings, adjustment to interest rate basis</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPrepaymentAmount" xlink:to="glbs_DebtInstrumentPrepaymentAmount_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DebtInstrumentPrepaymentAmount_2_lbl" xml:lang="en-US">Prepayment of long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfLoanTranches" xlink:label="glbs_NumberOfLoanTranches" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfLoanTranches" xlink:to="glbs_NumberOfLoanTranches_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_NumberOfLoanTranches_lbl" xml:lang="en-US">Number of loan tranches</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsDefaultInterestRate" xlink:label="glbs_BorrowingsDefaultInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsDefaultInterestRate" xlink:to="glbs_BorrowingsDefaultInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_BorrowingsDefaultInterestRate_lbl" xml:lang="en-US">Borrowings Default Interest Rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RepaymentsOfCurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xml:lang="en-US">Repayments of current borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UndrawnBorrowingFacilities" xlink:label="ifrs-full_UndrawnBorrowingFacilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndrawnBorrowingFacilities" xlink:to="ifrs-full_UndrawnBorrowingFacilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UndrawnBorrowingFacilities_lbl" xml:lang="en-US">Undrawn borrowing facilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_BorrowingsMaturity" xlink:label="ifrs-full_BorrowingsMaturity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsMaturity_lbl" xml:lang="en-US">Borrowings, maturity</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:label="glbs_ProportionOfOwnershipInterestsHeldByControllingParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:to="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_lbl" xml:lang="en-US">Percentage of ownership in Globus Maritime Ltd.</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NotesAndDebenturesIssued" xlink:label="ifrs-full_NotesAndDebenturesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotesAndDebenturesIssued" xlink:to="ifrs-full_NotesAndDebenturesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotesAndDebenturesIssued_lbl" xml:lang="en-US">Notes issued</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentConvertibleConversionPrice" xlink:label="glbs_DebtInstrumentConvertibleConversionPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionPrice" xlink:to="glbs_DebtInstrumentConvertibleConversionPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DebtInstrumentConvertibleConversionPrice_lbl" xml:lang="en-US">Debt Instrument Convertible Conversion Price</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentInterestRateStatedPercentage" xlink:label="glbs_DebtInstrumentInterestRateStatedPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentInterestRateStatedPercentage" xlink:to="glbs_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Proceeds from borrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsGross" xlink:to="glbs_BorrowingsGross_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="glbs_BorrowingsGross_2_lbl" xml:lang="en-US">Long -term borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Non-current derivative financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:label="ifrs-full_RepaymentsOfBondsNotesAndDebentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBondsNotesAndDebentures" xlink:to="ifrs-full_RepaymentsOfBondsNotesAndDebentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfBondsNotesAndDebentures_lbl" xml:lang="en-US">Repayments of bonds, notes and debentures</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_2_lbl" xml:lang="en-US">Gains (losses) on change in fair value of derivatives</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_EarningsPerShareTable" xlink:label="ifrs-full_EarningsPerShareTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareTable" xlink:to="ifrs-full_EarningsPerShareTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareTable_lbl" xml:lang="en-US">Earnings per share [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:to="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl" xml:lang="en-US">Increase (decrease) in number of ordinary shares issued</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_2_lbl" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems" xlink:label="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems" xlink:to="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems_lbl" xml:lang="en-US">DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:to="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromRenderingOfServices" xlink:to="ifrs-full_RevenueFromRenderingOfServices_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RevenueFromRenderingOfServices_2_lbl" xml:lang="en-US">Revenue from rendering of services</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_OperatingLeaseIncome" xlink:label="ifrs-full_OperatingLeaseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingLeaseIncome" xlink:to="ifrs-full_OperatingLeaseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingLeaseIncome_lbl" xml:lang="en-US">Operating lease income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RightofuseAssets_2_lbl" xml:lang="en-US">Right-of-use assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_LeaseLiabilities" xlink:label="ifrs-full_LeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LeaseLiabilities_lbl" xml:lang="en-US">Lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DepreciationRightofuseAssets" xlink:label="ifrs-full_DepreciationRightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xml:lang="en-US">Interest expense on lease liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLeaseLiabilities_2_lbl" xml:lang="en-US">Current lease liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_2_lbl" xml:lang="en-US">Non-current lease liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_3_lbl" xml:lang="en-US">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_2_lbl" xml:lang="en-US">Non-current derivative financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US">Financial liabilities, at fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_FinancialLiabilities" xlink:label="ifrs-full_FinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US">Financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_lbl" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RealEstateDescriptionTypeOfPropertyAxis" xlink:to="glbs_RealEstateDescriptionTypeOfPropertyAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="glbs_RealEstateDescriptionTypeOfPropertyAxis_2_lbl" xml:lang="en-US">RealEstateDescriptionTypeOfPropertyAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DailyFeeAndCommissionIncome" xlink:label="glbs_DailyFeeAndCommissionIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DailyFeeAndCommissionIncome" xlink:to="glbs_DailyFeeAndCommissionIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DailyFeeAndCommissionIncome_lbl" xml:lang="en-US">Daily fee of consultancy</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MonthlyRentalExpense" xlink:label="glbs_MonthlyRentalExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MonthlyRentalExpense" xlink:to="glbs_MonthlyRentalExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_MonthlyRentalExpense_lbl" xml:lang="en-US">Monthly Rental Expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselDeliveryDate" xlink:to="glbs_VesselDeliveryDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="glbs_VesselDeliveryDate_2_lbl" xml:lang="en-US">Expected delivery date</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AccruedAuditFeesCurrent" xlink:label="glbs_AccruedAuditFeesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedAuditFeesCurrent" xlink:to="glbs_AccruedAuditFeesCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AccruedAuditFeesCurrent_doc" xml:lang="en-US">The amount of current audit fees payable.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AccruedDirectorsCompensation" xlink:label="glbs_AccruedDirectorsCompensation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccruedDirectorsCompensation" xlink:to="glbs_AccruedDirectorsCompensation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AccruedDirectorsCompensation_doc" xml:lang="en-US">Carrying value as of the balance sheet date of the obligations incurred through that date and payable for directors' services provided.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" xlink:label="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill" xlink:to="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AccumulatedAmortizationOfIntangibleAssetsOtherThanGoodwill_doc" xml:lang="en-US">Accumulated amortization of intangible assets at the end of the reporting period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AccumulatedDepreciationPropertyPlantAndEquipment_doc" xml:lang="en-US">Amount of accumulated depreciation for physical assets used in the normal conduct of business to produce goods and services.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" xlink:label="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment" xlink:to="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AccumulatedDepreciationSaleOfPropertyPlantAndEquipment_doc" xml:lang="en-US">Amount of decrease in accumulated depreciation as a result of sale or disposal of property, plant and equipment.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AccumulatedDepreciationSaleOfSubsidiary" xlink:label="glbs_AccumulatedDepreciationSaleOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AccumulatedDepreciationSaleOfSubsidiary" xlink:to="glbs_AccumulatedDepreciationSaleOfSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AccumulatedDepreciationSaleOfSubsidiary_doc" xml:lang="en-US">Amount of decrease in accumulated depreciation as a result of sale of subsidiary.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AdjustedBookCapiltaisationPlusNetDebt" xlink:label="glbs_AdjustedBookCapiltaisationPlusNetDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustedBookCapiltaisationPlusNetDebt" xlink:to="glbs_AdjustedBookCapiltaisationPlusNetDebt_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AdjustedBookCapiltaisationPlusNetDebt_doc" xml:lang="en-US">The adjusted amount of assets less the amount of liabilities taking into consideration all required fair value adjustments plus the amount of net debt of the entity.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AdjustedBookCapitalisation" xlink:label="glbs_AdjustedBookCapitalisation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustedBookCapitalisation" xlink:to="glbs_AdjustedBookCapitalisation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AdjustedBookCapitalisation_doc" xml:lang="en-US">The adjusted amount of assets less the amount of liabilities taking into consideration all required fair value adjustments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts" xlink:to="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts_doc" xml:lang="en-US">Adjustments for depreciation expense of deferred dry-docking costs to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_doc" xml:lang="en-US">Adjustments for increase (decrease) in accrued liabilities and other payables to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInDeferredRevenue_doc" xml:lang="en-US">Adjustments for increase (decrease) in deferred revenue to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:to="glbs_AdministrativeExpenseRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions_doc" xml:lang="en-US">The amount of expenses that the entity classifies as being administrative resulting from related party transactions.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AllowanceForDoubtfulTradeReceivables" xlink:label="glbs_AllowanceForDoubtfulTradeReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AllowanceForDoubtfulTradeReceivables" xlink:to="glbs_AllowanceForDoubtfulTradeReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AllowanceForDoubtfulTradeReceivables_doc" xml:lang="en-US">A valuation allowance for trade receivables due from companies that are expected to be uncollectible.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AmortizationOfDebtDiscount" xlink:label="glbs_AmortizationOfDebtDiscount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmortizationOfDebtDiscount" xlink:to="glbs_AmortizationOfDebtDiscount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AmortizationOfDebtDiscount_doc" xml:lang="en-US">Amount of noncash expense included in finance costs to amortize debt discount associated with the related debt instruments.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AmountDeferredToTheBalloonPayment" xlink:label="glbs_AmountDeferredToTheBalloonPayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmountDeferredToTheBalloonPayment" xlink:to="glbs_AmountDeferredToTheBalloonPayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AmountDeferredToTheBalloonPayment_doc" xml:lang="en-US">The amount deferred to the balloon payment after the amendment of the relevant loan agreement.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AmountOfEquityToBeRaised" xlink:label="glbs_AmountOfEquityToBeRaised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AmountOfEquityToBeRaised" xlink:to="glbs_AmountOfEquityToBeRaised_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AmountOfEquityToBeRaised_doc" xml:lang="en-US">The amount of new equity that the company has to raise, as required by loan agreement covenants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ApplicableGracePeriod" xlink:label="glbs_ApplicableGracePeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ApplicableGracePeriod" xlink:to="glbs_ApplicableGracePeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ApplicableGracePeriod_doc" xml:lang="en-US">The applicable grace period to regain compliance for failing to meet the minimum bid price continued listing citeria for the Nasdaq Capital Market.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AssumedExpectedVolatilityRate" xlink:label="glbs_AssumedExpectedVolatilityRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumedExpectedVolatilityRate" xlink:to="glbs_AssumedExpectedVolatilityRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AssumedExpectedVolatilityRate_doc" xml:lang="en-US">The assumed daily volatility for the 6 month period preceding the valuation date.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates" xlink:label="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates" xlink:to="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AssumptionOfAnnualGrowthRatesOfTimeCharterRates_doc" xml:lang="en-US">The expected annual growth rate of time charter rates used as an assumption to determine the discounted future cash flows of each vessel.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AssumptionOfExpectedRatesOfInflation" xlink:label="glbs_AssumptionOfExpectedRatesOfInflation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfExpectedRatesOfInflation" xlink:to="glbs_AssumptionOfExpectedRatesOfInflation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AssumptionOfExpectedRatesOfInflation_doc" xml:lang="en-US">The expected rate of inflation that is used as an assumption to determine the discounted future cash flows of each vessel.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AssumptionOfFleetUtilisationRate" xlink:label="glbs_AssumptionOfFleetUtilisationRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AssumptionOfFleetUtilisationRate" xlink:to="glbs_AssumptionOfFleetUtilisationRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AssumptionOfFleetUtilisationRate_doc" xml:lang="en-US">The expected fleet utilisation rate that is used as an assumption to determine the discounted future cash flows of each vessel.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_AverageLogarithmicPriceChangeAssumed" xlink:label="glbs_AverageLogarithmicPriceChangeAssumed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AverageLogarithmicPriceChangeAssumed" xlink:to="glbs_AverageLogarithmicPriceChangeAssumed_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_AverageLogarithmicPriceChangeAssumed_doc" xml:lang="en-US">The average logarithmic price change during the 6 month historical period, incorporated in the Monte Carlo simulation.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BackEndFeePercentage" xlink:label="glbs_BackEndFeePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BackEndFeePercentage" xlink:to="glbs_BackEndFeePercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BackEndFeePercentage_doc" xml:lang="en-US">Back-end fee calculated as a percentage per annum of the outstanding principal amount of the loan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsDefaultInterestRate" xlink:to="glbs_BorrowingsDefaultInterestRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsDefaultInterestRate_doc" xml:lang="en-US">The default interest per annum above the regular interest charged, in case of failure to repay.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsFaceAmount" xlink:label="glbs_BorrowingsFaceAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsFaceAmount" xlink:to="glbs_BorrowingsFaceAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsFaceAmount_doc" xml:lang="en-US">Face (par) amount of debt instrument at time of issuance.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:label="glbs_BorrowingsFrequencyOfPeriodicPayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsFrequencyOfPeriodicPayment" xlink:to="glbs_BorrowingsFrequencyOfPeriodicPayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsFrequencyOfPeriodicPayment_doc" xml:lang="en-US">Description of the frequency of periodic payments (monthly, quarterly, annual).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsGross" xlink:to="glbs_BorrowingsGross_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsGross_doc" xml:lang="en-US">Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsNumberOfPeriodicPayments" xlink:label="glbs_BorrowingsNumberOfPeriodicPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsNumberOfPeriodicPayments" xlink:to="glbs_BorrowingsNumberOfPeriodicPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsNumberOfPeriodicPayments_doc" xml:lang="en-US">The number of periodic payments.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsPercentageBearingFixedInterestRate" xlink:label="glbs_BorrowingsPercentageBearingFixedInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPercentageBearingFixedInterestRate" xlink:to="glbs_BorrowingsPercentageBearingFixedInterestRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsPercentageBearingFixedInterestRate_doc" xml:lang="en-US">The percentage of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a set, unchanging rate.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsPeriodicPayment" xlink:label="glbs_BorrowingsPeriodicPayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPeriodicPayment" xlink:to="glbs_BorrowingsPeriodicPayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsPeriodicPayment_doc" xml:lang="en-US">Amount of the required periodic payments including both interest and principal payments.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:to="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_doc" xml:lang="en-US">Amount of payment greater than the preceding installment payments to be paid at final maturity date of debt.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BunkerInventoryCurrent" xlink:label="glbs_BunkerInventoryCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BunkerInventoryCurrent" xlink:to="glbs_BunkerInventoryCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BunkerInventoryCurrent_doc" xml:lang="en-US">Carrying amount as of the balance sheet date of bunkers' inventory.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_CashAndCashEquivalentsFairValueDisclosure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_CashAndCashEquivalentsFairValueDisclosure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CashAndCashEquivalentsFairValueDisclosure_doc" xml:lang="en-US">Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_doc" xml:lang="en-US">Amount of cash and cash equivalents including cash and cash equivalents restricted to withdrawal or usage</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CashSegregatedUnderCovenantRequirements" xlink:label="glbs_CashSegregatedUnderCovenantRequirements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashSegregatedUnderCovenantRequirements" xlink:to="glbs_CashSegregatedUnderCovenantRequirements_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CashSegregatedUnderCovenantRequirements_doc" xml:lang="en-US">Cash deposited in a special reserve account pursuant to debt covenant requirements.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ClosingStockPrice" xlink:label="glbs_ClosingStockPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ClosingStockPrice" xlink:to="glbs_ClosingStockPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ClosingStockPrice_doc" xml:lang="en-US">The last&amp;#160;price&amp;#160;at which the&amp;#160;stock&amp;#160;traded during the regular trading day.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CompensatingBalanceAmount" xlink:label="glbs_CompensatingBalanceAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CompensatingBalanceAmount" xlink:to="glbs_CompensatingBalanceAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CompensatingBalanceAmount_doc" xml:lang="en-US">The amount of a specific compensating balance arrangement that is maintained, under an agreement for a bank loan.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CompensatingBalanceAmountPerVessel" xlink:label="glbs_CompensatingBalanceAmountPerVessel" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CompensatingBalanceAmountPerVessel" xlink:to="glbs_CompensatingBalanceAmountPerVessel_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CompensatingBalanceAmountPerVessel_doc" xml:lang="en-US">The amount of a specific compensating balance arrangement that is maintained per vessel, under an agreement for a bank loan.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ConsultingFeesExpense" xlink:label="glbs_ConsultingFeesExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConsultingFeesExpense" xlink:to="glbs_ConsultingFeesExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ConsultingFeesExpense_doc" xml:lang="en-US">The amount of fees paid or payable for consulting fees.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ConvertibleDebtIncludingEmbeddedDerivative" xlink:label="glbs_ConvertibleDebtIncludingEmbeddedDerivative" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConvertibleDebtIncludingEmbeddedDerivative" xlink:to="glbs_ConvertibleDebtIncludingEmbeddedDerivative_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ConvertibleDebtIncludingEmbeddedDerivative_doc" xml:lang="en-US">Amount of convertible debt, including the amount of the embedded derivative component.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ConvertibleNotesRedemptionPricePercentage" xlink:label="glbs_ConvertibleNotesRedemptionPricePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ConvertibleNotesRedemptionPricePercentage" xlink:to="glbs_ConvertibleNotesRedemptionPricePercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ConvertibleNotesRedemptionPricePercentage_doc" xml:lang="en-US">Percentage price of original principal amount of Convertible Notes at which debt can be redeemed by the issuer.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CreditFacilityAxis" xlink:label="glbs_CreditFacilityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CreditFacilityAxis" xlink:to="glbs_CreditFacilityAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CreditFacilityAxis_doc" xml:lang="en-US">Information by type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CurrentInsuranceDeductibles" xlink:label="glbs_CurrentInsuranceDeductibles" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentInsuranceDeductibles" xlink:to="glbs_CurrentInsuranceDeductibles_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CurrentInsuranceDeductibles_doc" xml:lang="en-US">The amount of current insurance deductibles payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount" xlink:to="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount_doc" xml:lang="en-US">The current portion of debt discount, after accumulated amortization.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentPortionOfLongTermBorrowingsGross" xlink:to="glbs_CurrentPortionOfLongTermBorrowingsGross_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CurrentPortionOfLongTermBorrowingsGross_doc" xml:lang="en-US">The current portion of  long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xml:lang="en-US">The fair value of current cash and cash equivalent items which are restricted as to withdrawal or usage.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DailyConsultingFeeIncome" xlink:label="glbs_DailyConsultingFeeIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DailyConsultingFeeIncome" xlink:to="glbs_DailyConsultingFeeIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DailyConsultingFeeIncome_doc" xml:lang="en-US">The amount of daily income relating to consulting fee income.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:label="glbs_DebtInstrumentConvertibleConversionMultiplier" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionMultiplier" xlink:to="glbs_DebtInstrumentConvertibleConversionMultiplier_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentConvertibleConversionMultiplier_doc" xml:lang="en-US">The multiplier used in order to calculate the price per share of the conversion feature embedded in the debt instrument.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleConversionPrice" xlink:to="glbs_DebtInstrumentConvertibleConversionPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentConvertibleConversionPrice_doc" xml:lang="en-US">The price per share of the conversion feature embedded in the debt instrument.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentConvertibleRemainingTradingDays" xlink:label="glbs_DebtInstrumentConvertibleRemainingTradingDays" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleRemainingTradingDays" xlink:to="glbs_DebtInstrumentConvertibleRemainingTradingDays_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentConvertibleRemainingTradingDays_doc" xml:lang="en-US">The number of remaining trading days of convertible debt instrument.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentConvertibleThresholdTradingDays" xlink:label="glbs_DebtInstrumentConvertibleThresholdTradingDays" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentConvertibleThresholdTradingDays" xlink:to="glbs_DebtInstrumentConvertibleThresholdTradingDays_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentConvertibleThresholdTradingDays_doc" xml:lang="en-US">Threshold number of specified consecutive trading days immediately preceding the date on which the Conversion Notice was executed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentInterestRateStatedPercentage" xlink:to="glbs_DebtInstrumentInterestRateStatedPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentInterestRateStatedPercentage_doc" xml:lang="en-US">Contractual interest rate for funds borrowed, under the debt agreement.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentPaymentPeriodAxis" xlink:label="glbs_DebtInstrumentPaymentPeriodAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPaymentPeriodAxis" xlink:to="glbs_DebtInstrumentPaymentPeriodAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentPaymentPeriodAxis_doc" xml:lang="en-US">Information about timing of debt payments features under terms of the debt agreement.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentPaymentPeriodMember" xlink:label="glbs_DebtInstrumentPaymentPeriodMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPaymentPeriodMember" xlink:to="glbs_DebtInstrumentPaymentPeriodMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentPaymentPeriodMember_doc" xml:lang="en-US">Period as defined under terms of the debt agreement for debt payment features.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtInstrumentPaymentPeriodOneMember" xlink:label="glbs_DebtInstrumentPaymentPeriodOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPaymentPeriodOneMember" xlink:to="glbs_DebtInstrumentPaymentPeriodOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentPaymentPeriodOneMember_doc" xml:lang="en-US">Period one representing not later than one year period of debt payment under terms of the debt agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentPrepaymentAmount" xlink:to="glbs_DebtInstrumentPrepaymentAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentPrepaymentAmount_doc" xml:lang="en-US">Amount of debt prepaid during the reporting period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtInstrumentUnamortisedDiscount" xlink:to="glbs_DebtInstrumentUnamortisedDiscount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtInstrumentUnamortisedDiscount_doc" xml:lang="en-US">Amount, after accumulated amortization, of debt discount.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DebtSecuritiesCovenants" xlink:label="glbs_DebtSecuritiesCovenants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DebtSecuritiesCovenants" xlink:to="glbs_DebtSecuritiesCovenants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DebtSecuritiesCovenants_doc" xml:lang="en-US">The descripriton of debt instruments' covenants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DecreaseInExchangeRates" xlink:label="glbs_DecreaseInExchangeRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecreaseInExchangeRates" xlink:to="glbs_DecreaseInExchangeRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DecreaseInExchangeRates_doc" xml:lang="en-US">Decrease in market exchange rates expressed as a percentage.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DecreaseInInterestRates" xlink:label="glbs_DecreaseInInterestRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DecreaseInInterestRates" xlink:to="glbs_DecreaseInInterestRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DecreaseInInterestRates_doc" xml:lang="en-US">Decrease in market interest rates expressed in basis points. One basis point is equivalent to one hundredth of a percent.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DeferralFeePercentage" xlink:label="glbs_DeferralFeePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DeferralFeePercentage" xlink:to="glbs_DeferralFeePercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DeferralFeePercentage_doc" xml:lang="en-US">The deferral fee per annum, as a percentage of the additional amounts deferred.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfDryDockingCosts" xlink:to="glbs_DepreciationOfDryDockingCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DepreciationOfDryDockingCosts_doc" xml:lang="en-US">The amount of depreciation of dry-docking costs.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DepreciationOfficeFurnitureAndEquipment" xlink:label="glbs_DepreciationOfficeFurnitureAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfficeFurnitureAndEquipment" xlink:to="glbs_DepreciationOfficeFurnitureAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DepreciationOfficeFurnitureAndEquipment_doc" xml:lang="en-US">The amount of depreciation of office furniture and equipment.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DerivativeLifeSignificantUnobservableInputsLiabilities" xlink:label="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities" xlink:to="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DerivativeLifeSignificantUnobservableInputsLiabilities_doc" xml:lang="en-US">The derivative life used as a significant Level 3 unobservable input for liabilities.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DescriptionOfAccountingPolicyForLesseeExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for leases acting as lessee.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DescriptionOfAccountingPolicyForLessorExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForLessorExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForLessorExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForLessorExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DescriptionOfAccountingPolicyForLessorExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for leases acting as lessor.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" xlink:label="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory" xlink:to="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DescriptionOfAccountingPolicyForRestrictedCashExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for restricted cash.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" xlink:label="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements" xlink:to="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_doc" xml:lang="en-US">The description of the accounting policy used to determine the characteristics of current and noncurrent elements as in the statement of financial position.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" xlink:label="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants" xlink:to="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DifferenceBetweenCashAndCashEquivalentsAndAmountRequiredByLoanAgreementCovenants_doc" xml:lang="en-US">The difference between the company's cash and cash equivalents and the required amount by loan agreement covenants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" xlink:label="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants" xlink:to="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DifferenceBetweenMarketAdjustedNetWorthAndAmountRequiredByLoanAgreementCovenants_doc" xml:lang="en-US">The difference between the company's market adjusted net worth and the required amount by loan agreement covenants.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DirectorsCompensationSharebasedPayment" xlink:to="glbs_DirectorsCompensationSharebasedPayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DirectorsCompensationSharebasedPayment_doc" xml:lang="en-US">The amount of compensation to directors in the form of share-based payments.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_doc" xml:lang="en-US">The disclosure for the amounts of accrued liabilities and other payables in the consolidated statement of financial position.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfAdministrativeExpenses" xlink:label="glbs_DisclosureOfAdministrativeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAdministrativeExpenses" xlink:to="glbs_DisclosureOfAdministrativeExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfAdministrativeExpenses_doc" xml:lang="en-US">The disclosure of administrative expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition" xlink:to="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_doc" xml:lang="en-US">The disclosure for the amounts of long-term debt in the consolidated statement of financial position.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfCapitalManagementExplanatory" xlink:label="glbs_DisclosureOfCapitalManagementExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCapitalManagementExplanatory" xlink:to="glbs_DisclosureOfCapitalManagementExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfCapitalManagementExplanatory_doc" xml:lang="en-US">The disclosure of capital management.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCashAndBankBalancesExplanatory" xlink:to="glbs_DisclosureOfCashAndBankBalancesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfCashAndBankBalancesExplanatory_doc" xml:lang="en-US">The disclosure for cash on hand and at banks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCommonSharesExplanatory" xlink:to="glbs_DisclosureOfCommonSharesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfCommonSharesExplanatory_doc" xml:lang="en-US">The disclosure of common shares.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfCompensationOfExecutiveDirector" xlink:label="glbs_DisclosureOfCompensationOfExecutiveDirector" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCompensationOfExecutiveDirector" xlink:to="glbs_DisclosureOfCompensationOfExecutiveDirector_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfCompensationOfExecutiveDirector_doc" xml:lang="en-US">The entire disclosure for compensation of executive director.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfCompensationOfNonExecutiveDirectors" xlink:label="glbs_DisclosureOfCompensationOfNonExecutiveDirectors" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfCompensationOfNonExecutiveDirectors" xlink:to="glbs_DisclosureOfCompensationOfNonExecutiveDirectors_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfCompensationOfNonExecutiveDirectors_doc" xml:lang="en-US">The entire disclosure for compensation of non-executive directors.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" xlink:label="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory" xlink:to="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfConcentrationOfCreditRiskExplanatory_doc" xml:lang="en-US">The disclosure of concentration of credit risk.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfDividends" xlink:label="glbs_DisclosureOfDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfDividends" xlink:to="glbs_DisclosureOfDividends_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfDividends_doc" xml:lang="en-US">The disclosure of dividends.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfEarningsPerShareTableExplanatory" xlink:to="glbs_DisclosureOfEarningsPerShareTableExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfEarningsPerShareTableExplanatory_doc" xml:lang="en-US">The disclosure for earnings per share.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFairValuesExplanatory" xlink:to="glbs_DisclosureOfFairValuesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfFairValuesExplanatory_doc" xml:lang="en-US">The disclosure of fair values.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfForeignCurrencyRiskExplanatory" xlink:label="glbs_DisclosureOfForeignCurrencyRiskExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfForeignCurrencyRiskExplanatory" xlink:to="glbs_DisclosureOfForeignCurrencyRiskExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfForeignCurrencyRiskExplanatory_doc" xml:lang="en-US">The disclosure of foreign currency risk.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory" xlink:label="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory" xlink:to="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfFutureMinimumLeasePaymentsExplanatory_doc" xml:lang="en-US">The disclosure of future minimum lease payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory" xlink:to="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_doc" xml:lang="en-US">The disclosure of future minimum lease revenues receivable under non-cancellable operating leases.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:label="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory" xlink:to="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfInterestExpenseAndFinanceCostsExplanatory_doc" xml:lang="en-US">The disclosure of interest expense and finance costs.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfInterestRateRiskExplanatory" xlink:label="glbs_DisclosureOfInterestRateRiskExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInterestRateRiskExplanatory" xlink:to="glbs_DisclosureOfInterestRateRiskExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfInterestRateRiskExplanatory_doc" xml:lang="en-US">The disclosure of interest rate risk.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_doc" xml:lang="en-US">The disclosure for the amounts of inventories in the consolidated statement of financial position.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfLiquidityRisksExplanatory" xlink:label="glbs_DisclosureOfLiquidityRisksExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfLiquidityRisksExplanatory" xlink:to="glbs_DisclosureOfLiquidityRisksExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfLiquidityRisksExplanatory_doc" xml:lang="en-US">The disclosure of liquidity risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments" xlink:to="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments_doc" xml:lang="en-US">The disclosure of annual loan principal payments.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfPreferredSharesExplanatory" xlink:label="glbs_DisclosureOfPreferredSharesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPreferredSharesExplanatory" xlink:to="glbs_DisclosureOfPreferredSharesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfPreferredSharesExplanatory_doc" xml:lang="en-US">The disclosure of preferred shares.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" xlink:label="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfPrepaymentsAndOtherAssetsConsolidatedStatementOfFinancialPositionExplanatory_doc" xml:lang="en-US">The disclosure for the amounts of prepayments and other assets in the consolidated statement of financial position.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory" xlink:to="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_doc" xml:lang="en-US">The disclosure for the amounts of property, plant and equipment in the consolidated statement of comprehensive income / (loss).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory" xlink:to="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_doc" xml:lang="en-US">The disclosure for the amounts of property, plant and equipment in the consolidated statement of financial position.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory" xlink:label="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory" xlink:to="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfRecoverableAmountOfAssetsExplanatory_doc" xml:lang="en-US">The disclosure for the higher of an asset&amp;#8217;s fair value less costs of disposal and its value in use.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfShareBasedPayment" xlink:to="glbs_DisclosureOfShareBasedPayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfShareBasedPayment_doc" xml:lang="en-US">The disclosure of share based payment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs" xlink:to="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_doc" xml:lang="en-US">Tabular disclosure of valuation techniques and significant unobservable inputs.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DividendPayableDateToBePaidDayMonthAndYear" xlink:label="glbs_DividendPayableDateToBePaidDayMonthAndYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendPayableDateToBePaidDayMonthAndYear" xlink:to="glbs_DividendPayableDateToBePaidDayMonthAndYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DividendPayableDateToBePaidDayMonthAndYear_doc" xml:lang="en-US">Date the declared dividend will be paid, in CCYY-MM-DD format.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DividendsAxis" xlink:label="glbs_DividendsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsAxis" xlink:to="glbs_DividendsAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DividendsAxis_doc" xml:lang="en-US">Information about distribution of earnings to shareholders including, but not limited to, cash, property or capital stock.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DividendsMember" xlink:label="glbs_DividendsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsMember" xlink:to="glbs_DividendsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DividendsMember_doc" xml:lang="en-US">Distributions of earnings to shareholders including but not limited to cash, property or capital stock.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DividendsPayableDateDeclaredDayMonthAndYear" xlink:label="glbs_DividendsPayableDateDeclaredDayMonthAndYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsPayableDateDeclaredDayMonthAndYear" xlink:to="glbs_DividendsPayableDateDeclaredDayMonthAndYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DividendsPayableDateDeclaredDayMonthAndYear_doc" xml:lang="en-US">Date the dividend to be paid was declared, in CCYY-MM-DD format.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DividendsPayableLineItems" xlink:label="glbs_DividendsPayableLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsPayableLineItems" xlink:to="glbs_DividendsPayableLineItems_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DividendsPayableLineItems_doc" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_DividendsPayableTable" xlink:label="glbs_DividendsPayableTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DividendsPayableTable" xlink:to="glbs_DividendsPayableTable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DividendsPayableTable_doc" xml:lang="en-US">A table that contains information regarding dividends that have been declared but not paid as of the financial reporting date. This information may contain the amount, amount per share, declared date, and date to be paid.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ExercisePriceOfOutstandingWarrants" xlink:label="glbs_ExercisePriceOfOutstandingWarrants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExercisePriceOfOutstandingWarrants" xlink:to="glbs_ExercisePriceOfOutstandingWarrants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ExercisePriceOfOutstandingWarrants_doc" xml:lang="en-US">The exercise price of outstanding warrants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities" xlink:label="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities" xlink:to="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ExpectedDividendYieldSignificantUnobservableInputsLiabilities_doc" xml:lang="en-US">The expected dividend yield  used as a significant Level 3 unobservable input for liabilities.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:label="glbs_ExtraDepreciationPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ExtraDepreciationPropertyPlantAndEquipment" xlink:to="glbs_ExtraDepreciationPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ExtraDepreciationPropertyPlantAndEquipment_doc" xml:lang="en-US">The extra depreciation expense recognised during the period, due to changes in scrap rates.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" xlink:label="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio" xlink:to="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_FairValueOfMortgagedVesselsToLoanOutstandingBalanceRatio_doc" xml:lang="en-US">The ratio of the aggregate fair market value of the mortgaged vessels to the loan outstanding balance.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_GasCylindersInventoryCurrent" xlink:label="glbs_GasCylindersInventoryCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_GasCylindersInventoryCurrent" xlink:to="glbs_GasCylindersInventoryCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_GasCylindersInventoryCurrent_doc" xml:lang="en-US">Carrying amount as of the balance sheet date of gas cylinder's inventory.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" xlink:label="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1" xlink:to="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_HistoricalVolatilityForSharesSignificantUnobservableInputsLiabilities1_doc" xml:lang="en-US">This element refers to historical volatility for shares used as a significant Level 3 unobservable input for liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_doc" xml:lang="en-US">The increase (decrease) in the number of ordinary shares issued through the issue of equity instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_doc" xml:lang="en-US">The increase (decrease) in the number of ordinary shares resulting from the conversion of convertible instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_doc" xml:lang="en-US">The increase (decrease) in the number of ordinary shares resulting from the exercise of warrants.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_doc" xml:lang="en-US">The increase (decrease) in the number of ordinary shares issued resulting from share-based payment transactions.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued" xlink:label="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued" xlink:to="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseInNumberOfPreferredSharesIssued_doc" xml:lang="en-US">The increase (decrease) in the number of preferred shares issued.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseVoyageExpenses" xlink:label="glbs_IncreaseDecreaseVoyageExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseVoyageExpenses" xlink:to="glbs_IncreaseDecreaseVoyageExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseVoyageExpenses_doc" xml:lang="en-US">The increase (decrease) during the reporting period in expenses arising from rendering of services.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseDecreaseVoyageRevenues" xlink:label="glbs_IncreaseDecreaseVoyageRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseVoyageRevenues" xlink:to="glbs_IncreaseDecreaseVoyageRevenues_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseVoyageRevenues_doc" xml:lang="en-US">The increase (decrease) during the reporting period in revenues arising from rendering of services.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseInExchangeRates" xlink:label="glbs_IncreaseInExchangeRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseInExchangeRates" xlink:to="glbs_IncreaseInExchangeRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseInExchangeRates_doc" xml:lang="en-US">Increase in market exchange rates expressed as a percentage.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IncreaseInInterestRates" xlink:label="glbs_IncreaseInInterestRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseInInterestRates" xlink:to="glbs_IncreaseInInterestRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseInInterestRates_doc" xml:lang="en-US">Increase in market interest rates expressed in basis points. One basis point is equivalent to one hundredth of a percent.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_InterestRateSignificantUnobservableInputsLiabilities1" xlink:label="glbs_InterestRateSignificantUnobservableInputsLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_InterestRateSignificantUnobservableInputsLiabilities1" xlink:to="glbs_InterestRateSignificantUnobservableInputsLiabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_InterestRateSignificantUnobservableInputsLiabilities1_doc" xml:lang="en-US">This element refers to interest rate used as a significant Level 3 unobservable input for liabilities.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:label="glbs_IntervalBetweenVesselDrydockingSpecialSurvey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IntervalBetweenVesselDrydockingSpecialSurvey" xlink:to="glbs_IntervalBetweenVesselDrydockingSpecialSurvey_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IntervalBetweenVesselDrydockingSpecialSurvey_doc" xml:lang="en-US">Refers to the period of review of drydocking and special survey costs in order to be amortized or deferred.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LineOfCreditFacilityDecreaseForgiveness" xlink:label="glbs_LineOfCreditFacilityDecreaseForgiveness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityDecreaseForgiveness" xlink:to="glbs_LineOfCreditFacilityDecreaseForgiveness_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LineOfCreditFacilityDecreaseForgiveness_doc" xml:lang="en-US">Amount of decrease in line of credit facility from forgiveness by the holder of the line of credit.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:label="glbs_LineOfCreditFacilityDrawndownAmountsMultiples" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityDrawndownAmountsMultiples" xlink:to="glbs_LineOfCreditFacilityDrawndownAmountsMultiples_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LineOfCreditFacilityDrawndownAmountsMultiples_doc" xml:lang="en-US">The multiples of amounts that the company has the right to drawdown under the relevant credit facility.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:label="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms" xlink:to="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms_doc" xml:lang="en-US">Description of the frequency of the required periodic payments of interest, principal, or both, and the amount, if set, or a description of a formula upon which payment is based.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="glbs_LineOfCreditFacilityMaximumBorrowingCapacity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="glbs_LineOfCreditFacilityMaximumBorrowingCapacity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LineOfCreditFacilityMaximumBorrowingCapacity_doc" xml:lang="en-US">Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LiquidityToConsolidatedIndebtednessRatio" xlink:label="glbs_LiquidityToConsolidatedIndebtednessRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LiquidityToConsolidatedIndebtednessRatio" xlink:to="glbs_LiquidityToConsolidatedIndebtednessRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LiquidityToConsolidatedIndebtednessRatio_doc" xml:lang="en-US">The ratio of the company's liquidity to its consolidated indebtedness.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LoanPrincipalAmountDeferred" xlink:label="glbs_LoanPrincipalAmountDeferred" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LoanPrincipalAmountDeferred" xlink:to="glbs_LoanPrincipalAmountDeferred_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LoanPrincipalAmountDeferred_doc" xml:lang="en-US">The loan principal amount deferred to the last scheduled repayment date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermBorrowingsGross" xlink:to="glbs_LongTermBorrowingsGross_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LongTermBorrowingsGross_doc" xml:lang="en-US">The non-current portion of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LongTermDebtInstrumentUnamortisedDiscount" xlink:to="glbs_LongTermDebtInstrumentUnamortisedDiscount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LongTermDebtInstrumentUnamortisedDiscount_doc" xml:lang="en-US">The non-current portion of debt discount, after accumulated amortization.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_LubricantsInventoryCurrent" xlink:label="glbs_LubricantsInventoryCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_LubricantsInventoryCurrent" xlink:to="glbs_LubricantsInventoryCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_LubricantsInventoryCurrent_doc" xml:lang="en-US">Carrying amount as of the balance sheet date of lubricants' inventory.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ManagementDailyFee" xlink:label="glbs_ManagementDailyFee" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ManagementDailyFee" xlink:to="glbs_ManagementDailyFee_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ManagementDailyFee_doc" xml:lang="en-US">The amount of daily income recognised for the provided management services.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MarketAdjustedNetWorth" xlink:label="glbs_MarketAdjustedNetWorth" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MarketAdjustedNetWorth" xlink:to="glbs_MarketAdjustedNetWorth_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MarketAdjustedNetWorth_doc" xml:lang="en-US">The company's market adjusted net worth.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MarketAdjustedNetWorthToTotalAssetsRatio" xlink:label="glbs_MarketAdjustedNetWorthToTotalAssetsRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MarketAdjustedNetWorthToTotalAssetsRatio" xlink:to="glbs_MarketAdjustedNetWorthToTotalAssetsRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MarketAdjustedNetWorthToTotalAssetsRatio_doc" xml:lang="en-US">The ratio of the market adjusted net worth to total assets.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" xlink:label="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants" xlink:to="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MaximumProportionOfOwnershipInterestsHeldByInvestorsAfterExerciseOfWarrants_doc" xml:lang="en-US">The maximum proportion of ownership interest held by a warrant holder after the exercise of the warrants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MinimumBidPriceContinuedListingRequirement" xlink:label="glbs_MinimumBidPriceContinuedListingRequirement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumBidPriceContinuedListingRequirement" xlink:to="glbs_MinimumBidPriceContinuedListingRequirement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MinimumBidPriceContinuedListingRequirement_doc" xml:lang="en-US">The minimum bid price to be met for the Nasdaq Capital Market continued listing citeria.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MinimumBidPriceContinuedListingRequirementDays" xlink:label="glbs_MinimumBidPriceContinuedListingRequirementDays" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumBidPriceContinuedListingRequirementDays" xlink:to="glbs_MinimumBidPriceContinuedListingRequirementDays_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MinimumBidPriceContinuedListingRequirementDays_doc" xml:lang="en-US">The number of days for which the minimum bid price continued listing citeria should be met.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:label="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:to="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease_doc" xml:lang="en-US">The amount of future minimum lease payments payable under non-cancellable operating leases. Minimum lease payments are payments over the lease term that the lessee is or can be required to make, excluding contingent rent, costs for services and taxes to be paid by, and reimbursed to, the lessor, together with: (a) for a lessee, any amounts guaranteed by the lessee or by a party related to the lessee; or (b) for a lessor, any residual value guaranteed to the lessor by: (i) the lessee; (ii) a party related to the lessee; or (iii) a third party unrelated to the lessor that is financially capable of discharging the obligations under the guarantee.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" xlink:label="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" xlink:to="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease_doc" xml:lang="en-US">The amount of future minimum lease payments receivable under non-cancellable operating leases. Minimum lease payments are payments over the lease term that the lessee is or can be required to make, excluding contingent rent, costs for services and taxes to be paid by, and reimbursed to, the lessor, together with: (a) for a lessee, any amounts guaranteed by the lessee or by a party related to the lessee; or (b) for a lessor, any residual value guaranteed to the lessor by: (i) the lessee; (ii) a party related to the lessee; or (iii) a third party unrelated to the lessor that is financially capable of discharging the obligations under the guarantee.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MinimumLiquidAssets" xlink:label="glbs_MinimumLiquidAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumLiquidAssets" xlink:to="glbs_MinimumLiquidAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MinimumLiquidAssets_doc" xml:lang="en-US">The minimum liquid assets that the company should own and maintain, as required by loan agreement covenants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MinimumPossibleConversionPrice" xlink:label="glbs_MinimumPossibleConversionPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MinimumPossibleConversionPrice" xlink:to="glbs_MinimumPossibleConversionPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MinimumPossibleConversionPrice_doc" xml:lang="en-US">The minimum possible conversion price or Floor Price deemed appropriate by the Company's board of directors.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_MonthlyDepreciationRightofuseAssets" xlink:label="glbs_MonthlyDepreciationRightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MonthlyDepreciationRightofuseAssets" xlink:to="glbs_MonthlyDepreciationRightofuseAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MonthlyDepreciationRightofuseAssets_doc" xml:lang="en-US">The amount of monthly depreciation of right-of-use assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_MonthlyRentalExpense" xlink:to="glbs_MonthlyRentalExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_MonthlyRentalExpense_doc" xml:lang="en-US">The amount of monthly expense recognised on rental activities.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NetDebtIncludingEmbeddedDerivative" xlink:label="glbs_NetDebtIncludingEmbeddedDerivative" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NetDebtIncludingEmbeddedDerivative" xlink:to="glbs_NetDebtIncludingEmbeddedDerivative_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NetDebtIncludingEmbeddedDerivative_doc" xml:lang="en-US">Net debt including embedded derivative component.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" xlink:label="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio" xlink:to="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NetDebtToAdjustedBookCapitalisationPlusNetDebtRatio_doc" xml:lang="en-US">The net debt to adjusted book capitalisation plus net debt ratio.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NonCurrentRestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xml:lang="en-US">The fair value of non current cash and cash equivalent items which are restricted as to withdrawal or usage.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfIterations" xlink:label="glbs_NumberOfIterations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfIterations" xlink:to="glbs_NumberOfIterations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfIterations_doc" xml:lang="en-US">The number of iterations required for the Monte Carlo simulation iterations.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfOperatingSegments" xlink:label="glbs_NumberOfOperatingSegments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfOperatingSegments" xlink:to="glbs_NumberOfOperatingSegments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfOperatingSegments_doc" xml:lang="en-US">Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesCalledByWarrants" xlink:to="glbs_NumberOfSharesCalledByWarrants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfSharesCalledByWarrants_doc" xml:lang="en-US">Number of shares into which the warrants may be converted.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfSharesHeldByControllingParty" xlink:label="glbs_NumberOfSharesHeldByControllingParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesHeldByControllingParty" xlink:to="glbs_NumberOfSharesHeldByControllingParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfSharesHeldByControllingParty_doc" xml:lang="en-US">The number of common shares held by the controlling party.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfSharesSold" xlink:label="glbs_NumberOfSharesSold" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfSharesSold" xlink:to="glbs_NumberOfSharesSold_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfSharesSold_doc" xml:lang="en-US">The number of shares sold in a stock transaction.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfWarrantsExercised" xlink:label="glbs_NumberOfWarrantsExercised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfWarrantsExercised" xlink:to="glbs_NumberOfWarrantsExercised_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfWarrantsExercised_doc" xml:lang="en-US">The number of warrants exercised.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfWarrantsOutstanding" xlink:to="glbs_NumberOfWarrantsOutstanding_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfWarrantsOutstanding_doc" xml:lang="en-US">The number of outstanding warrants that permit the holder the right to purchase equity securities from the issuer at a specified price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_OperatingCosts_doc" xml:lang="en-US">The amount of all operating expenses.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_OtherAccruals" xlink:label="glbs_OtherAccruals" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherAccruals" xlink:to="glbs_OtherAccruals_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_OtherAccruals_doc" xml:lang="en-US">The amount of accruals payable classified as other.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_OtherVoyageExpense" xlink:label="glbs_OtherVoyageExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OtherVoyageExpense" xlink:to="glbs_OtherVoyageExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_OtherVoyageExpense_doc" xml:lang="en-US">The amount of voyage expense classified as other.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PaymentsOfDeferredDryDockingCosts" xlink:to="glbs_PaymentsOfDeferredDryDockingCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PaymentsOfDeferredDryDockingCosts_doc" xml:lang="en-US">The cash outflow for deferred dry-docking costs.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PercentageBelowFloorPrice" xlink:label="glbs_PercentageBelowFloorPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentageBelowFloorPrice" xlink:to="glbs_PercentageBelowFloorPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PercentageBelowFloorPrice_doc" xml:lang="en-US">The percentage below floor price that common shares can be traded.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PeriodOfInterestRatesAxis" xlink:label="glbs_PeriodOfInterestRatesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PeriodOfInterestRatesAxis" xlink:to="glbs_PeriodOfInterestRatesAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PeriodOfInterestRatesAxis_doc" xml:lang="en-US">Information about the period of the interest rates.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PersonnelExpense" xlink:label="glbs_PersonnelExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PersonnelExpense" xlink:to="glbs_PersonnelExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PersonnelExpense_doc" xml:lang="en-US">The amount of compensation to administrative personnel.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PriceFloor" xlink:label="glbs_PriceFloor" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PriceFloor" xlink:to="glbs_PriceFloor_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PriceFloor_doc" xml:lang="en-US">Price floor incorporated in Monte Carlo Simulation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProceedsFromWarrantExercises" xlink:to="glbs_ProceedsFromWarrantExercises_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ProceedsFromWarrantExercises_doc" xml:lang="en-US">The cash inflow associated with the amount received from holders exercising their stock warrants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ProfitLossFromNonOperatingActivities" xlink:label="glbs_ProfitLossFromNonOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProfitLossFromNonOperatingActivities" xlink:to="glbs_ProfitLossFromNonOperatingActivities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ProfitLossFromNonOperatingActivities_doc" xml:lang="en-US">The profit (loss) from non-operating activities of the entity.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_PropertyPlantAndEquipmentFairValueAdjustment" xlink:label="glbs_PropertyPlantAndEquipmentFairValueAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PropertyPlantAndEquipmentFairValueAdjustment" xlink:to="glbs_PropertyPlantAndEquipmentFairValueAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PropertyPlantAndEquipmentFairValueAdjustment_doc" xml:lang="en-US">Amount of addition (reduction) to the property plant and equipment from carrying amount to fair value, when the fair value is materially different from the carrying amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ProportionOfOwnershipInterestsHeldByControllingParty" xlink:to="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ProportionOfOwnershipInterestsHeldByControllingParty_doc" xml:lang="en-US">The proportion of ownership interests held by the controlling party.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_RentalAnnualIncreaseRateAboveInflation" xlink:label="glbs_RentalAnnualIncreaseRateAboveInflation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RentalAnnualIncreaseRateAboveInflation" xlink:to="glbs_RentalAnnualIncreaseRateAboveInflation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_RentalAnnualIncreaseRateAboveInflation_doc" xml:lang="en-US">The annual increase of the rental rate, above the rate of inflation as set by the Bank of Greece, according to the relevant rental agreement.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:label="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure" xlink:to="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_RestrictedCashAndCashEquivalentsFairValueDisclosure_doc" xml:lang="en-US">The fair value of cash and cash equivalent items which are restricted as to withdrawal or usage.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_RestrictedCashCollateralBreached" xlink:label="glbs_RestrictedCashCollateralBreached" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_RestrictedCashCollateralBreached" xlink:to="glbs_RestrictedCashCollateralBreached_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_RestrictedCashCollateralBreached_doc" xml:lang="en-US">The amount of collateral requirements that should have been pledged in a restricted cash account, related with covenants that have been breached.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_ReverseStockSplitConversionRatio" xlink:label="glbs_ReverseStockSplitConversionRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ReverseStockSplitConversionRatio" xlink:to="glbs_ReverseStockSplitConversionRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ReverseStockSplitConversionRatio_doc" xml:lang="en-US">Ratio applied to the conversion of a reverse stock split, for example two shares converted to one.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_doc" xml:lang="en-US">Amount of the negative effect on profit or loss as a result of the conduct of a sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss would have been affected by changes in the relevant risk variable that were reasonably possible at that date.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit" xlink:to="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_doc" xml:lang="en-US">Amount of the positive effect on profit or loss as a result of the conduct of a sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss would have been affected by changes in the relevant risk variable that were reasonably possible at that date.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_StationeryExpense" xlink:label="glbs_StationeryExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StationeryExpense" xlink:to="glbs_StationeryExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_StationeryExpense_doc" xml:lang="en-US">The amount of expense for writing and other office materials.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_StockRedeemedDuringPeriodShares" xlink:label="glbs_StockRedeemedDuringPeriodShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StockRedeemedDuringPeriodShares" xlink:to="glbs_StockRedeemedDuringPeriodShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_StockRedeemedDuringPeriodShares_doc" xml:lang="en-US">Number of stock bought back by the entity at the redemption price.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_StockRedeemedDuringPeriodValue" xlink:label="glbs_StockRedeemedDuringPeriodValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StockRedeemedDuringPeriodValue" xlink:to="glbs_StockRedeemedDuringPeriodValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_StockRedeemedDuringPeriodValue_doc" xml:lang="en-US">Value of stock bought back by the entity at the redemption price.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_StoresExpense" xlink:label="glbs_StoresExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_StoresExpense" xlink:to="glbs_StoresExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_StoresExpense_doc" xml:lang="en-US">The amount of stores expense.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_TimePeriodConsidered" xlink:label="glbs_TimePeriodConsidered" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TimePeriodConsidered" xlink:to="glbs_TimePeriodConsidered_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_TimePeriodConsidered_doc" xml:lang="en-US">The period of time charter rates used to create an average to calculate cash flows for impairment purposes.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" xlink:label="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio" xlink:to="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_TotalLiabilitiesToMarketAdjustedTotalAssetsRatio_doc" xml:lang="en-US">The ratio of the company's total liabilities to its market adjusted total assets, as required by loan agreement covenants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_UnrealizedCashAndCashEquivalents" xlink:label="glbs_UnrealizedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_UnrealizedCashAndCashEquivalents" xlink:to="glbs_UnrealizedCashAndCashEquivalents_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_UnrealizedCashAndCashEquivalents_doc" xml:lang="en-US">The amount of cash and cash equivalents that the entity should have disclosed in its statements.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" xlink:label="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1" xlink:to="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment1_doc" xml:lang="en-US">This element refers to the useful lives or depreciation rates used for property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_ValueOfSharesAuthorised" xlink:to="glbs_ValueOfSharesAuthorised_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_ValueOfSharesAuthorised_doc" xml:lang="en-US">The nominal value of shares authorised.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselCapacity" xlink:to="glbs_VesselCapacity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_VesselCapacity_doc" xml:lang="en-US">The vessel's capacity in deadweight tonnage ("dwt").</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselDeliveryDate" xlink:to="glbs_VesselDeliveryDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_VesselDeliveryDate_doc" xml:lang="en-US">The date of the vessel delivery to the Company.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_VesselsScrapRatePerTon" xlink:label="glbs_VesselsScrapRatePerTon" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselsScrapRatePerTon" xlink:to="glbs_VesselsScrapRatePerTon_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_VesselsScrapRatePerTon_doc" xml:lang="en-US">The estimated vessels' scrap rate per ton.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VotingRights" xlink:to="glbs_VotingRights_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_VotingRights_doc" xml:lang="en-US">Description of voting rights of common stock. Includes eligibility to vote and votes per share owned.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_WarrantsExpense" xlink:label="glbs_WarrantsExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_WarrantsExpense" xlink:to="glbs_WarrantsExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_WarrantsExpense_doc" xml:lang="en-US">The expense related to the warrants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_WeightedAverageCostOfCapital" xlink:label="glbs_WeightedAverageCostOfCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_WeightedAverageCostOfCapital" xlink:to="glbs_WeightedAverageCostOfCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_WeightedAverageCostOfCapital_doc" xml:lang="en-US">The weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted. All sources of capital, including common stock, preferred stock, bonds, and any other long-term debt, are included in a WACC calculation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfPreferredShares" xlink:to="glbs_IssueOfPreferredShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IssueOfPreferredShares_doc" xml:lang="en-US">The increase in equity through the issue of preferred shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory" xlink:to="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory_doc" xml:lang="en-US">The disclosure of advances for vessels acquisition.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity" xlink:to="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_doc" xml:lang="en-US">The increase (decrease) in the number of ordinary shares resulting from the exercise of pre-funded warrants</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" xlink:label="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants" xlink:to="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_IssueOfEquityIncludingIncreaseThroughExerciseOfWarrants_doc" xml:lang="en-US">The increase in equity through the issue of equity instruments, including increase in equity resulting from the exercise of warrants.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_BasicAndDilutedLossPerShare" xlink:label="glbs_BasicAndDilutedLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_BasicAndDilutedLossPerShare" xlink:to="glbs_BasicAndDilutedLossPerShare_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_BasicAndDilutedLossPerShare_doc" xml:lang="en-US">The amount of loss per share when the basic and diluted measurements are equal.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselYearBuilt" xlink:to="glbs_VesselYearBuilt_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_VesselYearBuilt_doc" xml:lang="en-US">The year that the vessel was built.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_VesselType" xlink:to="glbs_VesselType_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_VesselType_doc" xml:lang="en-US">The type of vessel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfLoanTranches" xlink:to="glbs_NumberOfLoanTranches_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfLoanTranches_doc" xml:lang="en-US">Number of loan tranches.</link:label>
      <link:loc xlink:type="locator" xlink:href="glbs-20210630.xsd#glbs_NumberOfVesselsFleet" xlink:label="glbs_NumberOfVesselsFleet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_NumberOfVesselsFleet" xlink:to="glbs_NumberOfVesselsFleet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_NumberOfVesselsFleet_doc" xml:lang="en-US">The number of vessels fleet.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_PercentatgeOfPurchasePrice" xlink:to="glbs_PercentatgeOfPurchasePrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_PercentatgeOfPurchasePrice_doc" xml:lang="en-US">The percentage of the purchase price for the acquisition of property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashPaymentsForImprovements" xlink:to="glbs_CashPaymentsForImprovements_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_CashPaymentsForImprovements_doc" xml:lang="en-US">The cash outflow for improvements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DailyFeeAndCommissionIncome" xlink:to="glbs_DailyFeeAndCommissionIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DailyFeeAndCommissionIncome_doc" xml:lang="en-US">The amount of daily income relating to fees and commissions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DryDockingCostCapitalised" xlink:to="glbs_DryDockingCostCapitalised_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="glbs_DryDockingCostCapitalised_doc" xml:lang="en-US">The amount of dry-docking cost capitalised on the asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Revenue_2_lbl" xml:lang="en-US">Revenue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ServicesExpense" xlink:to="ifrs-full_ServicesExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ServicesExpense_2_lbl" xml:lang="en-US">Services expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_OperatingCosts" xlink:to="glbs_OperatingCosts_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_OperatingCosts_3_lbl" xml:lang="en-US">Operating expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationExpense_2_lbl" xml:lang="en-US">Depreciation expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DepreciationOfDryDockingCosts" xlink:to="glbs_DepreciationOfDryDockingCosts_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DepreciationOfDryDockingCosts_3_lbl" xml:lang="en-US">Depreciation Of Dry Docking Costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdministrativeExpense_2_lbl" xml:lang="en-US">Administrative expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdministrativeExpenseRelatedPartyTransactions" xlink:to="glbs_AdministrativeExpenseRelatedPartyTransactions_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_AdministrativeExpenseRelatedPartyTransactions_3_lbl" xml:lang="en-US">Administrative Expense Related Party Transactions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_DirectorsCompensationSharebasedPayment" xlink:to="glbs_DirectorsCompensationSharebasedPayment_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_DirectorsCompensationSharebasedPayment_3_lbl" xml:lang="en-US">Directors Compensation Share based Payment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLoss_2_lbl" xml:lang="en-US">Impairment loss [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssets_2_lbl" xml:lang="en-US">Current assets</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Assets_2_lbl" xml:lang="en-US">Assets</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilities_2_lbl" xml:lang="en-US">Current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Liabilities_2_lbl" xml:lang="en-US">Liabilities</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_2_lbl" xml:lang="en-US">Equity and liabilities</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables" xlink:to="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables_3_lbl" xml:lang="en-US">Adjustments For Increase Decrease In Accrued Liabilities And Other Payables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_2_lbl" xml:lang="en-US">Adjustments for increase (decrease) in deferred income including contract liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="glbs_CashPaymentsForImprovements" xlink:to="glbs_CashPaymentsForImprovements_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="glbs_CashPaymentsForImprovements_3_lbl" xml:lang="en-US">CashPaymentsForImprovements</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_2_lbl" xml:lang="en-US">Purchase of other long-term assets, classified as investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Repayments of borrowings, classified as financing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForShareIssueCosts" xlink:to="ifrs-full_PaymentsForShareIssueCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsForShareIssueCosts_2_lbl" xml:lang="en-US">Payments for share issue costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForDebtIssueCosts" xlink:to="ifrs-full_PaymentsForDebtIssueCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsForDebtIssueCosts_2_lbl" xml:lang="en-US">Payments for debt issue costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Interest paid, classified as financing activities</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_2_lbl" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory_2_lbl" xml:lang="en-US">Disclosure of commitments [text block]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_3_lbl" xlink:type="arc" />
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</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>8
<FILENAME>glbs-20210630_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
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      contextRef="From2021-01-01to2021-06-30"
      decimals="-3"
      unitRef="USD">82376000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities
      contextRef="From2020-01-012020-06-30"
      decimals="-3"
      unitRef="USD">19818000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
      contextRef="From2021-01-01to2021-06-30"
      decimals="-3"
      unitRef="USD">55733000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
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      contextRef="From2020-01-012020-06-30"
      decimals="-3"
      unitRef="USD">15861000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19037000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2019-12-31" decimals="-3" unitRef="USD">2366000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">74770000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-06-30" decimals="-3" unitRef="USD">18227000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_80A_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zEV1E19WKy4" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;1.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span&gt;&lt;span id="xdx_822_ztgyjYrFzVda"&gt;Basis
of presentation and general information&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The accompanying unaudited
interim condensed consolidated financial statements include the financial statements of &lt;b&gt;&lt;i&gt;Globus Maritime Limited&lt;/i&gt;&lt;/b&gt; (&#x201c;Globus&#x201d;)
and its wholly owned subsidiaries (collectively the &#x201c;Company&#x201d;). Globus was formed on July 26, 2006, under the laws of Jersey.
On June 1, 2007, Globus concluded its initial public offering in the United Kingdom and its shares were admitted for trading on the Alternative
Investment Market (&#x201c;AIM&#x201d;). On November 24, 2010, Globus was redomiciled to the &lt;span id="xdx_903_eifrs-full--DomicileOfEntity_c20210101__20210630_zzHURWIjsUe8"&gt;Marshall Islands&lt;/span&gt; and its shares were admitted
for trading in the United States (NASDAQ Global Market) under the Securities Act of 1933, as amended. On November 26, 2010, Globus shares
were effectively delisted from AIM.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The address of the registered office of Globus
is: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_90D_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20210101__20210630_zzpB5M0dWhFb"&gt;The principal business of the Company is
the ownership and operation of a fleet of dry bulk motor vessels (&#x201c;m/v&#x201d;), providing maritime services for the transportation
of dry cargo products on a worldwide basis.&lt;/span&gt; The Company conducts its operations through its vessel owning subsidiaries.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The operations of the vessels are managed
by Globus Shipmanagement Corp. (the &#x201c;Manager&#x201d;), a wholly owned Marshall Islands corporation. The Manager has an office in
Greece, located at 128 Vouliagmenis Avenue, 166 74 Glyfada, Greece and provides the commercial, technical, cash management and accounting
services necessary for the operation of the fleet in exchange for a management fee. The management fee is eliminated on consolidation.
The consolidated financial statements include the financial statements of Globus and its subsidiaries listed below, all wholly owned
by Globus as of June 30, 2021:&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_898_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_zQFSujkgfFj8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_8B6_zsvQrmGCg8K4" style="display: none"&gt;Basis
of presentation and general information&lt;/span&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: middle"&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zw9a1kbp0fI" style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_488_ecustom--VesselDeliveryDate_d0_zSRD62vEq36e" style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_480_eifrs-full--NameOfSubsidiary_d0_zg7z3RsIvZId" style="text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: middle"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 33%"&gt;Company&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 19%"&gt;Country of Incorporation&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 23%"&gt;Vessel Delivery Date&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 22%"&gt;Vessel Owned&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: middle"&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_z1z9AweY6Ea3" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Globus Shipmanagement Corp.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0466"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;Management Co.&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_z793SLEHD8ef" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Devocean Maritime Ltd.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;December 18, 2007&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v River Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zThjrTJ2lHek" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Domina Maritime Ltd.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;May 19, 2010&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Sky Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_417_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zUJKMM8nsptj" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Dulac Maritime S.A.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;May 25, 2010&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Star Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zO6XSYf7feOl" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Artful Shipholding S.A.&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;June 22, 2011&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Moon Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_411_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_zJlaxDUtoQi7" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Longevity Maritime Limited&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Malta&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;September 15, 2011&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Sun Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zzQyfHWdaZ3k" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Serena Maritime Limited&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;October 29, 2020&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Galaxy Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zrDhKDr2pF15" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Talisman Maritime Limited&lt;sup id="xdx_F43_zpxsNSqbZkr5"&gt;(1)&lt;/sup&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0487"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0488"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zdCxft1IAt34" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Argo Maritime Limited&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;June 9, 2021&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;m/v Diamond Globe&lt;/td&gt;&lt;/tr&gt;

&lt;tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_z8kLV5TY8BVl" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Calypso
    Shipholding S.A.&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0493"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0494"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zj8p9G1S8R06" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Daxos
    Maritime Limited&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0496"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0497"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_zv6sdNIWLKzj" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Olympia
    Shipholding S.A.&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0499"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0500"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zGlfNT63ROa8" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Paralus
    Shipholding S.A.&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0502"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0503"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zDE9TQOdPtn3" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Salaminia
    Maritime Limited&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0505"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0506"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%"&gt;
&lt;tr style="vertical-align: top; text-align: left"&gt;
  &lt;td style="width: 2%"&gt;&lt;span id="xdx_F02_z3E29xhcA7Tg" style="font: 8pt Times New Roman, Times, Serif"&gt;(1)&lt;/span&gt;&lt;/td&gt;
  &lt;td style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; vertical-align: middle; text-align: left"&gt;&lt;span id="xdx_F14_zv5sWFMqyQyl" style="font: 8pt Times New Roman, Times, Serif"&gt;On
  July 20, 2021, the Company took delivery of the m/v &#x201c;Power Globe&#x201d;, a 2011-built Kamsarmax dry bulk carrier, through its
  subsidiary, Talisman Maritime Limited.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_8A4_z8JQJCkOJZle" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;These unaudited interim
condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and,
in the opinion of the management, reflect all normal recurring adjustments considered necessary for a fair presentation of the Company&#x2019;s
comprehensive loss, financial position and cash flows for the periods presented. Operating results for the six-month period ended June
30, 2021, are not necessarily indicative of the results that might be expected for the fiscal year ending December 31, 2021.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The unaudited interim condensed
consolidated financial statements as of and for the six months ended June 30, 2021, have been prepared in accordance with &lt;span id="xdx_90A_eifrs-full--DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport_c20210101__20210630_zP1DHtg1yvU5" title="Description of compliance with IFRS financial report"&gt;IAS
34&lt;/span&gt; Interim Financial Reporting.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The unaudited interim condensed consolidated financial statements presented in this report do not include all the information
and disclosures required in the annual financial statements and should be read in conjunction with the consolidated financial statements
as of December 31, 2020 and for the year then ended included in the Company&#x2019;s Annual Report on Form 20-F for the year ended December
31, 2020 (the &#x201c;2020 Annual Report&#x201d;).&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;1.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;Basis
of presentation and general information (continued)&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Unless
otherwise defined herein, capitalized words and expressions used herein shall have the same meanings ascribed to them in the 2020 Annual
Report.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The unaudited interim condensed consolidated
financial statements as of June 30, 2021 and for the six months then ended, were approved for issuance by the Board of Directors on September
22, 2021.&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;Going Concern basis of accounting:&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;As of December 31, 2020, the Company reported
a working capital surplus of $&lt;span id="xdx_90C_eifrs-full--CurrentAssetsLiabilities_iI_pdn6_c20201231_z3wGvBBAHDRj" title="Working capital surplus"&gt;9.2&lt;/span&gt; million and was in compliance with its debt covenants.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Subsequently, on January 29, 2021, February 17,
2021 and June 25, 2021, the Company completed additional follow-on equity offerings that provided the Company with further liquidity
(refer to Note 6).&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;As of June 30, 2021, the Company
reported a working capital surplus of $&lt;span id="xdx_903_eifrs-full--CurrentAssetsLiabilities_iI_pdn6_c20210630_zDzp9aorBIpi"&gt;66&lt;/span&gt;
million and was in compliance with the applicable covenants included in the loan agreement with CiT Bank N.A. The Company&#x2019;s
cash flow projections indicated that cash on hand and cash to be generated from operating activities will be sufficient to cover the
liquidity needs, including the outflows for new vessel acquisitions and the debt obligations that become due in the twelve-month
period ending following the issuance of these unaudited interim condensed consolidated financial statements.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;Impact of COVID-19 on the Company&#x2019;s
Business&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b/&gt;The spread of the COVID-19 virus, which has been declared a pandemic by the World Health Organization in 2020 has caused
substantial disruptions in the global economy and the shipping industry, as well as significant volatility in the financial markets,
the severity and duration of which remains uncertain.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The impact of the COVID-19 pandemic
continues to unfold and may continue to have a negative effect on the Company&#x2019;s business, financial performance and the
results of its operations. As a result, many of the Company&#x2019;s estimates and assumptions required increased judgment and carry
a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the
Company&#x2019;s estimates may change in future periods. Besides reducing demand for cargo, coronavirus may functionally limit the
amount of cargo that the Company and its competitors are able to move because countries worldwide have imposed quarantine checks on
arriving vessels, which have caused delays in loading and delivery of cargoes.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The Company has evaluated the impact of
the current economic situation on the recoverability of the carrying amount of its vessels. During the first quarter of 2020, the
Company concluded that events and circumstances triggered the existence of potential impairment of its vessels. These indicators
included volatility in the charter market as well as the potential impact the then current marketplace could have on the future
operations. As a result, the Company performed an impairment assessment of the Company&#x2019;s vessels by comparing the discounted
projected net operating cash flows for each vessel to its carrying values. For the first half of 2020, the Company concluded that
the recoverable amounts of the vessels were lower than their respective carrying amounts and an impairment loss of approximately
$4.6 million was recorded (Note 5). As of June 30, 2021, no indicators of impairment or reversal of previously recognized impairment
have been identified and the Company concluded that no further impairment of its vessels should be recorded or previously recognized
impairment should be reversed.&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;



&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory>
    <ifrs-full:DomicileOfEntity contextRef="From2021-01-01to2021-06-30">Marshall Islands</ifrs-full:DomicileOfEntity>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2021-01-01to2021-06-30">The principal business of the Company is
the ownership and operation of a fleet of dry bulk motor vessels (&#x201c;m/v&#x201d;), providing maritime services for the transportation
of dry cargo products on a worldwide basis.</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_898_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_zQFSujkgfFj8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_8B6_zsvQrmGCg8K4" style="display: none"&gt;Basis
of presentation and general information&lt;/span&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: middle"&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zw9a1kbp0fI" style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_488_ecustom--VesselDeliveryDate_d0_zSRD62vEq36e" style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_480_eifrs-full--NameOfSubsidiary_d0_zg7z3RsIvZId" style="text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: middle"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 33%"&gt;Company&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 19%"&gt;Country of Incorporation&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 23%"&gt;Vessel Delivery Date&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; text-align: center; width: 22%"&gt;Vessel Owned&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: middle"&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_z1z9AweY6Ea3" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Globus Shipmanagement Corp.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0466"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;Management Co.&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_z793SLEHD8ef" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Devocean Maritime Ltd.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;December 18, 2007&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v River Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zThjrTJ2lHek" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Domina Maritime Ltd.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;May 19, 2010&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Sky Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_417_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zUJKMM8nsptj" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Dulac Maritime S.A.&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;May 25, 2010&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Star Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zO6XSYf7feOl" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Artful Shipholding S.A.&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;June 22, 2011&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Moon Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_411_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_zJlaxDUtoQi7" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Longevity Maritime Limited&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Malta&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;September 15, 2011&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Sun Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zzQyfHWdaZ3k" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Serena Maritime Limited&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;October 29, 2020&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;m/v Galaxy Globe&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zrDhKDr2pF15" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Talisman Maritime Limited&lt;sup id="xdx_F43_zpxsNSqbZkr5"&gt;(1)&lt;/sup&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0487"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0488"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zdCxft1IAt34" style="vertical-align: middle"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;Argo Maritime Limited&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;Marshall Islands&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;June 9, 2021&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;m/v Diamond Globe&lt;/td&gt;&lt;/tr&gt;

&lt;tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_z8kLV5TY8BVl" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Calypso
    Shipholding S.A.&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0493"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0494"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zj8p9G1S8R06" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Daxos
    Maritime Limited&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0496"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0497"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_zv6sdNIWLKzj" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Olympia
    Shipholding S.A.&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0499"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0500"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zGlfNT63ROa8" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Paralus
    Shipholding S.A.&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0502"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0503"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zDE9TQOdPtn3" style="vertical-align: top"&gt;
    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Salaminia
    Maritime Limited&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;Marshall
    Islands&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0505"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0506"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%"&gt;
&lt;tr style="vertical-align: top; text-align: left"&gt;
  &lt;td style="width: 2%"&gt;&lt;span id="xdx_F02_z3E29xhcA7Tg" style="font: 8pt Times New Roman, Times, Serif"&gt;(1)&lt;/span&gt;&lt;/td&gt;
  &lt;td style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; vertical-align: middle; text-align: left"&gt;&lt;span id="xdx_F14_zv5sWFMqyQyl" style="font: 8pt Times New Roman, Times, Serif"&gt;On
  July 20, 2021, the Company took delivery of the m/v &#x201c;Power Globe&#x201d;, a 2011-built Kamsarmax dry bulk carrier, through its
  subsidiary, Talisman Maritime Limited.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_GlobusShipmanagementCorpMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_GlobusShipmanagementCorpMember">Management Co.</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DevoceanMaritimeLtdMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_DevoceanMaritimeLtdMember">December 18, 2007</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DevoceanMaritimeLtdMember">m/v River Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DominaMaritimeLtdMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_DominaMaritimeLtdMember">May 19, 2010</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DominaMaritimeLtdMember">m/v Sky Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DulacMaritimeSAMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_DulacMaritimeSAMember">May 25, 2010</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DulacMaritimeSAMember">m/v Star Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_ArtfulShipholdingSAMember">Marshall Islands&#160;</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_ArtfulShipholdingSAMember">June 22, 2011</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_ArtfulShipholdingSAMember">m/v Moon Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_LongevityMaritimeLimitedMember">Malta</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_LongevityMaritimeLimitedMember">September 15, 2011</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_LongevityMaritimeLimitedMember">m/v Sun Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_SerenaMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_SerenaMaritimeLimitedMember">October 29, 2020</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_SerenaMaritimeLimitedMember">m/v Galaxy Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary
      contextRef="From2021-01-012021-06-30_custom_TalismanMaritimeLimitedMember"
      id="Fact000486">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_ArgoMaritimeLimitedMember">Marshall Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_ArgoMaritimeLimitedMember">June 9, 2021</glbs:VesselDeliveryDate>
    <ifrs-full:NameOfSubsidiary contextRef="From2021-01-012021-06-30_custom_ArgoMaritimeLimitedMember">m/v Diamond Globe</ifrs-full:NameOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_CalypsoShipholdingSAMember">Marshall
    Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_DaxosMaritimeLimitedMember">Marshall
    Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_OlympiaShipholdingSAMember">Marshall
    Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_ParalusShipholdingSAMember">Marshall
    Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary contextRef="From2021-01-012021-06-30_custom_SalaminiaMaritimeLimitedMember">Marshall
    Islands</ifrs-full:CountryOfIncorporationOrResidenceOfSubsidiary>
    <ifrs-full:DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport contextRef="From2021-01-01to2021-06-30">IAS
34</ifrs-full:DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport>
    <ifrs-full:CurrentAssetsLiabilities contextRef="AsOf2020-12-31" decimals="0" unitRef="USD">9200000</ifrs-full:CurrentAssetsLiabilities>
    <ifrs-full:CurrentAssetsLiabilities contextRef="AsOf2021-06-30" decimals="0" unitRef="USD">66000000</ifrs-full:CurrentAssetsLiabilities>
    <ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_800_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zwBlDFSuiiO2" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_825_zBNvcf71sq8j"&gt;Significant
Accounting Policies and recent accounting pronouncements&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;A summary of the Company&#x2019;s significant accounting
policies and recent accounting pronouncements is included in Note 2 to the Company&#x2019;s consolidated financial statements included
in the 2020 Annual Report. The accounting policies adopted are consistent with those of the previous financial year except for the following
accounting policies and amended IFRSs which have been adopted by the Company as of  January 1, 2021:&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_843_eifrs-full--DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory_z3IpUfDfHUy5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"&gt;&lt;span id="xdx_861_ztrMEVVtRKY"&gt;Interest Rate Benchmark Reform&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"/&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"/&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 18pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Interest Rate Benchmark Reform &#x2013; Phase 2 &#x2013; IFRS 9, IAS 39,
IFRS 7, IFRS 4 and IFRS 16 (Amendments)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td&gt;&#160;&lt;/td&gt;&lt;td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;In August 2020, the IASB published Interest Rate Benchmark Reform &#x2013; Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, completing its work in response to IBOR reform. The amendments provide temporary reliefs which address the financial reporting effects when an interbank offered rate (IBOR) is replaced with an alternative nearly risk-free interest rate (RFR). In particular, the amendments provide for a practical expedient when accounting for changes in the basis for determining the contractual cash flows of financial assets and liabilities, to require the effective interest rate to be adjusted, equivalent to a movement in a market rate of interest. Also, the amendments introduce reliefs from discontinuing hedge relationships including a temporary relief from having to meet the separately identifiable requirement when an RFR instrument is designated as a hedge of a risk component. There are also amendments to IFRS 7 Financial Instruments: Disclosures to enable users of financial statements to understand the effect of interest rate benchmark reform on an entity&#x2019;s financial instruments and risk management strategy. While application is retrospective, an entity is not required to restate prior periods. Management has assessed that these amendments had no impact on the Company&#x2019;s financial position or performance.&lt;/td&gt;&lt;/tr&gt;
                                                            &lt;/table&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"/&gt;

&lt;p id="xdx_855_z8y2iZ5jlBA3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/&gt;

&lt;p id="xdx_84F_ecustom--DisclosureOfAdvancesForVesselsAcquisitionExplanatory_z2gausFstQod" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_86B_zaBtQrgr97P2"&gt;&lt;b&gt;Advances
for vessels acquisition&lt;/b&gt;&lt;/span&gt;&lt;b&gt;: &lt;/b&gt;Advances to sellers of second-hand vessels to be acquired are classified as
&#x201c;Advances for vessels acquisition&#x201d; until the date of delivery and acceptance of the vessel, at which date they are
reclassified to &#x201c;Vessels, net&#x201d;.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: justify"/&gt;

&lt;p id="xdx_858_zEyq6tgYuhGb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p id="xdx_846_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_zMYpNl3e1E02" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_86A_zoSCQXpnIY4d"&gt;&lt;b&gt;Interest
Rate Swap&lt;/b&gt;&lt;/span&gt;&lt;b&gt;: &lt;/b&gt;The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest
rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that
are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant
observable inputs and minimising the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted
cash flow (see also note 12). The Company has not designated these interest rate swaps for hedge accounting.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The fair value of the Interest Rate Swaps
is classified under &#x201c;Fair value of derivative financial instruments&#x201d; either under assets or liabilities in the statement of
financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months,
is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The change in fair value deriving from
the valuation of the Interest Rate Swap at the end of each reporting period is classified under &#x201c;Loss on derivative financial instruments&#x201d;
in the statement of comprehensive loss. Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under
&#x201c;Loss on derivative financial instruments&#x201d; in the statement of comprehensive loss.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p id="xdx_853_zhPZrSTI1Cq4" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"/&gt;&lt;/p&gt;

&lt;p id="xdx_845_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_zcD4F4cX6hNb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_863_zxhrpY8AizLb"&gt;&lt;b&gt;Standards
issued but not yet effective and not early adopted&lt;/b&gt;&lt;/span&gt;&lt;b&gt;:&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 18pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;IAS 1 Presentation of Financial Statements and IFRS Practice Statement
2: Disclosure of Accounting policies (Amendments):&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td&gt;&#160;&lt;/td&gt;&lt;td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;The Amendments are effective
               for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance
               on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1
               replace the requirement to disclose &#x201c;significant&#x201d; accounting policies with a requirement to disclose &#x201c;material&#x201d;
               accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application
               of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing
               these amendments for possible impact on the Company&#x2019;s disclosures.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
                                                                       &lt;/table&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&#160;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 18pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;IAS 8 Accounting policies, Changes in Accounting Estimates and Errors:
Definition of Accounting Estimates (Amendments):&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;The
                                            amendments become effective for annual reporting periods beginning on or after January 1,
                                            2023 with earlier application permitted and apply to changes in accounting policies and changes
                                            in accounting estimates that occur on or after the start of that period. The amendments introduce
                                            a new definition of accounting estimates, defined as monetary amounts in financial statements
                                            that are subject to measurement uncertainty. Also, the amendments clarify what changes in
                                            accounting estimates are and how these differ from changes in accounting policies and corrections
                                            of errors. Management is in process of assessing these amendments for possible impact on
                                            the Company&#x2019;s financial position or performance.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;


&lt;p id="xdx_857_z3gZRY3M2ve9" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory>
    <ifrs-full:DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_843_eifrs-full--DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory_z3IpUfDfHUy5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"&gt;&lt;span id="xdx_861_ztrMEVVtRKY"&gt;Interest Rate Benchmark Reform&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"/&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="display: none"/&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 18pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 9pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Interest Rate Benchmark Reform &#x2013; Phase 2 &#x2013; IFRS 9, IAS 39,
IFRS 7, IFRS 4 and IFRS 16 (Amendments)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td&gt;&#160;&lt;/td&gt;&lt;td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;In August 2020, the IASB published Interest Rate Benchmark Reform &#x2013; Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, completing its work in response to IBOR reform. The amendments provide temporary reliefs which address the financial reporting effects when an interbank offered rate (IBOR) is replaced with an alternative nearly risk-free interest rate (RFR). In particular, the amendments provide for a practical expedient when accounting for changes in the basis for determining the contractual cash flows of financial assets and liabilities, to require the effective interest rate to be adjusted, equivalent to a movement in a market rate of interest. Also, the amendments introduce reliefs from discontinuing hedge relationships including a temporary relief from having to meet the separately identifiable requirement when an RFR instrument is designated as a hedge of a risk component. There are also amendments to IFRS 7 Financial Instruments: Disclosures to enable users of financial statements to understand the effect of interest rate benchmark reform on an entity&#x2019;s financial instruments and risk management strategy. While application is retrospective, an entity is not required to restate prior periods. Management has assessed that these amendments had no impact on the Company&#x2019;s financial position or performance.&lt;/td&gt;&lt;/tr&gt;
                                                            &lt;/table&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"/&gt;

</ifrs-full:DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory>
    <glbs:DisclosureOfAdvancesForVesselsAcquisitionExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_84F_ecustom--DisclosureOfAdvancesForVesselsAcquisitionExplanatory_z2gausFstQod" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_86B_zaBtQrgr97P2"&gt;&lt;b&gt;Advances
for vessels acquisition&lt;/b&gt;&lt;/span&gt;&lt;b&gt;: &lt;/b&gt;Advances to sellers of second-hand vessels to be acquired are classified as
&#x201c;Advances for vessels acquisition&#x201d; until the date of delivery and acceptance of the vessel, at which date they are
reclassified to &#x201c;Vessels, net&#x201d;.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: justify"/&gt;

</glbs:DisclosureOfAdvancesForVesselsAcquisitionExplanatory>
    <ifrs-full:DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_846_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_zMYpNl3e1E02" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_86A_zoSCQXpnIY4d"&gt;&lt;b&gt;Interest
Rate Swap&lt;/b&gt;&lt;/span&gt;&lt;b&gt;: &lt;/b&gt;The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest
rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that
are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant
observable inputs and minimising the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted
cash flow (see also note 12). The Company has not designated these interest rate swaps for hedge accounting.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The fair value of the Interest Rate Swaps
is classified under &#x201c;Fair value of derivative financial instruments&#x201d; either under assets or liabilities in the statement of
financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months,
is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The change in fair value deriving from
the valuation of the Interest Rate Swap at the end of each reporting period is classified under &#x201c;Loss on derivative financial instruments&#x201d;
in the statement of comprehensive loss. Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under
&#x201c;Loss on derivative financial instruments&#x201d; in the statement of comprehensive loss.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

</ifrs-full:DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory>
    <ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_845_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_zcD4F4cX6hNb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_863_zxhrpY8AizLb"&gt;&lt;b&gt;Standards
issued but not yet effective and not early adopted&lt;/b&gt;&lt;/span&gt;&lt;b&gt;:&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 18pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;IAS 1 Presentation of Financial Statements and IFRS Practice Statement
2: Disclosure of Accounting policies (Amendments):&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td&gt;&#160;&lt;/td&gt;&lt;td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;The Amendments are effective
               for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance
               on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1
               replace the requirement to disclose &#x201c;significant&#x201d; accounting policies with a requirement to disclose &#x201c;material&#x201d;
               accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application
               of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing
               these amendments for possible impact on the Company&#x2019;s disclosures.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
                                                                       &lt;/table&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&#160;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 18pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font: 10pt Symbol"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;IAS 8 Accounting policies, Changes in Accounting Estimates and Errors:
Definition of Accounting Estimates (Amendments):&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;The
                                            amendments become effective for annual reporting periods beginning on or after January 1,
                                            2023 with earlier application permitted and apply to changes in accounting policies and changes
                                            in accounting estimates that occur on or after the start of that period. The amendments introduce
                                            a new definition of accounting estimates, defined as monetary amounts in financial statements
                                            that are subject to measurement uncertainty. Also, the amendments clarify what changes in
                                            accounting estimates are and how these differ from changes in accounting policies and corrections
                                            of errors. Management is in process of assessing these amendments for possible impact on
                                            the Company&#x2019;s financial position or performance.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;


</ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations>
    <ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_803_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zpj5PsCyxQP6" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_825_zvPWemF3nzkl"&gt;Cash
and cash equivalents and Restricted cash&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;For the purpose of the interim condensed consolidated
statement of financial position, cash and cash equivalents comprise the following:&lt;/p&gt;

&lt;p id="xdx_897_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zYSfp8XBzns4" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_8B4_zbS3ms3yaF0a" style="display: none"&gt;Cash
and cash equivalents and Restricted cash&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20210630_z7zPGXIXCTBi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49C_20201231_zcAshZzw9ifi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--CashOnHand_iI_pn3n3_maCACEzfHh_zN7DB1kdWRfe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Cash on hand&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;36&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;13&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzfHh_zs6XSWquxNG7" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Cash at banks&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;74,734&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;19,024&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzfHh_zNr0AooZQXT1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;74,770&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;19,037&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A1_zqJa972n3j8e" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Cash held in banks earns
interest at floating rates based on daily bank deposit rates. Bank deposits are made for varying periods of between one day and three
months, depending on the immediate cash requirements of the Company and earn interest at the respective bank deposit rates.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;As at June 30, 2021, in order to fulfil the
collateral requirements contained in the loan agreement (Note 8), the Company has pledged an aggregate amount of $&lt;span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_z27lSFsCKdn2"&gt;3,741
&lt;/span&gt;($&lt;span id="xdx_908_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zRoUW8krBGib"&gt;2,066&lt;/span&gt; as at December
31, 2020). This amount is presented in the accompanying condensed consolidated statement of financial position at June 30, 2021, under
restricted cash current $&lt;span id="xdx_90D_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_z6VGuXVyeYza"&gt;275&lt;/span&gt;
($&lt;span id="xdx_90E_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zk1WifPDSgPa"&gt;816&lt;/span&gt; as at December 31,
2020) and restricted cash non-current $&lt;span id="xdx_90E_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_zF37b6T5IlFj"&gt;3,466
&lt;/span&gt;($&lt;span id="xdx_909_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zGAKXeRcuytl"&gt;1,250&lt;/span&gt; as at
December 31, 2020).&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory>
    <glbs:DisclosureOfCashAndBankBalancesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_897_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zYSfp8XBzns4" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_8B4_zbS3ms3yaF0a" style="display: none"&gt;Cash
and cash equivalents and Restricted cash&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20210630_z7zPGXIXCTBi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49C_20201231_zcAshZzw9ifi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--CashOnHand_iI_pn3n3_maCACEzfHh_zN7DB1kdWRfe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Cash on hand&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;36&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;13&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzfHh_zs6XSWquxNG7" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Cash at banks&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;74,734&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;19,024&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzfHh_zNr0AooZQXT1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;74,770&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;19,037&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</glbs:DisclosureOfCashAndBankBalancesExplanatory>
    <ifrs-full:CashOnHand contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">36000</ifrs-full:CashOnHand>
    <ifrs-full:CashOnHand contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">13000</ifrs-full:CashOnHand>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">74734000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19024000</ifrs-full:BalancesWithBanks>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">74770000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">19037000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:RestrictedCashAndCashEquivalents contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">3741000</ifrs-full:RestrictedCashAndCashEquivalents>
    <ifrs-full:RestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2066000</ifrs-full:RestrictedCashAndCashEquivalents>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">275000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">816000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:NoncurrentRestrictedCashAndCashEquivalents contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">3466000</ifrs-full:NoncurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:NoncurrentRestrictedCashAndCashEquivalents contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">1250000</ifrs-full:NoncurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_80D_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_zaFr1n65lPC3" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;4.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span id="xdx_826_zbeiZrIidiAh"&gt;Transactions with Related
Parties&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Details of the Company&#x2019;s transactions
with related parties did not change in the six-month period ended June 30, 2021 and are discussed in Note 4 to the Company&#x2019;s consolidated
financial statements as of and for the year ended December 31, 2020, included in the 2020 Annual Report except for the transactions described
below.&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On March 2, 2021, the Company entered into
a stock purchase agreement and issued &lt;span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zDZgtqP3Q584"&gt;10,000
&lt;/span&gt;Series B Preferred Shares, par value $&lt;span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zXJ8rrgibkI5"&gt;0.001
&lt;/span&gt;per share, to Goldenmare Limited, a company controlled by the Company&#x2019;s Chief Executive Officer, Athanasios Feidakis, in
return for $&lt;span id="xdx_907_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zI8qw6VaDjAd" title="Issuance of Class B preferred shares"&gt;130&lt;/span&gt;,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable as executive compensation by the Company to Goldenmare
Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare
Limited was approved by an independent
committee of the Company&#x2019;s Board of Directors.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_901_ecustom--VotingRights_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTn3ao8Iavii"&gt;As of June 30, 2021, Goldenmare Limited
owns &lt;span id="xdx_906_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z2MjjtuPP798"&gt;10,300&lt;/span&gt; of the Company&#x2019;s Series B preferred shares. Each Series B preferred share has 25,000 votes, provided that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the
total number of votes eligible to be cast on any matter submitted to a vote of shareholders.&lt;/span&gt; Except as otherwise provided by applicable
law, holders of the Company&#x2019;s Series B preferred shares and the Company&#x2019;s common shares vote together as a single class on
all matters submitted to a vote of shareholders, including the election of directors. Athanasios Feidakis has substantial control and
influence over the Company&#x2019;s management and affairs and over matters requiring shareholder approval, including the election of
directors and significant corporate transactions, through his ability to direct the vote of such Series B preferred shares.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

</ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">10000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">130000</glbs:IssueOfPreferredShares>
    <glbs:VotingRights contextRef="From2021-01-012021-06-30_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember">As of June 30, 2021, Goldenmare Limited
owns 10,300 of the Company&#x2019;s Series B preferred shares. Each Series B preferred share has 25,000 votes, provided that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the
total number of votes eligible to be cast on any matter submitted to a vote of shareholders.</glbs:VotingRights>
    <ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates
      contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">10300</ifrs-full:SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates>
    <ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_805_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zFPa5szwM4l4" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;5.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span id="xdx_820_zgWseZdw4Nma"&gt;Vessels,
net&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The amounts in the interim condensed consolidated
statement of financial position are analysed as follows:&#160;&lt;/p&gt;

&lt;p id="xdx_899_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_zMoWaqwabnW7" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;span id="xdx_8BA_zKfbD7Foemyh" style="display: none"&gt;Vessels, net - Consolidated statement of financial position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 70%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Vessels cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Vessels depreciation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Dry docking costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Depreciation of dry-docking costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Net Book Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Balance at January 1, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDSW3hCbAvDb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;162,992&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z99NSe4WoV65" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(104,111)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zLEZidaWVJ87" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;11,883&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zDO5RDTBng75" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(8,414)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zfMu8cEDncRk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;62,350&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z6ScaJbPgGvi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"&gt;&lt;span style="font-size: 9pt"&gt;26,431&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znFE5r7vAthf" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"&gt;&lt;span style="font-size: 9pt"&gt;1,904&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zThAeQmJuVX9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"&gt;&lt;span style="font-size: 9pt"&gt;28,335&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Depreciation &amp;amp; Amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z5HY8jq5OP35" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp;amp; Amortization"&gt;&lt;span style="font-size: 9pt"&gt;(1,418)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zGJRSAmGw0la" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp;amp; Amortization"&gt;&lt;span style="font-size: 9pt"&gt;(1,115)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z8uTngv9Rexj" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp;amp; Amortization"&gt;&lt;span style="font-size: 9pt"&gt;(2,533)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Balance at June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHFxi4oVett4" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;189,423&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zJwNyR6gjGh" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(105,529)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ2MCvHkTznk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;13,787&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zutZcE1NfO0j" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(9,529)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zxHaAg2F40Jj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;88,152&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
&lt;p id="xdx_8A4_zPmNKfXGzE2a" style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On February 18, 2021, the Company entered
into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#x201c;Nord Venus&#x201d;, a &lt;span id="xdx_909_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zA52Twq1cOPg"&gt;2011&lt;/span&gt;-built &lt;span id="xdx_905_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zG6vLCPwJbA9"&gt;Kamsarmax &lt;/span&gt;dry
bulk carrier, for a purchase price of $&lt;span id="xdx_903_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember__ifrs-full--RangeAxis__custom--DeliveryDateMayMember_zdi9hVir3uTl" title="Purchase price"&gt;16.5 &lt;/span&gt;million,
if delivered up to May 31, 2021 or $&lt;span id="xdx_909_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember__ifrs-full--RangeAxis__custom--DeliveryDateAugustMember_z4UJ7XKiC7Pe" title="Purchase price"&gt;16.2 &lt;/span&gt;million
if delivered between June 1, 2021 and August 15, 2021. The m/v &#x201c;Nord Venus&#x201d; was built at the Universal Shipbuilding
Corporation in Japan and has a carrying capacity of &lt;span id="xdx_909_ecustom--VesselCapacity_uPure_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zF7t9rcxA9I1"&gt;80,655 &lt;/span&gt;dwt.
The agreement was subject to customary closing conditions. As at June 30, 2021 the Company proceeded to the payment of an amount of
$&lt;span id="xdx_904_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zfVc1zbaWhu"&gt;1,620 &lt;/span&gt;representing &lt;span id="xdx_904_ecustom--PercentatgeOfPurchasePrice_pid_dp_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_z3MTqOZBntgk" title="Percentatge of purchase price"&gt;10&lt;/span&gt;%
of the acquisition price, as per the terms of the relevant agreement. The amount is included in Advances for vessels acquisition in
the accompanying condensed consolidated statements of financial position. On &lt;span id="xdx_90F_ecustom--VesselDeliveryDate_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_z9uKEcRpoQn5"&gt;July
20, 2021&lt;/span&gt;, the Company took delivery of the m/v &#x201c;Nord Venus&#x201d; that was renamed to &#x201c;Power Globe&#x201d; (see
also Note 13).&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vessels,
net (continued)&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On March 19, 2021, the Company entered into
a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#x201c;Yangze 11&#x201d;, a &lt;span id="xdx_901_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJEP3WVExGo8"&gt;2018&lt;/span&gt;-built
&lt;span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zqYdfvdqyeO5"&gt;Kamsarmax
&lt;/span&gt;dry bulk carrier, for a purchase price of $&lt;span id="xdx_90E_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zU16Q8UOj4a1"&gt;27
&lt;/span&gt;million, the vessel cost amounted to $&lt;span id="xdx_90B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zG9xPxizZCqh" title="Vessel cost"&gt;26.4&lt;/span&gt; million, and the imputed dry-docking cost amounted to $&lt;span id="xdx_909_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJJEIGqKwvg5" title="Dry-docking cost"&gt;0.6
&lt;/span&gt;million. The m/v &#x201c;Yangze 11&#x201d; was built at Jiangsu New Yangzi Shipbuilding Co., Ltd and has a carrying capacity of
&lt;span id="xdx_90F_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_z6fXB9nyuEw3"&gt;82,027
&lt;/span&gt;dwt. On &lt;span id="xdx_903_ecustom--VesselDeliveryDate_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zV4DaJagNJPj"&gt;June
9, 2021&lt;/span&gt;, the Company took delivery of the m/v &#x201c;Yangze 11&#x201d; that was renamed to &#x201c;Diamond Globe&#x201d;.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_90C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_do_c20210101__20210630_zeXp6oGK0es"&gt;No&lt;/span&gt; impairment was recognized
for the first half of 2021($&lt;span id="xdx_905_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20200630_zFhy966VNi57" title="Impairment loss"&gt;4,615&lt;/span&gt; for the first half of 2020).&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_899_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_zMoWaqwabnW7" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;span id="xdx_8BA_zKfbD7Foemyh" style="display: none"&gt;Vessels, net - Consolidated statement of financial position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 70%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Vessels cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Vessels depreciation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Dry docking costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Depreciation of dry-docking costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Net Book Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Balance at January 1, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDSW3hCbAvDb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;162,992&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z99NSe4WoV65" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(104,111)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zLEZidaWVJ87" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;11,883&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zDO5RDTBng75" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(8,414)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zfMu8cEDncRk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;62,350&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z6ScaJbPgGvi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"&gt;&lt;span style="font-size: 9pt"&gt;26,431&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znFE5r7vAthf" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"&gt;&lt;span style="font-size: 9pt"&gt;1,904&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zThAeQmJuVX9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"&gt;&lt;span style="font-size: 9pt"&gt;28,335&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Depreciation &amp;amp; Amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z5HY8jq5OP35" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp;amp; Amortization"&gt;&lt;span style="font-size: 9pt"&gt;(1,418)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zGJRSAmGw0la" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp;amp; Amortization"&gt;&lt;span style="font-size: 9pt"&gt;(1,115)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z8uTngv9Rexj" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp;amp; Amortization"&gt;&lt;span style="font-size: 9pt"&gt;(2,533)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Balance at June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHFxi4oVett4" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;189,423&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zJwNyR6gjGh" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(105,529)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ2MCvHkTznk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;13,787&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zutZcE1NfO0j" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(9,529)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zxHaAg2F40Jj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;88,152&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
</glbs:DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory>
    <ifrs-full:Ships
      contextRef="AsOf2020-12-31_ifrs-full_ShipsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">162992000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2020-12-31_ifrs-full_ShipsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">-104111000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">11883000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2020-12-31_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">-8414000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2020-12-31_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">62350000</ifrs-full:Ships>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-06-30_ifrs-full_ShipsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">26431000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-06-30_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">1904000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-06-30_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">28335000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2021-01-012021-06-30_ifrs-full_ShipsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">1418000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2021-01-012021-06-30_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">1115000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:DepreciationAndAmortisationExpense
      contextRef="From2021-01-012021-06-30_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">2533000</ifrs-full:DepreciationAndAmortisationExpense>
    <ifrs-full:Ships
      contextRef="AsOf2021-06-30_ifrs-full_ShipsMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">189423000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2021-06-30_ifrs-full_ShipsMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">-105529000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2021-06-30_custom_DryDockingMember_ifrs-full_GrossCarryingAmountMember"
      decimals="-3"
      unitRef="USD">13787000</ifrs-full:Ships>
    <glbs:AccumulatedDepreciationPropertyPlantAndEquipment
      contextRef="AsOf2021-06-30_custom_DryDockingMember_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"
      decimals="-3"
      unitRef="USD">-9529000</glbs:AccumulatedDepreciationPropertyPlantAndEquipment>
    <ifrs-full:Ships
      contextRef="AsOf2021-06-30_custom_CarryingAmountIMember"
      decimals="-3"
      unitRef="USD">88152000</ifrs-full:Ships>
    <glbs:VesselYearBuilt contextRef="From2021-01-012021-02-18_custom_NordVenusMember">2011</glbs:VesselYearBuilt>
    <glbs:VesselType contextRef="From2021-01-012021-02-18_custom_NordVenusMember">Kamsarmax</glbs:VesselType>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-02-18_custom_NordVenusMember_custom_DeliveryDateMayMember"
      decimals="0"
      unitRef="USD">16500000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-02-18_custom_NordVenusMember_custom_DeliveryDateAugustMember"
      decimals="0"
      unitRef="USD">16200000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <glbs:VesselCapacity
      contextRef="From2021-01-012021-02-18_custom_NordVenusMember"
      decimals="INF"
      unitRef="Pure">80655</glbs:VesselCapacity>
    <ifrs-full:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-06-30_custom_NordVenusMember"
      decimals="-3"
      unitRef="USD">1620000</ifrs-full:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities>
    <glbs:PercentatgeOfPurchasePrice
      contextRef="From2021-01-012021-06-30_custom_NordVenusMember"
      decimals="INF"
      unitRef="Pure">0.10</glbs:PercentatgeOfPurchasePrice>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_NordVenusMember">July
20, 2021</glbs:VesselDeliveryDate>
    <glbs:VesselYearBuilt contextRef="From2021-01-012021-03-19_custom_Yangze11Member">2018</glbs:VesselYearBuilt>
    <glbs:VesselType contextRef="From2021-01-012021-03-19_custom_Yangze11Member">Kamsarmax</glbs:VesselType>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-03-19_custom_Yangze11Member"
      decimals="0"
      unitRef="USD">27000000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
      contextRef="From2021-01-012021-03-19_custom_Yangze11Member"
      decimals="0"
      unitRef="USD">26400000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment>
    <glbs:DryDockingCostCapitalised
      contextRef="From2021-01-012021-03-19_custom_Yangze11Member"
      decimals="0"
      unitRef="USD">600000</glbs:DryDockingCostCapitalised>
    <glbs:VesselCapacity
      contextRef="From2021-01-012021-03-19_custom_Yangze11Member"
      decimals="INF"
      unitRef="Pure">82027</glbs:VesselCapacity>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-06-30_custom_Yangze11Member">June
9, 2021</glbs:VesselDeliveryDate>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2021-01-01to2021-06-30"
      decimals="-3"
      unitRef="USD">0</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
      contextRef="From2020-01-012020-06-30"
      decimals="-3"
      unitRef="USD">4615000</ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment>
    <ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_80A_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_z2eT1mb8PZp5" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_82D_zV4INqwshGXh"&gt;Share
Capital and Share Premium&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;The authorised share capital
of Globus consisted of the following:&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p id="xdx_892_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zOF50HzMGl7b" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_8BE_zV9pnupKXXnd" style="display: none"&gt;Share
Capital and Share Premium - Authorised share capital&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June 30,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;December 31,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Authorised share capital:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zp0dpcrQCJk8" title="Number of shares authorised"&gt;&lt;span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zLHRJX1k1rKl"&gt;500,000,000&lt;/span&gt;&lt;/span&gt; Common Shares of par value $&lt;span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0pX1h5KIjq2" title="Par value per share"&gt;&lt;span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zczhWdRrRvVh"&gt;0.004&lt;/span&gt;&lt;/span&gt; each&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90D_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zzLNM8NFBL92" title="Value of shares authorised"&gt;2,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zyJ44p4iAy8g" title="Value of shares authorised"&gt;2,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zq4LnhYczGk" title="Number of shares authorised"&gt;&lt;span id="xdx_90D_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zymItkR6YIpk"&gt;100,000,000&lt;/span&gt;&lt;/span&gt; Class B common shares of par value $&lt;span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zs8DtVVcwAR6" title="Par value per share"&gt;&lt;span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zBc3wc2x5y6l"&gt;0.001&lt;/span&gt;&lt;/span&gt; each&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zqrvCtDK1Kf8" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziMF3LfjmbUe" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90F_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zqQCWYgnwWN3" title="Number of shares authorised"&gt;&lt;span id="xdx_908_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zVFoh1nFdkJ4"&gt;100,000,000&lt;/span&gt;&lt;/span&gt; Preferred shares of par value $&lt;span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zDyTHjaNBRDc" title="Par value per share"&gt;&lt;span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zIWHVKFsuSCf"&gt;0.001&lt;/span&gt;&lt;/span&gt; each &lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_z8nQLBwkMZqf" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zjOri6JmzYda" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total authorised share capital&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630_zwTkjI6pG3Y" title="Value of shares authorised"&gt;2,200&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zwMHu0o71Cg3" title="Value of shares authorised"&gt;2,200&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
&lt;p id="xdx_8A4_zN6BvnWBu8qc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span id="xdx_909_ecustom--VotingRights_c20210101__20210630_zSk46bQTaRo4"&gt;Holders of the Company&#x2019;s
common shares and Class B shares have equivalent economic rights, but holders of Company&#x2019;s common shares are entitled to one vote
per share and holders of the Company&#x2019;s Class B shares are entitled to twenty votes per share. Each holder of Class B shares may
convert, at its option, any or all of the Class B shares held by such holder into an equal number of common shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89E_ecustom--DisclosureOfCommonSharesExplanatory_zJM6hIxGJp44" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_8BC_zZZwB3JUS8Wf" style="display: none"&gt;Share
Capital and Share Premium - Common shares issued and fully paid&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: middle; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt; text-align: left"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Common Shares issued and fully paid&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued Share Capital &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of January 1, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znO6L3EDZ2J" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;3,040,123&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zN1ucmRfpMW6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;12&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issued during the period for share based compensation (Note 9)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zAiWn0EQ5pO7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"&gt;&lt;span style="font-size: 9pt"&gt;4,012&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvG9Jn9hbNp7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;14,905,000&lt;/span&gt;&lt;/td&gt;
    &lt;td/&gt;
    &lt;td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zxAAkv89gam4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;60&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of common stock due to exercise of pre-funded warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zXANz0ZvjkBe" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;2,075,000&lt;/span&gt;&lt;/td&gt;
    &lt;td/&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3UNzenwfQb3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;8&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zGMdAr7OIkPd" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;20,024,135&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zQZYrzQx1tU5" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;80&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="text-align: left; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Common Shares issued and fully paid&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued Share Capital &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zpQh1VpKhcZc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;52,235&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td/&gt;
    &lt;td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeDi1gRcG0Xg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issued during the period for share based compensation (Note 9)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zZe1NFpBlQk5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"&gt;&lt;span style="font-size: 9pt"&gt;217&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of common stocks due conversion of loan (Note 8)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_iP3custom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zI4TMESJrJh3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stocks due conversion of loan (Note 8)"&gt;&lt;span style="font-size: 9pt"&gt;11,678&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuQJpSIVNSb5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;852,750&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zKszpaOoOlc4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;4&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of common stock due to exercise of pre-funded warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zexFaAV1jNJ4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;5,550&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_ztGzwdnPPcK8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of June 30, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zikod2mGf5wl" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;922,430&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zaV4IqN60NT9" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
&lt;p id="xdx_8AD_zDYR8VIqLKhb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On March 2, 2021, the Company entered into
a stock purchase agreement and issued &lt;span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zRu58O26L3t2"&gt;10,000&lt;/span&gt; Series B Preferred Shares, par value $&lt;span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zFdmH40cJsWf"&gt;0.001&lt;/span&gt; per share, to Goldenmare Limited, a company controlled
by the Company&#x2019;s Chief Executive Officer, Athanasios Feidakis, in return for $&lt;span id="xdx_900_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zLUAcogWAVEe" title="Issuance of preferred shares"&gt;130&lt;/span&gt;, which amount was settled by reducing, on a dollar-for-dollar
basis, the amount payable as executive compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The issuance of the Series B preferred shares
to Goldenmare Limited were approved by an independent committee of the Company&#x2019;s Board of Directors.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;As of June 30, 2021, the
Company had &lt;span id="xdx_902_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziT8Ck8o6Hc8"&gt;no&lt;/span&gt; Class B common shares and &lt;span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zbWspIf85q62" title="Number of shares outstanding"&gt;10,300&lt;/span&gt; Series B Preferred Shares outstanding.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital and Share Premium (continued)&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Share premium includes the contribution of
Globus&#x2019; shareholders for the acquisition of the Company&#x2019;s vessels. Additionally, share premium includes the effects of the
acquisition of non-controlling interest, the effects of the Globus initial and follow-on public offerings and the effects of the share-based
payments described in Note 9. At June 30, 2021 and December 31, 2020, Globus share premium amounted to $&lt;span id="xdx_903_eifrs-full--SharePremium_iI_pn3n3_c20210630_zyFcfr3urnhl"&gt;284,383&lt;/span&gt; and $&lt;span id="xdx_903_eifrs-full--SharePremium_iI_pn3n3_c20201231_zGTx7jPMsEW2"&gt;195,102&lt;/span&gt;, respectively.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On January 13, 2021, the remaining pre-funded
warrants from the December 2020 Pre-Funded Warrants were exercised and &lt;span id="xdx_901_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20210101__20210113__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zyGsQxWIQAY2" title="Common stock due to exercise of warrants"&gt;130,000&lt;/span&gt; common shares, par value $&lt;span id="xdx_907_eifrs-full--ParValuePerShare_iI_c20210113__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z6iXwncVMwp4" title="Par value per share | $ / shares"&gt;0.004&lt;/span&gt; per share were issued.&lt;/p&gt;


&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On January 27, 2021, the Company entered into
a securities purchase agreement with certain unaffiliated institutional investors to issue (a) &lt;span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zo9E9XFPkGV7"&gt;2,155,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_90F_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0UAV3nzUKf6"&gt;0.004
&lt;/span&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zGto23OpTFH7"&gt;445,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_904_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zUgnV8SaHOC2"&gt;0.004
&lt;/span&gt;per share and (c) warrants (the &#x201c;January 2021 Warrants&#x201d;) to purchase &lt;span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_z62icCh62lZg"&gt;1,950,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_908_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_zyPKvy6i4QL1"&gt;0.004
&lt;/span&gt;per share, at an exercise price of $&lt;span id="xdx_900_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_zVKlsr37KNIe"&gt;6.25
&lt;/span&gt;per share. Total proceeds, net of commission retained by the placement agent, amounted to $&lt;span id="xdx_907_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgi2JfOEFyS3"&gt;15,108&lt;/span&gt;,
before issuance expenses of $&lt;span id="xdx_90B_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z3tBR0tdGEod"&gt;120&lt;/span&gt;.
All &lt;span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zaKXDqzEB7Ya"&gt;445,000
&lt;/span&gt;pre-funded warrants were exercised subsequently with total proceeds of $&lt;span id="xdx_90E_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z4UwuuPV0LMl"&gt;5&lt;/span&gt;.
No January 2021 Warrants have been exercised as of September 27, 2021.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The January 2021 Warrants are exercisable for
a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder,
in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for
the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying
the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through
a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to
the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated
damages provisions.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On February 12, 2021, the Company entered
into a securities purchase agreement with certain unaffiliated institutional investors to issue (a) &lt;span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zipEoe89qLr6"&gt;3,850,000
&lt;/span&gt;common shares par value $&lt;span id="xdx_90B_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zWWicEJrMb9h"&gt;0.004
&lt;/span&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zuH7fjsrajbg"&gt;950,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_903_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z2ZV5Kgi3aS6"&gt;0.004
&lt;/span&gt;par value, and (c) warrants (the &#x201c;February 2021 Warrants&#x201d;) to purchase &lt;span id="xdx_900_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zua5vhLz9Xoe"&gt;4,800,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_90F_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zLRBqocyc02j"&gt;0.004
&lt;/span&gt;per share, at an exercise price of $&lt;span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zAz6OmvkI4Pf"&gt;6.25
&lt;/span&gt;per share. Total proceeds, net of commission retained by the placement agent, amounted, to $&lt;span id="xdx_901_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzQFflXw11pd"&gt;27,891&lt;/span&gt;,
before issuance expenses of $&lt;span id="xdx_907_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zTyGAAojOAD5"&gt;152&lt;/span&gt;.
All &lt;span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zUFuRdHWqxte"&gt;950,000&lt;/span&gt; pre-funded warrants were exercised subsequently with total proceeds of $&lt;span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zBIe3oQUmSVd"&gt;10&lt;/span&gt;.
No February 2021 Warrants have been exercised as of September 27, 2021.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The February 2021 Warrants are exercisable
for a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder,
in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for
the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying
the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through
a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to
the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated
damages provisions.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;On June 25, 2021, the Company entered into
a securities purchase agreement with certain unaffiliated institutional investors to issue (a) &lt;span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNwnU0lFAcMl"&gt;8,900,000
&lt;/span&gt;common shares par value $&lt;span id="xdx_907_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzB1gWmQpGdl"&gt;0.004
&lt;/span&gt;per share, (b) pre-funded warrants to purchase &lt;span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zfJEb37Qk9A4"&gt;1,100,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_90A_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zJPmhBl4fsxc"&gt;0.004
&lt;/span&gt;par value, and (c) warrants (the &#x201c;June 2021 Warrants&#x201d;) to purchase &lt;span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_zAB0jRvnO8p5"&gt;10,000,000
&lt;/span&gt;common shares, par value $&lt;span id="xdx_90E_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_zkVU3IuNcSRk"&gt;0.004
&lt;/span&gt;per share, at an exercise price of $&lt;span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_z87fwwmfCCG3"&gt;5.00
&lt;/span&gt;per share. Total proceeds, net of commission retained by the placement agent, amounted to $&lt;span id="xdx_909_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zSSqxcxWM8xb"&gt;46,581&lt;/span&gt;,
before issuance expenses of approximately $&lt;span id="xdx_907_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zdNbGQTmXyW1"&gt;129&lt;/span&gt;.
As of June 30, 2021 &lt;span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zZXDOqO1lRL6"&gt;550,000
&lt;/span&gt;pre-funded warrants were exercised and the total proceeds amounted to $&lt;span id="xdx_905_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210213__20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zb6k3IC8r3G8"&gt;5&lt;/span&gt;.
The remaining &lt;span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--SubsequentPreFundedWarrantsMember_z1mzi2yh4VQ4"&gt;550,000
&lt;/span&gt;pre-funded warrants were exercised subsequently. No June 2021 Warrants have been exercised as of September 27, 2021.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;The June 2021 Warrants
are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option
of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available
funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common
shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the
warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined
according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains
certain liquidated damages provisions.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;As of June 30,
2021, the Company had issued &lt;span id="xdx_903_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_zF7DPz7H3eX5" title="Issuance of common stock due to exercise of warrants"&gt;5,550&lt;/span&gt;
common shares pursuant to exercise of outstanding Class A Warrants as defined in the 2020 Annual Report and had &lt;span id="xdx_909_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_z3JnV6XdUM0d" title="Number of outstanding warrants"&gt;388,700&lt;/span&gt;
Class A Warrants outstanding to purchase an aggregate of &lt;span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_zH6h6aLPkBzc" title="Number of shares called by warrants"&gt;388,700&lt;/span&gt;
common shares.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 96.4pt; text-align: justify; text-indent: -25.55pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital and Share Premium (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;As of June 30,
2021, no PP Warrants as defined in the 2020 Annual Report had been exercised and the Company had &lt;span id="xdx_90E_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PPWarrantsMember_zLfH36p0osi1"&gt;1,291,833&lt;/span&gt;
PP Warrants outstanding to purchase an aggregate of &lt;span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PPWarrantsMember_zjZk9jW5tDad"&gt;1,291,833&lt;/span&gt;
common.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;The Company&#x2019;s
warrants are classified in equity, following the Company&#x2019;s assessment that warrants meet the equity classification criteria as
per IAS 32.&lt;/p&gt;


&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory>
    <ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_892_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zOF50HzMGl7b" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_8BE_zV9pnupKXXnd" style="display: none"&gt;Share
Capital and Share Premium - Authorised share capital&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June 30,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;December 31,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Authorised share capital:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zp0dpcrQCJk8" title="Number of shares authorised"&gt;&lt;span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zLHRJX1k1rKl"&gt;500,000,000&lt;/span&gt;&lt;/span&gt; Common Shares of par value $&lt;span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0pX1h5KIjq2" title="Par value per share"&gt;&lt;span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zczhWdRrRvVh"&gt;0.004&lt;/span&gt;&lt;/span&gt; each&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90D_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zzLNM8NFBL92" title="Value of shares authorised"&gt;2,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zyJ44p4iAy8g" title="Value of shares authorised"&gt;2,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zq4LnhYczGk" title="Number of shares authorised"&gt;&lt;span id="xdx_90D_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zymItkR6YIpk"&gt;100,000,000&lt;/span&gt;&lt;/span&gt; Class B common shares of par value $&lt;span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zs8DtVVcwAR6" title="Par value per share"&gt;&lt;span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zBc3wc2x5y6l"&gt;0.001&lt;/span&gt;&lt;/span&gt; each&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zqrvCtDK1Kf8" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziMF3LfjmbUe" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90F_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zqQCWYgnwWN3" title="Number of shares authorised"&gt;&lt;span id="xdx_908_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zVFoh1nFdkJ4"&gt;100,000,000&lt;/span&gt;&lt;/span&gt; Preferred shares of par value $&lt;span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zDyTHjaNBRDc" title="Par value per share"&gt;&lt;span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zIWHVKFsuSCf"&gt;0.001&lt;/span&gt;&lt;/span&gt; each &lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_z8nQLBwkMZqf" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zjOri6JmzYda" title="Value of shares authorised"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total authorised share capital&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630_zwTkjI6pG3Y" title="Value of shares authorised"&gt;2,200&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zwMHu0o71Cg3" title="Value of shares authorised"&gt;2,200&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
</ifrs-full:DisclosureOfClassesOfShareCapitalExplanatory>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">500000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">500000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2021-06-30_ifrs-full_OrdinarySharesMember"
      decimals="-3"
      unitRef="USD">2000000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2020-12-31_ifrs-full_OrdinarySharesMember"
      decimals="-3"
      unitRef="USD">2000000</glbs:ValueOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="Shares">100000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="Shares">100000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2020-12-31_custom_ClassBCommonSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember"
      decimals="INF"
      unitRef="Shares">100000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember"
      decimals="INF"
      unitRef="Shares">100000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised
      contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember"
      decimals="-3"
      unitRef="USD">100000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">2200000</glbs:ValueOfSharesAuthorised>
    <glbs:ValueOfSharesAuthorised contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">2200000</glbs:ValueOfSharesAuthorised>
    <glbs:VotingRights contextRef="From2021-01-01to2021-06-30">Holders of the Company&#x2019;s
common shares and Class B shares have equivalent economic rights, but holders of Company&#x2019;s common shares are entitled to one vote
per share and holders of the Company&#x2019;s Class B shares are entitled to twenty votes per share. Each holder of Class B shares may
convert, at its option, any or all of the Class B shares held by such holder into an equal number of common shares.</glbs:VotingRights>
    <glbs:DisclosureOfCommonSharesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_89E_ecustom--DisclosureOfCommonSharesExplanatory_zJM6hIxGJp44" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_8BC_zZZwB3JUS8Wf" style="display: none"&gt;Share
Capital and Share Premium - Common shares issued and fully paid&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: middle; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt; text-align: left"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Common Shares issued and fully paid&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued Share Capital &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of January 1, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znO6L3EDZ2J" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;3,040,123&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zN1ucmRfpMW6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;12&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issued during the period for share based compensation (Note 9)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zAiWn0EQ5pO7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"&gt;&lt;span style="font-size: 9pt"&gt;4,012&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvG9Jn9hbNp7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;14,905,000&lt;/span&gt;&lt;/td&gt;
    &lt;td/&gt;
    &lt;td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zxAAkv89gam4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;60&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of common stock due to exercise of pre-funded warrants&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zXANz0ZvjkBe" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;2,075,000&lt;/span&gt;&lt;/td&gt;
    &lt;td/&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3UNzenwfQb3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;8&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zGMdAr7OIkPd" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;20,024,135&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zQZYrzQx1tU5" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;80&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="text-align: left; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Common Shares issued and fully paid&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued Share Capital &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zpQh1VpKhcZc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;52,235&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td/&gt;
    &lt;td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeDi1gRcG0Xg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issued during the period for share based compensation (Note 9)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zZe1NFpBlQk5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"&gt;&lt;span style="font-size: 9pt"&gt;217&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of common stocks due conversion of loan (Note 8)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_iP3custom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zI4TMESJrJh3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stocks due conversion of loan (Note 8)"&gt;&lt;span style="font-size: 9pt"&gt;11,678&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of new common stocks&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuQJpSIVNSb5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;852,750&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_980_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zKszpaOoOlc4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"&gt;&lt;span style="font-size: 9pt"&gt;4&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Issuance of common stock due to exercise of pre-funded warrants&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zexFaAV1jNJ4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"&gt;&lt;span style="font-size: 9pt"&gt;5,550&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;As of June 30, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
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    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zaV4IqN60NT9" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
</glbs:DisclosureOfCommonSharesExplanatory>
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      contextRef="From2021-01-012021-06-30_ifrs-full_IssuedCapitalMember27814453"
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      decimals="INF"
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      decimals="INF"
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      contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember27814484"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IssuedCapital>
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      decimals="INF"
      unitRef="Shares">217</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions>
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      unitRef="Shares">11678</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments>
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      decimals="INF"
      unitRef="Shares">852750</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember27814531"
      decimals="-3"
      unitRef="USD">4000</ifrs-full:IssueOfEquity>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity
      contextRef="From2020-01-012020-06-30_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">5550</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity>
    <ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity
      contextRef="From2020-01-012020-06-30_ifrs-full_IssuedCapitalMember27814531"
      decimals="-3"
      unitRef="USD">0</ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity>
    <ifrs-full:NumberOfSharesIssuedAndFullyPaid
      contextRef="AsOf2020-06-30_ifrs-full_OrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">922430</ifrs-full:NumberOfSharesIssuedAndFullyPaid>
    <ifrs-full:IssuedCapital
      contextRef="AsOf2020-06-30_ifrs-full_IssuedCapitalMember27814546"
      decimals="-3"
      unitRef="USD">4000</ifrs-full:IssuedCapital>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="Shares">10000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="INF"
      unitRef="USDPShares">0.001</ifrs-full:ParValuePerShare>
    <glbs:IssueOfPreferredShares
      contextRef="From2021-01-012021-03-02_ifrs-full_PreferenceSharesMember_custom_AffiliatedCompanyOfCompanysCEOMember"
      decimals="-3"
      unitRef="USD">130000</glbs:IssueOfPreferredShares>
    <ifrs-full:NumberOfSharesOutstanding
      contextRef="AsOf2021-06-30_custom_ClassBCommonSharesMember"
      decimals="INF"
      unitRef="Shares">0</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding
      contextRef="AsOf2021-06-30_ifrs-full_PreferenceSharesMember"
      decimals="INF"
      unitRef="Shares">10300</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:SharePremium contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">284383000</ifrs-full:SharePremium>
    <ifrs-full:SharePremium contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">195102000</ifrs-full:SharePremium>
    <glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity
      contextRef="From2021-01-012021-01-13_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">130000</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-13_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">2155000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">445000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">1950000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_January2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">6.25</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">15108000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">120000</ifrs-full:ShareIssueRelatedCost>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">445000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-012021-01-27_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="-3"
      unitRef="USD">5000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">3850000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">950000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">4800000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_February2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">6.25</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">27891000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">152000</ifrs-full:ShareIssueRelatedCost>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">950000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-01-012021-02-12_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="-3"
      unitRef="USD">10000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding
      contextRef="From2021-02-132021-06-25_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="Shares">8900000</ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
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      contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">1100000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember"
      decimals="INF"
      unitRef="Shares">10000000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ParValuePerShare
      contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember"
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      unitRef="USDPShares">0.004</ifrs-full:ParValuePerShare>
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      contextRef="AsOf2021-06-25_custom_InstitutionalInvestorsMember_custom_June2021WarrantsMember"
      decimals="INF"
      unitRef="USDPShares">5.00</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-02-132021-06-25_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">46581000</ifrs-full:ProceedsFromIssuingShares>
    <ifrs-full:ShareIssueRelatedCost
      contextRef="From2021-02-132021-06-25_custom_InstitutionalInvestorsMember"
      decimals="-3"
      unitRef="USD">129000</ifrs-full:ShareIssueRelatedCost>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-30_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">550000</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:ProceedsFromIssuingShares
      contextRef="From2021-02-132021-06-30_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember"
      decimals="-3"
      unitRef="USD">5000</ifrs-full:ProceedsFromIssuingShares>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-30_custom_InstitutionalInvestorsMember_custom_PreFundedWarrantsMember_custom_SubsequentPreFundedWarrantsMember"
      decimals="INF"
      unitRef="Shares">550000</glbs:NumberOfSharesCalledByWarrants>
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      contextRef="From2021-01-012021-06-30_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="Shares">5550</glbs:IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2021-06-30_custom_ClassAWarrantsMember"
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      unitRef="Shares">388700</glbs:NumberOfWarrantsOutstanding>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-30_custom_ClassAWarrantsMember"
      decimals="INF"
      unitRef="Shares">388700</glbs:NumberOfSharesCalledByWarrants>
    <glbs:NumberOfWarrantsOutstanding
      contextRef="AsOf2021-06-30_custom_PPWarrantsMember"
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      unitRef="Shares">1291833</glbs:NumberOfWarrantsOutstanding>
    <glbs:NumberOfSharesCalledByWarrants
      contextRef="AsOf2021-06-30_custom_PPWarrantsMember"
      decimals="INF"
      unitRef="Shares">1291833</glbs:NumberOfSharesCalledByWarrants>
    <ifrs-full:DisclosureOfEarningsPerShareExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_805_eifrs-full--DisclosureOfEarningsPerShareExplanatory_zXV76Xxc8uu9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;7.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span id="xdx_82F_zgiruwlZhzhd"&gt;Loss per Share&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Basic earnings/(loss) per share (&#x201c;EPS&#x201d;/&#x2018;&#x2018;LPS&#x2019;&#x2019;)
is calculated by dividing the net profit/(loss) for the period attributable to Globus shareholders by the weighted average number of shares
issued, paid and outstanding.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Diluted earnings/(loss) per share is calculated
by dividing the net profit/(loss) attributable to common equity holders of the parent by the weighted average shares outstanding during
the period plus the weighted average number of common shares that would be issued on the conversion of dilutive potential common shares
into common shares. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed
purchased) are included in the denominator of the diluted earnings/(loss) per share computation unless such inclusion would be anti-dilutive.
As the Company reported losses for the periods ended June 30, 2021 and 2020, the effect of any incremental shares would be anti-diluted
and thus excluded from the computation of the LPS&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The following reflects the loss and share data
used in the basic and diluted loss per share computations:&lt;/p&gt;

&lt;p id="xdx_89F_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zbcwsiv620v6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;span id="xdx_8BF_zmFL6owEGTv5" style="display: none"&gt;Loss per Share&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20210101__20210630_zvwI36wRE7De" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_498_20200101__20200630_z3u2jP7WRdF8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;For
    the six-month period ended June 30,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zG4AVYV1AoJ2" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Loss attributable to common equity holders&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;(789)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;(13,199)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--WeightedAverageShares_pip0_z4MkMJovQOea" style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Weighted average number of shares for basic and diluted LPS&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;9,001,704&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;83,354&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;
&lt;p id="xdx_8AC_zxxfO2RF9QKb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;




&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfEarningsPerShareExplanatory>
    <glbs:DisclosureOfEarningsPerShareTableExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_89F_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zbcwsiv620v6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;span id="xdx_8BF_zmFL6owEGTv5" style="display: none"&gt;Loss per Share&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20210101__20210630_zvwI36wRE7De" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_498_20200101__20200630_z3u2jP7WRdF8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;For
    the six-month period ended June 30,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zG4AVYV1AoJ2" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Loss attributable to common equity holders&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;(789)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;(13,199)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--WeightedAverageShares_pip0_z4MkMJovQOea" style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Weighted average number of shares for basic and diluted LPS&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;9,001,704&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;83,354&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;
</glbs:DisclosureOfEarningsPerShareTableExplanatory>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2021-01-01to2021-06-30"
      decimals="-3"
      unitRef="USD">-789000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2020-01-012020-06-30"
      decimals="-3"
      unitRef="USD">-13199000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:WeightedAverageShares
      contextRef="From2021-01-01to2021-06-30"
      decimals="INF"
      unitRef="Shares">9001704</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2020-01-012020-06-30"
      decimals="INF"
      unitRef="Shares">83354</ifrs-full:WeightedAverageShares>
    <ifrs-full:DisclosureOfBorrowingsExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_80F_eifrs-full--DisclosureOfBorrowingsExplanatory_zPnlbtgeYzM5" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;8.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span id="xdx_828_zY0fAtw00jP7"&gt;Long-Term
Debt, net&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"&gt;Long-term debt in the consolidated
statement of financial position is analysed as follows:&lt;/p&gt;

&lt;p id="xdx_899_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_z0n22MPobT49" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_8B9_zs4QCNMp9qDg" style="display: none"&gt;Long-Term
Debt, net - Consolidated statement of financial position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Borrower&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Loan Balance&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Unamortized Debt Discount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total Borrowings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: -5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp;amp; Serena Maritime Limited&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zY6kbeWksyuh" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;34,250&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zX8TfpCsRoJg" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 9pt"&gt;(523)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Borrowings_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zK1hZTWzF2Tj" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 9pt"&gt;33,727&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630_zRl5m0CEnEH1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z7VZ6ibY8e9i" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(523)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Borrowings_iI_pn3n3_c20210630_zoZWO1l0eKAl" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;33,727&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Less: Current Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20210630_zMaQJkLs55Jd" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(5,000)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z3kn3KEOTblg" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;145&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20210630_zzZvsxEiPwP8" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(4,855)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Long-Term Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20210630_zcyUgpx4JFkh" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;29,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_zoXoHSzPUzp6" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(378)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn3n3_c20210630_z2jimyF2YNGc" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;28,872&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zIuyN9nzRtx" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;37,000&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zOSSWi4SsZM7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(448)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Borrowings_iI_pn3n3_c20201231_zxVKHfyezFc1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;36,552&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Less: Current Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zysp0qUU5fx5" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(5,970)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zD60gE8whrzc" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;305&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_z5QIwlgDaPK9" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(5,665)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Long-Term Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zufScbXfpuMf" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;31,030&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zcolIRkaRVch" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(143)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zGBdLoIRpZ55" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;30,887&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
&lt;p id="xdx_8AB_zecwuY1IUVzf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;Details of the Company&#x2019;s credit facilities
and debt securities are discussed in Note 11 of the Company&#x2019;s consolidated financial statements for the year ended December 31,
2020, included in the 2020 Annual Report.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;As of June 30, 2021, the Company was in compliance
with the loan covenants of the agreement with the lenders.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;8. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Long-Term Debt, net (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;In more detail:&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;In May
                                                                                                     2021, Globus through its wholly owned subsidiaries, Devocean Maritime Ltd.(the &#x201c;Borrower A&#x201d;), Domina Maritime Ltd. (the
                                                                                                     &#x201c;Borrower B&#x201d;), Dulac Maritime S.A. (the &#x201c;Borrower C&#x201d;), Artful Shipholding S.A. (the &#x201c;Borrower
                                                                                                     D&#x201d;), Longevity Maritime Limited (the &#x201c;Borrower E&#x201d;) and Serena Maritime Limited (the &#x201c;Borrower F&#x201d;),
                                                                                                     vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe, m/v Sun Globe and m/v Galaxy Globe,
                                                                                                     respectively, entered a new term loan facility for up to $&lt;span id="xdx_907_eifrs-full--NotionalAmount_iI_pn3n3_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zzNq92p8IbPb" title="Notional amount"&gt;34,250&lt;/span&gt;
                                                                                                     with CiT Bank N.A. for the purpose of refinancing the existing indebtedness secured on the ships.
                                                                                                     The loan facility is in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A., Artful Shipholding S.A.,
                                                                                                     Longevity Maritime Limited and Serena Maritime Limited as the borrowers and is guaranteed by Globus. The loan facility bears
                                                                                                     interest at &lt;span id="xdx_907_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_ztsPpl79wJ9i"&gt;LIBOR&lt;/span&gt;
                                                                                                     plus a margin of &lt;span id="xdx_908_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pid_dp_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zkS6CeCvysLe"&gt;3.75&lt;/span&gt;%
                                                                                                     for interest periods of three months. The Company also entered into a swap agreement with respect to LIBOR. This loan facility is
                                                                                                     referred to as the CiT loan facility. &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;On May 10, 2021, the Company drew down $&lt;span id="xdx_90E_ecustom--DebtInstrumentPrepaymentAmount_pn3n3_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zTKvF8kmyQGl" title="Prepayment of long-term debt"&gt;34,250&lt;/span&gt;
and fully prepaid the balance of the EnTrust loan facility. The CiT loan facility consists of &lt;span id="xdx_905_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zlQKZPRiqYB1" title="Number of loan tranches"&gt;six&lt;/span&gt; tranches, one for each vessel.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"&gt;Among the other financial covenants
in CiT loan facility it is included the following covenant:&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;At all times the Parent Guarantor (i.e.,
Globus) shall maintain, on a consolidated basis, cash in an amount of not less than $&lt;span id="xdx_900_eifrs-full--CashAndCashEquivalents_iI_pp0n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z6Qvbsnyytrf"&gt;150
&lt;/span&gt;for each group vessel (other than the Borrowers), to be legally and beneficially owned by the owner of that vessel, such cash
to be free of any restriction or withdrawal or transfer and unencumbered by any security.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"&gt;The Company was in compliance with
the covenants of CiT loan facility as of June 30, 2021.&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"&gt;&#160;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;In June 2019, Globus through its wholly owned subsidiaries, Devocean
                                                                                                     Maritime Ltd.(the &#x201c;Borrower A&#x201d;), Domina Maritime Ltd. (the &#x201c;Borrower B&#x201d;), Dulac Maritime S.A. (the
                                                                                                     &#x201c;Borrower C&#x201d;), Artful Shipholding S.A. (the &#x201c;Borrower D&#x201d;) and Longevity Maritime Limited (the
                                                                                                     &#x201c;Borrower E&#x201d;), vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe and m/v Sun
                                                                                                     Globe, respectively, entered a new term loan facility for up to $&lt;span id="xdx_902_eifrs-full--NotionalAmount_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_z8kqbAtuDVgk" title="Notional amount"&gt;37,000&lt;/span&gt;
                                                                                                     with EnTrust Global&#x2019;s Blue Ocean Fund for the purpose of refinancing the existing indebtedness secured on the ships and for
                                                                                                     general corporate purposes. The loan facility was in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A.,
                                                                                                     Artful Shipholding S.A. and Longevity Maritime Limited as the borrowers and was  guaranteed by Globus. The loan facility bore
                                                                                                     interest at &lt;span id="xdx_908_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_z0c7GJX8Sm57"&gt;LIBOR&lt;/span&gt;
                                                                                                     plus a margin of &lt;span id="xdx_90F_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pid_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zMt49AMltghl"&gt;8.50&lt;/span&gt;%
                                                                                                     (or &lt;span id="xdx_902_ecustom--BorrowingsDefaultInterestRate_iI_pid_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zGvDF4suHEm3"&gt;10.5&lt;/span&gt;%
                                                                                                     default interest) for interest periods of three months. This loan facility is referred to as the EnTrust loan facility. &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;In March 2021, the Company prepaid $&lt;span id="xdx_90E_ecustom--DebtInstrumentPrepaymentAmount_pp0n6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zO8QElAZt5B7"&gt;6&lt;/span&gt;.0 million
of the Entrust loan facility, which represented all amounts that would otherwise come due during calendar year 2021 and on May 10, 2021,
the Company fully prepaid the balance of the EnTrust Loan facility.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;On July 27, 2020, the Company repaid the total outstanding principal and
interest of the Firment Shipping Credit Facility amounting to $&lt;span id="xdx_906_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z83ZPneiRYI7"&gt;863&lt;/span&gt;. &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;As of June 30, 2021, and 2020, there
was an amount of $&lt;span id="xdx_903_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20200630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zIGOy66cSYtb"&gt;&lt;span id="xdx_901_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zd9PJ87t1VBa"&gt;14,200&lt;/span&gt;&lt;/span&gt;
available to be drawn under the Firment Shipping Credit Facility, as amended and restated on May 8, 2020. The Amended and Restated
Agreement converted the then existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to &lt;span id="xdx_907_eifrs-full--BorrowingsMaturity_c20210101__20210630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z5DNvNqiv6m3"&gt;October
31, 2021&lt;/span&gt;.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;The Firment Shipping Credit Facility requires
that Athanasios Feidakis remains Chief Executive Officer and that Firment Shipping maintains at least a &lt;span id="xdx_900_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pid_dp_c20210101__20210630__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zmCwxuFEouw6" title="Percentage of ownership in Globus Maritime Ltd."&gt;40&lt;/span&gt;% shareholding in Globus, other
than due to actions taken by Firment Shipping, such as sales of shares. In connection with the registered direct offering on January 29,
2021, February 12, 2021 and June 25, 2021 (collectively, the &#x201c;Filings&#x201d;), the Company obtained waivers from Firment Shipping
Inc. The waivers consented to the Company making the Filings and waived the requirement to maintain at least a 40% shareholding in Globus
as a result of the issuance of common shares and warrants.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;As of June 30, 2021, and December 31, 2020,
the Company is in compliance with the loan covenants of the Firment Shipping Credit Facility.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0pt"/&gt;&lt;td style="width: 21.25pt"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;On March 13, 2019, the Company signed a securities purchase agreement with a private investor and on the
same date issued, for gross proceeds of $&lt;span id="xdx_908_eifrs-full--NotesAndDebenturesIssued_iI_pdn6_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z63GLdJbgKd4" title="Notes issued"&gt;5&lt;/span&gt; million, a senior convertible note (the &#x201c;Convertible Note&#x201d;) that was convertible
into shares of the Company&#x2019;s common stock, par value $&lt;span id="xdx_904_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z7QO5kNWExpd"&gt;0.004&lt;/span&gt; per share. If not converted or redeemed beforehand pursuant to the terms
of the Convertible Note, the Convertible Note matured upon the anniversary of its issue. The Convertible Note was issued in a transaction
exempt from registration under the Securities Act of 1933, as amended (the &#x201c;Securities Act&#x201d;).&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: -1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"&gt;&lt;b/&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"&gt;&lt;b&gt;8. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Long-Term
Debt, net (continued)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;The Convertible Note provided for interest
to accrue at &lt;span id="xdx_906_ecustom--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zgUrEATTsfsl"&gt;10&lt;/span&gt;% annually, which interest would be paid on the first anniversary of the Convertible Note&#x2019;s issuance unless the Convertible
Note was converted or redeemed pursuant to its terms beforehand. The interest could be paid in common shares of the Company, if certain
conditions described within the Convertible Note were met. With respect to the Convertible Note, the Company also signed a registration
rights agreement with the private investor pursuant to which it agreed to register for resale the shares that could be issued pursuant
to the Convertible Note. The registration rights agreement contained liquidated damages if the Company was unable to register for resale
the shares into which the Convertible Note could be converted and maintain such registration.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;As per the conversion clause included in
the Convertible Note, the Company had recognized this agreement as a hybrid agreement which included an embedded derivative. This embedded
derivative was separated to the derivative component and the non-derivative host. The derivative component was shown separately from the
non-derivative host in the consolidated statement of financial position at fair value. The changes in the fair value of the derivative
financial instrument were recognized in the consolidated statement of comprehensive loss. The initial amount drawn with respect to the
Convertible Note was $&lt;span id="xdx_90C_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zZIq9W6NPNnk" title="Proceeds from borrowings"&gt;5,000&lt;/span&gt;. The non-derivative host and the derivative component that was initially recognized amounted to $&lt;span id="xdx_90B_ecustom--BorrowingsGross_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z5L0qxbtmQK6"&gt;1,783&lt;/span&gt; and
$&lt;span id="xdx_90C_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zWrQAKW9qj96"&gt;3,217&lt;/span&gt;, respectively.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -0.05pt"&gt;On June 25, 2020,
the Company repaid the total outstanding principal and interest of the Convertible Note amounting to $&lt;span id="xdx_903_eifrs-full--RepaymentsOfBondsNotesAndDebentures_pn3n3_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z76YYFHGL52"&gt;2,528&lt;/span&gt;.
The Company recognized a loss on this derivative financial instrument amounting to $&lt;span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_iN_pn3n3_di_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zUlnpk6ck6Vc"&gt;1,343&lt;/span&gt;,
which was classified under &#x201c;gain/(loss) on derivative financial instruments&#x201d; in the income statement component of the consolidated
statement of comprehensive loss.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 7.05pt 0 21.25pt; text-align: justify; text-indent: 0cm"&gt;&lt;span style="font-family: Times New Roman, Times, Serif"&gt;The
contractual annual loan principal payments to CiT Bank N.A.  &lt;/span&gt;loan &lt;span style="font-family: Times New Roman, Times, Serif"&gt;facility
to be made subsequent to June 30, 2021, were as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89D_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zfdwSxpsQhie" style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.25pt; display: none; text-align: justify; text-indent: 0cm"&gt;&#160;Long-Term Debt, net - Annual loan principal payments&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 89%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June 30,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;CiT
    Bank N.A.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;2022&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_ztMvt3rf21i3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;2023&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zqd0E0uMw6Td" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;2024&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanThreeYearAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zVV965zjUPA3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;2025&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFourYearAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zNJETPGsSWrl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;2026&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFiveYearAndNotLaterThanSixYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_z52q9172dckj" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;14,250&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zGnklqLR1E11" style="border-bottom: Black 2.5pt double; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;
&lt;p id="xdx_8A7_zNkUmUsGjaG6" style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

</ifrs-full:DisclosureOfBorrowingsExplanatory>
    <glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_899_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_z0n22MPobT49" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;span id="xdx_8B9_zs4QCNMp9qDg" style="display: none"&gt;Long-Term
Debt, net - Consolidated statement of financial position&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Borrower&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Loan Balance&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Unamortized Debt Discount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total Borrowings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: -5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp;amp; Serena Maritime Limited&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zY6kbeWksyuh" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;34,250&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zX8TfpCsRoJg" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 9pt"&gt;(523)&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Borrowings_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zK1hZTWzF2Tj" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 9pt"&gt;33,727&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630_zRl5m0CEnEH1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z7VZ6ibY8e9i" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(523)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Borrowings_iI_pn3n3_c20210630_zoZWO1l0eKAl" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;33,727&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Less: Current Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20210630_zMaQJkLs55Jd" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(5,000)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z3kn3KEOTblg" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;145&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20210630_zzZvsxEiPwP8" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(4,855)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Long-Term Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20210630_zcyUgpx4JFkh" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;29,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_zoXoHSzPUzp6" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(378)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn3n3_c20210630_z2jimyF2YNGc" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;28,872&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zIuyN9nzRtx" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;37,000&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zOSSWi4SsZM7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(448)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Borrowings_iI_pn3n3_c20201231_zxVKHfyezFc1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;36,552&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Less: Current Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zysp0qUU5fx5" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(5,970)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zD60gE8whrzc" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;305&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_z5QIwlgDaPK9" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(5,665)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Long-Term Portion&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zufScbXfpuMf" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;31,030&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zcolIRkaRVch" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;(143)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zGBdLoIRpZ55" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;30,887&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
</glbs:DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"
      decimals="-3"
      unitRef="USD">34250000</glbs:BorrowingsGross>
    <glbs:DebtInstrumentUnamortisedDiscount
      contextRef="AsOf2021-06-30_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"
      decimals="-3"
      unitRef="USD">-523000</glbs:DebtInstrumentUnamortisedDiscount>
    <ifrs-full:Borrowings
      contextRef="AsOf2021-06-30_custom_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember"
      decimals="-3"
      unitRef="USD">33727000</ifrs-full:Borrowings>
    <glbs:BorrowingsGross contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">34250000</glbs:BorrowingsGross>
    <glbs:DebtInstrumentUnamortisedDiscount contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">-523000</glbs:DebtInstrumentUnamortisedDiscount>
    <ifrs-full:Borrowings contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">33727000</ifrs-full:Borrowings>
    <glbs:CurrentPortionOfLongTermBorrowingsGross contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">-5000000</glbs:CurrentPortionOfLongTermBorrowingsGross>
    <glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">145000</glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">4855000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <glbs:LongTermBorrowingsGross contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">29250000</glbs:LongTermBorrowingsGross>
    <glbs:LongTermDebtInstrumentUnamortisedDiscount contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">-378000</glbs:LongTermDebtInstrumentUnamortisedDiscount>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">28872000</ifrs-full:LongtermBorrowings>
    <glbs:BorrowingsGross contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">37000000</glbs:BorrowingsGross>
    <glbs:DebtInstrumentUnamortisedDiscount contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">-448000</glbs:DebtInstrumentUnamortisedDiscount>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">36552000</ifrs-full:Borrowings>
    <glbs:CurrentPortionOfLongTermBorrowingsGross contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">-5970000</glbs:CurrentPortionOfLongTermBorrowingsGross>
    <glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">305000</glbs:CurrentPortionOfDebtInstrumentUnamortisedDiscount>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">5665000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <glbs:LongTermBorrowingsGross contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">31030000</glbs:LongTermBorrowingsGross>
    <glbs:LongTermDebtInstrumentUnamortisedDiscount contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">-143000</glbs:LongTermDebtInstrumentUnamortisedDiscount>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">30887000</ifrs-full:LongtermBorrowings>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-05-31_custom_CiTLloanFacilityMember"
      decimals="-3"
      unitRef="USD">34250000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsInterestRateBasis contextRef="From2021-01-012021-05-31_custom_CiTLloanFacilityMember">LIBOR</ifrs-full:BorrowingsInterestRateBasis>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="AsOf2021-05-31_custom_CiTLloanFacilityMember"
      decimals="INF"
      unitRef="Pure">0.0375</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <glbs:DebtInstrumentPrepaymentAmount
      contextRef="From2021-01-012021-05-10_custom_EnTrustLoanFacilityMember"
      decimals="-3"
      unitRef="USD">34250000</glbs:DebtInstrumentPrepaymentAmount>
    <glbs:NumberOfLoanTranches
      contextRef="AsOf2021-05-31_custom_CiTLloanFacilityMember"
      decimals="INF"
      unitRef="Pure">6</glbs:NumberOfLoanTranches>
    <ifrs-full:CashAndCashEquivalents
      contextRef="AsOf2021-06-30_custom_CiTLloanFacilityMember_ifrs-full_BottomOfRangeMember"
      decimals="0"
      unitRef="USD">150000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2019-06-30_custom_EnTrustLoanFacilityMember"
      decimals="-3"
      unitRef="USD">37000000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsInterestRateBasis contextRef="From2019-01-012019-06-30_custom_EnTrustLoanFacilityMember">LIBOR</ifrs-full:BorrowingsInterestRateBasis>
    <ifrs-full:BorrowingsAdjustmentToInterestRateBasis
      contextRef="AsOf2019-06-30_custom_EnTrustLoanFacilityMember"
      decimals="INF"
      unitRef="Pure">0.0850</ifrs-full:BorrowingsAdjustmentToInterestRateBasis>
    <glbs:BorrowingsDefaultInterestRate
      contextRef="AsOf2019-06-30_custom_EnTrustLoanFacilityMember"
      decimals="INF"
      unitRef="Pure">0.105</glbs:BorrowingsDefaultInterestRate>
    <glbs:DebtInstrumentPrepaymentAmount
      contextRef="From2021-01-012021-03-31_custom_EnTrustLoanFacilityMember"
      decimals="0"
      unitRef="USD">6000000</glbs:DebtInstrumentPrepaymentAmount>
    <ifrs-full:RepaymentsOfCurrentBorrowings
      contextRef="From2020-01-012020-07-27_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">863000</ifrs-full:RepaymentsOfCurrentBorrowings>
    <ifrs-full:UndrawnBorrowingFacilities
      contextRef="AsOf2020-06-30_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">14200000</ifrs-full:UndrawnBorrowingFacilities>
    <ifrs-full:UndrawnBorrowingFacilities
      contextRef="AsOf2021-06-30_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember"
      decimals="-3"
      unitRef="USD">14200000</ifrs-full:UndrawnBorrowingFacilities>
    <ifrs-full:BorrowingsMaturity contextRef="From2021-01-012021-06-30_custom_AmendedAndRestatedAgreementMember_custom_FirmentShippingIncMember">October
31, 2021</ifrs-full:BorrowingsMaturity>
    <glbs:ProportionOfOwnershipInterestsHeldByControllingParty
      contextRef="From2021-01-012021-06-30_ifrs-full_BottomOfRangeMember_custom_FirmentShippingIncMember"
      decimals="INF"
      unitRef="Pure">0.40</glbs:ProportionOfOwnershipInterestsHeldByControllingParty>
    <ifrs-full:NotesAndDebenturesIssued
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="0"
      unitRef="USD">5000000</ifrs-full:NotesAndDebenturesIssued>
    <glbs:DebtInstrumentConvertibleConversionPrice
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="USDPShares">0.004</glbs:DebtInstrumentConvertibleConversionPrice>
    <glbs:DebtInstrumentInterestRateStatedPercentage
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="INF"
      unitRef="Pure">0.10</glbs:DebtInstrumentInterestRateStatedPercentage>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2019-01-012019-03-13_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">5000000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <glbs:BorrowingsGross
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">1783000</glbs:BorrowingsGross>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="AsOf2019-03-13_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">3217000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:RepaymentsOfBondsNotesAndDebentures
      contextRef="From2020-01-012020-06-25_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">2528000</ifrs-full:RepaymentsOfBondsNotesAndDebentures>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives
      contextRef="From2020-01-012020-06-25_custom_ConvertibleNoteMember"
      decimals="-3"
      unitRef="USD">-1343000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_89D_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zfdwSxpsQhie" style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.25pt; display: none; text-align: justify; text-indent: 0cm"&gt;&#160;Long-Term Debt, net - Annual loan principal payments&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 89%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June 30,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;CiT
    Bank N.A.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;2022&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_ztMvt3rf21i3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;2023&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zqd0E0uMw6Td" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font-size: 9pt"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;2024&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanThreeYearAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zVV965zjUPA3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;2025&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFourYearAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zNJETPGsSWrl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;5,000&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;2026&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFiveYearAndNotLaterThanSixYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_z52q9172dckj" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;14,250&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zGnklqLR1E11" style="border-bottom: Black 2.5pt double; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;
</glbs:DisclosureOfLongTermDebtAnnualPrincipalPayments>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CiTBankNALoanFacilityMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_custom_LaterThanTwoYearAndNotLaterThanThreeYearsMember_custom_CiTBankNALoanFacilityMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_custom_LaterThanThreeYearAndNotLaterThanFourYearsMember_custom_CiTBankNALoanFacilityMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_custom_LaterThanFourYearAndNotLaterThanFiveYearsMember_custom_CiTBankNALoanFacilityMember"
      decimals="-3"
      unitRef="USD">5000000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_custom_LaterThanFiveYearAndNotLaterThanSixYearsMember_custom_CiTBankNALoanFacilityMember"
      decimals="-3"
      unitRef="USD">14250000</glbs:BorrowingsGross>
    <glbs:BorrowingsGross
      contextRef="AsOf2021-06-30_custom_CiTBankNALoanFacilityMember"
      decimals="-3"
      unitRef="USD">34250000</glbs:BorrowingsGross>
    <ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_80B_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zCEWilEQPrfc" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;9.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span id="xdx_823_z5QXd2tZxqL"&gt;Share Based Payment&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;Share based payment comprise the
following:&lt;/p&gt;

&lt;p id="xdx_897_ecustom--DisclosureOfShareBasedPayment_zd6qzxYEgWlb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;span id="xdx_8B9_z45Csg7wFD6i" style="display: none"&gt;Share Based Payment&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 56%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Period from January 1 to June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of preferred shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued share Capital&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Share premium&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Non-executive directors payment &lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAnnlJAbpx4b" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;4,012&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zJvzmo1MWay3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;20&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zZqaWSZ1eXeh" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;4,012&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zPYJQLpo9r38" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;20&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Period from January 1 to June 30, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of preferred shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued share Capital&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Share premium&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Non-executive directors payment &lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_znUcxPlR8mnk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;217&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_fKg_____zfT9VbgZJgc7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;10&lt;sup id="xdx_F4D_zSaQF5HVJl2j"&gt;*&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at June 30, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zdY4OkDS7Mtj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;217&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_fKg_____zaRnqw68Dzja" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;10&lt;sup id="xdx_F44_zskVD0F2BJ6h"&gt;*&lt;/sup&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"&gt;&lt;tr style="vertical-align: top; text-align: justify"&gt;
&lt;td id="xdx_F08_zUiELBe4vHk" style="width: 1%; text-align: left"&gt;*&lt;/td&gt;&lt;td id="xdx_F1B_zUBQSt1vat2a" style="text-align: justify; width: 99%"&gt;The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.&lt;/td&gt;
&lt;/tr&gt;&lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p id="xdx_8A6_zZWVjuJmHTJa" style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory>
    <glbs:DisclosureOfShareBasedPayment contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_897_ecustom--DisclosureOfShareBasedPayment_zd6qzxYEgWlb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;span id="xdx_8B9_z45Csg7wFD6i" style="display: none"&gt;Share Based Payment&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 56%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Period from January 1 to June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of preferred shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued share Capital&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Share premium&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Non-executive directors payment &lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAnnlJAbpx4b" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;4,012&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zJvzmo1MWay3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;20&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at June 30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zZqaWSZ1eXeh" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;4,012&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zPYJQLpo9r38" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;20&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Period from January 1 to June 30, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Number of preferred shares &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Issued share Capital&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Share premium&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Non-executive directors payment &lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_znUcxPlR8mnk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;217&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_fKg_____zfT9VbgZJgc7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;10&lt;sup id="xdx_F4D_zSaQF5HVJl2j"&gt;*&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total at June 30, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zdY4OkDS7Mtj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;217&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&#x2014;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_fKg_____zaRnqw68Dzja" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;10&lt;sup id="xdx_F44_zskVD0F2BJ6h"&gt;*&lt;/sup&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"&gt;&lt;tr style="vertical-align: top; text-align: justify"&gt;
&lt;td id="xdx_F08_zUiELBe4vHk" style="width: 1%; text-align: left"&gt;*&lt;/td&gt;&lt;td id="xdx_F1B_zUBQSt1vat2a" style="text-align: justify; width: 99%"&gt;The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.&lt;/td&gt;
&lt;/tr&gt;&lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

</glbs:DisclosureOfShareBasedPayment>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2021-01-012021-06-30_custom_NumberOfOrdinarySharesMember_custom_NonExecutiveDirectorsMember"
      decimals="INF"
      unitRef="Shares">4012</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      unitRef="USD">20000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2021-01-012021-06-30_custom_NumberOfOrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">4012</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2021-01-012021-06-30_ifrs-full_SharePremiumMember"
      decimals="-3"
      unitRef="USD">20000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2020-01-012020-06-30_custom_NumberOfOrdinarySharesMember_custom_NonExecutiveDirectorsMember"
      decimals="INF"
      unitRef="Shares">217</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember_custom_NonExecutiveDirectorsMember"
      decimals="-3"
      id="Fact000850"
      unitRef="USD">10000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued
      contextRef="From2020-01-012020-06-30_custom_NumberOfOrdinarySharesMember"
      decimals="INF"
      unitRef="Shares">217</ifrs-full:IncreaseDecreaseInNumberOfOrdinarySharesIssued>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="From2020-01-012020-06-30_ifrs-full_SharePremiumMember"
      decimals="-3"
      id="Fact000852"
      unitRef="USD">10000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:DisclosureOfContingentLiabilitiesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_803_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zkNkeDMH3zj9" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;10.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_821_zVfWSZh22aA8"&gt;Contingencies&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;Various claims, suits and complaints, including
those involving government regulations, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes
with charterers, environmental claims, agents, and insurers and from claims with suppliers relating to the operations of the Company&#x2019;s
vessels. Currently, management is not aware of any such claims or contingent liabilities, which are material for disclosure.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfContingentLiabilitiesExplanatory>
    <ifrs-full:DisclosureOfCommitmentsExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_806_eifrs-full--DisclosureOfCommitmentsExplanatory_z4rD4BoGqwM" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;11.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_821_z0oJY6rtiSp7"&gt;Commitments&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;The Company enters into time charter arrangements
on its vessels. These non-cancellable arrangements had remaining terms between forty days to approximately three months as of June 30,
2021, assuming redelivery at the earliest possible date. As of December 31, 2020, the non-cancellable arrangements had remaining terms
between nine days to eight months, assuming redelivery at the earliest possible date. Future net minimum lease revenues receivable under
non-cancellable operating leases as of June 30, 2021 and December 31, 2020, were as follows (vessel off-hires and dry-docking days that
could occur but are not currently known are not taken into consideration; in addition early delivery of the vessels by the charterers
is not accounted for):&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_89E_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zKgmdOYT8yC2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -20pt; text-align: left"&gt;&lt;span id="xdx_8BE_z1Fl3wBOpDG8" style="display: none"&gt;Commitments - Future
minimum lease revenues receivable under non-cancellable operating leases&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: top; background-color: White"&gt;
    &lt;td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-left: 5.4pt; text-align: right; font-size: 11pt; text-indent: -0.05pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June
    30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: middle; padding-left: 9.45pt; text-align: left; font-size: 11pt; text-indent: -9.45pt"&gt;&lt;span style="font-size: 9pt"&gt;Within one year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNbgdZv3WtJ7" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;8,323&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zqUASvmLT8d4" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt; text-indent: 0cm" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;3,078&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: middle; padding-right: 5.4pt; font-size: 11pt; text-indent: 0cm; text-align: left"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630_zp2kMtKfDFB2" style="border-bottom: Black 2.5pt double; padding-left: -10pt; vertical-align: middle; padding-right: -10pt; font-size: 11pt; text-indent: 10pt; text-align: right" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;8,323&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_zlriJD4TUNNd" style="border-bottom: Black 2.5pt double; padding-left: 0pt; vertical-align: middle; padding-right: 0pt; font-size: 11pt; text-indent: 20pt; text-align: right" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;3,078&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
&lt;p id="xdx_8AC_zjexgoNVh9Xd" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;These amounts include consideration
for other elements of the arrangement apart from the right to use the vessel such as maintenance and crewing and its related costs.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;For time charters that qualify
as leases, the Company is required to disclose lease and non-lease components of lease revenue. The revenue earned under time charters
is not negotiated in its two separate components, but as a whole. For purposes of determining the standalone selling price of the vessel
lease and technical management service components of the Company&#x2019;s time charters, the Company concluded that the residual approach
would be the most appropriate method to use given that vessel lease rates are highly variable depending on shipping market conditions,
the duration of such charters and the age of the vessel.&lt;/p&gt;


&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;The Company believes that the standalone transaction price attributable to the
technical management service component, including crewing services, is more readily determinable than the price of the lease component
and, accordingly, the price of the service component is estimated using data provided by its technical department, which consist of the
crew expenses, maintenance and consumable costs and was approximately $&lt;span id="xdx_908_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20210630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRB9kSC4aaNj"&gt;6,208&lt;/span&gt; and $&lt;span id="xdx_908_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20200630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKyEgE84obi2"&gt;4,246&lt;/span&gt; for the periods ended June 30, 2021 and 2020,
respectively. The lease component that is disclosed then is calculated as the difference between total revenue and the non-lease component
revenue and was $&lt;span id="xdx_90F_eifrs-full--OperatingLeaseIncome_pn3n3_c20210101__20210630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUMQB4P7aSd6"&gt;5,788&lt;/span&gt; and $&lt;span id="xdx_90A_eifrs-full--OperatingLeaseIncome_pn3n3_c20200101__20200630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z3bymY1CUn0f"&gt;343&lt;/span&gt; for the periods ended June 30, 2021 and 2020, respectively.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;As further discussed in
note 4 of the 2020 Annual Report, on January 1, 2019, following the adoption of IFRS 16, the Company recognised a right of use asset
and a corresponding liability of approximately $&lt;span id="xdx_90E_eifrs-full--RightofuseAssets_iI_pn3n3_c20181231_z4IdYUbLxVU6"&gt;&lt;span id="xdx_903_eifrs-full--LeaseLiabilities_iI_pn3n3_c20181231_zbd8781JQuP9"&gt;674&lt;/span&gt;&lt;/span&gt;
with respect to the rental agreement. The depreciation charge for right-of-use assets for the period ended June 30, 2021 and 2020,
was approximately $&lt;span id="xdx_906_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20200630_zWGMezATKCCc"&gt;&lt;span id="xdx_901_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20210630_zeDronPIBvYf"&gt;56&lt;/span&gt;&lt;/span&gt;
for both periods and the interest expense on lease liability for the period ended June 30, 2021 and 2020, was approximately $&lt;span id="xdx_907_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20210630_zj7XPT4V14yg"&gt;20&lt;/span&gt;
and $&lt;span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20200630_zKe8faC1xa49"&gt;23&lt;/span&gt;,
respectively, and recognised in the income statement component of the consolidated statement of comprehensive loss under
depreciation and interest expense and finance costs, respectively.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;At June 30, 2021 and December
31, 2020, the current lease liabilities amounted to $&lt;span id="xdx_903_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20210630_zHAV0oI3yWn4"&gt;161&lt;/span&gt; and $&lt;span id="xdx_906_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20201231_zRPVUHObuoy8"&gt;195&lt;/span&gt;, respectively, and the non-current lease liabilities amounted to $&lt;span id="xdx_90F_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20210630_z0pwp2CEeJfh"&gt;309&lt;/span&gt;
and $&lt;span id="xdx_902_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20201231_zyJh8YtkBrX9"&gt;367&lt;/span&gt;, respectively, and are included in the accompanying consolidated statements of financial position.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;The Company assumed a commitment
amounting to $&lt;span id="xdx_900_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zOFVTI2dqqc2"&gt;28.4&lt;/span&gt; million, which is the purchase price of m/v &#x201c;Peak Liberty&#x201d;, following the memorandum of agreement entered
on September 22, 2021 for the acquisition of the vessel (see also Note 13).&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;



&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b/&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfCommitmentsExplanatory>
    <glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_89E_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zKgmdOYT8yC2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -20pt; text-align: left"&gt;&lt;span id="xdx_8BE_z1Fl3wBOpDG8" style="display: none"&gt;Commitments - Future
minimum lease revenues receivable under non-cancellable operating leases&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr style="vertical-align: top; background-color: White"&gt;
    &lt;td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; padding-left: 5.4pt; text-align: right; font-size: 11pt; text-indent: -0.05pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;June
    30, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: middle; padding-left: 9.45pt; text-align: left; font-size: 11pt; text-indent: -9.45pt"&gt;&lt;span style="font-size: 9pt"&gt;Within one year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNbgdZv3WtJ7" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;8,323&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zqUASvmLT8d4" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt; text-indent: 0cm" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;3,078&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-bottom: 2.5pt; vertical-align: middle; padding-right: 5.4pt; font-size: 11pt; text-indent: 0cm; text-align: left"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630_zp2kMtKfDFB2" style="border-bottom: Black 2.5pt double; padding-left: -10pt; vertical-align: middle; padding-right: -10pt; font-size: 11pt; text-indent: 10pt; text-align: right" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;8,323&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_zlriJD4TUNNd" style="border-bottom: Black 2.5pt double; padding-left: 0pt; vertical-align: middle; padding-right: 0pt; font-size: 11pt; text-indent: 20pt; text-align: right" title="Total"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;3,078&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;
</glbs:DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived
      contextRef="AsOf2021-06-30_ifrs-full_NotLaterThanOneYearMember"
      decimals="-3"
      unitRef="USD">8323000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived
      contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember"
      decimals="-3"
      unitRef="USD">3078000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">8323000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">3078000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2021-01-012021-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember"
      decimals="-3"
      unitRef="USD">6208000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:RevenueFromRenderingOfServices
      contextRef="From2020-01-012020-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember"
      decimals="-3"
      unitRef="USD">4246000</ifrs-full:RevenueFromRenderingOfServices>
    <ifrs-full:OperatingLeaseIncome
      contextRef="From2021-01-012021-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember"
      decimals="-3"
      unitRef="USD">5788000</ifrs-full:OperatingLeaseIncome>
    <ifrs-full:OperatingLeaseIncome
      contextRef="From2020-01-012020-06-30_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember"
      decimals="-3"
      unitRef="USD">343000</ifrs-full:OperatingLeaseIncome>
    <ifrs-full:RightofuseAssets contextRef="AsOf2018-12-31" decimals="-3" unitRef="USD">674000</ifrs-full:RightofuseAssets>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2018-12-31" decimals="-3" unitRef="USD">674000</ifrs-full:LeaseLiabilities>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2020-01-012020-06-30"
      decimals="-3"
      unitRef="USD">56000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="From2021-01-01to2021-06-30"
      decimals="-3"
      unitRef="USD">56000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2021-01-01to2021-06-30"
      decimals="-3"
      unitRef="USD">20000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2020-01-012020-06-30"
      decimals="-3"
      unitRef="USD">23000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">161000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">195000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2021-06-30" decimals="-3" unitRef="USD">309000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2020-12-31" decimals="-3" unitRef="USD">367000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember"
      decimals="0"
      unitRef="USD">28400000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:DisclosureOfFairValueMeasurementExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_80C_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_zBJLIcHEXKR5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;12.&lt;span style="font-weight: normal"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;/span&gt;&lt;span id="xdx_823_z0EWfhErhsm3"&gt;Fair values&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;Carrying amounts
and fair values&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;The following table shows
the carrying amounts and fair values of assets and liabilities measured at fair value, including their levels in the fair value hierarchy
(as defined in note 2.28 of the 2020 Annual Report). It does not include fair value information for financial assets and financial liabilities
not measured at fair value if the carrying amount is a reasonable approximation of fair value, such as cash and cash equivalents, restricted
cash, trade receivables,  trade payables and claims receivables.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p id="xdx_892_ecustom--DisclosureOfFairValuesExplanatory_zZIR36InR7kc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;span id="xdx_8BE_zzkkEd5Q7Whc"&gt;Fair
values - Fair value measurement&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"/&gt;
    &lt;td/&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b/&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"/&gt;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair
    value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 72%"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#160;30,
    2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Carrying
    amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level
    1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level
    2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level
    3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other
    financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial
    assets measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zdrkNzEGxOZf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;111&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_z0D9EfGrbfo6" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;111&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember_zm9dZGUnWzs2" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;111&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember_zNVlHZeVaXph" style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;111&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"/&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other
    financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial
    liabilities measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zaa4B6osoUqb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;176&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zRMprNNdFOF9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;176&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zepCA2O8h6P9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;176&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zVozJPMlEjNd" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;176&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Financial liabilities not measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zHHpmYyEmLXi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;34,250&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zM3gVrL7V29" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;34,430&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zGYg3rQ5ATNg" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,430&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zPiYgrqvx4y1" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i/&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b/&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December&#160;31,
    2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Carrying
    amoun&lt;/b&gt;&lt;/span&gt;t&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Level 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Level 2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Level 3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other
    financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Financial liabilities not measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_z0Say8ZnARbd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_z8eJbu9bxXne" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;37,961&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zWAAQfdIMJCf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;37,961&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zaVQAPkTPIAl" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;37,000&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;
&lt;p id="xdx_8A0_zeH4keIX8RTc" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;	&lt;/p&gt;

&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;



&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;12. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;Fair values (continued)&lt;/b&gt;&lt;/p&gt;
&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;b&gt;&#160;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;b&gt;Measurement of fair values	&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&lt;b&gt;Valuation techniques and
significant unobservable inputs&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;The following tables show
the valuation techniques used in measuring Level 1, Level 2 and Level 3 fair values, as well as the significant unobservable inputs used.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_89F_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zhcEifAmU0S8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"&gt;&lt;span id="xdx_8BE_zPP6J0cXw9v1" style="display: none"&gt;Fair values -
Valuation techniques and significant unobservable inputs&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"&gt;&lt;span style="display: none"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"&gt;&lt;span style="display: none"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial instruments measured at fair value&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Type&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Valuation Techniques&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Significant unobservable inputs&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Derivative financial instruments:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Interest Rate Swap &lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Discounted cash flow&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&#160;&#160;Discount rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial instruments not measured at fair value&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Asset and liabilities not measured at fair value&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Type&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Valuation Techniques&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Significant unobservable inputs&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Discounted cash flow&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Discount rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&#160;&lt;/p&gt;

&lt;p id="xdx_8AF_zyAZY7kpG3ig" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"&gt;&lt;b&gt;Transfers between Level 1, 2 and 3&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;There have been no transfers between
Level 1, Level 2 and Level 3 during the period.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

</ifrs-full:DisclosureOfFairValueMeasurementExplanatory>
    <glbs:DisclosureOfFairValuesExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_892_ecustom--DisclosureOfFairValuesExplanatory_zZIR36InR7kc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;span id="xdx_8BE_zzkkEd5Q7Whc"&gt;Fair
values - Fair value measurement&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"/&gt;
    &lt;td/&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b/&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"/&gt;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair
    value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 72%"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#160;30,
    2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Carrying
    amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level
    1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level
    2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level
    3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other
    financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial
    assets measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zdrkNzEGxOZf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;111&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_z0D9EfGrbfo6" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;111&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember_zm9dZGUnWzs2" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;111&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember_zNVlHZeVaXph" style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;111&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"/&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other
    financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial
    liabilities measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative
    financial instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zaa4B6osoUqb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;176&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zRMprNNdFOF9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;176&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zepCA2O8h6P9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;176&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zVozJPMlEjNd" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;176&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Financial liabilities not measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zHHpmYyEmLXi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;34,250&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zM3gVrL7V29" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;34,430&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zGYg3rQ5ATNg" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,430&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zPiYgrqvx4y1" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;34,250&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i/&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b/&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December&#160;31,
    2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Carrying
    amoun&lt;/b&gt;&lt;/span&gt;t&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Level 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Level 2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Level 3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"&gt;&lt;span style="font: 9pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other
    financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;Financial liabilities not measured at fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_z0Say8ZnARbd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;37,000&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_z8eJbu9bxXne" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;37,961&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&#x2014;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zWAAQfdIMJCf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;37,961&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zaVQAPkTPIAl" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;37,000&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"/&gt;
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&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"&gt;&lt;span style="display: none"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

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  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial instruments measured at fair value&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Type&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Valuation Techniques&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Significant unobservable inputs&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Derivative financial instruments:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Interest Rate Swap &lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Discounted cash flow&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&#160;&#160;Discount rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;
    &lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial instruments not measured at fair value&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Asset and liabilities not measured at fair value&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Type&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Valuation Techniques&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;&lt;b&gt;&lt;i&gt;Significant unobservable inputs&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Long-term borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"&gt;&lt;span style="font-size: 9pt"&gt;Discounted cash flow&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&lt;span style="font-size: 9pt"&gt;Discount rate&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&#160;&lt;/p&gt;

</glbs:DisclosureOfValuationTechniquesAndSignificantUnobservableInputs>
    <ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory contextRef="From2021-01-01to2021-06-30">&lt;p id="xdx_806_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_z5F4vKjFgI38" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&lt;b&gt;13. &#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&#x202f;&lt;span id="xdx_82C_zmXdl2iXyCYk"&gt;Events after the
reporting date&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;Consultancy Agreement&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;On July 15, 2021, Globus
Maritime Limited entered into a consultancy agreement with Eolos Shipmanagement S.A., a  related party, for the
purpose of providing consultancy services to Eolos Shipmanagement S.A. For these services the Company receives a daily fee of $&lt;span id="xdx_90B_ecustom--DailyFeeAndCommissionIncome_pip0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementSAMember_zUY6w1cE8Ch7" title="Daily fee of consultancy"&gt;1&lt;/span&gt;. The
total income from these fees will be classified in the income statement component of the consolidated statement of comprehensive loss
under management &amp;amp; consulting fee income.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;Rental Agreement&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;On August 5, 2021, the
Company entered into a new rental agreement for 902 square metres of office space for its operations within a building owned by Cyberonica
S.A. (an affiliate of Globus&#x2019;s chairman) at a monthly rate of Euro &lt;span id="xdx_90E_ecustom--MonthlyRentalExpense_uEuro_c20210101__20210805__custom--RealEstateDescriptionTypeOfPropertyAxis__custom--NewOfficeBuildingMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NewRentalAgreementCyberonicaSAMember_zuuvcYYl9Oxj"&gt;26,000&lt;/span&gt; (absolute amount) with a lease period ending August 4,
2024. The Company does not presently own any real estate.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"&gt;&lt;b&gt;Acquisition of new
vessels&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;On July 20, 2021, the
Company took delivery of the m/v &#x201c;Power Globe&#x201d;, a &lt;span id="xdx_90E_ecustom--VesselYearBuilt_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_z7F7HVIlh04e"&gt;2011&lt;/span&gt;-built
&lt;span id="xdx_902_ecustom--VesselType_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zKzKQGGveaNh"&gt;Kamsarmax
&lt;/span&gt;dry bulk carrier, through its subsidiary, Talisman Maritime Limited, for a purchase price of $&lt;span id="xdx_90F_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zjBIhDuxYXU5" title="Purchase price"&gt;16.2
&lt;/span&gt;million financed with available cash. The m/v &#x201c;Power Globe&#x201d; was built at Universal Shipbuilding Corporation in Japan
and has a carrying capacity of &lt;span id="xdx_903_ecustom--VesselCapacity_uPure_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zxBoQMXrgmFh"&gt;80,655
&lt;/span&gt;dwt.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;On September 22,
2021, the Company entered into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#x201c;Peak
Liberty&#x201d;, a &lt;span id="xdx_90F_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zYBzOX1ON0F8"&gt;2015&lt;/span&gt;-built &lt;span id="xdx_90E_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z4nzjIQ5t4Gk"&gt;Kamsarmax &lt;/span&gt;dry
bulk carrier, for a purchase price of $&lt;span id="xdx_900_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zo4eUYYqH5A5"&gt;28.4 &lt;/span&gt;million.
The m/v &#x201c;Peak Liberty&#x201d; was built at Tsuneishi Zosen in Japan and has a carrying capacity of &lt;span id="xdx_907_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zruH98ELYbf9"&gt;81,837 &lt;/span&gt;dwt.
The agreement is subject to customary closing conditions. Delivery of the vessel is expected during the &lt;span id="xdx_904_ecustom--VesselDeliveryDate_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zmyF48Tjndqk" title="Expected delivery date"&gt;4th quarter of 2021&lt;/span&gt;.&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/&gt;

&lt;p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory>
    <glbs:DailyFeeAndCommissionIncome
      contextRef="From2021-01-012021-07-15_custom_EolosShipmanagementSAMember"
      decimals="0"
      unitRef="USD">1</glbs:DailyFeeAndCommissionIncome>
    <glbs:MonthlyRentalExpense
      contextRef="From2021-01-012021-08-05_custom_NewOfficeBuildingMember_custom_NewRentalAgreementCyberonicaSAMember"
      decimals="0"
      unitRef="Euro">26000</glbs:MonthlyRentalExpense>
    <glbs:VesselYearBuilt contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember">2011</glbs:VesselYearBuilt>
    <glbs:VesselType contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember">Kamsarmax</glbs:VesselType>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember"
      decimals="0"
      unitRef="USD">16200000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <glbs:VesselCapacity
      contextRef="From2021-01-012021-07-20_custom_PowerGlobeMember"
      decimals="INF"
      unitRef="Pure">80655</glbs:VesselCapacity>
    <glbs:VesselYearBuilt contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember">2015</glbs:VesselYearBuilt>
    <glbs:VesselType contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember">Kamsarmax</glbs:VesselType>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember"
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      unitRef="USD">28400000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <glbs:VesselCapacity
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      decimals="INF"
      unitRef="Pure">81837</glbs:VesselCapacity>
    <glbs:VesselDeliveryDate contextRef="From2021-01-012021-09-22_custom_PeakLibertyMember">4th quarter of 2021</glbs:VesselDeliveryDate>
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        <link:footnote id="Footnote000329" xlink:label="Footnote000329" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">All amounts reflect the reverse
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  July 20, 2021, the Company took delivery of the m/v &#x201c;Power Globe&#x201d;, a 2011-built Kamsarmax dry bulk carrier, through its
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        <link:footnote id="Footnote000853" xlink:label="Footnote000853" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.</link:footnote>
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<title></title>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910611256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
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<td class="text">false<span></span>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun. 30,  2021<span></span>
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</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2021<span></span>
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<td class="text">--12-31<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-34985<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Globus Maritime Limited<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001499780<span></span>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">128 Vouliagmenis Avenue<span></span>
</td>
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<tr class="ro">
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<td class="text">Glyfada, Attica<span></span>
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<td class="text">GR<span></span>
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<td class="text">166 74<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCountry">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>ISO 3166-1 alpha-2 country code.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCountry</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:countryCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933093832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Unaudited Interim Condensed Consolidated Statements of Comprehensive Loss - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">6 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueAbstract', window );"><strong>REVENUES:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromRenderingOfServices', window );">Voyage revenues</a></td>
<td class="nump">$ 11,996<span></span>
</td>
<td class="nump">$ 4,589<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Total Revenues</a></td>
<td class="nump">11,996<span></span>
</td>
<td class="nump">4,589<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaterialIncomeAndExpenseAbstract', window );"><strong>EXPENSES &amp; OTHER OPERATING INCOME:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ServicesExpense', window );">Voyage expenses</a></td>
<td class="num">(294)<span></span>
</td>
<td class="num">(1,975)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_OperatingCosts', window );">Vessel operating expenses</a></td>
<td class="num">(6,060)<span></span>
</td>
<td class="num">(4,038)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationExpense', window );">Depreciation</a></td>
<td class="num">(1,492)<span></span>
</td>
<td class="num">(1,176)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DepreciationOfDryDockingCosts', window );">Depreciation of dry-docking costs</a></td>
<td class="num">(1,115)<span></span>
</td>
<td class="num">(856)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">Administrative expenses</a></td>
<td class="num">(1,075)<span></span>
</td>
<td class="num">(820)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AdministrativeExpenseRelatedPartyTransactions', window );">Administrative expenses payable to related parties</a></td>
<td class="num">(309)<span></span>
</td>
<td class="num">(184)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DirectorsCompensationSharebasedPayment', window );">Share-based payments</a></td>
<td class="num">(20)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Impairment loss</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(4,615)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income, net</a></td>
<td class="nump">123<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating profit/(loss)</a></td>
<td class="nump">1,754<span></span>
</td>
<td class="num">(9,094)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromInterest', window );">Interest income</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Interest expense and finance costs</a></td>
<td class="num">(2,510)<span></span>
</td>
<td class="num">(2,242)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">Loss on derivative financial instruments</a></td>
<td class="num">(65)<span></span>
</td>
<td class="num">(1,868)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss', window );">Foreign exchange gains/(losses), net</a></td>
<td class="nump">29<span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">TOTAL LOSS FOR THE PERIOD</a></td>
<td class="num">(789)<span></span>
</td>
<td class="num">(13,199)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other Comprehensive Income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">TOTAL COMPREHENSIVE LOSS FOR THE PERIOD</a></td>
<td class="num">$ (789)<span></span>
</td>
<td class="num">$ (13,199)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_LossEarningsPerShareAbstract', window );"><strong>Loss per share (U.S.$):</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">&#160;- Basic and Diluted loss per share for the period</a></td>
<td class="num">$ (0.09)<span></span>
</td>
<td class="num">$ (158.35)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_AdministrativeExpenseRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity classifies as being administrative resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_AdministrativeExpenseRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DepreciationOfDryDockingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation of dry-docking costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DepreciationOfDryDockingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DirectorsCompensationSharebasedPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to directors in the form of share-based payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DirectorsCompensationSharebasedPayment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_LossEarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_LossEarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_OperatingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_OperatingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity classifies as being administrative.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35_b_vi&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 67<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2021-01-01<br> -Paragraph 52<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_52_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 35<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction of the carrying amount of an asset or cash-generating unit to its recoverable amount. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2021-01-01<br> -Paragraph 130<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_130_d_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaterialIncomeAndExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaterialIncomeAndExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2021-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2021-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_e&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromRenderingOfServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from the rendering of services. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromRenderingOfServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ServicesExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ServicesExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910744040">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Condensed Consolidated Statements of Financial Position - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>NON-CURRENT ASSETS</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Vessels, net</a></td>
<td class="nump">$ 88,152<span></span>
</td>
<td class="nump">$ 62,350<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPrepayments', window );">Advances for vessels acquisition</a></td>
<td class="nump">1,631<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OfficeEquipment', window );">Office furniture and equipment</a></td>
<td class="nump">95<span></span>
</td>
<td class="nump">100<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right of use asset</a></td>
<td class="nump">393<span></span>
</td>
<td class="nump">450<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents', window );">Restricted cash</a></td>
<td class="nump">3,466<span></span>
</td>
<td class="nump">1,250<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Fair value of derivative financial instruments</a></td>
<td class="nump">111<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">93,858<span></span>
</td>
<td class="nump">64,160<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>CURRENT ASSETS</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade receivables, net</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">153<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">468<span></span>
</td>
<td class="nump">1,248<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets', window );">Prepayments and other assets</a></td>
<td class="nump">934<span></span>
</td>
<td class="nump">1,027<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InsuranceContractsThatAreAssets', window );">Insurance claims</a></td>
<td class="nump">336<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents', window );">Restricted cash</a></td>
<td class="nump">275<span></span>
</td>
<td class="nump">816<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">74,770<span></span>
</td>
<td class="nump">19,037<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">76,794<span></span>
</td>
<td class="nump">22,281<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="nump">170,652<span></span>
</td>
<td class="nump">86,441<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>EQUITY</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Issued share capital</a></td>
<td class="nump">80<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SharePremium', window );">Share premium</a></td>
<td class="nump">284,383<span></span>
</td>
<td class="nump">195,102<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Accumulated deficit</a></td>
<td class="num">(153,809)<span></span>
</td>
<td class="num">(153,020)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">130,654<span></span>
</td>
<td class="nump">42,094<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NoncurrentLiabilitiesIAbstract', window );"><strong>NON-CURRENT LIABILITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Long-term borrowings, net of current portion</a></td>
<td class="nump">28,872<span></span>
</td>
<td class="nump">30,887<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Provision for staff retirement indemnities</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">31<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">309<span></span>
</td>
<td class="nump">367<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">29,202<span></span>
</td>
<td class="nump">31,285<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>CURRENT LIABILITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Current portion of long-term borrowings</a></td>
<td class="nump">4,855<span></span>
</td>
<td class="nump">5,665<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade accounts payable</a></td>
<td class="nump">1,923<span></span>
</td>
<td class="nump">4,758<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities', window );">Accrued liabilities and other payables</a></td>
<td class="nump">2,970<span></span>
</td>
<td class="nump">2,159<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Current portion of lease liabilities</a></td>
<td class="nump">161<span></span>
</td>
<td class="nump">195<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialLiabilities', window );">Current portion of fair value of derivative financial instruments</a></td>
<td class="nump">176<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredIncomeIncludingContractLiabilities', window );">Deferred revenue</a></td>
<td class="nump">711<span></span>
</td>
<td class="nump">285<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">10,796<span></span>
</td>
<td class="nump">13,062<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">TOTAL LIABILITIES</a></td>
<td class="nump">39,998<span></span>
</td>
<td class="nump">44,347<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL EQUITY AND LIABILITIES</a></td>
<td class="nump">$ 170,652<span></span>
</td>
<td class="nump">$ 86,441<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_NoncurrentLiabilitiesIAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_NoncurrentLiabilitiesIAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current accrued expenses and other current liabilities. [Refer: Accruals; Other current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.
Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPortionOfLongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPortionOfLongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current prepayments and other current assets. [Refer: Other current assets; Current prepayments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPrepaymentsAndOtherCurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredIncomeIncludingContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities representing income that has been received (or the amount is due) but is not yet earned, including contract liabilities. [Refer: Contract liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredIncomeIncludingContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InsuranceContractsThatAreAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of insurance contracts that are assets. [Refer: Assets; Insurance contracts [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InsuranceContractsThatAreAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present obligation of the entity to transfer an economic resource as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPrepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current prepayments. [Refer: Prepayments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPrepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OfficeEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment representing equipment used to support office functions, not specifically used in the production process. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 37<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_37_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OfficeEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetainedEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the entity's cumulative undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph IG6<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetainedEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SharePremium">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount received or receivable from the issuance of the entity's shares in excess of nominal value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SharePremium</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Ships">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment representing seafaring or other maritime vessels used in the entity's operations. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 37<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_37_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Ships</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
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<SEQUENCE>15
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932249160">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Unaudited Interim Condensed Consolidated Statements of Changes in Equity - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2"><div>Issued capital [member]</div></th>
<th class="th" colspan="2"><div>Share premium [member]</div></th>
<th class="th"><div>Retained earnings [member]</div></th>
<th class="th"><div>Total [member]</div></th>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Balance at Dec. 31, 2019</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 145,527<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (135,648)<span></span>
</td>
<td class="nump">$ 9,879<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive loss for the period</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,199)<span></span>
</td>
<td class="num">(13,199)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments', window );">Issuance of common shares due to conversion</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">815<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">815<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Issuance of new common shares (Note 6)</a></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">24,203<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">24,207<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity', window );">Issuance of new common shares due to exercise of Warrants (Note 6)</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">194<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">194<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IssueOfPreferredShares', window );">Issuance of Class B preferred shares (Note 6)</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">150<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareIssueRelatedCost', window );">Transaction costs on issue of new common shares</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(532)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="num">(532)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments (Note 9)</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Balance at Jun. 30, 2020</a></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">170,367<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(148,847)<span></span>
</td>
<td class="nump">21,524<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Balance at Dec. 31, 2020</a></td>
<td class="nump">12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">195,102<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(153,020)<span></span>
</td>
<td class="nump">42,094<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive loss for the period</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(789)<span></span>
</td>
<td class="num">(789)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Issuance of new common shares (Note 6)</a></td>
<td class="nump">60<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">89,520<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">89,580<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity', window );">Issuance of new common shares due to exercise of Warrants (Note 6)</a></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IssueOfPreferredShares', window );">Issuance of Class B preferred shares (Note 6)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">130<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">130<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareIssueRelatedCost', window );">Transaction costs on issue of new common shares</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(401)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="num">(401)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments (Note 9)</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Balance at Jun. 30, 2021</a></td>
<td class="nump">$ 80<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 284,383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (153,809)<span></span>
</td>
<td class="nump">$ 130,654<span></span>
</td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">All amounts reflect the reverse
  stock split effected on October 21, 2020.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IssueOfPreferredShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of preferred shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IssueOfPreferredShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the conversion of convertible instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughConversionOfConvertibleInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the exercise of warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareIssueRelatedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost related to the issuance of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareIssueRelatedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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</body>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933957912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">6 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract', window );"><strong>Operating activities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Loss for the period</a></td>
<td class="num">$ (789)<span></span>
</td>
<td class="num">$ (13,199)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract', window );"><strong>Adjustments for:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationExpense', window );">Depreciation</a></td>
<td class="nump">1,492<span></span>
</td>
<td class="nump">1,176<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts', window );">Depreciation of deferred dry-docking costs</a></td>
<td class="nump">1,115<span></span>
</td>
<td class="nump">856<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_PaymentsOfDeferredDryDockingCosts', window );">Payment of deferred dry-docking costs</a></td>
<td class="num">(2,225)<span></span>
</td>
<td class="num">(493)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForProvisions', window );">Provision for staff retirement indemnities</a></td>
<td class="num">(10)<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Impairment loss</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4,615<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives', window );">Loss on derivative financial instruments</a></td>
<td class="nump">65<span></span>
</td>
<td class="nump">1,868<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForFinanceCosts', window );">Interest expense and finance costs</a></td>
<td class="nump">2,510<span></span>
</td>
<td class="nump">2,242<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForInterestIncome', window );">Interest income</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains', window );">Foreign exchange gains, net</a></td>
<td class="num">(53)<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Share based payment</a></td>
<td class="nump">20<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable', window );">Trade receivables, net</a></td>
<td class="nump">142<span></span>
</td>
<td class="num">(394)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">Inventories</a></td>
<td class="nump">780<span></span>
</td>
<td class="nump">1,079<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets', window );">Prepayments and other assets</a></td>
<td class="nump">93<span></span>
</td>
<td class="num">(320)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities', window );">Insurance claims</a></td>
<td class="num">(336)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable', window );">Trade accounts payable</a></td>
<td class="num">(1,372)<span></span>
</td>
<td class="num">(720)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables', window );">Accrued liabilities and other payables</a></td>
<td class="nump">227<span></span>
</td>
<td class="num">(694)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities', window );">Deferred revenue</a></td>
<td class="nump">426<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Net cash generated from / (used in) operating activities</a></td>
<td class="nump">2,082<span></span>
</td>
<td class="num">(3,969)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Vessel acquisition</a></td>
<td class="num">(27,000)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_CashPaymentsForImprovements', window );">Improvements</a></td>
<td class="num">(83)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities', window );">Advance for vessel acquisition</a></td>
<td class="num">(1,631)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities', window );">Purchases of office furniture and equipment</a></td>
<td class="num">(14)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestReceivedClassifiedAsInvestingActivities', window );">Interest received</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Net cash (used in) / generated from investing activities</a></td>
<td class="num">(28,725)<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from loans</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment of long-term debt</a></td>
<td class="num">(1,493)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentPrepaymentAmount', window );">Prepayment of long-term debt</a></td>
<td class="num">(35,507)<span></span>
</td>
<td class="num">(2,240)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromIssuingShares', window );">Proceeds from issuance of share capital</a></td>
<td class="nump">89,580<span></span>
</td>
<td class="nump">24,207<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ProceedsFromWarrantExercises', window );">Proceeds from exercise of Warrants</a></td>
<td class="nump">20<span></span>
</td>
<td class="nump">194<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PaymentsForShareIssueCosts', window );">Transaction costs on issue of new common shares</a></td>
<td class="num">(401)<span></span>
</td>
<td class="num">(532)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents', window );">Increase in restricted cash</a></td>
<td class="num">(1,675)<span></span>
</td>
<td class="num">(83)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Repayment of lease liability</a></td>
<td class="num">(80)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PaymentsForDebtIssueCosts', window );">Payment of financing costs</a></td>
<td class="num">(545)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPaidClassifiedAsFinancingActivities', window );">Interest paid</a></td>
<td class="num">(1,773)<span></span>
</td>
<td class="num">(1,728)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Net cash generated from financing activities</a></td>
<td class="nump">82,376<span></span>
</td>
<td class="nump">19,818<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Net increase in cash and cash equivalents</a></td>
<td class="nump">55,733<span></span>
</td>
<td class="nump">15,861<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at the beginning of the period</a></td>
<td class="nump">19,037<span></span>
</td>
<td class="nump">2,366<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at the end of the period</a></td>
<td class="nump">$ 74,770<span></span>
</td>
<td class="nump">$ 18,227<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation expense of deferred dry-docking costs to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in accrued liabilities and other payables to reconcile profit (loss) to net cash flow from (used in) operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_CashPaymentsForImprovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for improvements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_CashPaymentsForImprovements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DebtInstrumentPrepaymentAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of debt prepaid during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DebtInstrumentPrepaymentAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_PaymentsOfDeferredDryDockingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for deferred dry-docking costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_PaymentsOfDeferredDryDockingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_ProceedsFromWarrantExercises">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the amount received from holders exercising their stock warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_ProceedsFromWarrantExercises</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Inventories; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in other assets to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Other assets; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade accounts receivable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for finance costs to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Finance costs; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gains (losses) on changes in the fair value of derivatives to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: At fair value [member]; Derivatives [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Impairment loss (reversal of impairment loss) recognised in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for the increase (decrease) in deferred income including contract liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deferred income including contract liabilities; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Investment contracts liabilities; Liabilities under insurance contracts and reinsurance contracts issued; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInInsuranceReinsuranceAndInvestmentContractLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in trade accounts payable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForInterestIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for interest income expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Interest income; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForInterestIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provisions to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Provisions; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForReconcileProfitLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for unrealised foreign exchange losses (gains) to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A__IAS07_IE_A_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash advances and loans made to other parties (other than advances and loans made by a financial institution), classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow (outflow) due to a decrease (increase) in restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 39<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents before the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestReceivedClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from interest received, classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestReceivedClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsForDebtIssueCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for debt issue costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsForDebtIssueCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsForShareIssueCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for share issue costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsForShareIssueCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for payment of lease liabilities, classified as financing activities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromIssuingShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from issuing shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromIssuingShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2021-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2021-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2021-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of long-term assets that the entity does not separately disclose in the same statement or note, classified as investing activities. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910503464">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of presentation and general information<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract', window );"><strong>Disclosure of subsidiaries [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory', window );">Basis of presentation and general information</a></td>
<td class="text"><p id="xdx_80A_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zEV1E19WKy4" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">1.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span><span id="xdx_822_ztgyjYrFzVda">Basis
of presentation and general information</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The accompanying unaudited
interim condensed consolidated financial statements include the financial statements of <b><i>Globus Maritime Limited</i></b> (&#8220;Globus&#8221;)
and its wholly owned subsidiaries (collectively the &#8220;Company&#8221;). Globus was formed on July 26, 2006, under the laws of Jersey.
On June 1, 2007, Globus concluded its initial public offering in the United Kingdom and its shares were admitted for trading on the Alternative
Investment Market (&#8220;AIM&#8221;). On November 24, 2010, Globus was redomiciled to the <span id="xdx_903_eifrs-full--DomicileOfEntity_c20210101__20210630_zzHURWIjsUe8">Marshall Islands</span> and its shares were admitted
for trading in the United States (NASDAQ Global Market) under the Securities Act of 1933, as amended. On November 26, 2010, Globus shares
were effectively delisted from AIM.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The address of the registered office of Globus
is: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_90D_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20210101__20210630_zzpB5M0dWhFb">The principal business of the Company is
the ownership and operation of a fleet of dry bulk motor vessels (&#8220;m/v&#8221;), providing maritime services for the transportation
of dry cargo products on a worldwide basis.</span> The Company conducts its operations through its vessel owning subsidiaries.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The operations of the vessels are managed
by Globus Shipmanagement Corp. (the &#8220;Manager&#8221;), a wholly owned Marshall Islands corporation. The Manager has an office in
Greece, located at 128 Vouliagmenis Avenue, 166 74 Glyfada, Greece and provides the commercial, technical, cash management and accounting
services necessary for the operation of the fleet in exchange for a management fee. The management fee is eliminated on consolidation.
The consolidated financial statements include the financial statements of Globus and its subsidiaries listed below, all wholly owned
by Globus as of June 30, 2021:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p id="xdx_898_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_zQFSujkgfFj8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_8B6_zsvQrmGCg8K4" style="display: none">Basis
of presentation and general information</span></p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: middle">
    <td style="text-align: left">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td id="xdx_480_eifrs-full--NameOfSubsidiary_d0_zg7z3RsIvZId" style="text-align: center">&#160;</td></tr>
  <tr style="vertical-align: middle">
    <td style="border-bottom: Black 0.5pt solid; text-align: center; width: 33%">Company</td>
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    <td style="border-bottom: Black 0.5pt solid; text-align: center; width: 19%">Country of Incorporation</td>
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  <tr style="vertical-align: middle">
    <td style="text-align: left">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td></tr>
  <tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_z1z9AweY6Ea3" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Globus Shipmanagement Corp.</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
    <td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0466">&#8212;</span></td>
    <td>&#160;</td>
    <td style="text-align: center">Management Co.</td></tr>
  <tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_z793SLEHD8ef" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Devocean Maritime Ltd.</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="text-align: center">December 18, 2007</td>
    <td>&#160;</td>
    <td style="text-align: center">m/v River Globe</td></tr>
  <tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zThjrTJ2lHek" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Domina Maritime Ltd.</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
    <td>&#160;</td>
    <td style="text-align: center">May 19, 2010</td>
    <td>&#160;</td>
    <td style="text-align: center">m/v Sky Globe</td></tr>
  <tr id="xdx_417_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zUJKMM8nsptj" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Dulac Maritime S.A.</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
    <td>&#160;</td>
    <td style="text-align: center">May 25, 2010</td>
    <td>&#160;</td>
    <td style="text-align: center">m/v Star Globe</td></tr>
  <tr id="xdx_412_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zO6XSYf7feOl" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Artful Shipholding S.A.&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">June 22, 2011</td>
    <td>&#160;</td>
    <td style="text-align: center">m/v Moon Globe</td></tr>
  <tr id="xdx_411_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_zJlaxDUtoQi7" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Longevity Maritime Limited</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Malta</td>
    <td>&#160;</td>
    <td style="text-align: center">September 15, 2011</td>
    <td>&#160;</td>
    <td style="text-align: center">m/v Sun Globe</td></tr>
  <tr id="xdx_41D_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zzQyfHWdaZ3k" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Serena Maritime Limited</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
    <td>&#160;</td>
    <td style="text-align: center">October 29, 2020</td>
    <td>&#160;</td>
    <td style="text-align: center">m/v Galaxy Globe</td></tr>
  <tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_zrDhKDr2pF15" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Talisman Maritime Limited<sup id="xdx_F43_zpxsNSqbZkr5">(1)</sup></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0487">&#8212;</span></td>
    <td>&#160;</td>
    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0488">&#8212;</span></td></tr>
  <tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_zdCxft1IAt34" style="vertical-align: middle">
    <td style="vertical-align: bottom; text-align: left">Argo Maritime Limited</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">June 9, 2021</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">m/v Diamond Globe</td></tr>

<tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_z8kLV5TY8BVl" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Calypso
    Shipholding S.A.</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">Marshall
    Islands</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0493"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0494"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td></tr>
  <tr id="xdx_419_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zj8p9G1S8R06" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Daxos
    Maritime Limited</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">Marshall
    Islands</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0496"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0497"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td></tr>
  <tr id="xdx_414_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_zv6sdNIWLKzj" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Olympia
    Shipholding S.A.</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">Marshall
    Islands</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0499"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0500"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td></tr>
  <tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_zGlfNT63ROa8" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Paralus
    Shipholding S.A.</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">Marshall
    Islands</span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0502"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0503"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td></tr>
  <tr id="xdx_41F_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zDE9TQOdPtn3" style="vertical-align: top">
    <td style="vertical-align: bottom; text-align: left"><span style="font: 9pt Times New Roman, Times, Serif">Salaminia
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">Marshall
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    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0505"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td>
    <td><span style="font: 9pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="vertical-align: bottom; text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0506"><span style="font: 9pt Times New Roman, Times, Serif">&#8212;</span></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"/>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 2%"><span id="xdx_F02_z3E29xhcA7Tg" style="font: 8pt Times New Roman, Times, Serif">(1)</span></td>
  <td style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; vertical-align: middle; text-align: left"><span id="xdx_F14_zv5sWFMqyQyl" style="font: 8pt Times New Roman, Times, Serif">On
  July 20, 2021, the Company took delivery of the m/v &#8220;Power Globe&#8221;, a 2011-built Kamsarmax dry bulk carrier, through its
  subsidiary, Talisman Maritime Limited.</span></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"/>

<p style="margin-top: 0; margin-bottom: 0"/>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p id="xdx_8A4_z8JQJCkOJZle" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">These unaudited interim
condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and,
in the opinion of the management, reflect all normal recurring adjustments considered necessary for a fair presentation of the Company&#8217;s
comprehensive loss, financial position and cash flows for the periods presented. Operating results for the six-month period ended June
30, 2021, are not necessarily indicative of the results that might be expected for the fiscal year ending December 31, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The unaudited interim condensed
consolidated financial statements as of and for the six months ended June 30, 2021, have been prepared in accordance with <span id="xdx_90A_eifrs-full--DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport_c20210101__20210630_zP1DHtg1yvU5" title="Description of compliance with IFRS financial report">IAS
34</span> Interim Financial Reporting.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The unaudited interim condensed consolidated financial statements presented in this report do not include all the information
and disclosures required in the annual financial statements and should be read in conjunction with the consolidated financial statements
as of December 31, 2020 and for the year then ended included in the Company&#8217;s Annual Report on Form 20-F for the year ended December
31, 2020 (the &#8220;2020 Annual Report&#8221;).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">1.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span>Basis
of presentation and general information (continued)</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/><p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Unless
otherwise defined herein, capitalized words and expressions used herein shall have the same meanings ascribed to them in the 2020 Annual
Report.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The unaudited interim condensed consolidated
financial statements as of June 30, 2021 and for the six months then ended, were approved for issuance by the Board of Directors on September
22, 2021.&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>Going Concern basis of accounting:</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">As of December 31, 2020, the Company reported
a working capital surplus of $<span id="xdx_90C_eifrs-full--CurrentAssetsLiabilities_iI_pdn6_c20201231_z3wGvBBAHDRj" title="Working capital surplus">9.2</span> million and was in compliance with its debt covenants.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Subsequently, on January 29, 2021, February 17,
2021 and June 25, 2021, the Company completed additional follow-on equity offerings that provided the Company with further liquidity
(refer to Note 6).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;As of June 30, 2021, the Company
reported a working capital surplus of $<span id="xdx_903_eifrs-full--CurrentAssetsLiabilities_iI_pdn6_c20210630_zDzp9aorBIpi">66</span>
million and was in compliance with the applicable covenants included in the loan agreement with CiT Bank N.A. The Company&#8217;s
cash flow projections indicated that cash on hand and cash to be generated from operating activities will be sufficient to cover the
liquidity needs, including the outflows for new vessel acquisitions and the debt obligations that become due in the twelve-month
period ending following the issuance of these unaudited interim condensed consolidated financial statements.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>Impact of COVID-19 on the Company&#8217;s
Business</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b/>The spread of the COVID-19 virus, which has been declared a pandemic by the World Health Organization in 2020 has caused
substantial disruptions in the global economy and the shipping industry, as well as significant volatility in the financial markets,
the severity and duration of which remains uncertain.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The impact of the COVID-19 pandemic
continues to unfold and may continue to have a negative effect on the Company&#8217;s business, financial performance and the
results of its operations. As a result, many of the Company&#8217;s estimates and assumptions required increased judgment and carry
a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the
Company&#8217;s estimates may change in future periods. Besides reducing demand for cargo, coronavirus may functionally limit the
amount of cargo that the Company and its competitors are able to move because countries worldwide have imposed quarantine checks on
arriving vessels, which have caused delays in loading and delivery of cargoes.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The Company has evaluated the impact of
the current economic situation on the recoverability of the carrying amount of its vessels. During the first quarter of 2020, the
Company concluded that events and circumstances triggered the existence of potential impairment of its vessels. These indicators
included volatility in the charter market as well as the potential impact the then current marketplace could have on the future
operations. As a result, the Company performed an impairment assessment of the Company&#8217;s vessels by comparing the discounted
projected net operating cash flows for each vessel to its carrying values. For the first half of 2020, the Company concluded that
the recoverable amounts of the vessels were lower than their respective carrying amounts and an impairment loss of approximately
$4.6 million was recorded (Note 5). As of June 30, 2021, no indicators of impairment or reversal of previously recognized impairment
have been identified and the Company concluded that no further impairment of its vessels should be recorded or previously recognized
impairment should be reversed.</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>



<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the basis used for the preparation of the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933843560">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies and recent accounting pronouncements<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory', window );">Significant Accounting Policies and recent accounting pronouncements</a></td>
<td class="text"><p id="xdx_800_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zwBlDFSuiiO2" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_825_zBNvcf71sq8j">Significant
Accounting Policies and recent accounting pronouncements</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">A summary of the Company&#8217;s significant accounting
policies and recent accounting pronouncements is included in Note 2 to the Company&#8217;s consolidated financial statements included
in the 2020 Annual Report. The accounting policies adopted are consistent with those of the previous financial year except for the following
accounting policies and amended IFRSs which have been adopted by the Company as of  January 1, 2021:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p id="xdx_843_eifrs-full--DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory_z3IpUfDfHUy5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"><span id="xdx_861_ztrMEVVtRKY">Interest Rate Benchmark Reform</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"/></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"/></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"/><td style="width: 18pt"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>Interest Rate Benchmark Reform &#8211; Phase 2 &#8211; IFRS 9, IAS 39,
IFRS 7, IFRS 4 and IFRS 16 (Amendments)</b></span></td></tr><tr style="vertical-align: top">
<td>&#160;</td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">In August 2020, the IASB published Interest Rate Benchmark Reform &#8211; Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, completing its work in response to IBOR reform. The amendments provide temporary reliefs which address the financial reporting effects when an interbank offered rate (IBOR) is replaced with an alternative nearly risk-free interest rate (RFR). In particular, the amendments provide for a practical expedient when accounting for changes in the basis for determining the contractual cash flows of financial assets and liabilities, to require the effective interest rate to be adjusted, equivalent to a movement in a market rate of interest. Also, the amendments introduce reliefs from discontinuing hedge relationships including a temporary relief from having to meet the separately identifiable requirement when an RFR instrument is designated as a hedge of a risk component. There are also amendments to IFRS 7 Financial Instruments: Disclosures to enable users of financial statements to understand the effect of interest rate benchmark reform on an entity&#8217;s financial instruments and risk management strategy. While application is retrospective, an entity is not required to restate prior periods. Management has assessed that these amendments had no impact on the Company&#8217;s financial position or performance.</td></tr>
                                                            </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"/>

<p id="xdx_855_z8y2iZ5jlBA3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

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for vessels acquisition</b></span><b>: </b>Advances to sellers of second-hand vessels to be acquired are classified as
&#8220;Advances for vessels acquisition&#8221; until the date of delivery and acceptance of the vessel, at which date they are
reclassified to &#8220;Vessels, net&#8221;.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: justify"/>

<p id="xdx_858_zEyq6tgYuhGb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p id="xdx_846_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_zMYpNl3e1E02" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_86A_zoSCQXpnIY4d"><b>Interest
Rate Swap</b></span><b>: </b>The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest
rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that
are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant
observable inputs and minimising the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted
cash flow (see also note 12). The Company has not designated these interest rate swaps for hedge accounting.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The fair value of the Interest Rate Swaps
is classified under &#8220;Fair value of derivative financial instruments&#8221; either under assets or liabilities in the statement of
financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months,
is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The change in fair value deriving from
the valuation of the Interest Rate Swap at the end of each reporting period is classified under &#8220;Loss on derivative financial instruments&#8221;
in the statement of comprehensive loss. Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under
&#8220;Loss on derivative financial instruments&#8221; in the statement of comprehensive loss.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"/></p>

<p id="xdx_845_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_zcD4F4cX6hNb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_863_zxhrpY8AizLb"><b>Standards
issued but not yet effective and not early adopted</b></span><b>:</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"/><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>IAS 1 Presentation of Financial Statements and IFRS Practice Statement
2: Disclosure of Accounting policies (Amendments):</b></span></td></tr><tr style="vertical-align: top">
<td>&#160;</td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif">The Amendments are effective
               for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance
               on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1
               replace the requirement to disclose &#8220;significant&#8221; accounting policies with a requirement to disclose &#8220;material&#8221;
               accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application
               of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing
               these amendments for possible impact on the Company&#8217;s disclosures.</span></td></tr>
                                                                       </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;&#160;</p>

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<td style="width: 18pt"/><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>IAS 8 Accounting policies, Changes in Accounting Estimates and Errors:
Definition of Accounting Estimates (Amendments):</b></span></td></tr><tr style="vertical-align: top">
<td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif">The
                                            amendments become effective for annual reporting periods beginning on or after January 1,
                                            2023 with earlier application permitted and apply to changes in accounting policies and changes
                                            in accounting estimates that occur on or after the start of that period. The amendments introduce
                                            a new definition of accounting estimates, defined as monetary amounts in financial statements
                                            that are subject to measurement uncertainty. Also, the amendments clarify what changes in
                                            accounting estimates are and how these differ from changes in accounting policies and corrections
                                            of errors. Management is in process of assessing these amendments for possible impact on
                                            the Company&#8217;s financial position or performance.</span></td></tr></table>


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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for significant accounting policies applied by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 117<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910680472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash and cash equivalents and Restricted cash<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
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<td class="text"><p id="xdx_803_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zpj5PsCyxQP6" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_825_zvPWemF3nzkl">Cash
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">For the purpose of the interim condensed consolidated
statement of financial position, cash and cash equivalents comprise the following:</p>

<p id="xdx_897_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zYSfp8XBzns4" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_8B4_zbS3ms3yaF0a" style="display: none">Cash
and cash equivalents and Restricted cash</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td id="xdx_491_20210630_z7zPGXIXCTBi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
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    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">19,024</span></td></tr>
  <tr id="xdx_40B_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzfHh_zNr0AooZQXT1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>74,770</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>19,037</b></span></td></tr>
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<p id="xdx_8A1_zqJa972n3j8e" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Cash held in banks earns
interest at floating rates based on daily bank deposit rates. Bank deposits are made for varying periods of between one day and three
months, depending on the immediate cash requirements of the Company and earn interest at the respective bank deposit rates.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">As at June 30, 2021, in order to fulfil the
collateral requirements contained in the loan agreement (Note 8), the Company has pledged an aggregate amount of $<span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_z27lSFsCKdn2">3,741
</span>($<span id="xdx_908_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zRoUW8krBGib">2,066</span> as at December
31, 2020). This amount is presented in the accompanying condensed consolidated statement of financial position at June 30, 2021, under
restricted cash current $<span id="xdx_90D_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_z6VGuXVyeYza">275</span>
($<span id="xdx_90E_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zk1WifPDSgPa">816</span> as at December 31,
2020) and restricted cash non-current $<span id="xdx_90E_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20210630_zF37b6T5IlFj">3,466
</span>($<span id="xdx_909_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20201231_zGAKXeRcuytl">1,250</span> as at
December 31, 2020).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt">&#160;</p>

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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932065368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Transactions with Related Parties<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract', window );"><strong>Disclosure of transactions between related parties [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory', window );">Transactions with Related Parties</a></td>
<td class="text"><p id="xdx_80D_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_zaFr1n65lPC3" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">4.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_826_zbeiZrIidiAh">Transactions with Related
Parties</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Details of the Company&#8217;s transactions
with related parties did not change in the six-month period ended June 30, 2021 and are discussed in Note 4 to the Company&#8217;s consolidated
financial statements as of and for the year ended December 31, 2020, included in the 2020 Annual Report except for the transactions described
below.</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On March 2, 2021, the Company entered into
a stock purchase agreement and issued <span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zDZgtqP3Q584">10,000
</span>Series B Preferred Shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zXJ8rrgibkI5">0.001
</span>per share, to Goldenmare Limited, a company controlled by the Company&#8217;s Chief Executive Officer, Athanasios Feidakis, in
return for $<span id="xdx_907_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zI8qw6VaDjAd" title="Issuance of Class B preferred shares">130</span>,
which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable as executive compensation by the Company to Goldenmare
Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare
Limited was approved by an independent
committee of the Company&#8217;s Board of Directors.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_901_ecustom--VotingRights_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTn3ao8Iavii">As of June 30, 2021, Goldenmare Limited
owns <span id="xdx_906_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z2MjjtuPP798">10,300</span> of the Company&#8217;s Series B preferred shares. Each Series B preferred share has 25,000 votes, provided that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the
total number of votes eligible to be cast on any matter submitted to a vote of shareholders.</span> Except as otherwise provided by applicable
law, holders of the Company&#8217;s Series B preferred shares and the Company&#8217;s common shares vote together as a single class on
all matters submitted to a vote of shareholders, including the election of directors. Athanasios Feidakis has substantial control and
influence over the Company&#8217;s management and affairs and over matters requiring shareholder approval, including the election of
directors and significant corporate transactions, through his ability to direct the vote of such Series B preferred shares.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2021-01-01<br> -Paragraph 18<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_18&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657960397080">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract', window );"><strong>Disclosure of detailed information about property, plant and equipment [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory', window );">Vessels, net</a></td>
<td class="text"><p id="xdx_805_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zFPa5szwM4l4" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">5.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_820_zgWseZdw4Nma">Vessels,
net</span></p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The amounts in the interim condensed consolidated
statement of financial position are analysed as follows:&#160;</p>

<p id="xdx_899_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_zMoWaqwabnW7" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;<span id="xdx_8BA_zKfbD7Foemyh" style="display: none">Vessels, net - Consolidated statement of financial position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="white-space: nowrap; width: 70%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="white-space: nowrap; width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Vessels cost</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Vessels depreciation</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Dry docking costs</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Depreciation of dry-docking costs</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Net Book Value</b></span></td></tr>
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    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Balance at January 1, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDSW3hCbAvDb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>162,992</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z99NSe4WoV65" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>(104,111)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_987_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zLEZidaWVJ87" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>11,883</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zDO5RDTBng75" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>(8,414)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--Ships_iS_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zfMu8cEDncRk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>62,350</b></span></td></tr>
  <tr style="background-color: White">
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    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z6ScaJbPgGvi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"><span style="font-size: 9pt">26,431</span></td>
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    <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znFE5r7vAthf" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"><span style="font-size: 9pt">1,904</span></td>
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    <td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zThAeQmJuVX9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"><span style="font-size: 9pt">28,335</span></td></tr>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zGJRSAmGw0la" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp; Amortization"><span style="font-size: 9pt">(1,115)</span></td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z8uTngv9Rexj" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp; Amortization"><span style="font-size: 9pt">(2,533)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Balance at June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHFxi4oVett4" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>189,423</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zJwNyR6gjGh" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>(105,529)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_988_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ2MCvHkTznk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>13,787</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zutZcE1NfO0j" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>(9,529)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zxHaAg2F40Jj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>88,152</b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p id="xdx_8A4_zPmNKfXGzE2a" style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On February 18, 2021, the Company entered
into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Nord Venus&#8221;, a <span id="xdx_909_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zA52Twq1cOPg">2011</span>-built <span id="xdx_905_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zG6vLCPwJbA9">Kamsarmax </span>dry
bulk carrier, for a purchase price of $<span id="xdx_903_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember__ifrs-full--RangeAxis__custom--DeliveryDateMayMember_zdi9hVir3uTl" title="Purchase price">16.5 </span>million,
if delivered up to May 31, 2021 or $<span id="xdx_909_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember__ifrs-full--RangeAxis__custom--DeliveryDateAugustMember_z4UJ7XKiC7Pe" title="Purchase price">16.2 </span>million
if delivered between June 1, 2021 and August 15, 2021. The m/v &#8220;Nord Venus&#8221; was built at the Universal Shipbuilding
Corporation in Japan and has a carrying capacity of <span id="xdx_909_ecustom--VesselCapacity_uPure_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zF7t9rcxA9I1">80,655 </span>dwt.
The agreement was subject to customary closing conditions. As at June 30, 2021 the Company proceeded to the payment of an amount of
$<span id="xdx_904_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zfVc1zbaWhu">1,620 </span>representing <span id="xdx_904_ecustom--PercentatgeOfPurchasePrice_pid_dp_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_z3MTqOZBntgk" title="Percentatge of purchase price">10</span>%
of the acquisition price, as per the terms of the relevant agreement. The amount is included in Advances for vessels acquisition in
the accompanying condensed consolidated statements of financial position. On <span id="xdx_90F_ecustom--VesselDeliveryDate_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_z9uKEcRpoQn5">July
20, 2021</span>, the Company took delivery of the m/v &#8220;Nord Venus&#8221; that was renamed to &#8220;Power Globe&#8221; (see
also Note 13).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify">&#160;</p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vessels,
net (continued)</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On March 19, 2021, the Company entered into
a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Yangze 11&#8221;, a <span id="xdx_901_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJEP3WVExGo8">2018</span>-built
<span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zqYdfvdqyeO5">Kamsarmax
</span>dry bulk carrier, for a purchase price of $<span id="xdx_90E_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zU16Q8UOj4a1">27
</span>million, the vessel cost amounted to $<span id="xdx_90B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zG9xPxizZCqh" title="Vessel cost">26.4</span> million, and the imputed dry-docking cost amounted to $<span id="xdx_909_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zJJEIGqKwvg5" title="Dry-docking cost">0.6
</span>million. The m/v &#8220;Yangze 11&#8221; was built at Jiangsu New Yangzi Shipbuilding Co., Ltd and has a carrying capacity of
<span id="xdx_90F_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_z6fXB9nyuEw3">82,027
</span>dwt. On <span id="xdx_903_ecustom--VesselDeliveryDate_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zV4DaJagNJPj">June
9, 2021</span>, the Company took delivery of the m/v &#8220;Yangze 11&#8221; that was renamed to &#8220;Diamond Globe&#8221;.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_90C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_do_c20210101__20210630_zeXp6oGK0es">No</span> impairment was recognized
for the first half of 2021($<span id="xdx_905_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20200630_zFhy966VNi57" title="Impairment loss">4,615</span> for the first half of 2020).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS16_g73-79_TI<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959336744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Capital and Share Premium<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract', window );"><strong>Disclosure of classes of share capital [abstract]</strong></a></td>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory', window );">Share Capital and Share Premium</a></td>
<td class="text"><p id="xdx_80A_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_z2eT1mb8PZp5" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_82D_zV4INqwshGXh">Share
Capital and Share Premium</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The authorised share capital
of Globus consisted of the following:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>

<p id="xdx_892_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zOF50HzMGl7b" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span id="xdx_8BE_zV9pnupKXXnd" style="display: none">Share
Capital and Share Premium - Authorised share capital</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>December 31,</b></span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2021</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Authorised share capital:</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90D_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zzLNM8NFBL92" title="Value of shares authorised">2,000</span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zyJ44p4iAy8g" title="Value of shares authorised">2,000</span></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><span id="xdx_906_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zq4LnhYczGk" title="Number of shares authorised"><span id="xdx_90D_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zymItkR6YIpk">100,000,000</span></span> Class B common shares of par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zs8DtVVcwAR6" title="Par value per share"><span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zBc3wc2x5y6l">0.001</span></span> each</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zqrvCtDK1Kf8" title="Value of shares authorised">100</span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziMF3LfjmbUe" title="Value of shares authorised">100</span></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><span id="xdx_90F_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zqQCWYgnwWN3" title="Number of shares authorised"><span id="xdx_908_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zVFoh1nFdkJ4">100,000,000</span></span> Preferred shares of par value $<span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zDyTHjaNBRDc" title="Par value per share"><span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zIWHVKFsuSCf">0.001</span></span> each </span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90E_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_z8nQLBwkMZqf" title="Value of shares authorised">100</span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_908_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zjOri6JmzYda" title="Value of shares authorised">100</span></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total authorised share capital</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630_zwTkjI6pG3Y" title="Value of shares authorised">2,200</span></b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zwMHu0o71Cg3" title="Value of shares authorised">2,200</span></b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p id="xdx_8A4_zN6BvnWBu8qc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_909_ecustom--VotingRights_c20210101__20210630_zSk46bQTaRo4">Holders of the Company&#8217;s
common shares and Class B shares have equivalent economic rights, but holders of Company&#8217;s common shares are entitled to one vote
per share and holders of the Company&#8217;s Class B shares are entitled to twenty votes per share. Each holder of Class B shares may
convert, at its option, any or all of the Class B shares held by such holder into an equal number of common shares.</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span>&#160;</span></p>

<p id="xdx_89E_ecustom--DisclosureOfCommonSharesExplanatory_zJM6hIxGJp44" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span id="xdx_8BC_zZZwB3JUS8Wf" style="display: none">Share
Capital and Share Premium - Common shares issued and fully paid</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: middle; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt; text-align: left"><span style="font-size: 9pt"><b>Common Shares issued and fully paid</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Issued Share Capital </b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of January 1, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znO6L3EDZ2J" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>3,040,123</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zN1ucmRfpMW6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>12</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issued during the period for share based compensation (Note 9)</span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zAiWn0EQ5pO7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"><span style="font-size: 9pt">4,012</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common stocks</span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvG9Jn9hbNp7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">14,905,000</span></td>
    <td/>
    <td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zxAAkv89gam4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">60</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common stock due to exercise of pre-funded warrants</span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zXANz0ZvjkBe" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 9pt">2,075,000</span></td>
    <td/>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3UNzenwfQb3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 9pt">8</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_983_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zGMdAr7OIkPd" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>20,024,135</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zQZYrzQx1tU5" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>80</b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="text-align: left; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0pt"><span style="font-size: 9pt"><b>Common Shares issued and fully paid</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Issued Share Capital </b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of January 1, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_986_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zpQh1VpKhcZc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>52,235</b></span></td>
    <td/>
    <td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeDi1gRcG0Xg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>&#8212;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issued during the period for share based compensation (Note 9)</span></td>
    <td>&#160;</td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zZe1NFpBlQk5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"><span style="font-size: 9pt">217</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common stocks due conversion of loan (Note 8)</span></td>
    <td>&#160;</td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_iP3custom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zI4TMESJrJh3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stocks due conversion of loan (Note 8)"><span style="font-size: 9pt">11,678</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common stocks</span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuQJpSIVNSb5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">852,750</span></td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--IssueOfEquity_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zKszpaOoOlc4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">4</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of common stock due to exercise of pre-funded warrants</span></td>
    <td>&#160;</td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zexFaAV1jNJ4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 9pt">5,550</span></td>
    <td>&#160;</td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_ztGzwdnPPcK8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 9pt">&#8212;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of June 30, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zikod2mGf5wl" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>922,430</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zaV4IqN60NT9" style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>4</b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p id="xdx_8AD_zDYR8VIqLKhb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On March 2, 2021, the Company entered into
a stock purchase agreement and issued <span id="xdx_909_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zRu58O26L3t2">10,000</span> Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zFdmH40cJsWf">0.001</span> per share, to Goldenmare Limited, a company controlled
by the Company&#8217;s Chief Executive Officer, Athanasios Feidakis, in return for $<span id="xdx_900_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zLUAcogWAVEe" title="Issuance of preferred shares">130</span>, which amount was settled by reducing, on a dollar-for-dollar
basis, the amount payable as executive compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The issuance of the Series B preferred shares
to Goldenmare Limited were approved by an independent committee of the Company&#8217;s Board of Directors.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">As of June 30, 2021, the
Company had <span id="xdx_902_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20210630__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_ziT8Ck8o6Hc8">no</span> Class B common shares and <span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zbWspIf85q62" title="Number of shares outstanding">10,300</span> Series B Preferred Shares outstanding.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital and Share Premium (continued)</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Share premium includes the contribution of
Globus&#8217; shareholders for the acquisition of the Company&#8217;s vessels. Additionally, share premium includes the effects of the
acquisition of non-controlling interest, the effects of the Globus initial and follow-on public offerings and the effects of the share-based
payments described in Note 9. At June 30, 2021 and December 31, 2020, Globus share premium amounted to $<span id="xdx_903_eifrs-full--SharePremium_iI_pn3n3_c20210630_zyFcfr3urnhl">284,383</span> and $<span id="xdx_903_eifrs-full--SharePremium_iI_pn3n3_c20201231_zGTx7jPMsEW2">195,102</span>, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On January 13, 2021, the remaining pre-funded
warrants from the December 2020 Pre-Funded Warrants were exercised and <span id="xdx_901_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20210101__20210113__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zyGsQxWIQAY2" title="Common stock due to exercise of warrants">130,000</span> common shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_c20210113__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z6iXwncVMwp4" title="Par value per share | $ / shares">0.004</span> per share were issued.</p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On January 27, 2021, the Company entered into
a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_900_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zo9E9XFPkGV7">2,155,000
</span>common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0UAV3nzUKf6">0.004
</span>per share, (b) pre-funded warrants to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zGto23OpTFH7">445,000
</span>common shares, par value $<span id="xdx_904_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zUgnV8SaHOC2">0.004
</span>per share and (c) warrants (the &#8220;January 2021 Warrants&#8221;) to purchase <span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_z62icCh62lZg">1,950,000
</span>common shares, par value $<span id="xdx_908_eifrs-full--ParValuePerShare_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_zyPKvy6i4QL1">0.004
</span>per share, at an exercise price of $<span id="xdx_900_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--January2021WarrantsMember_zVKlsr37KNIe">6.25
</span>per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_907_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgi2JfOEFyS3">15,108</span>,
before issuance expenses of $<span id="xdx_90B_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z3tBR0tdGEod">120</span>.
All <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zaKXDqzEB7Ya">445,000
</span>pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_90E_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210127__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z4UwuuPV0LMl">5</span>.
No January 2021 Warrants have been exercised as of September 27, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The January 2021 Warrants are exercisable for
a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder,
in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for
the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying
the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through
a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to
the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated
damages provisions.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On February 12, 2021, the Company entered
into a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zipEoe89qLr6">3,850,000
</span>common shares par value $<span id="xdx_90B_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zWWicEJrMb9h">0.004
</span>per share, (b) pre-funded warrants to purchase <span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zuH7fjsrajbg">950,000
</span>common shares, par value $<span id="xdx_903_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_z2ZV5Kgi3aS6">0.004
</span>par value, and (c) warrants (the &#8220;February 2021 Warrants&#8221;) to purchase <span id="xdx_900_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zua5vhLz9Xoe">4,800,000
</span>common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zLRBqocyc02j">0.004
</span>per share, at an exercise price of $<span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--February2021WarrantsMember_zAz6OmvkI4Pf">6.25
</span>per share. Total proceeds, net of commission retained by the placement agent, amounted, to $<span id="xdx_901_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzQFflXw11pd">27,891</span>,
before issuance expenses of $<span id="xdx_907_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zTyGAAojOAD5">152</span>.
All <span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zUFuRdHWqxte">950,000</span> pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210212__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zBIe3oQUmSVd">10</span>.
No February 2021 Warrants have been exercised as of September 27, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The February 2021 Warrants are exercisable
for a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option of each holder,
in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for
the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying
the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through
a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to
the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated
damages provisions.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">On June 25, 2021, the Company entered into
a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_904_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNwnU0lFAcMl">8,900,000
</span>common shares par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzB1gWmQpGdl">0.004
</span>per share, (b) pre-funded warrants to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zfJEb37Qk9A4">1,100,000
</span>common shares, par value $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zJPmhBl4fsxc">0.004
</span>par value, and (c) warrants (the &#8220;June 2021 Warrants&#8221;) to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_zAB0jRvnO8p5">10,000,000
</span>common shares, par value $<span id="xdx_90E_eifrs-full--ParValuePerShare_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_zkVU3IuNcSRk">0.004
</span>per share, at an exercise price of $<span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_c20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--June2021WarrantsMember_z87fwwmfCCG3">5.00
</span>per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_909_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zSSqxcxWM8xb">46,581</span>,
before issuance expenses of approximately $<span id="xdx_907_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210213__20210625__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zdNbGQTmXyW1">129</span>.
As of June 30, 2021 <span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zZXDOqO1lRL6">550,000
</span>pre-funded warrants were exercised and the total proceeds amounted to $<span id="xdx_905_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210213__20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember_zb6k3IC8r3G8">5</span>.
The remaining <span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PreFundedWarrantsMember__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--SubsequentPreFundedWarrantsMember_z1mzi2yh4VQ4">550,000
</span>pre-funded warrants were exercised subsequently. No June 2021 Warrants have been exercised as of September 27, 2021.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">The June 2021 Warrants
are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants will be exercisable, at the option
of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available
funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common
shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the
warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined
according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains
certain liquidated damages provisions.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">As of June 30,
2021, the Company had issued <span id="xdx_903_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_zF7DPz7H3eX5" title="Issuance of common stock due to exercise of warrants">5,550</span>
common shares pursuant to exercise of outstanding Class A Warrants as defined in the 2020 Annual Report and had <span id="xdx_909_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_z3JnV6XdUM0d" title="Number of outstanding warrants">388,700</span>
Class A Warrants outstanding to purchase an aggregate of <span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ClassAWarrantsMember_zH6h6aLPkBzc" title="Number of shares called by warrants">388,700</span>
common shares.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 96.4pt; text-align: justify; text-indent: -25.55pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital and Share Premium (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b/></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">As of June 30,
2021, no PP Warrants as defined in the 2020 Annual Report had been exercised and the Company had <span id="xdx_90E_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PPWarrantsMember_zLfH36p0osi1">1,291,833</span>
PP Warrants outstanding to purchase an aggregate of <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20210630__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PPWarrantsMember_zjZk9jW5tDad">1,291,833</span>
common.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The Company&#8217;s
warrants are classified in equity, following the Company&#8217;s assessment that warrants meet the equity classification criteria as
per IAS 32.</p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<span></span>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959697272">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss per Share<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Earnings per share [abstract]</strong></a></td>
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<td class="text"><p id="xdx_805_eifrs-full--DisclosureOfEarningsPerShareExplanatory_zXV76Xxc8uu9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>7.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_82F_zgiruwlZhzhd">Loss per Share</span></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Basic earnings/(loss) per share (&#8220;EPS&#8221;/&#8216;&#8216;LPS&#8217;&#8217;)
is calculated by dividing the net profit/(loss) for the period attributable to Globus shareholders by the weighted average number of shares
issued, paid and outstanding.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Diluted earnings/(loss) per share is calculated
by dividing the net profit/(loss) attributable to common equity holders of the parent by the weighted average shares outstanding during
the period plus the weighted average number of common shares that would be issued on the conversion of dilutive potential common shares
into common shares. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed
purchased) are included in the denominator of the diluted earnings/(loss) per share computation unless such inclusion would be anti-dilutive.
As the Company reported losses for the periods ended June 30, 2021 and 2020, the effect of any incremental shares would be anti-diluted
and thus excluded from the computation of the LPS</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The following reflects the loss and share data
used in the basic and diluted loss per share computations:</p>

<p id="xdx_89F_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zbcwsiv620v6" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;<span id="xdx_8BF_zmFL6owEGTv5" style="display: none">Loss per Share</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_49E_20210101__20210630_zvwI36wRE7De" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_498_20200101__20200630_z3u2jP7WRdF8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td colspan="3" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>For
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  <tr>
    <td style="white-space: nowrap; width: 78%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zG4AVYV1AoJ2" style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Loss attributable to common equity holders</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(789)</span></td>
    <td>&#160;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">(13,199)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--WeightedAverageShares_pip0_z4MkMJovQOea" style="background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Weighted average number of shares for basic and diluted LPS</span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">83,354</span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0"/>
<p id="xdx_8AC_zxxfO2RF9QKb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>




<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS33_g70-73A_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933805336">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Debt, net<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBorrowingsExplanatory', window );">Long-Term Debt, net</a></td>
<td class="text"><p id="xdx_80F_eifrs-full--DisclosureOfBorrowingsExplanatory_zPnlbtgeYzM5" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">8.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_828_zY0fAtw00jP7">Long-Term
Debt, net</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">Long-term debt in the consolidated
statement of financial position is analysed as follows:</p>

<p id="xdx_899_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_z0n22MPobT49" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span id="xdx_8B9_zs4QCNMp9qDg" style="display: none">Long-Term
Debt, net - Consolidated statement of financial position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: White">
    <td style="vertical-align: top; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>&#160;</b></span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Borrower</b></p></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Loan Balance</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Unamortized Debt Discount</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Total Borrowings</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: -5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>(a)</b></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp; Serena Maritime Limited</span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zY6kbeWksyuh" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt">34,250</span></td>
    <td>&#160;</td>
    <td id="xdx_984_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zX8TfpCsRoJg" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 9pt">(523)</span></td>
    <td>&#160;</td>
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  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total at June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630_zRl5m0CEnEH1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt"><b>34,250</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z7VZ6ibY8e9i" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 9pt"><b>(523)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_986_eifrs-full--Borrowings_iI_pn3n3_c20210630_zoZWO1l0eKAl" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 9pt"><b>33,727</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Less: Current Portion</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20210630_zMaQJkLs55Jd" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 9pt"><b>(5,000)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98F_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z3kn3KEOTblg" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 9pt"><b>145</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20210630_zzZvsxEiPwP8" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 9pt"><b>(4,855)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Long-Term Portion</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20210630_zcyUgpx4JFkh" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 9pt"><b>29,250</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98F_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_zoXoHSzPUzp6" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 9pt"><b>(378)</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn3n3_c20210630_z2jimyF2YNGc" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 9pt"><b>28,872</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total at December 31, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zIuyN9nzRtx" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt"><b>37,000</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zOSSWi4SsZM7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 9pt"><b>(448)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Borrowings_iI_pn3n3_c20201231_zxVKHfyezFc1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 9pt"><b>36,552</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Less: Current Portion</b></span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zysp0qUU5fx5" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 9pt"><b>(5,970)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zD60gE8whrzc" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 9pt"><b>305</b></span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_z5QIwlgDaPK9" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 9pt"><b>(5,665)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Long-Term Portion</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_981_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zufScbXfpuMf" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 9pt"><b>31,030</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zcolIRkaRVch" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 9pt"><b>(143)</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zGBdLoIRpZ55" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 9pt"><b>30,887</b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p id="xdx_8AB_zecwuY1IUVzf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">Details of the Company&#8217;s credit facilities
and debt securities are discussed in Note 11 of the Company&#8217;s consolidated financial statements for the year ended December 31,
2020, included in the 2020 Annual Report.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">As of June 30, 2021, the Company was in compliance
with the loan covenants of the agreement with the lenders.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;&#160;</p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>8. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term Debt, net (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In more detail:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"/>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 9pt"><b>(a)</b></span></td><td style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 9pt">In May
                                                                                                     2021, Globus through its wholly owned subsidiaries, Devocean Maritime Ltd.(the &#8220;Borrower A&#8221;), Domina Maritime Ltd. (the
                                                                                                     &#8220;Borrower B&#8221;), Dulac Maritime S.A. (the &#8220;Borrower C&#8221;), Artful Shipholding S.A. (the &#8220;Borrower
                                                                                                     D&#8221;), Longevity Maritime Limited (the &#8220;Borrower E&#8221;) and Serena Maritime Limited (the &#8220;Borrower F&#8221;),
                                                                                                     vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe, m/v Sun Globe and m/v Galaxy Globe,
                                                                                                     respectively, entered a new term loan facility for up to $<span id="xdx_907_eifrs-full--NotionalAmount_iI_pn3n3_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zzNq92p8IbPb" title="Notional amount">34,250</span>
                                                                                                     with CiT Bank N.A. for the purpose of refinancing the existing indebtedness secured on the ships.
                                                                                                     The loan facility is in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A., Artful Shipholding S.A.,
                                                                                                     Longevity Maritime Limited and Serena Maritime Limited as the borrowers and is guaranteed by Globus. The loan facility bears
                                                                                                     interest at <span id="xdx_907_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_ztsPpl79wJ9i">LIBOR</span>
                                                                                                     plus a margin of <span id="xdx_908_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pid_dp_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zkS6CeCvysLe">3.75</span>%
                                                                                                     for interest periods of three months. The Company also entered into a swap agreement with respect to LIBOR. This loan facility is
                                                                                                     referred to as the CiT loan facility. </span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">On May 10, 2021, the Company drew down $<span id="xdx_90E_ecustom--DebtInstrumentPrepaymentAmount_pn3n3_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zTKvF8kmyQGl" title="Prepayment of long-term debt">34,250</span>
and fully prepaid the balance of the EnTrust loan facility. The CiT loan facility consists of <span id="xdx_905_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210531__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember_zlQKZPRiqYB1" title="Number of loan tranches">six</span> tranches, one for each vessel.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">Among the other financial covenants
in CiT loan facility it is included the following covenant:</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">At all times the Parent Guarantor (i.e.,
Globus) shall maintain, on a consolidated basis, cash in an amount of not less than $<span id="xdx_900_eifrs-full--CashAndCashEquivalents_iI_pp0n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--CiTLloanFacilityMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z6Qvbsnyytrf">150
</span>for each group vessel (other than the Borrowers), to be legally and beneficially owned by the owner of that vessel, such cash
to be free of any restriction or withdrawal or transfer and unencumbered by any security.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">The Company was in compliance with
the covenants of CiT loan facility as of June 30, 2021.</p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt">&#160;&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 9pt"><b>(b)</b></span></td><td style="text-align: justify"><span style="font-size: 9pt">In June 2019, Globus through its wholly owned subsidiaries, Devocean
                                                                                                     Maritime Ltd.(the &#8220;Borrower A&#8221;), Domina Maritime Ltd. (the &#8220;Borrower B&#8221;), Dulac Maritime S.A. (the
                                                                                                     &#8220;Borrower C&#8221;), Artful Shipholding S.A. (the &#8220;Borrower D&#8221;) and Longevity Maritime Limited (the
                                                                                                     &#8220;Borrower E&#8221;), vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe and m/v Sun
                                                                                                     Globe, respectively, entered a new term loan facility for up to $<span id="xdx_902_eifrs-full--NotionalAmount_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_z8kqbAtuDVgk" title="Notional amount">37,000</span>
                                                                                                     with EnTrust Global&#8217;s Blue Ocean Fund for the purpose of refinancing the existing indebtedness secured on the ships and for
                                                                                                     general corporate purposes. The loan facility was in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A.,
                                                                                                     Artful Shipholding S.A. and Longevity Maritime Limited as the borrowers and was  guaranteed by Globus. The loan facility bore
                                                                                                     interest at <span id="xdx_908_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_z0c7GJX8Sm57">LIBOR</span>
                                                                                                     plus a margin of <span id="xdx_90F_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pid_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zMt49AMltghl">8.50</span>%
                                                                                                     (or <span id="xdx_902_ecustom--BorrowingsDefaultInterestRate_iI_pid_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zGvDF4suHEm3">10.5</span>%
                                                                                                     default interest) for interest periods of three months. This loan facility is referred to as the EnTrust loan facility. </span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">In March 2021, the Company prepaid $<span id="xdx_90E_ecustom--DebtInstrumentPrepaymentAmount_pp0n6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustLoanFacilityMember_zO8QElAZt5B7">6</span>.0 million
of the Entrust loan facility, which represented all amounts that would otherwise come due during calendar year 2021 and on May 10, 2021,
the Company fully prepaid the balance of the EnTrust Loan facility.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 9pt"><b>(c)</b></span></td><td style="text-align: justify"><span style="font-size: 9pt">On July 27, 2020, the Company repaid the total outstanding principal and
interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_906_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z83ZPneiRYI7">863</span>. </span></td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">As of June 30, 2021, and 2020, there
was an amount of $<span id="xdx_903_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20200630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zIGOy66cSYtb"><span id="xdx_901_eifrs-full--UndrawnBorrowingFacilities_iI_pn3n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zd9PJ87t1VBa">14,200</span></span>
available to be drawn under the Firment Shipping Credit Facility, as amended and restated on May 8, 2020. The Amended and Restated
Agreement converted the then existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to <span id="xdx_907_eifrs-full--BorrowingsMaturity_c20210101__20210630__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z5DNvNqiv6m3">October
31, 2021</span>.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">The Firment Shipping Credit Facility requires
that Athanasios Feidakis remains Chief Executive Officer and that Firment Shipping maintains at least a <span id="xdx_900_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_pid_dp_c20210101__20210630__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zmCwxuFEouw6" title="Percentage of ownership in Globus Maritime Ltd.">40</span>% shareholding in Globus, other
than due to actions taken by Firment Shipping, such as sales of shares. In connection with the registered direct offering on January 29,
2021, February 12, 2021 and June 25, 2021 (collectively, the &#8220;Filings&#8221;), the Company obtained waivers from Firment Shipping
Inc. The waivers consented to the Company making the Filings and waived the requirement to maintain at least a 40% shareholding in Globus
as a result of the issuance of common shares and warrants.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify">As of June 30, 2021, and December 31, 2020,
the Company is in compliance with the loan covenants of the Firment Shipping Credit Facility.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0pt"/><td style="width: 21.25pt"><b>(d)</b></td><td style="text-align: justify">On March 13, 2019, the Company signed a securities purchase agreement with a private investor and on the
same date issued, for gross proceeds of $<span id="xdx_908_eifrs-full--NotesAndDebenturesIssued_iI_pdn6_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z63GLdJbgKd4" title="Notes issued">5</span> million, a senior convertible note (the &#8220;Convertible Note&#8221;) that was convertible
into shares of the Company&#8217;s common stock, par value $<span id="xdx_904_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z7QO5kNWExpd">0.004</span> per share. If not converted or redeemed beforehand pursuant to the terms
of the Convertible Note, the Convertible Note matured upon the anniversary of its issue. The Convertible Note was issued in a transaction
exempt from registration under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;).</td></tr></table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">&#160;</p>



<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"><b/></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"><b>8. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Long-Term
Debt, net (continued)</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.05pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">The Convertible Note provided for interest
to accrue at <span id="xdx_906_ecustom--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zgUrEATTsfsl">10</span>% annually, which interest would be paid on the first anniversary of the Convertible Note&#8217;s issuance unless the Convertible
Note was converted or redeemed pursuant to its terms beforehand. The interest could be paid in common shares of the Company, if certain
conditions described within the Convertible Note were met. With respect to the Convertible Note, the Company also signed a registration
rights agreement with the private investor pursuant to which it agreed to register for resale the shares that could be issued pursuant
to the Convertible Note. The registration rights agreement contained liquidated damages if the Company was unable to register for resale
the shares into which the Convertible Note could be converted and maintain such registration.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify">As per the conversion clause included in
the Convertible Note, the Company had recognized this agreement as a hybrid agreement which included an embedded derivative. This embedded
derivative was separated to the derivative component and the non-derivative host. The derivative component was shown separately from the
non-derivative host in the consolidated statement of financial position at fair value. The changes in the fair value of the derivative
financial instrument were recognized in the consolidated statement of comprehensive loss. The initial amount drawn with respect to the
Convertible Note was $<span id="xdx_90C_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20190101__20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zZIq9W6NPNnk" title="Proceeds from borrowings">5,000</span>. The non-derivative host and the derivative component that was initially recognized amounted to $<span id="xdx_90B_ecustom--BorrowingsGross_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z5L0qxbtmQK6">1,783</span> and
$<span id="xdx_90C_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20190313__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zWrQAKW9qj96">3,217</span>, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -0.05pt">On June 25, 2020,
the Company repaid the total outstanding principal and interest of the Convertible Note amounting to $<span id="xdx_903_eifrs-full--RepaymentsOfBondsNotesAndDebentures_pn3n3_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z76YYFHGL52">2,528</span>.
The Company recognized a loss on this derivative financial instrument amounting to $<span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_iN_pn3n3_di_c20200101__20200625__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zUlnpk6ck6Vc">1,343</span>,
which was classified under &#8220;gain/(loss) on derivative financial instruments&#8221; in the income statement component of the consolidated
statement of comprehensive loss.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -1cm">&#160;</p>

<p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 7.05pt 0 21.25pt; text-align: justify; text-indent: 0cm"><span style="font-family: Times New Roman, Times, Serif">The
contractual annual loan principal payments to CiT Bank N.A.  </span>loan <span style="font-family: Times New Roman, Times, Serif">facility
to be made subsequent to June 30, 2021, were as follows:</span></p>

<p id="xdx_89D_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zfdwSxpsQhie" style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.25pt; display: none; text-align: justify; text-indent: 0cm">&#160;Long-Term Debt, net - Annual loan principal payments</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: White">
    <td style="border-bottom: Black 0.5pt solid; width: 89%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>CiT
    Bank N.A.</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">2022</span></td>
    <td>&#160;</td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_ztMvt3rf21i3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt">5,000</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">2023</span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zqd0E0uMw6Td" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt">5,000</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2024</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFiveYearAndNotLaterThanSixYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_z52q9172dckj" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">14,250</span></td></tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932065368">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Based Payment<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [abstract]</strong></a></td>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory', window );">Share Based Payment</a></td>
<td class="text"><p id="xdx_80B_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zCEWilEQPrfc" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">9.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_823_z5QXd2tZxqL">Share Based Payment</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Share based payment comprise the
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<p id="xdx_897_ecustom--DisclosureOfShareBasedPayment_zd6qzxYEgWlb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;<span id="xdx_8B9_z45Csg7wFD6i" style="display: none">Share Based Payment</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 56%"><span style="font-size: 9pt"><b>Period from January 1 to June 30, 2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Number of common shares</b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Number of preferred shares </b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Issued share Capital</b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Share premium</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
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    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Non-executive directors payment </span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAnnlJAbpx4b" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">4,012</span></td>
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    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total at June 30, 2021</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zZqaWSZ1eXeh" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>4,012</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
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    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zPYJQLpo9r38" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>20</b></span></td></tr>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="border-bottom: Black 0.5pt solid; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Period from January 1 to June 30, 2020</b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of common shares</b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of preferred shares </b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Issued share Capital</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Share premium</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_znUcxPlR8mnk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">217</span></td>
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    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_fKg_____zfT9VbgZJgc7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">10<sup id="xdx_F4D_zSaQF5HVJl2j">*</sup></span></td></tr>
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    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total at June 30, 2020</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zdY4OkDS7Mtj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>217</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
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    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_fKg_____zaRnqw68Dzja" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>10<sup id="xdx_F44_zskVD0F2BJ6h">*</sup></b></span></td></tr>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td id="xdx_F08_zUiELBe4vHk" style="width: 1%; text-align: left">*</td><td id="xdx_F1B_zUBQSt1vat2a" style="text-align: justify; width: 99%">The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<p id="xdx_8A6_zZWVjuJmHTJa" style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<span></span>
</td>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for share-based payment arrangements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 44<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_44&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory</td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932065368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contingencies<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesAbstract', window );"><strong>Disclosure of contingent liabilities [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory', window );">Contingencies</a></td>
<td class="text"><p id="xdx_803_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zkNkeDMH3zj9" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">10.&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_821_zVfWSZh22aA8">Contingencies</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><b><i>&#160;</i></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">Various claims, suits and complaints, including
those involving government regulations, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes
with charterers, environmental claims, agents, and insurers and from claims with suppliers relating to the operations of the Company&#8217;s
vessels. Currently, management is not aware of any such claims or contingent liabilities, which are material for disclosure.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>



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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of contingent liabilities. [Refer: Contingent liabilities [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2021-01-01<br> -Paragraph 86<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_86&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657960396952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract', window );"><strong>Commitments</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCommitmentsExplanatory', window );">Commitments</a></td>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The Company enters into time charter arrangements
on its vessels. These non-cancellable arrangements had remaining terms between forty days to approximately three months as of June 30,
2021, assuming redelivery at the earliest possible date. As of December 31, 2020, the non-cancellable arrangements had remaining terms
between nine days to eight months, assuming redelivery at the earliest possible date. Future net minimum lease revenues receivable under
non-cancellable operating leases as of June 30, 2021 and December 31, 2020, were as follows (vessel off-hires and dry-docking days that
could occur but are not currently known are not taken into consideration; in addition early delivery of the vessels by the charterers
is not accounted for):</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">&#160;</p>

<p id="xdx_89E_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zKgmdOYT8yC2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -20pt; text-align: left"><span id="xdx_8BE_z1Fl3wBOpDG8" style="display: none">Commitments - Future
minimum lease revenues receivable under non-cancellable operating leases</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top; background-color: White">
    <td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-left: 5.4pt; text-align: right; font-size: 11pt; text-indent: -0.05pt"><span style="font-size: 9pt"><b>June
    30, 2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 9pt"><b>December 31, 2020</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="vertical-align: middle; padding-left: 9.45pt; text-align: left; font-size: 11pt; text-indent: -9.45pt"><span style="font-size: 9pt">Within one year</span></td>
    <td id="xdx_98B_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNbgdZv3WtJ7" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt" title="Total"><span style="font-size: 9pt">8,323</span></td>
    <td>&#160;</td>
    <td id="xdx_98D_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zqUASvmLT8d4" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt; text-indent: 0cm" title="Total"><span style="font-size: 9pt">3,078</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-bottom: 2.5pt; vertical-align: middle; padding-right: 5.4pt; font-size: 11pt; text-indent: 0cm; text-align: left"><span style="font-size: 9pt"><b>Total</b></span></td>
    <td id="xdx_98F_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630_zp2kMtKfDFB2" style="border-bottom: Black 2.5pt double; padding-left: -10pt; vertical-align: middle; padding-right: -10pt; font-size: 11pt; text-indent: 10pt; text-align: right" title="Total"><span style="font-size: 9pt"><b>8,323</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_982_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_zlriJD4TUNNd" style="border-bottom: Black 2.5pt double; padding-left: 0pt; vertical-align: middle; padding-right: 0pt; font-size: 11pt; text-indent: 20pt; text-align: right" title="Total"><span style="font-size: 9pt"><b>3,078</b></span></td></tr>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p id="xdx_8AC_zjexgoNVh9Xd" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">These amounts include consideration
for other elements of the arrangement apart from the right to use the vessel such as maintenance and crewing and its related costs.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">For time charters that qualify
as leases, the Company is required to disclose lease and non-lease components of lease revenue. The revenue earned under time charters
is not negotiated in its two separate components, but as a whole. For purposes of determining the standalone selling price of the vessel
lease and technical management service components of the Company&#8217;s time charters, the Company concluded that the residual approach
would be the most appropriate method to use given that vessel lease rates are highly variable depending on shipping market conditions,
the duration of such charters and the age of the vessel.</p>


<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The Company believes that the standalone transaction price attributable to the
technical management service component, including crewing services, is more readily determinable than the price of the lease component
and, accordingly, the price of the service component is estimated using data provided by its technical department, which consist of the
crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_908_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20210630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRB9kSC4aaNj">6,208</span> and $<span id="xdx_908_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20200630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKyEgE84obi2">4,246</span> for the periods ended June 30, 2021 and 2020,
respectively. The lease component that is disclosed then is calculated as the difference between total revenue and the non-lease component
revenue and was $<span id="xdx_90F_eifrs-full--OperatingLeaseIncome_pn3n3_c20210101__20210630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUMQB4P7aSd6">5,788</span> and $<span id="xdx_90A_eifrs-full--OperatingLeaseIncome_pn3n3_c20200101__20200630__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z3bymY1CUn0f">343</span> for the periods ended June 30, 2021 and 2020, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">As further discussed in
note 4 of the 2020 Annual Report, on January 1, 2019, following the adoption of IFRS 16, the Company recognised a right of use asset
and a corresponding liability of approximately $<span id="xdx_90E_eifrs-full--RightofuseAssets_iI_pn3n3_c20181231_z4IdYUbLxVU6"><span id="xdx_903_eifrs-full--LeaseLiabilities_iI_pn3n3_c20181231_zbd8781JQuP9">674</span></span>
with respect to the rental agreement. The depreciation charge for right-of-use assets for the period ended June 30, 2021 and 2020,
was approximately $<span id="xdx_906_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20200630_zWGMezATKCCc"><span id="xdx_901_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20210630_zeDronPIBvYf">56</span></span>
for both periods and the interest expense on lease liability for the period ended June 30, 2021 and 2020, was approximately $<span id="xdx_907_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20210630_zj7XPT4V14yg">20</span>
and $<span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20200630_zKe8faC1xa49">23</span>,
respectively, and recognised in the income statement component of the consolidated statement of comprehensive loss under
depreciation and interest expense and finance costs, respectively.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">At June 30, 2021 and December
31, 2020, the current lease liabilities amounted to $<span id="xdx_903_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20210630_zHAV0oI3yWn4">161</span> and $<span id="xdx_906_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20201231_zRPVUHObuoy8">195</span>, respectively, and the non-current lease liabilities amounted to $<span id="xdx_90F_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20210630_z0pwp2CEeJfh">309</span>
and $<span id="xdx_902_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20201231_zyJh8YtkBrX9">367</span>, respectively, and are included in the accompanying consolidated statements of financial position.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The Company assumed a commitment
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on September 22, 2021 for the acquisition of the vessel (see also Note 13).</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;&#160;</p>



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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of commitments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932065496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair values<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract', window );"><strong>Disclosure of fair value measurement of assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementExplanatory', window );">Fair values</a></td>
<td class="text"><p id="xdx_80C_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_zBJLIcHEXKR5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>12.<span style="font-weight: normal">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span id="xdx_823_z0EWfhErhsm3">Fair values</span></b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><b>Carrying amounts
and fair values</b></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -36pt"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The following table shows
the carrying amounts and fair values of assets and liabilities measured at fair value, including their levels in the fair value hierarchy
(as defined in note 2.28 of the 2020 Annual Report). It does not include fair value information for financial assets and financial liabilities
not measured at fair value if the carrying amount is a reasonable approximation of fair value, such as cash and cash equivalents, restricted
cash, trade receivables,  trade payables and claims receivables.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/>

<p id="xdx_892_ecustom--DisclosureOfFairValuesExplanatory_zZIR36InR7kc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm">&#160;<span id="xdx_8BE_zzkkEd5Q7Whc">Fair
values - Fair value measurement</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"/>
    <td/>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b/></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif"/></td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value</b></span></td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 72%"><span style="font: 9pt Times New Roman, Times, Serif"><b>June&#160;30,
    2021</b></span></td>
    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"><span style="font: 10pt Times New Roman, Times, Serif"><b>Carrying
    amount</b></span></td>
    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></span></td>
    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></span></td>
    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
    3</b></span></td>
    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Other
    financial assets</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets measured at fair value</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zdrkNzEGxOZf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">111</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_z0D9EfGrbfo6" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">111</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember_zm9dZGUnWzs2" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">111</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_987_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember_zNVlHZeVaXph" style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b>111</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"/>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Other
    financial liabilities</b></span><b><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></b></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities measured at fair value</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_988_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zaa4B6osoUqb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">176</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zRMprNNdFOF9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">176&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_984_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zepCA2O8h6P9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">176&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zVozJPMlEjNd" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b>176</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zHHpmYyEmLXi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">34,250</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zM3gVrL7V29" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">34,430</span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zGYg3rQ5ATNg" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>34,430</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zPiYgrqvx4y1" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>34,250</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><i/></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b/></span></td>
    <td>&#160;</td>
    <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Fair value</b></span></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 0.5pt solid; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 9pt Times New Roman, Times, Serif"><b>December&#160;31,
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    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 7%"><span style="font: 10pt Times New Roman, Times, Serif"><b>Carrying
    amoun</b></span>t</td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Level 1</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Level 2</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Level 3</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Total</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td>&#160;</td>
    <td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_z0Say8ZnARbd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">37,000</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_z8eJbu9bxXne" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">37,961</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zWAAQfdIMJCf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>37,961</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zaVQAPkTPIAl" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>37,000</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"/>
<p id="xdx_8A0_zeH4keIX8RTc" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">	</p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>



<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b>12. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Fair values (continued)</b></p>
<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b>&#160;&#160;</b></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b>Measurement of fair values	</b></p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm">&#160;</p>

<p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b>Valuation techniques and
significant unobservable inputs</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">The following tables show
the valuation techniques used in measuring Level 1, Level 2 and Level 3 fair values, as well as the significant unobservable inputs used.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p id="xdx_89F_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zhcEifAmU0S8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span id="xdx_8BE_zPP6J0cXw9v1" style="display: none">Fair values -
Valuation techniques and significant unobservable inputs</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span style="display: none">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span style="display: none">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse">
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Financial instruments measured at fair value</span></b></span></td>
    <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Type</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Valuation Techniques</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Significant unobservable inputs</i></b></span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Derivative financial instruments:</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Interest Rate Swap </span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Discounted cash flow</span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">&#160;&#160;Discount rate</span></td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><b>&#160;</b></p>
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><b><span style="text-decoration: underline">Financial instruments not measured at fair value</span></b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Asset and liabilities not measured at fair value</span></b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Type</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Valuation Techniques</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Significant unobservable inputs</i></b></span></td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Discounted cash flow</span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Discount rate</span></td></tr>
  </table>
<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>

<p id="xdx_8AF_zyAZY7kpG3ig" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><b>Transfers between Level 1, 2 and 3</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm">There have been no transfers between
Level 1, Level 2 and Level 3 during the period.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><b>&#160;</b></p>

<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for fair value measurement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IFRS13_g91-99_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959676792">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Events after the reporting date<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract', window );"><strong>Disclosure of non-adjusting events after reporting period [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory', window );">Events after the reporting date</a></td>
<td class="text"><p id="xdx_806_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_z5F4vKjFgI38" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><b>13. &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<span id="xdx_82C_zmXdl2iXyCYk">Events after the
reporting date</span></b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><b>Consultancy Agreement</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On July 15, 2021, Globus
Maritime Limited entered into a consultancy agreement with Eolos Shipmanagement S.A., a  related party, for the
purpose of providing consultancy services to Eolos Shipmanagement S.A. For these services the Company receives a daily fee of $<span id="xdx_90B_ecustom--DailyFeeAndCommissionIncome_pip0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementSAMember_zUY6w1cE8Ch7" title="Daily fee of consultancy">1</span>. The
total income from these fees will be classified in the income statement component of the consolidated statement of comprehensive loss
under management &amp; consulting fee income.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><b>Rental Agreement</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On August 5, 2021, the
Company entered into a new rental agreement for 902 square metres of office space for its operations within a building owned by Cyberonica
S.A. (an affiliate of Globus&#8217;s chairman) at a monthly rate of Euro <span id="xdx_90E_ecustom--MonthlyRentalExpense_uEuro_c20210101__20210805__custom--RealEstateDescriptionTypeOfPropertyAxis__custom--NewOfficeBuildingMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NewRentalAgreementCyberonicaSAMember_zuuvcYYl9Oxj">26,000</span> (absolute amount) with a lease period ending August 4,
2024. The Company does not presently own any real estate.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 1cm"><b>Acquisition of new
vessels</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On July 20, 2021, the
Company took delivery of the m/v &#8220;Power Globe&#8221;, a <span id="xdx_90E_ecustom--VesselYearBuilt_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_z7F7HVIlh04e">2011</span>-built
<span id="xdx_902_ecustom--VesselType_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zKzKQGGveaNh">Kamsarmax
</span>dry bulk carrier, through its subsidiary, Talisman Maritime Limited, for a purchase price of $<span id="xdx_90F_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zjBIhDuxYXU5" title="Purchase price">16.2
</span>million financed with available cash. The m/v &#8220;Power Globe&#8221; was built at Universal Shipbuilding Corporation in Japan
and has a carrying capacity of <span id="xdx_903_ecustom--VesselCapacity_uPure_c20210101__20210720__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PowerGlobeMember_zxBoQMXrgmFh">80,655
</span>dwt.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">On September 22,
2021, the Company entered into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v &#8220;Peak
Liberty&#8221;, a <span id="xdx_90F_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zYBzOX1ON0F8">2015</span>-built <span id="xdx_90E_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z4nzjIQ5t4Gk">Kamsarmax </span>dry
bulk carrier, for a purchase price of $<span id="xdx_900_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zo4eUYYqH5A5">28.4 </span>million.
The m/v &#8220;Peak Liberty&#8221; was built at Tsuneishi Zosen in Japan and has a carrying capacity of <span id="xdx_907_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zruH98ELYbf9">81,837 </span>dwt.
The agreement is subject to customary closing conditions. Delivery of the vessel is expected during the <span id="xdx_904_ecustom--VesselDeliveryDate_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zmyF48Tjndqk" title="Expected delivery date">4th quarter of 2021</span>.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm">&#160;</p>

<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for events after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 10<br> -IssueDate 2021-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=10&amp;code=ifrs-tx-2021-en-r&amp;doctype=Standard&amp;dita_xref=IAS10_g17-22_TI<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959679240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies and recent accounting pronouncements (Policies)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract', window );"><strong>Disclosure of initial application of standards or interpretations [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory', window );">Interest Rate Benchmark Reform</a></td>
<td class="text"><p id="xdx_843_eifrs-full--DisclosureOfInformationAboutEffectOfInterestRateBenchmarkReformOnEntitysFinancialInstrumentsAndRiskManagementStrategyExplanatory_z3IpUfDfHUy5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"><span id="xdx_861_ztrMEVVtRKY">Interest Rate Benchmark Reform</span></span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"/></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="display: none"/></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"/><td style="width: 18pt"><span style="font: 9pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>Interest Rate Benchmark Reform &#8211; Phase 2 &#8211; IFRS 9, IAS 39,
IFRS 7, IFRS 4 and IFRS 16 (Amendments)</b></span></td></tr><tr style="vertical-align: top">
<td>&#160;</td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">In August 2020, the IASB published Interest Rate Benchmark Reform &#8211; Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, completing its work in response to IBOR reform. The amendments provide temporary reliefs which address the financial reporting effects when an interbank offered rate (IBOR) is replaced with an alternative nearly risk-free interest rate (RFR). In particular, the amendments provide for a practical expedient when accounting for changes in the basis for determining the contractual cash flows of financial assets and liabilities, to require the effective interest rate to be adjusted, equivalent to a movement in a market rate of interest. Also, the amendments introduce reliefs from discontinuing hedge relationships including a temporary relief from having to meet the separately identifiable requirement when an RFR instrument is designated as a hedge of a risk component. There are also amendments to IFRS 7 Financial Instruments: Disclosures to enable users of financial statements to understand the effect of interest rate benchmark reform on an entity&#8217;s financial instruments and risk management strategy. While application is retrospective, an entity is not required to restate prior periods. Management has assessed that these amendments had no impact on the Company&#8217;s financial position or performance.</td></tr>
                                                            </table>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"/>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfAdvancesForVesselsAcquisitionExplanatory', window );">Advances for vessels acquisition</a></td>
<td class="text"><p id="xdx_84F_ecustom--DisclosureOfAdvancesForVesselsAcquisitionExplanatory_z2gausFstQod" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_86B_zaBtQrgr97P2"><b>Advances
for vessels acquisition</b></span><b>: </b>Advances to sellers of second-hand vessels to be acquired are classified as
&#8220;Advances for vessels acquisition&#8221; until the date of delivery and acceptance of the vessel, at which date they are
reclassified to &#8220;Vessels, net&#8221;.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: justify"/>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory', window );">Interest Rate Swap</a></td>
<td class="text"><p id="xdx_846_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_zMYpNl3e1E02" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_86A_zoSCQXpnIY4d"><b>Interest
Rate Swap</b></span><b>: </b>The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest
rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that
are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant
observable inputs and minimising the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted
cash flow (see also note 12). The Company has not designated these interest rate swaps for hedge accounting.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The fair value of the Interest Rate Swaps
is classified under &#8220;Fair value of derivative financial instruments&#8221; either under assets or liabilities in the statement of
financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months,
is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify">The change in fair value deriving from
the valuation of the Interest Rate Swap at the end of each reporting period is classified under &#8220;Loss on derivative financial instruments&#8221;
in the statement of comprehensive loss. Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under
&#8220;Loss on derivative financial instruments&#8221; in the statement of comprehensive loss.</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<span></span>
</td>
</tr>
<tr class="re">
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<td class="text"><p id="xdx_845_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_zcD4F4cX6hNb" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span id="xdx_863_zxhrpY8AizLb"><b>Standards
issued but not yet effective and not early adopted</b></span><b>:</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><b>&#160;</b></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"/><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>IAS 1 Presentation of Financial Statements and IFRS Practice Statement
2: Disclosure of Accounting policies (Amendments):</b></span></td></tr><tr style="vertical-align: top">
<td>&#160;</td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif">The Amendments are effective
               for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance
               on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1
               replace the requirement to disclose &#8220;significant&#8221; accounting policies with a requirement to disclose &#8220;material&#8221;
               accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application
               of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing
               these amendments for possible impact on the Company&#8217;s disclosures.</span></td></tr>
                                                                       </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 18pt"/><td style="width: 18pt"><span style="font: 10pt Symbol">&#183;</span></td><td style="text-align: justify"><span style="font-size: 9pt"><b>IAS 8 Accounting policies, Changes in Accounting Estimates and Errors:
Definition of Accounting Estimates (Amendments):</b></span></td></tr><tr style="vertical-align: top">
<td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td><td colspan="2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font: 9pt Times New Roman, Times, Serif">The
                                            amendments become effective for annual reporting periods beginning on or after January 1,
                                            2023 with earlier application permitted and apply to changes in accounting policies and changes
                                            in accounting estimates that occur on or after the start of that period. The amendments introduce
                                            a new definition of accounting estimates, defined as monetary amounts in financial statements
                                            that are subject to measurement uncertainty. Also, the amendments clarify what changes in
                                            accounting estimates are and how these differ from changes in accounting policies and corrections
                                            of errors. Management is in process of assessing these amendments for possible impact on
                                            the Company&#8217;s financial position or performance.</span></td></tr></table>


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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932530568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of presentation and general information (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract', window );"><strong>Disclosure of subsidiaries [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory', window );">Basis of presentation and general information</a></td>
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  <tr style="vertical-align: middle">
    <td style="text-align: left">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zw9a1kbp0fI" style="text-align: center">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_488_ecustom--VesselDeliveryDate_d0_zSRD62vEq36e" style="text-align: center">&#160;</td>
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    <td style="text-align: left">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td>
    <td>&#160;</td>
    <td style="text-align: center">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="vertical-align: bottom; text-align: center">Marshall Islands</td>
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    <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0466">&#8212;</span></td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr id="xdx_416_20210101__20210630__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zThjrTJ2lHek" style="vertical-align: middle">
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="text-align: center">May 19, 2010</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"/>

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<tr style="vertical-align: top; text-align: left">
  <td style="width: 2%"><span id="xdx_F02_z3E29xhcA7Tg" style="font: 8pt Times New Roman, Times, Serif">(1)</span></td>
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<p style="margin-top: 0; margin-bottom: 0"/>

<p style="margin-top: 0; margin-bottom: 0"/>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B4<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B4_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959353656">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure for cash on hand and at banks.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932308264">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net (Tables)<br></strong></div></th>
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    <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znFE5r7vAthf" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"><span style="font-size: 9pt">1,904</span></td>
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    <td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zThAeQmJuVX9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions"><span style="font-size: 9pt">28,335</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Depreciation &amp; Amortization</span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zGJRSAmGw0la" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation &amp; Amortization"><span style="font-size: 9pt">(1,115)</span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zHFxi4oVett4" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>189,423</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ShipsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zJwNyR6gjGh" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>(105,529)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_988_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZ2MCvHkTznk" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>13,787</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98C_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zutZcE1NfO0j" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>(9,529)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--Ships_iE_pn3n3_c20210101__20210630__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zxHaAg2F40Jj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>88,152</b></span></td></tr>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure for the amounts of property, plant and equipment in the consolidated statement of financial position.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910743208">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Capital and Share Premium (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory', window );">Share Capital and Share Premium - Authorised share capital</a></td>
<td class="text"><p id="xdx_892_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zOF50HzMGl7b" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span id="xdx_8BE_zV9pnupKXXnd" style="display: none">Share
Capital and Share Premium - Authorised share capital</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>December 31,</b></span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2021</b></span></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Authorised share capital:</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zp0dpcrQCJk8" title="Number of shares authorised"><span id="xdx_903_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zLHRJX1k1rKl">500,000,000</span></span> Common Shares of par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0pX1h5KIjq2" title="Par value per share"><span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zczhWdRrRvVh">0.004</span></span> each</span></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90D_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zzLNM8NFBL92" title="Value of shares authorised">2,000</span></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><span id="xdx_90C_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zyJ44p4iAy8g" title="Value of shares authorised">2,000</span></span></td></tr>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total authorised share capital</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20210630_zwTkjI6pG3Y" title="Value of shares authorised">2,200</span></b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zwMHu0o71Cg3" title="Value of shares authorised">2,200</span></b></span></td></tr>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfCommonSharesExplanatory', window );">Share Capital and Share Premium - Common shares issued and fully paid</a></td>
<td class="text"><p id="xdx_89E_ecustom--DisclosureOfCommonSharesExplanatory_zJM6hIxGJp44" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span id="xdx_8BC_zZZwB3JUS8Wf" style="display: none">Share
Capital and Share Premium - Common shares issued and fully paid</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
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    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of shares </b></span></td>
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    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Issued Share Capital </b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>As of January 1, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_znO6L3EDZ2J" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>3,040,123</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zN1ucmRfpMW6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>12</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issued during the period for share based compensation (Note 9)</span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zAiWn0EQ5pO7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"><span style="font-size: 9pt">4,012</span></td>
    <td>&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Issuance of new common stocks</span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvG9Jn9hbNp7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">14,905,000</span></td>
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    <td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zxAAkv89gam4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">60</span></td></tr>
  <tr style="background-color: White">
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    <td>&#160;</td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zXANz0ZvjkBe" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 9pt">2,075,000</span></td>
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    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3UNzenwfQb3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 9pt">8</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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    <td>&#160;</td>
    <td id="xdx_983_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zGMdAr7OIkPd" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>20,024,135</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IssuedCapital_iE_pn3n3_c20210101__20210630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zQZYrzQx1tU5" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>80</b></span></td></tr>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

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  <tr>
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    <td style="width: 1%">&#160;</td>
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    <td style="width: 1%">&#160;</td>
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    <td>&#160;</td>
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    <td/>
    <td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeDi1gRcG0Xg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 9pt"><b>&#8212;</b></span></td></tr>
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    <td>&#160;</td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zZe1NFpBlQk5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the period for share based compensation (Note 9)"><span style="font-size: 9pt">217</span></td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuQJpSIVNSb5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 9pt">852,750</span></td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of common shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of classes of share capital. [Refer: Share capital [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss per Share (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933956280">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Debt, net (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition', window );">Long-Term Debt, net - Consolidated statement of financial position</a></td>
<td class="text"><p id="xdx_899_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_z0n22MPobT49" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span id="xdx_8B9_zs4QCNMp9qDg" style="display: none">Long-Term
Debt, net - Consolidated statement of financial position</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: White">
    <td style="vertical-align: top; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>&#160;</b></span></td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Borrower</b></p></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Loan Balance</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Unamortized Debt Discount</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Total Borrowings</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: -5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>(a)</b></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp; Serena Maritime Limited</span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zY6kbeWksyuh" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt">34,250</span></td>
    <td>&#160;</td>
    <td id="xdx_984_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zX8TfpCsRoJg" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 9pt">(523)</span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--Borrowings_iI_pn3n3_c20210630__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zK1hZTWzF2Tj" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 9pt">33,727</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total at June 30, 2021</b></span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630_zRl5m0CEnEH1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt"><b>34,250</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z7VZ6ibY8e9i" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 9pt"><b>(523)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_986_eifrs-full--Borrowings_iI_pn3n3_c20210630_zoZWO1l0eKAl" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 9pt"><b>33,727</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Less: Current Portion</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20210630_zMaQJkLs55Jd" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 9pt"><b>(5,000)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98F_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_z3kn3KEOTblg" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 9pt"><b>145</b></span></td>
    <td>&#160;</td>
    <td id="xdx_985_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20210630_zzZvsxEiPwP8" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 9pt"><b>(4,855)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Long-Term Portion</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20210630_zcyUgpx4JFkh" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 9pt"><b>29,250</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98F_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20210630_zoXoHSzPUzp6" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 9pt"><b>(378)</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn3n3_c20210630_z2jimyF2YNGc" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 9pt"><b>28,872</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Total at December 31, 2020</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_c20201231_zIuyN9nzRtx" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt"><b>37,000</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98B_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zOSSWi4SsZM7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 9pt"><b>(448)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--Borrowings_iI_pn3n3_c20201231_zxVKHfyezFc1" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 9pt"><b>36,552</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Less: Current Portion</b></span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20201231_zysp0qUU5fx5" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 9pt"><b>(5,970)</b></span></td>
    <td>&#160;</td>
    <td id="xdx_98E_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zD60gE8whrzc" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 9pt"><b>305</b></span></td>
    <td>&#160;</td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20201231_z5QIwlgDaPK9" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 9pt"><b>(5,665)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Long-Term Portion</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_981_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20201231_zufScbXfpuMf" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 9pt"><b>31,030</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20201231_zcolIRkaRVch" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 9pt"><b>(143)</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn3n3_c20201231_zGBdLoIRpZ55" style="border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 9pt"><b>30,887</b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments', window );">Long-Term Debt, net - Annual loan principal payments</a></td>
<td class="text"><p id="xdx_89D_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zfdwSxpsQhie" style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 21.25pt; display: none; text-align: justify; text-indent: 0cm">&#160;Long-Term Debt, net - Annual loan principal payments</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: White">
    <td style="border-bottom: Black 0.5pt solid; width: 89%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>June 30,</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>CiT
    Bank N.A.</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">2022</span></td>
    <td>&#160;</td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_ztMvt3rf21i3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt">5,000</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">2023</span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zqd0E0uMw6Td" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 9pt">5,000</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2024</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanThreeYearAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zVV965zjUPA3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font: 10pt Times New Roman, Times, Serif">5,000</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2025</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFourYearAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zNJETPGsSWrl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">5,000</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">2026</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__custom--LaterThanFiveYearAndNotLaterThanSixYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_z52q9172dckj" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">14,250</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_98F_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--BorrowingsByNameAxis__custom--CiTBankNALoanFacilityMember_zGnklqLR1E11" style="border-bottom: Black 2.5pt double; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>34,250</b></span></td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"/>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure for the amounts of long-term debt in the consolidated statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfLongTermDebtAnnualPrincipalPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of annual loan principal payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<head>
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<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959697400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Based Payment (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfShareBasedPayment', window );">Share Based Payment</a></td>
<td class="text"><p id="xdx_897_ecustom--DisclosureOfShareBasedPayment_zd6qzxYEgWlb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;<span id="xdx_8B9_z45Csg7wFD6i" style="display: none">Share Based Payment</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 56%"><span style="font-size: 9pt"><b>Period from January 1 to June 30, 2021</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Number of common shares</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Number of preferred shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Issued share Capital</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><span style="font-size: 9pt"><b>Share premium</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
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    <td>&#160;</td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zAnnlJAbpx4b" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">4,012</span></td>
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    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zJvzmo1MWay3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">20</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total at June 30, 2021</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20210630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zZqaWSZ1eXeh" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>4,012</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20210630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zPYJQLpo9r38" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>20</b></span></td></tr>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="border-bottom: Black 0.5pt solid; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt"><b>Period from January 1 to June 30, 2020</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of common shares</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Number of preferred shares </b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Issued share Capital</b></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Share premium</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: White">
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    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_znUcxPlR8mnk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">217</span></td>
    <td>&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_fKg_____zfT9VbgZJgc7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">10<sup id="xdx_F4D_zSaQF5HVJl2j">*</sup></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Total at June 30, 2020</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20200630__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfOrdinarySharesMember_zdY4OkDS7Mtj" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>217</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>&#8212;</b></span></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20200630__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_fKg_____zaRnqw68Dzja" style="border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>10<sup id="xdx_F44_zskVD0F2BJ6h">*</sup></b></span></td></tr>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td id="xdx_F08_zUiELBe4vHk" style="width: 1%; text-align: left">*</td><td id="xdx_F1B_zUBQSt1vat2a" style="text-align: justify; width: 99%">The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.</td>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/>

<span></span>
</td>
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<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of share based payment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DisclosureOfShareBasedPayment</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract</td>
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<TEXT>
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<head>
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959705688">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorAbstract', window );"><strong>Commitments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory', window );">Commitments - Future minimum lease revenues receivable under non-cancellable operating leases</a></td>
<td class="text"><p id="xdx_89E_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zKgmdOYT8yC2" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -20pt; text-align: left"><span id="xdx_8BE_z1Fl3wBOpDG8" style="display: none">Commitments - Future
minimum lease revenues receivable under non-cancellable operating leases</span></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-left: 5.4pt; text-align: right; font-size: 11pt; text-indent: -0.05pt"><span style="font-size: 9pt"><b>June
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    <td style="width: 1%">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 9pt"><b>December 31, 2020</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="vertical-align: middle; padding-left: 9.45pt; text-align: left; font-size: 11pt; text-indent: -9.45pt"><span style="font-size: 9pt">Within one year</span></td>
    <td id="xdx_98B_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20210630__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNbgdZv3WtJ7" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt" title="Total"><span style="font-size: 9pt">8,323</span></td>
    <td>&#160;</td>
    <td id="xdx_98D_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zqUASvmLT8d4" style="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right; font-size: 11pt; text-indent: 0cm" title="Total"><span style="font-size: 9pt">3,078</span></td></tr>
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    <td id="xdx_982_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20201231_zlriJD4TUNNd" style="border-bottom: Black 2.5pt double; padding-left: 0pt; vertical-align: middle; padding-right: 0pt; font-size: 11pt; text-indent: 20pt; text-align: right" title="Total"><span style="font-size: 9pt"><b>3,078</b></span></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of future minimum lease revenues receivable under non-cancellable operating leases.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933740296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair values (Tables)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract', window );"><strong>Disclosure of fair value measurement of assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfFairValuesExplanatory', window );">Fair values - Fair value measurement</a></td>
<td class="text"><p id="xdx_892_ecustom--DisclosureOfFairValuesExplanatory_zZIR36InR7kc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; display: none; text-align: justify; text-indent: 0cm">&#160;<span id="xdx_8BE_zzkkEd5Q7Whc">Fair
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<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
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    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: Black 0.5pt solid; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
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    assets measured at fair value</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Derivative
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    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zdrkNzEGxOZf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">111</span></td>
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    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_z0D9EfGrbfo6" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">111</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueMember_zm9dZGUnWzs2" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">111</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_987_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialAssetsAtFairValueMember_zNVlHZeVaXph" style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b>111</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&#160;</td>
    <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"/>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Other
    financial liabilities</b></span><b><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></b></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities measured at fair value</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_988_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zaa4B6osoUqb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif">176</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zRMprNNdFOF9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">176&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#8212;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_984_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zepCA2O8h6P9" style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">176&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20210630__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueMember_zVozJPMlEjNd" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font: 10pt Times New Roman, Times, Serif"><b>176</b></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td>&#160;</td>
    <td id="xdx_981_ecustom--BorrowingsGross_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zHHpmYyEmLXi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">34,250</span></td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
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  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn3n3_c20210630__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zPiYgrqvx4y1" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>34,250</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 10pt Times New Roman, Times, Serif"><i/></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b/></span></td>
    <td>&#160;</td>
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  <tr style="background-color: White">
    <td style="border-bottom: Black 0.5pt solid; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font: 9pt Times New Roman, Times, Serif"><b>December&#160;31,
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    <td style="width: 1%">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td>
    <td>&#160;</td>
    <td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_z0Say8ZnARbd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">37,000</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_z8eJbu9bxXne" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">37,961</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">&#8212;</span></td>
    <td>&#160;</td>
    <td id="xdx_982_ecustom--BorrowingsGross_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zWAAQfdIMJCf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>37,961</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn3n3_c20201231__ifrs-full--MeasurementAxis__ifrs-full--NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember_zaVQAPkTPIAl" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>37,000</b></span></td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  </table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"/>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfValuationTechniquesAndSignificantUnobservableInputs', window );">Fair values - Valuation techniques and significant unobservable inputs</a></td>
<td class="text"><p id="xdx_89F_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zhcEifAmU0S8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span id="xdx_8BE_zPP6J0cXw9v1" style="display: none">Fair values -
Valuation techniques and significant unobservable inputs</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span style="display: none">&#160;</span></p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -20pt"><span style="display: none">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse">
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Financial instruments measured at fair value</span></b></span></td>
    <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Type</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Significant unobservable inputs</i></b></span></td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
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    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Interest Rate Swap </span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><b>&#160;</b></p>
    <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><b><span style="text-decoration: underline">Financial instruments not measured at fair value</span></b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Asset and liabilities not measured at fair value</span></b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Type</i></b></span></td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
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    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-bottom: Black 0.5pt solid; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b><i>Significant unobservable inputs</i></b></span></td></tr>
  <tr>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933762200">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of presentation and general information (Details)<br></strong></div></th>
<th class="th" colspan="2">6 Months Ended</th>
</tr>
<tr><th class="th" colspan="2"><div>Jun. 30, 2021</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_GlobusShipmanagementCorpMember', window );">Globus Shipmanagement Corp. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">Management Co.<span></span>
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<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_DevoceanMaritimeLtdMember', window );">Devocean Maritime Ltd. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">December 18, 2007<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v River Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_DominaMaritimeLtdMember', window );">Domina Maritime Ltd. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">May 19, 2010<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v Sky Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_DulacMaritimeSAMember', window );">Dulac Maritime S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">May 25, 2010<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v Star Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_ArtfulShipholdingSAMember', window );">Artful Shipholding S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">June 22, 2011<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v Moon Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_LongevityMaritimeLimitedMember', window );">Longevity Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Malta<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">September 15, 2011<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v Sun Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_SerenaMaritimeLimitedMember', window );">Serena Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">October 29, 2020<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v Galaxy Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_TalismanMaritimeLimitedMember', window );">Talisman Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_ArgoMaritimeLimitedMember', window );">Argo Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">June 9, 2021<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text">m/v Diamond Globe<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_CalypsoShipholdingSAMember', window );">Calypso Shipholding S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall
    Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_DaxosMaritimeLimitedMember', window );">Daxos Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall
    Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_OlympiaShipholdingSAMember', window );">Olympia Shipholding S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall
    Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_ParalusShipholdingSAMember', window );">Paralus Shipholding S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall
    Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
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<td class="fn" style="border-bottom: 0px;"></td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_SalaminiaMaritimeLimitedMember', window );">Salaminia Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary', window );">Country of incorporation of subsidiary</a></td>
<td class="text">Marshall
    Islands<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NameOfSubsidiary', window );">Name of subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">On
  July 20, 2021, the Company took delivery of the m/v &#8220;Power Globe&#8221;, a 2011-built Kamsarmax dry bulk carrier, through its
  subsidiary, Talisman Maritime Limited.</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The date of the vessel delivery to the Company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The country in which a subsidiary of the entity is incorporated. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 19B<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19B_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The name of a subsidiary. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_b_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_12_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph 19B<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19B_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_DulacMaritimeSAMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
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<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_ArtfulShipholdingSAMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_LongevityMaritimeLimitedMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_SerenaMaritimeLimitedMember</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_TalismanMaritimeLimitedMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_ArgoMaritimeLimitedMember</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_CalypsoShipholdingSAMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_DaxosMaritimeLimitedMember</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_OlympiaShipholdingSAMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_ParalusShipholdingSAMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=glbs_SalaminiaMaritimeLimitedMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933949096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of presentation and general information (Details Narrative) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract', window );"><strong>Disclosure of subsidiaries [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DomicileOfEntity', window );">Domicile of entity</a></td>
<td class="text">Marshall Islands<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Description of nature of entity's operations and principal activities</a></td>
<td class="text">The principal business of the Company is
the ownership and operation of a fleet of dry bulk motor vessels (&#8220;m/v&#8221;), providing maritime services for the transportation
of dry cargo products on a worldwide basis.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport', window );">Description of compliance with IFRS financial report</a></td>
<td class="text">IAS
34<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsLiabilities', window );">Working capital surplus</a></td>
<td class="nump">$ 66,000,000<span></span>
</td>
<td class="nump">$ 9,200,000<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets less the amount of current liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsLiabilities</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the compliance of the entity's interim financial report with IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 34<br> -IssueDate 2021-01-01<br> -Paragraph 19<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=34&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_19&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfComplianceWithIFRSsIfAppliedForInterimFinancialReport</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the nature of the entity's operations and principal activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 138<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_138_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The country of domicile of the entity. [Refer: Country of domicile [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 138<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_138_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DomicileOfEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>42
<FILENAME>R31.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933589992">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and cash equivalents and Restricted cash (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Cash and cash equivalents [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashOnHand', window );">Cash on hand</a></td>
<td class="nump">$ 36<span></span>
</td>
<td class="nump">$ 13<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BalancesWithBanks', window );">Cash at banks</a></td>
<td class="nump">74,734<span></span>
</td>
<td class="nump">19,024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Total</a></td>
<td class="nump">$ 74,770<span></span>
</td>
<td class="nump">$ 19,037<span></span>
</td>
<td class="nump">$ 18,227<span></span>
</td>
<td class="nump">$ 2,366<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BalancesWithBanks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash balances held at banks.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BalancesWithBanks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashOnHand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash held by the entity. This does not include demand deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashOnHand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>43
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933547624">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and cash equivalents and Restricted cash (Details Narrative) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Cash and cash equivalents [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RestrictedCashAndCashEquivalents', window );">Restricted cash and cash equivalents</a></td>
<td class="nump">$ 3,741<span></span>
</td>
<td class="nump">$ 2,066<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents', window );">Current restricted cash and cash equivalents</a></td>
<td class="nump">275<span></span>
</td>
<td class="nump">816<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents', window );">Non-current restricted cash and cash equivalents</a></td>
<td class="nump">$ 3,466<span></span>
</td>
<td class="nump">$ 1,250<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents whose use or withdrawal is restricted. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933359176">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Transactions with Related Parties (Details Narrative) - USD ($)<br> $ / shares in Units, $ in Thousands</strong></div></th>
<th class="th" colspan="1">2 Months Ended</th>
<th class="th" colspan="1">6 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 02, 2021</div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VotingRights', window );">Voting Rights</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Holders of the Company&#8217;s
common shares and Class B shares have equivalent economic rights, but holders of Company&#8217;s common shares are entitled to one vote
per share and holders of the Company&#8217;s Class B shares are entitled to twenty votes per share. Each holder of Class B shares may
convert, at its option, any or all of the Class B shares held by such holder into an equal number of common shares.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember', window );">Preference shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember', window );">Preference shares [member] | Goldenmare Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding</a></td>
<td class="nump">10,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IssueOfPreferredShares', window );">Issuance of Class B preferred shares</a></td>
<td class="nump">$ 130<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VotingRights', window );">Voting Rights</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">As of June 30, 2021, Goldenmare Limited
owns 10,300 of the Company&#8217;s Series B preferred shares. Each Series B preferred share has 25,000 votes, provided that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the
total number of votes eligible to be cast on any matter submitted to a vote of shareholders.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates', window );">Number of shares in entity held by entity or by its subsidiaries or associates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IssueOfPreferredShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of preferred shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IssueOfPreferredShares</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VotingRights">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of voting rights of common stock. Includes eligibility to vote and votes per share owned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VotingRights</td>
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<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of shares outstanding. [Refer: Number of shares outstanding]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares in the entity held by the entity or by its subsidiaries or associates. [Refer: Associates [member]; Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_vi&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_AffiliatedCompanyOfCompanysCEOMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_AffiliatedCompanyOfCompanysCEOMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div>
</body>
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<head>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932398744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net - Consolidated statement of financial position (Details)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">6 Months Ended</th>
</tr>
<tr><th class="th">
<div>Jun. 30, 2021 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">$ 62,350<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">88,152<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=glbs_CarryingAmountIMember', window );">Carrying Amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">62,350<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">28,335<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation &amp; Amortization</a></td>
<td class="num">(2,533)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">88,152<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ShipsMember', window );">Ships [member] | Gross carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">162,992<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">26,431<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">189,423<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ShipsMember', window );">Ships [member] | Accumulated depreciation, amortisation and impairment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance</a></td>
<td class="num">(104,111)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation &amp; Amortization</a></td>
<td class="num">(1,418)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance</a></td>
<td class="num">(105,529)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_DryDockingMember', window );">Dry Docking [member] | Gross carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">11,883<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">1,904<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Ships', window );">Balance</a></td>
<td class="nump">13,787<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_DryDockingMember', window );">Dry Docking [member] | Accumulated depreciation, amortisation and impairment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance</a></td>
<td class="num">(8,414)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation &amp; Amortization</a></td>
<td class="num">(1,115)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_AccumulatedDepreciationPropertyPlantAndEquipment', window );">Balance</a></td>
<td class="num">$ (9,529)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_AccumulatedDepreciationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated depreciation for physical assets used in the normal conduct of business to produce goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_AccumulatedDepreciationPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 23<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_23_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2021-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 104<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Ships">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment representing seafaring or other maritime vessels used in the entity's operations. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 37<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_37_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Ships</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ShipsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember</td>
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<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
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<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_DryDockingMember</td>
</tr>
<tr>
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<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910573480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Vessels, net (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">2 Months Ended</th>
<th class="th" colspan="1">3 Months Ended</th>
<th class="th" colspan="2">6 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Feb. 18, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Mar. 19, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2020 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 27,000,000<span></span>
</td>
<td class="nump">$ (0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities', window );">Cash advances and loans made to other parties, classified as investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,631,000<span></span>
</td>
<td class="nump">(0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 4,615,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_NordVenusMember', window );">Nord Venus [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselYearBuilt', window );">Vessel year built</a></td>
<td class="text">2011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselType', window );">Vessel type</a></td>
<td class="text">Kamsarmax<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselCapacity', window );">Vessel Capacity</a></td>
<td class="nump">80,655<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities', window );">Cash advances and loans made to other parties, classified as investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,620,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_PercentatgeOfPurchasePrice', window );">Percentatge of purchase price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">July
20, 2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_NordVenusMember', window );">Nord Venus [member] | Delivery date up to May 31, 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="nump">$ 16,500,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_NordVenusMember', window );">Nord Venus [member] | Delivery date between June 1, 2021 and August 15, 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="nump">$ 16,200,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_Yangze11Member', window );">Yangze 11 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselYearBuilt', window );">Vessel year built</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2018<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselType', window );">Vessel type</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Kamsarmax<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 27,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselCapacity', window );">Vessel Capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">82,027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Vessel Delivery Date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">June
9, 2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Vessel cost</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 26,400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DryDockingCostCapitalised', window );">Dry-docking cost</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 600,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DryDockingCostCapitalised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dry-docking cost capitalised on the asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DryDockingCostCapitalised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_PercentatgeOfPurchasePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of the purchase price for the acquisition of property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_PercentatgeOfPurchasePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The vessel's capacity in deadweight tonnage ("dwt").</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselDeliveryDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The date of the vessel delivery to the Company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselDeliveryDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of vessel.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselYearBuilt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The year that the vessel was built.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselYearBuilt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash advances and loans made to other parties (other than advances and loans made by a financial institution), classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 16<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_16_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 39<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss recognised in profit or loss for property, plant and equipment. [Refer: Impairment loss recognised in profit or loss; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_73_e_v&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 98<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_98_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_NordVenusMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_NordVenusMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
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</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=glbs_DeliveryDateMayMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=glbs_DeliveryDateMayMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=glbs_DeliveryDateAugustMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=glbs_DeliveryDateAugustMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_Yangze11Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933098408">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Share Capital and Share Premium - Authorised share capital (Details) - USD ($)<br> $ / shares in Units, $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ValueOfSharesAuthorised', window );">Value of shares authorised</a></td>
<td class="nump">$ 2,200<span></span>
</td>
<td class="nump">$ 2,200<span></span>
</td>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember', window );">Ordinary shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorised</a></td>
<td class="nump">500,000,000<span></span>
</td>
<td class="nump">500,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ValueOfSharesAuthorised', window );">Value of shares authorised</a></td>
<td class="nump">$ 2,000<span></span>
</td>
<td class="nump">$ 2,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=glbs_ClassBCommonSharesMember', window );">Class B Common Shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorised</a></td>
<td class="nump">100,000,000<span></span>
</td>
<td class="nump">100,000,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ValueOfSharesAuthorised', window );">Value of shares authorised</a></td>
<td class="nump">$ 100<span></span>
</td>
<td class="nump">$ 100<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember', window );">Preference shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorised</a></td>
<td class="nump">100,000,000<span></span>
</td>
<td class="nump">100,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share</a></td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ValueOfSharesAuthorised', window );">Value of shares authorised</a></td>
<td class="nump">$ 100<span></span>
</td>
<td class="nump">$ 100<span></span>
</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value of shares authorised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_ValueOfSharesAuthorised</td>
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<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
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<td>instant</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesAuthorised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares authorised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesAuthorised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=glbs_ClassBCommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=glbs_ClassBCommonSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>48
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933490152">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Capital and Share Premium - Common shares issued and fully paid (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">6 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Balance</a></td>
<td class="nump">$ 12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Balance</a></td>
<td class="nump">$ 80<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember', window );">Ordinary shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Balance</a></td>
<td class="nump">3,040,123<span></span>
</td>
<td class="nump">52,235<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions', window );">Issued during the period for share based compensation (Note 9)</a></td>
<td class="nump">4,012<span></span>
</td>
<td class="nump">217<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments', window );">Issuance of common stocks due conversion of loan (Note 8)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,678<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity', window );">Issuance of new common stocks</a></td>
<td class="nump">14,905,000<span></span>
</td>
<td class="nump">852,750<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity', window );">Issuance of common stock due to exercise of pre-funded warrants</a></td>
<td class="nump">2,075,000<span></span>
</td>
<td class="nump">5,550<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid', window );">Balance</a></td>
<td class="nump">20,024,135<span></span>
</td>
<td class="nump">922,430<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_IssuedCapitalMember', window );">Issued capital [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Balance</a></td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Issuance of new common stocks</a></td>
<td class="nump">60<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity', window );">Issuance of common stock due to exercise of pre-funded warrants</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Balance</a></td>
<td class="nump">$ 80<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of ordinary shares issued through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of ordinary shares resulting from the conversion of convertible instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of ordinary shares resulting from the exercise of pre-funded warrants</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of ordinary shares issued resulting from share-based payment transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the exercise of warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssuedAndFullyPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity, for which full payment has been received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_ii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssuedAndFullyPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_IssuedCapitalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_IssuedCapitalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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</html>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R38.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657902508120">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Capital and Share Premium (Details Narrative) - USD ($)<br> $ / shares in Units, $ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2">1 Months Ended</th>
<th class="th" colspan="1">2 Months Ended</th>
<th class="th" colspan="1">4 Months Ended</th>
<th class="th" colspan="1">5 Months Ended</th>
<th class="th" colspan="2">6 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jan. 13, 2021</div></th>
<th class="th"><div>Feb. 12, 2021</div></th>
<th class="th"><div>Jan. 27, 2021</div></th>
<th class="th"><div>Mar. 02, 2021</div></th>
<th class="th"><div>Jun. 25, 2021</div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VotingRights', window );">Voting Rights</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Holders of the Company&#8217;s
common shares and Class B shares have equivalent economic rights, but holders of Company&#8217;s common shares are entitled to one vote
per share and holders of the Company&#8217;s Class B shares are entitled to twenty votes per share. Each holder of Class B shares may
convert, at its option, any or all of the Class B shares held by such holder into an equal number of common shares.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SharePremium', window );">Share premium</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 284,383<span></span>
</td>
<td class="nump">$ 284,383<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 195,102<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromIssuingShares', window );">Proceeds from issuing shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 89,580<span></span>
</td>
<td class="nump">$ 24,207<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_PreFundedWarrantsMember', window );">Pre-funded warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity', window );">Issuance of common stock due to exercise of warrants</a></td>
<td class="nump">130,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_ClassAWarrantsMember', window );">Class A Warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity', window );">Issuance of common stock due to exercise of warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,550<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">388,700<span></span>
</td>
<td class="nump">388,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfWarrantsOutstanding', window );">Number of outstanding warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">388,700<span></span>
</td>
<td class="nump">388,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_PPWarrantsMember', window );">PP Warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,291,833<span></span>
</td>
<td class="nump">1,291,833<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfWarrantsOutstanding', window );">Number of outstanding warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,291,833<span></span>
</td>
<td class="nump">1,291,833<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember', window );">Institutional investors [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,850,000<span></span>
</td>
<td class="nump">2,155,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,900,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromIssuingShares', window );">Proceeds from issuing shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 27,891<span></span>
</td>
<td class="nump">$ 15,108<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 46,581<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareIssueRelatedCost', window );">Share issue related cost</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 152<span></span>
</td>
<td class="nump">$ 120<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 129<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember', window );">Institutional investors [member] | Pre-funded warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">950,000<span></span>
</td>
<td class="nump">445,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,100,000<span></span>
</td>
<td class="nump">550,000<span></span>
</td>
<td class="nump">550,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromIssuingShares', window );">Proceeds from issuing shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
<td class="nump">$ 5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember', window );">Institutional investors [member] | Pre-funded warrants [member] | Subsequent pre-funded warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">550,000<span></span>
</td>
<td class="nump">550,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember', window );">Institutional investors [member] | January 2021 Warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,950,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6.25<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember', window );">Institutional investors [member] | February 2021 Warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,800,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6.25<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember', window );">Institutional investors [member] | June 2021 Warrants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfSharesCalledByWarrants', window );">Number of shares called by warrants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding share options</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5.00<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember', window );">Preference shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,300<span></span>
</td>
<td class="nump">10,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember', window );">Preference shares [member] | Goldenmare Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VotingRights', window );">Voting Rights</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">As of June 30, 2021, Goldenmare Limited
owns 10,300 of the Company&#8217;s Series B preferred shares. Each Series B preferred share has 25,000 votes, provided that no holder
of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting
power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the
total number of votes eligible to be cast on any matter submitted to a vote of shareholders.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Increase (decrease) in number of shares outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_IssueOfPreferredShares', window );">Issuance of preferred shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 130<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=glbs_ClassBCommonSharesMember', window );">Class B Common Shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.001<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of ordinary shares resulting from the exercise of warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_IssueOfPreferredShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of preferred shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_IssueOfPreferredShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_NumberOfSharesCalledByWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares into which the warrants may be converted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_NumberOfSharesCalledByWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_NumberOfWarrantsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of outstanding warrants that permit the holder the right to purchase equity securities from the issuer at a specified price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_NumberOfWarrantsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VotingRights">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of voting rights of common stock. Includes eligibility to vote and votes per share owned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VotingRights</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exercise price of outstanding share options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExercisePriceOfOutstandingShareOptions2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of shares outstanding. [Refer: Number of shares outstanding]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromIssuingShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from issuing shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromIssuingShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareIssueRelatedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost related to the issuance of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareIssueRelatedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SharePremium">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount received or receivable from the issuance of the entity's shares in excess of nominal value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SharePremium</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_PreFundedWarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_PreFundedWarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_ClassAWarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_ClassAWarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_PPWarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_PPWarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_InstitutionalInvestorsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=glbs_SubsequentPreFundedWarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=glbs_SubsequentPreFundedWarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_January2021WarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_January2021WarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_February2021WarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_February2021WarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_June2021WarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=glbs_June2021WarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_AffiliatedCompanyOfCompanysCEOMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_AffiliatedCompanyOfCompanysCEOMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=glbs_ClassBCommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=glbs_ClassBCommonSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<SEQUENCE>50
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910568360">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss per Share (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">6 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Earnings per share [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Loss attributable to common equity holders</a></td>
<td class="num">$ (789)<span></span>
</td>
<td class="num">$ (13,199)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average number of shares for basic and diluted LPS</a></td>
<td class="nump">9,001,704<span></span>
</td>
<td class="nump">83,354<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2021-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<FILENAME>R40.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933528344">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Long-Term Debt, net - Consolidated statement of financial position (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">$ 34,250<span></span>
</td>
<td class="nump">$ 37,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentUnamortisedDiscount', window );">Unamortized Debt Discount</a></td>
<td class="num">(523)<span></span>
</td>
<td class="num">(448)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total Borrowings</a></td>
<td class="nump">33,727<span></span>
</td>
<td class="nump">36,552<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_CurrentPortionOfLongTermBorrowingsGross', window );">Loan Balance - Current Portion</a></td>
<td class="num">(5,000)<span></span>
</td>
<td class="num">(5,970)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount', window );">Unamortized Debt Discount- Current Portion</a></td>
<td class="nump">145<span></span>
</td>
<td class="nump">305<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Total Borrowings - Current Portion</a></td>
<td class="num">(4,855)<span></span>
</td>
<td class="num">(5,665)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_LongTermBorrowingsGross', window );">Loan Balance - Long-Term Portion</a></td>
<td class="nump">29,250<span></span>
</td>
<td class="nump">31,030<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_LongTermDebtInstrumentUnamortisedDiscount', window );">Unamortized Debt Discount - Long-Term Portion</a></td>
<td class="num">(378)<span></span>
</td>
<td class="num">(143)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Total Borrowings - Long-Term Portion</a></td>
<td class="nump">28,872<span></span>
</td>
<td class="nump">$ 30,887<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember', window );">Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited &amp; Serena Maritime Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentUnamortisedDiscount', window );">Unamortized Debt Discount</a></td>
<td class="num">(523)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total Borrowings</a></td>
<td class="nump">$ 33,727<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BorrowingsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_BorrowingsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current portion of debt discount, after accumulated amortization.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_CurrentPortionOfDebtInstrumentUnamortisedDiscount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_CurrentPortionOfLongTermBorrowingsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current portion of  long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_CurrentPortionOfLongTermBorrowingsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DebtInstrumentUnamortisedDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after accumulated amortization, of debt discount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DebtInstrumentUnamortisedDiscount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_LongTermBorrowingsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_LongTermBorrowingsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_LongTermDebtInstrumentUnamortisedDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of debt discount, after accumulated amortization.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_LongTermDebtInstrumentUnamortisedDiscount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPortionOfLongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPortionOfLongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932291784">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Long-Term Debt, net - Annual loan principal payments (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">$ 34,250<span></span>
</td>
<td class="nump">$ 37,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=glbs_CiTBankNALoanFacilityMember', window );">CiT Bank N.A. loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | CiT Bank N.A. loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">5,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember', window );">Later than two year and not later than three years [member] | CiT Bank N.A. loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">5,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember', window );">Later than three year and not later than four years [member] | CiT Bank N.A. loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">5,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember', window );">Later than four year and not later than five years [member] | CiT Bank N.A. loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">5,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember', window );">Later than five year and not later than six years [member] | CiT Bank N.A. loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Loan Balance</a></td>
<td class="nump">$ 14,250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BorrowingsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_BorrowingsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=glbs_CiTBankNALoanFacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=glbs_LaterThanTwoYearAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=glbs_LaterThanThreeYearAndNotLaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=glbs_LaterThanFourYearAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=glbs_LaterThanFiveYearAndNotLaterThanSixYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>R42.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657905203800">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Debt, net (Details Narrative) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">2 Months Ended</th>
<th class="th" colspan="1">3 Months Ended</th>
<th class="th" colspan="1">4 Months Ended</th>
<th class="th" colspan="1">5 Months Ended</th>
<th class="th" colspan="4">6 Months Ended</th>
<th class="th" colspan="1">7 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 13, 2019</div></th>
<th class="th"><div>Mar. 31, 2021</div></th>
<th class="th"><div>May 10, 2021</div></th>
<th class="th"><div>May 31, 2021</div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
<th class="th"><div>Jun. 25, 2020</div></th>
<th class="th"><div>Jun. 30, 2019</div></th>
<th class="th"><div>Jul. 27, 2020</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentPrepaymentAmount', window );">Prepayment of long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 35,507,000<span></span>
</td>
<td class="nump">$ 2,240,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">74,770,000<span></span>
</td>
<td class="nump">18,227,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 19,037,000<span></span>
</td>
<td class="nump">$ 2,366,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,250,000<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Long -term borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,250,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 37,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">Gains (losses) on change in fair value of derivatives</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 65,000<span></span>
</td>
<td class="nump">1,868,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_FirmentShippingIncMember', window );">Firment Shipping Inc [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfCurrentBorrowings', window );">Repayments of current borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 863,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Firment Shipping Inc [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_ProportionOfOwnershipInterestsHeldByControllingParty', window );">Percentage of ownership in Globus Maritime Ltd.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=glbs_CiTLloanFacilityMember', window );">CiT loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 34,250,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">LIBOR<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Borrowings, adjustment to interest rate basis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.75%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_NumberOfLoanTranches', window );">Number of loan tranches</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=glbs_CiTLloanFacilityMember', window );">CiT loan facility [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 150,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=glbs_EnTrustLoanFacilityMember', window );">EnTrust loan facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 37,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Borrowings, interest rate basis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">LIBOR<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis', window );">Borrowings, adjustment to interest rate basis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentPrepaymentAmount', window );">Prepayment of long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6,000,000<span></span>
</td>
<td class="nump">$ 34,250,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsDefaultInterestRate', window );">Borrowings Default Interest Rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=glbs_AmendedAndRestatedAgreementMember', window );">Amended And Restated Agreement [Member] | Firment Shipping Inc [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UndrawnBorrowingFacilities', window );">Undrawn borrowing facilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 14,200,000<span></span>
</td>
<td class="nump">$ 14,200,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Borrowings, maturity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">October
31, 2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=glbs_ConvertibleNoteMember', window );">Convertible Note [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotesAndDebenturesIssued', window );">Notes issued</a></td>
<td class="nump">$ 5,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentConvertibleConversionPrice', window );">Debt Instrument Convertible Conversion Price</a></td>
<td class="nump">$ 0.004<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument, Interest Rate, Stated Percentage</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from borrowings</a></td>
<td class="nump">$ 5,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Long -term borrowings</a></td>
<td class="nump">1,783,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Non-current derivative financial liabilities</a></td>
<td class="nump">$ 3,217,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBondsNotesAndDebentures', window );">Repayments of bonds, notes and debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,528,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">Gains (losses) on change in fair value of derivatives</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,343,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BorrowingsDefaultInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The default interest per annum above the regular interest charged, in case of failure to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_BorrowingsDefaultInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BorrowingsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_BorrowingsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DebtInstrumentConvertibleConversionPrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The price per share of the conversion feature embedded in the debt instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DebtInstrumentConvertibleConversionPrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DebtInstrumentInterestRateStatedPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contractual interest rate for funds borrowed, under the debt agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DebtInstrumentInterestRateStatedPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DebtInstrumentPrepaymentAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of debt prepaid during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DebtInstrumentPrepaymentAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_NumberOfLoanTranches">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of loan tranches.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_NumberOfLoanTranches</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_ProportionOfOwnershipInterestsHeldByControllingParty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interests held by the controlling party.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_ProportionOfOwnershipInterestsHeldByControllingParty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsAdjustmentToInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The adjustment to the basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsAdjustmentToInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2021-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2021-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2021-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotesAndDebenturesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of notes and debentures issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotesAndDebenturesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBondsNotesAndDebentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of bonds, notes and debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBondsNotesAndDebentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfCurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of current borrowings. [Refer: Current borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfCurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UndrawnBorrowingFacilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of undrawn borrowing facilities that may be available for future operating activities and to settle capital commitments. [Refer: Capital commitments]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 50<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_50_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UndrawnBorrowingFacilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_FirmentShippingIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_FirmentShippingIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=glbs_CiTLloanFacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=glbs_CiTLloanFacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=glbs_EnTrustLoanFacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=glbs_EnTrustLoanFacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=glbs_AmendedAndRestatedAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=glbs_AmendedAndRestatedAgreementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=glbs_ConvertibleNoteMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=glbs_ConvertibleNoteMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657910474744">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share Based Payment (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">6 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2020</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_SharePremiumMember', window );">Share premium [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Increase (decrease) through share-based payment transactions, equity</a></td>
<td class="nump">$ 20<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_NonExecutiveDirectorsMember', window );">Non Executive Directors [member] | Share premium [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Increase (decrease) through share-based payment transactions, equity</a></td>
<td class="nump">$ 20<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfOrdinarySharesAxis=glbs_NumberOfOrdinarySharesMember', window );">Number of Ordinary Shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued', window );">Increase (decrease) in number of ordinary shares issued</a></td>
<td class="nump">4,012<span></span>
</td>
<td class="nump">217<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfOrdinarySharesAxis=glbs_NumberOfOrdinarySharesMember', window );">Number of Ordinary Shares [member] | Non Executive Directors [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued', window );">Increase (decrease) in number of ordinary shares issued</a></td>
<td class="nump">4,012<span></span>
</td>
<td class="nump">217<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The second quarter of 2020 share based payment was effected on July 9, 2020. A total of 130
shares were issued for the amount of $10.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of ordinary shares issued. [Refer: Ordinary shares [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_SharePremiumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_SharePremiumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_NonExecutiveDirectorsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_NonExecutiveDirectorsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfOrdinarySharesAxis=glbs_NumberOfOrdinarySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfOrdinarySharesAxis=glbs_NumberOfOrdinarySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>R44.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932095096">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Commitments - Future minimum lease revenues receivable under non-cancellable operating leases (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems', window );"><strong>DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">$ 8,323<span></span>
</td>
<td class="nump">$ 3,078<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems', window );"><strong>DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">$ 8,323<span></span>
</td>
<td class="nump">$ 3,078<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DisclosureOfFinanceLeaseAndOperatingLeaseByLessorLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of undiscounted operating lease payments to be received. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 97<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_97&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>56
<FILENAME>R45.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657932252856">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments (Details Narrative) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">6 Months Ended</th>
<th class="th" colspan="1">9 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jun. 30, 2020</div></th>
<th class="th"><div>Sep. 22, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue from rendering of services</a></td>
<td class="nump">$ 11,996,000<span></span>
</td>
<td class="nump">$ 4,589,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets</a></td>
<td class="nump">393,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 450,000<span></span>
</td>
<td class="nump">$ 674,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Lease liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 674,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation, right-of-use assets</a></td>
<td class="nump">56,000<span></span>
</td>
<td class="nump">56,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Interest expense on lease liabilities</a></td>
<td class="nump">20,000<span></span>
</td>
<td class="nump">23,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Current lease liabilities</a></td>
<td class="nump">161,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">195,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Non-current lease liabilities</a></td>
<td class="nump">309,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 367,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</a></td>
<td class="nump">27,000,000<span></span>
</td>
<td class="nump">(0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PeakLibertyMember', window );">Peak Liberty [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 28,400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember', window );">Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromRenderingOfServices', window );">Revenue from rendering of services</a></td>
<td class="nump">6,208,000<span></span>
</td>
<td class="nump">4,246,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingLeaseIncome', window );">Operating lease income</a></td>
<td class="nump">$ 5,788,000<span></span>
</td>
<td class="nump">$ 343,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 39<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation of right-of-use assets. [Refer: Depreciation and amortisation expense; Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_a&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingLeaseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating lease income. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 90<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_90_b&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingLeaseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromRenderingOfServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from the rendering of services. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromRenderingOfServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2021-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PeakLibertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PeakLibertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657933885656">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fair values - Fair value measurement (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Non-current derivative financial assets</a></td>
<td class="nump">$ 111<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Long -term borrowings</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="nump">37,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialAssetsAtFairValueMember', window );">Financial assets at fair value, class [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Non-current derivative financial assets</a></td>
<td class="nump">111<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueMember', window );">Financial liabilities at fair value, class [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Non-current derivative financial liabilities</a></td>
<td class="nump">176<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Financial liabilities, at fair value</a></td>
<td class="nump">176<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember', window );">At fair value [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Long -term borrowings</a></td>
<td class="nump">34,430<span></span>
</td>
<td class="nump">37,961<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember', window );">At fair value [member] | Financial assets at fair value, class [member] | Level 2 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Non-current derivative financial assets</a></td>
<td class="nump">111<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember', window );">At fair value [member] | Financial liabilities at fair value, class [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Non-current derivative financial liabilities</a></td>
<td class="nump">176<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember', window );">At fair value [member] | Financial liabilities at fair value, class [member] | Level 2 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Non-current derivative financial liabilities</a></td>
<td class="nump">176<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember', window );">Not measured at fair value in statement of financial position but for which fair value is disclosed [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Long -term borrowings</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="nump">37,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities</a></td>
<td class="nump">34,250<span></span>
</td>
<td class="nump">37,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember', window );">Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_BorrowingsGross', window );">Long -term borrowings</a></td>
<td class="nump">34,430<span></span>
</td>
<td class="nump">$ 37,961<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueMember', window );">Financial assets at fair value, class [member] | At fair value [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Non-current derivative financial assets</a></td>
<td class="nump">$ 111<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_BorrowingsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt, before deduction of unamortized (discount) premium and debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_BorrowingsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial liabilities. [Refer: At fair value [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2021-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialAssetsAtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialAssetsAtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MeasurementAxis=ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MeasurementAxis=ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>58
<FILENAME>R47.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140657959224056">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Events after the reporting date (Details Narrative)<br></strong></div></th>
<th class="th" colspan="3">6 Months Ended</th>
<th class="th" colspan="2">7 Months Ended</th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Jul. 15, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 05, 2021 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Jul. 20, 2021 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 22, 2021 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 27,000,000<span></span>
</td>
<td class="nump">$ (0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PowerGlobeMember', window );">Power Globe [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselYearBuilt', window );">Vessel year built</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselType', window );">Vessel type</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Kamsarmax<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 16,200,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselCapacity', window );">Vessel Capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">80,655<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PeakLibertyMember', window );">Peak Liberty [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselYearBuilt', window );">Vessel year built</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2015<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselType', window );">Vessel type</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Kamsarmax<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Purchase price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 28,400,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselCapacity', window );">Vessel Capacity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">81,837<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_VesselDeliveryDate', window );">Expected delivery date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">4th quarter of 2021<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_EolosShipmanagementSAMember', window );">Eolos Shipmanagement S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_DailyFeeAndCommissionIncome', window );">Daily fee of consultancy</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_NewRentalAgreementCyberonicaSAMember', window );">New Rental Agreement with Cyberonica S.A. [member] | New office building [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_glbs_MonthlyRentalExpense', window );">Monthly Rental Expense | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 26,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_DailyFeeAndCommissionIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of daily income relating to fees and commissions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_DailyFeeAndCommissionIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_MonthlyRentalExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of monthly expense recognised on rental activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_MonthlyRentalExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The vessel's capacity in deadweight tonnage ("dwt").</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselDeliveryDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The date of the vessel delivery to the Company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselDeliveryDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of vessel.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselType</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
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<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_glbs_VesselYearBuilt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The year that the vessel was built.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">glbs_VesselYearBuilt</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>glbs_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2021-01-01<br> -Paragraph 39<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2021-en-r&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2021-03-24<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PowerGlobeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PowerGlobeMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PeakLibertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=glbs_PeakLibertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_EolosShipmanagementSAMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_NewRentalAgreementCyberonicaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=glbs_NewRentalAgreementCyberonicaSAMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
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<TYPE>XML
<SEQUENCE>61
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
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	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
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}

..report table.authRefData p {
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}

..report table.authRefData .hide {
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	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
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}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
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	font-weight: bold;
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}

..report th.void	{
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}

..report .pl {
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	vertical-align: top;
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}

..report td.pl a.a {
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}

/* Header rows... */
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}

/* Calendars... */
..report .rc {
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}

/* Even rows... */
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}

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/* Odd rows... */
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..report .rou td {
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..report .rou table td, .report .reu table td {
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/* styles for footnote marker */
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..report .nump {
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..report sup {
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..report .outerFootnotes {
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}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>62
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.21.2</Version>
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  <ElementCount>288</ElementCount>
  <EntityCount>1</EntityCount>
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  <SegmentCount>68</SegmentCount>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
